ENGLISH - VINGLISH : Part 2
I dare say that no degree or diploma or any qualification in the world guarantees a good job or a good package until and unless one develops the right set of skills in oneself. And being unmindful of developing these skills, one remains eligible only but not necessarily employable.
Continuing the same theme I discussed in the last blog post ‘ENGLISH VINGLISH’, now it’s time for some more reality check. Yes, I do know that we are on track of ‘Communication and Soft Skills.’ But before I start, I would like to talk about two specific terms; ‘Eligibility’ and ‘Employability’. As per my own professional as well as personal experiences, I dare say that no degree or diploma or any qualification in the world guarantees a good job or a good package until and unless one develops the right set of skills in oneself. Even for the past few years, If you observe the marketing and promotional gimmicks of professional institutions in India a bit closely, you will notice that many of them who were at one point in time, were boasting of 100% ‘Placement Assurance’ to attract the attention of their prospective clients (read students and their investor parents), they too felt the heat soon and quietly replaced this term with 100% ‘Placement Assistance’. No wonder, now they were/ are not to blame for not being able to place their students in some good companies. But here, I would like to add on one more remark, that colleges must not be perceived as placement agencies. I believe an educational institution must project themselves as an abode of knowledge, a training-house of skills and a centre of attitude building. And the rest is up to the students.
Now Back to business! Yes, we were discussing ‘Eligibility’ and ‘Employability’ issue of our Indian youth. Looking at the current ‘Industry readiness’ of our students pursuing their professional courses, needless to say that most of them are not well equipped with those KSAs (Knowledge, Skills and Attitude) which make them Job-Fit or Culture-Fit. Yes, they are lagging far behind and this is something of serious concern. In a paper titled ‘B-Schools and engineering colleges shut down — big business struggles’, the Associate Chambers of Commerce and Industry of India (ASSOCHAM) has revealed that merely 10% of graduates from business schools [aside from the top 20 business schools like the Indian Institutes of Management (IIMs)] manage to get hired by the corporate India on an average every year. In the last five years, the number of MBA seats annually in India has tripled from 4,500 to as many as 3.6 lakh but campus recruitments have gone down by 40% in the same period. The bad news continues with the study estimating that 180 schools had shut down in 2012 in major cities like Delhi and the NCR, Mumbai, Bangalore and Kolkata while another 160 struggled for survival. Only 10% of the students graduating from these colleges were found employable.