According to a recent forecast published by International Data Corporation $130 billion will be spent over the next five years on marketing software globally. Such is the rising advent of software from the current times that seems to surge higher in the near future. This surge eventually will create huge demand and supply in the business cycle. In a country like India, supply and demand functionality forms the base in terms of hiring and recruitments. This supply and demand cycle has to be in sync with the requirements of the industry and the offering from the educational institutions.
There are thousands of students who graduate and step into the industry for jobs but not all of them are successful in acquiring a job of their choice. This is because most graduates are not job ready. The Education system is not to be blamed for this. Within our current education sector there is an innumerous mass of people that are produced. A way to further enhance the education system today is to have a strong linkage with the industry so that it lives up to the lack and resolves gaps in the education system. The gap is between the synergy of educational institutions and the industry. Resolving this gap further enhances the caliber of students produced for the market.
In provision of freshmen hiring, corporate entities today do not expect them to have market knowledge while hiring. Freshmen are hired on two variables. One variable is their aptitude and intelligence quotient if they are smart enough to understand new concepts and adapt accordingly. The second and most important aspect is the practical factor of them being able to put in hours of their time. Organizations do not expect freshers to focus or worry about work-life balance. More than market dynamics, they are expected to come in with the absorption capacity and intellect and willingness to put in hours for at least three to four years in learning and adapting to the work culture. This holds the criterion for growth in the corporate world.
To give in time into an organization for a fresher may seem challenging. To aid the same, events like industry visits and internships have come into play. These are initiatives that are in collaboration with colleges and industry through which students are given insight into the industry and its various roles. This helps them realize their potential and target the roles they want and take up courses and specialize for the same. Summer internships have a similar motive. All these aspects help establish patience and stability in students which reflects on their job profiles as employees in an organization.
In terms of growth, Higher Education is another facet that propels knowledge and efficiency of individuals. In India, generally students who freshly graduate immediately board the next train towards a Master Degree. Not denying the value of it, it could only be said that taking a break between studies to explore the industry could prove to be a sound decision. Working in an organization after graduation exposes a candidate to the real world of the corporate that is only spoken of in the four walls of a classroom. To see with ones\' own eyes and to believe it makes a candidate aware of their real potential and the right objective to further chase their aspirations in pursuit of a Masters Degree.
With regard to the same it is witnessed that candidates who work after graduation have certain compulsions that hinder or act as barriers preventing them to further pursue Higher Education. For all such candidates, Distance Education is the only real option to pursue Higher Education. There are inherent drawbacks to it as this is an inactive mode and lacks the classroom experience. It does not focus on some of the most essential aspects of learning such as hands on training, application, peer learning and industry interface. From a corporate stand point a full time program has more relevance and a graduate from a full time Program has more scope to progress. A distance education student will never compete with a full time graduated student. This calls for students to aim at realistic goals on achieving which; could prove lucrative returns in their career graph. Graduating students must focus on studies on-hand to gain weightage on their Curriculum Vitae because Companies today look at cumulative point average and not only extra-curricular activities. Students must also consider the choice to join organizations where there are opportunities to learn, win and grow on an ongoing basis to look and take risk at startups rather than large entities and help them establish. Candidates with higher IQ regard and someone who puts in hours are the demanded people in the industry. Most students think innovation is the key to make the cut but giving in time is the real key for progress that can escalate one\'s career on an uprising graph.
Dhruv Desai
He is the Senior VP of Angel Broking. Dhruv\'s background spans many industries and cultures, including Technology, Aviation, Telecom, and BFSI & IT/ES consulting. A strategic thinker and a proven problem solver with a thorough understanding of the dynamic role that talent management must play in the 21st Century workforce. Dhruv is a versatalist with expertise and laurels in the fields of HRD, Leadership, Team building, Strategic planning, Change management, Executive coaching, Business consulting, Performance management, CRM and Quality management.
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