I am enrolled in this course at UPES since July '09.Yes it's true that this course alone will not help you in future if in case you become medically unfit (i hope it never happens) . But this can surely help you in getting an admission in a MBA course like Aviation Management (offered by the same university) which will surely boost your career. The fee is surely on a higher side, but all the other colleges are charging almost the same thing. I know a college in Mumbai which charges 1.5 lacs but the course duration is 3 years, whereas its 1.5 years in UPES.You can refer to this link for more information.
Lateral Entry - B. Sc. | CAS
All The Best!