Skill Development - Only Way Forward
Probably, 30 or 40 years back a simple degree such as a B.A, B.Com or B.Sc might have fetched a job for many candidates. But, now the situation is quite different and many students with M.B.A, M.Com or even engineering degrees are finding it very difficult to get a job.
Today, in the competitive job market, merely having a graduate or post-graduate degree is not enough to get a decent job. A recent study shows that the employability of Indian Graduates and Post-Graduates remains a big concern and, on an average, only 25% of fresh graduates and post-graduates are employable. The main reason for this problem lies in not having additional skills.
Students need to have a proper knowledge and additional competencies rather than just a degree or post-graduation to face the strong competition in the job market. These days, employers also prefer candidates with additional practical skill sets. Students generally don’t have an idea about the available options of professional certifications or diplomas that will boost the value of their basic academic qualification. The current scenario in the country can be summarized as below:
The answer to the above problems is skill development. If students during their graduation or postgraduation or immediately after their study invest in additional skill development, they can improve their chances of employability. Among various options, BFSI is one sector where lot of certifications are available which provide lot of career options.