IISc has started its BS (Bachelors in Science) program this year (http://www.iisc.ernet.in/ug/). I thinks its a great beginning and I hope that the program lives up to its expectations. Comparison of this program with the already mature undergraduate programs at IITs is natural. One feature that makes the IISc program much superior over the IITs is the flexibility to choose majors after first two years. In IITs one has to choose his specialization at the very beginning, based only on the rank and rarely on taste/aptitude. The second advantage that IISc has over IITs, especially if the student wants to go into research in future, is that it was a graduate school till recently, which means that the focus has been mainly on research. Unlike IISc, faculty members have to spend a lot of time in teaching at IITs. The IITs have one big advantage for students interesting in finding jobs right after graduation. They have an extensive alumni network, good reputation, and a well-set placement routine. So the choice is up to you the student; just don't do something because everyone else is doing it!
