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 A developing country like India where around 10% is the unemployment rate, more then half of its population is below poverty line (BPL) as per ADB BPL of 2$ a day; employability has been a cause of concern for government. Proper and efficient technical education and the opportunities thereafter are lacking. Beyond IITs, IIMs and some top technology and management institutions; the quality of education has been not very satisfactory. Despite producing quality professionals, Institutions put their attention to the pomp and show. Industry- academia linkages is lacking and due to what the graduates are not able to find a satisfactory job after the completion of such professional courses like B. Tech, B.E, MBA etc. There is a huge mismatch with the industrial standards of hiring a professional and the raw graduates prepared by these institutions. The practical knowhow and attitude of today’s graduates are a cause of concern for the industry as well as the economy. According to a study, Engineers in India does not match with the international standards and their productivity is one third of an engineer from USA or UK.

But what can a graduate do? They are not trained properly from the beginning. Graduates are groomed under the supervision of these institutions which plays a very pivotal role in deciding the career future of any student.

Today, a peon in a government organization is paid much better than a person who is an MBA/ MA/ B.Tech etc. Unemployment and thus poverty is pushing our highly qualified graduates’ steps back and they feel very frustrated and unable to perform and sometimes they are involved in different bad and criminal activities. They have studied hard, took up all the savings of his family and what is the result, he is stranding in the midway under sun finding a job. He is begging here and there to give some jobs. He queues in long line where for one post, there are more than hundred people. The tremendous pressure from family and society makes them to earn at any cost. Sometimes, some of these strugglers defeat with the situation and the surroundings and he takes the extreme step i.e. suicide. If he is able to find a job still he is not paid as per his qualification. He is exploited maximum and the job pressure takes away all his happiness and personal and social space. He becomes alone again with having a job. As per the international labour law; around 35 hours a week on an average is the criteria of working hours; but in India we work 50 hours a week usually. This is the height of the unethical and unsustainable practices in the Indian job market.  Is this what he has studied and spent huge amount of money for? Those money could have been spent in some other ventures like in setting up own ventures, enterprises etc. Instead of working for others they could have worked in the sectors which suits and interests him. But now after spending so much on his education he is not able to face his family and beg for some more money.

The societal environment needs to be more practical and entrepreneurial. Instead of finding a job an Engineer or an MBA can use his/her expertise to open up his venture, which not only provides him/her mental satisfaction but also the reward in terms of better economic gains. They would be able to generate more economic contribution to the society and also the jobs, which will enhance the inclusive growth and development of society at large. We are not able to make a bankable and feasible business plans after getting these higher studies. Then what is the utilization of the studies they have done. Instead of producing job seekers, governments, institutions should take up a stand towards making graduates job makers. Through the use of business incubators at institutions, they can also enhance their salability in the market.

I asked many of my friends about the aim behind gaining a higher education. Most of them told about getting a good job, good compensation after the completion. People should have to understand about the benefits of quality knowledge and practical experience which itself usually followed with a satisfactory job.   

I personally don’t think that the academic qualification is very necessary. Instead one should think and find one’s real instinct, strengths and interests which can be nurtured into an idea. This idea can be transformed into an enterprise. The enterprise can provide not only self economic sustainability for an individual who starts it but also it generates employment for others as well.    

Academic institutions should pay more attention towards the industry demands. Through proper communication and interactions with the industry they should not only design the course but also they should increase more practical on job trainings in curriculum in terms of internships.  Generally for an MBA internship is of 4 months on an average. This should be increased to 10-12 months so that a graduate learn the different dimensions and complexities of businesses and be more capable of handling the situations in the management process. Time has gone when only the lectures, attending classes and attaining qualifications were more than enough for a graduate to satisfy the role profile of any company. Graduates need to be more practical, efficient and productive in the complex business environment these days.

In this ever increasing competition, decreasing focus of government on unemployed literate youth is a major cause of concern.

This dilemma whether one should attain a good qualification MBA/MCA/B Tech/ B.E etc or should start an enterprise very first would have to be answered. Academic institutions will have to understand the value of hard earned money. They would have to work for the societal upliftment in order to bring economic and social prosperity.

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Comment by Prof Dr V N Sivasankara Pillai on March 31, 2012 at 2:47pm

Dear Bhavesh,

The unemployment situation is created by by the people and government. We value degrees rather than knowledge and skills. Degree gives a walk in for most assignments. Many "gentlemen" have "bought" PhD degree after retirement to qualify themselves for nomination to government assignments. The intake for degrees must be limited based on suitability and employment demand. Others must go for skilled jobs.

the mushroom professional colleges promoted by politicians and XG lobbies are bringing down the respectability of degrees. If things go at the present rate every Indian will become an engineer, doctor, MBA or politician.

Comment by Amit Aneja on March 31, 2012 at 10:06am

Bhavesh,

Nice article. I agree with you thats reality especially in tier-2 cities where people are after degrees so that they can get good jobs after they graduate.

I agree to an extent that academic qualification will assist you in giving a direction for future career path and some strong connection but inculcating entrepreneurship within an individual lacks in our institutions except a few.

Lets hope we learn this tactic also from west soon!

Regards

Amit

Comment by Bhavesh Jha on March 30, 2012 at 6:23am

Yes Sir,

This is the reality. Spending and getting a high class academic degree in order to fulfill the economical and social need is not feasible these days.

Thanks for your comments

Bhavesh Jha

 

Comment by BIJAYA NANDA DAS on March 30, 2012 at 4:30am

Very true.You have touched a raw nerve.I read a report that a only 3% of engneers who graduate are job worthy.A real skill oriented education with some sprinkling of entrprenureship This to a great extent reduce the dilema of young people .Do you get a skilled any thing a elctrician an auto mechanic in our country.This needs a real overhull in our education system

Dr b n das

Comment by GOPI KANTA GHOSH on March 28, 2012 at 6:33am

Practical truth...improper planning leading to this situation. No one bothered. It may lead to blood bath some day.

Comment by Manoj Kumar on March 28, 2012 at 2:20am

i am agree with your this view that people are not getting the quality education in technical institutions but this is also true that quality people (proper educated) are going to these institutions. Today any person can get engineering or mba degree because lot of options are open. Institutions are busy in making money only and they are not bordered about either quality people or quality education.

 

Comment by MADAN IYENGAR on March 27, 2012 at 12:08pm

Hi Bhavesh...quote unquote......"I personally don’t think that the academic qualification is very necessary"..just give a little thought to all the TEACHERS AND LECTURERS  who are doing yeomen service just to educate the next gen.... Manmohan singh, Narayan Murthy, azim premji..to name a few educated could not have achieved what they have done today... I agree with you as regards Your dilemma ...but education offers options to choose what you want to be and become...IF ALL TEACHERS HAD THIS ATTITUDE THEN ...GOD BLESS........Education is business in today terms and the menu is there to choose from.....well these are some of my thoughts

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