Employment opportunities on the rise for fresh graduates: Survey

According to a recent survey it is found that employability of Indian graduates is getting upscale. But only if they are trained well to join the professional sector.

WHO CONDUCTED THE SURVEY

The survey conducted jointly by Confederation of Indian Industries (CII), All India Council of Technical Education (AICTE), United Nations Development Program, leading human resource consultancy Peoplestrong and skill assessment firm Wheebox

WHAT DOES THE SURVEY SAY

–Employability among graduates has seen a hike from 34% to 46%, a jump of more than 35% since 2014.

–Engineers, who are largely unemployed, were found to have 52% employability since past few years.

— A survey of 510,000 students and 120 companies shows up that those who are pursuing computer sciences have the highest employability within engineering domain.

–Higher education domains have seen a growth in job-readiness of fresh graduates.

— Less scope for the graduates of management institutes, bachelor of commerce, and, Industrial Training Institutes (ITIs)

— Delhi is on the top list with nearly 75% of its graduates being termed as employable. Karnataka, Kerala, Maharashtra, Punjab, Tamil Nadu and Gujarat are other top states in terms of employability after Delhi whereas Bengaluru, Indore, and Chennai are the top cities in providing employment.

— Engineering, automobiles, manufacturing, consumer durables and core sectors have highest responses of this impact category. Moreover, graduates in engineering or other equivalent courses are high in demand as both combined together constitute 45% of the total hiring requirements.

A MAJOR SADDENING HIGHLIGHT

“MBA is the new B-Tech,” said the report, emphasizing on how the quality of management education has gone down over the years.

THE IMPACT

The improvement in the employment sector is directly going to impact the quality of employment, the competitiveness of graduates, a shift in focus on the job debate in India and whether the industries will get a job-ready workforce easily.

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