A New Delhi-based employment solutions company, Aspiring Minds, conducted an employability-focused study based on 150,000 engineering students who graduated in 2013.The findings were rather shocking. As many as 97 per cent of graduating engineers want jobs either in software engineering or core engineering. However, only 3 per cent have suitable skills to be employed in software or product market, and only 7 per cent can handle core engineering tasks.
According to the HRD ministry, India has 6,214 engineering and technology institutions which are enrolling 2.9 million students. Around 1.5 million engineers are released into the job market every year. But the dismal state of higher education in India ensures that they simply do not have adequate skills to be employed.
According to the All India Council for Technical Education, across the country. every year, out of the eight lakh engineers graduating from technical institutions more than 60% stay unemployed. This comes to an annual potential loss of 20 lakh man days. Over 3200 institutions offer just 15% of engineering programmes which are accredited by the National Board of Accreditation (NBA). While engineering students which apply for summer internships are less than 1%.
Though the quantity of universities, colleges and programmes are going on increasing in the country, the lack of quality education persists. Profit-hungry managements, lack of skill education, resplendent corruption, focus on rote-learning methods, and shortage of faculty (both in quantity and quality) are the major issues plaguing higher education. Graduates are collecting their degrees despite not being skilled enough to be a productive part of the Indian economy.
So, what can happen when such a large population of youth do not get jobs? Experts say that this may cause serious instability in the economic and social conditions in the country, along with wide scale dissatisfaction and disillusionment.
Did you know?
Only 18.43% of the engineers are employable in the software sector
Only 3.84% engineers suited to tech roles in startups
Nearly 27% of engineers failed to even snag an interview
Most numbers in the report are grim, from an employability percentage of 3.67% of Software Engineers for IT product companies to 17.91% of Software Engineers for IT service companies. Design engineers are not too lucky either with electronic engineers being the most employable at 7.07%.
Getting certified is a surefire way to advance your career in the IT industry. Whether you work for an enterprise, a small business, government, healthcare or any other place that employs IT professionals, your best bet for career advancement is to validate your skills and knowledge through a carefully chosen combination of certifications.
But certifications can get expensive. Factor in study materials, training and classes, exam fees, and the time that you devote to the whole experience; it all adds up. If you consider certifications as an investment in your career and your future, then wouldn’t you want to work to obtain those that will benefit you the most?
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THE VALUE OF CERTIFICATION
- Training alone is not enough:
Employers agree that you need a certification to validate your skills. In fact, 88 percent of employers believe it’s important to test after training to confirm knowledge gains. In doing so, employees validate their skills and demonstrate that they have learned new abilities in a way that training alone cannot.
With the number of vacant IT positions expected to increase by 17 percent by 2022, driven by the lack of skilled professionals available, it’s inevitable that IT certifications will continue to play a significant role in the hiring process. New entrants into the industry must be able to prove their skills and show they can work at the forefront of the most rapidly evolving industry in the world.
Certified IT professionals make great employees:
Employers agree that certified employees perform better and earn more recognition compared to non-certified staff.
IT certifications have grown in importance:
Certifications are a good baseline validation of what employees learn, and this can be seen in their performance. Because of this, 94 percent of HR managers expect IT certifications to grow in importance over the next two years as compared to only 84 percent who said the same thing in 2013.