NEW DELHI, NOVEMBER 22: The employability of engineering graduates continue to remain high as compared to other domains, while there is a decline in hiring of MBA candidates, states the ‘India Skills Report 2019’.
There is also good news across sectors as the employability continues to rise thus reaching a new high of 47% this year – an incremental change of almost 2-3 percentage points since last year and a huge change of over 15% points in the past five years.
Andhra Pradesh tops the state with highest employability rate followed by Rajasthan and Haryana this year. As per the Report, there has been an increase in employable talent in tier 2 and tier 3 cities. This trend can be seen inspite of the lack of big institutions such as IITs/IIMs or any other renowned institutes in the tier 2 and 3 cities.
‘India Skills Report’, a joint initiative of the All India Council for Technical Education (AICTE) and Association of Indian Universities (AIU) along with Wheebox, PeopleStrong and Confederation of Indian Industry (CII) states that the employability amongst MBA graduates has further dropped by 3 percentage points over last year.
It seems that with the exponential increase in the number of MBA colleges the quality of talent is seen to be declining, which needs government attention. The employability of B.Pharma graduates has also declined by 12% since the previous year. Female employability has seen a positive change as compared to last year. It has increased to 46% this year, an eight percentage point change since the previous report. Male employability score has grown only by one percentage point and is now at 48%.
Nirmal Singh, Founder and CEO of Wheebox said, “The increase in employability touching 47% is a good sign for the market. But, we have a long way to go and entire ecosystem should focus on bridging the employability gaps and enhancing the talent pool, thus taking measures from school level to professional level focusing on learning.”
The insights and trends are captured from the employability test spread out to 5200 Universities and professional institutions in India, reaching out to more than 3 lakh students across 29 states and 7 Union Territories.
The key job areas which the companies would be hiring for are: Artificial Intelligence, Design, Analytics, Research and Development. Of which design jobs would be the most in demand (23% of employers plan to hire for design jobs).
Apart from domain expertise, organizations prefer to hire candidates with better communication skills and those ready to learn and adapt to changing business environment. Almost 60% of recruiters feel that the right quality candidate is not available. As per the survey, 63% of respondents feel that only “Some job seekers” or “No” job seekers meet the required skills.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.