The employment conundrum facing graduates is real. the recent news that 36 % of students at IIT mumbai are yet to be placed makes me think if this is happening at one of the best tech colleges in India then the issue is much larger and grave. The truth is It's a complicated issue with no clear answer. But, consider this: Millions of university-educated people are unemployed (or underemployed), yet many companies struggle to fill skilled positions. What gives? Here's the thing: employers want skills, not just degrees. But skills are harder to measure, so degrees are what get recognized. They seem "safe", "standardized", and "measurable". But, they don't always correlate with employability. In today's job market, the skill set you bring is what matters. So, my advice? Invest in your skills, not just your degree. Get experience. Build relationships. Solve problems. These will be what really sets you apart to potential employers, even more than your degree. What do you think, let me know ?
Permeet singh
7mo
i don't agree, if you are saying degrees are useless and skills need to be given priority-i mean one can learn hard skills at any point of time, but you can't learn social skills, you won't find a true self without going to college. that's the difference between us and India-us values education that's why us is a global power whereas Indians run after Udemy or Coursera without putting emphasis on quality education.
Sourav Mishra
7mo
Every year thousands of candidates pass out from IIT's and IIM's. The purpose behind the rat race🐭🏃 to get in to elite premier Institute is to earn a lot of money. The main thought process behind all these circus is that parents and children think once crack IIT and IIM life is set. Then there is only comfortable life after that. Whereas real challenge starts from there. If a company hires you with high salary package. They expect you to deliver accordingly. Otherwise you will be sacked. Once you join organization they're least bothered about whether you are from IIT or Stanford University. If you are unable to deliver numbers you will be thrown in the ordinary public crowd. But as on date nobody is ready to accept this bitter truth.
Santharam K V
7mo
Then what about the experienced people unemployed? After acquiring job related skills& experience what is that they are looking for?. There is something which employers have to rethink..freshers they don’t want and same is the case with experienced & skilled? So what is that they want? One thing is for sure they are not sure about the business and have no clue how to correct it without using talented manpower.
Kusum Thakur
7mo
Absolutely! While degrees have traditionally been seen as the golden ticket to employment, they at times fail to reflect an individual's true capabilities. The modern job market values practical skills and real-world experience far more than the credentials on a resume. As for the education system, I feel it's imperative that it evolves to better prepare individuals for the realities of the job market.
Mahroof Moosa
7mo
Absolutely spot on! The emphasis on skills over degrees is crucial in today's job market. Investing in skills, gaining experience, and problem-solving are indeed what truly set individuals apart. Thanks for highlighting this important perspective! Nitin Nahata
Makes sense!
Helping Entrepreneurs Thrive in Business | Fractional CFO, CPA, CA | Ex-Tata, PepsiCo | Business Mentor | Quote I believe in 'Less is More and Do More with Less'
7moWe are at a cusp when employer-employee relationship is going to change forever bringing in Gig Economy. Rather than expecting a one to one correlation between an employer and employee, it will be many to many going forward. In other words, an employer will be breaking an existing job and splitting it to multiple experts. Similarly, an employee instead of working for one company will be providing their services to multiple companies. It is important to know what is your passion, strength and try to make a living aligning the same with your overall purpose so that you have the best chances of success as well as you do something that you enjoy. Soft /life skills such as networking, selling your services, knowing basic finance, marketing and creating a niche are going to be increasingly important skills that the future students need to learn.