The only solution to unemployability problem of fresh graduates
There has been a lot of debate on the quality of fresh graduates in India and how the employability of these young groups of people remains a challenge.
IT industry in India over last several years has been in need of a lot of head counts. The focus therefore was more on producing basic skills and making the job billable.
“ Employability of fresh graduates in India remains a challenge, only solution to this huge national problem would be through corporates training these students…”
Most of the jobs, even being done in big branded IT companies were mostly support and maintenance which did not require high level skills. This job however did not also offer much to these young job seekers in terms of quality work experience and knowledge on which they could bank upon to further their career. Many such employees have been getting into higher studies and training to better their prospects of getting a better future.
This time, the situation has become different. Unlike the time of recession when the demand was less and the likelihood of the increase of demand ensured that the basic skills still had a chance, the current times pose a different kind of challenge. The market is undergoing a correction in terms of skill requirement. Most of the basic work being outsourced previously is either a candidate of automation or eliminated with better automated processes. The skills required for these employees to move up the value chain in most of the cases are significantly different and difficult. The challenge now lies with more than a million students who are now passing out from colleges and would be passing out in next year or so to be made employable, as their studies do not cover anything close to what the industry would need in future.
The solution to this huge national problem would only be done through corporates training these students either on their own cost or by asking students to foot the bill of the training to make them employable.
Training companies and institutes too are caught unawares with this correction which is now focussing on creating niche technology skills like analytics, big data, eCommerce, internet statistics, nano engineering, cyber security and man computer interface. Such institutes only add to the expense on the students without adding significant value in these changing times.
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Picture Credits : IIMIDR ,for representational purposes only
By Alok Kumar