Under the alliance, Monster India will manage and monitor campus recruitment activities of over 10,360 colleges approved by the AICTE with a collective intake capacity of over 36 lakh students from various streams — engineering and technology; applied arts and craft; hotel management and catering; management; pharmacy and architecture and town planning. “Our association with AICTE will allow greater access to students and colleges with a large pool of employers present on our data base and provide relevant job opportunities,” Sanjay Modi, Managing Director (APAC & Middle East), Monster.com, said. Apart from creating and managing the platform, Monster India will also provide facility for practice tests to check employability, identify skill gaps through assessment and suggest proactive measures to overcome it. The AICTE is the statutory body and a national-level council for technical education, under the Department of Higher Education, Ministry of Human Resource Development. – Courtesy / Take a Look at http://www.monsterindia.com/
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Live Mint | Thu, Feb 08 2018 | Prashant K. Nanda |
Among fresh engineers, employability is even higher, says the survey
New Delhi: Employability of Indian graduates is rising, a new survey has found, questioning conventional wisdom that many of them are not trained to start work. Among fresh engineers, employability is even higher, says the survey. The survey conducted jointly by Confederation of Indian Industries (CII), All India Council of Technical Education (AICTE), United Nations Development Program, leading human resource consultancy Peoplestrong and skill assessment firm Wheebox, said that “this year, employability score has taken a big leap as compared to last year.” Since 2014, overall employability among graduates has risen from 34% to 46%, a jump of more than 35%. In other words, nearly one out of two fresh graduates are employable now, up from one out of every three four years back. Fresh engineers, often termed largely unemployable, were found to have 52% employability. Within the engineering domain, those pursuing computer sciences have the highest employability, says the report that surveyed 510,000 students and 120 companies.
The survey showed that in 2018, most of the higher education domains have showed improvement in job-readiness of fresh graduates. However, employability of graduates of management institutes, Industrial Training Institutes (ITIs) and bachelor in commerce are showing a negative trend. “MBA is the new B-Tech,” said the report, underlining how management education quality has slipped. Overall, the improvement in the employability factor will have three key impacts—one, the competitiveness of graduates will improve, more quality employment will be demanded, sharpening the jobs debate in India, and third, industries will find it easier to get a job-ready workforce. “This is good news for the economy and for industries. And the effort put in by authorities and institutions were showing results. But the employment scenario is changing swiftly and jobs that were on demand five years back, may not be favourites now or two years hence. So, everyone needs to be on their toes,” said Nirmal Singh, chief executive of Wheebox, which conducted the skill assessments of students for the survey.
Among states, Delhi was on top with nearly 75% of its graduates being termed as employable. Other than the capital city, Karnataka, Maharashtra, Kerala, Punjab, Tamil Nadu and Gujarat are the other top states in terms of graduate employability. Bengaluru, Chennai and Indore are the top three cities in terms of employability. Automation will be a key disrupter in the jobs market, study showed. It said “32% respondents claim that automation is affecting 10 to 40% of existing jobs. Engineering, automobiles, manufacturing, consumer durables and core sectors have highest responses of this impact category.” The survey said more companies showed higher hiring intent in 2018. The overall hiring trend suggests that graduation courses and engineering graduation or equivalent courses are high in demand as both put together 45% of total hiring requirements. It further said fresh graduates and employees with up to five years of experience are in high demand and their improved employability will positively impact productivity. AICTE chief Anil Sahasrabudhe claimed his organization, which is the apex technical education regulator, has taken suitable measures to make students industry ready. He said the council will take inputs of this survey in further improving the quality of technical education. – Courtesy
The Times of India | Ardhra Nair | TNN | Jan 24, 2018 |
PUNE: Students with BTech degree are turning out to be much more in demand than those armed with MTech in the job market with the recruiters willing to pay the undergrads considerably more. On one hand, the low level of research in engineering is a matter of concern. On the other hand, a review of the placement packages offered to postgraduate students reveals that all is not well with the MTech education. The highest annual salary package offered to a BTech student is, on an average, about 5-time higher than what is offered to one with an MTech degree. Pune Institute of Computer Technology (PICT) has one of the highest packages offered to BTech students in the city. “Our highest package for BTech is over Rs 30 lakh per annum. In contrast, the highest package offered to MTech students is around Rs 4.5 lakh per annum,” said S Narkhede, training and placement officer, PICT. Most of the times, he said, the postgraduate students do not meet the criteria laid down by companies for recruitment. “There have been instances of the postgraduate students not being able to write a simple code. Despite the expansions in the service sector, they don’t want to go for it as they have specialised in a core subject,” Narkhede said.
The situation is same for Pimpri Chinchwad College of Engineering (PCCoE). “We have about 72 students in the postgraduate sector, of whom 55% have been placed. In the undergraduate sector, 80% of our students have found placement,” said Shitalkumar Rawandale, training and placement officer of the institute. Statistics of College of Engineering Pune (CoEP) also reveal an almost similar situation. The highest package offered to an undergraduate student is over Rs 30 lakh per annum with the average salary being over Rs 8 lakh. ” Out the of 300-plus students, 140 have found placement. The highest package offered is Rs 9 lakh per annum. Most students getting placement in the service sector get a salary of Rs 3.5 lakh per annum. The core companies, however, pay more,” said Uttam Chaskar, training and placement officer. Ketaki Kulkarni, training and placement officer at Vishwakarma Group of Institutes, said, “When it comes to postgraduate students, only about 50% students are placed. The average placement package offered to MTech students is arround Rs 3.5 lakh per annum and the highest package is around Rs 7 lakh a year. Most of these students come directly after graduation without any industry experience. They lack hands-on training. As a result, they are considered on a par with the undergraduate students,” she said.Chaskar said the problem is that the students coming for MTech in COEP are from diverse backgrounds. “Their fundamentals are weak and most of them looking for a brand name. Our BTech students form the creamy layer who get selected after CET and they are extremely bright. Most companies are aware about this,” he added. – Courtesy
Economic Times | ET Now| Dec 20, 2017 | Opinion | Edited excerpts |
In an interview with ET Now, Rishad Premji , Chief Strategy Officer, Wipro, says there is always employability for relevant skills.
What is your view on skilling in IT sector?
Given how much change is happening in the technology space, the lifespan of skills is becoming much shorter and as a consequence the need to upgrade faster is that much more important. Upgrading of skills, moving your capabilities into new skill areas is very, very important and organisations and the IT industry is very focused on helping people get there. Reskilling of people to move into new technology areas is a big focus today.
While it is about doom and gloom and hiring at Nasscom that you are part of, you sort of clarified, that there are enough jobs. Would you really put the onus there on jobs while it is the right skill set that is really required now?, It is not as bad as it is really made out to be?
There is always employability for relevant skills. Look I think there is a still a lot of growth potential in the industry from an employment standpoint as well. The speed may not be as fast as it has been historically but certainly there is an opportunity for growth. You have seen what the industry added last year which is 150,000 people net jobs. I think it will add a similar number this year. There is still a lot of growth in the industry both in terms of overall revenue growth and employability.
Be optimistic. There is huge opportunity in terms of what your engineering degree can do for creating employment whether it be with IT services companies, some of the product companies or in the start-up ecosystem. I would be quite optimistic if I am an engineer in India even today.
Be optimistic. There is huge opportunity in terms of what your engineering degree can do for creating employment whether it be with IT services companies, some of the product companies or in the start-up ecosystem. I would be quite optimistic if I am an engineer in India even today. – Courtesy
Money Control News | Dec 11, 2017 | Opinion |
AICTE data suggests that less than half the of engineering students in the country have got jobs through campus placement over the last five years.
Technical education institutions in India, particularly those that offer BE (bachelor of engineering) and B Tech (bachelor of technology) courses, are running at 49 percent capacity, according to a report by the Financial Express. The report also stated that according to data from All India Council for Technical Education (AICTE), less than half the students passing out of these courses have found job via campus placements in the last five years. The job placement figure is even worse if you see only the standalone figure for last year, which stood at a paltry 40 percent. After a series of extremely disappointing numbers like these, the apex technical education body of the country – the AICTE – is now considering asking colleges with less than 70 percent occupancy to wind up and shut shop. This shocking situation also gained prominence after various reports online suggested that the quality of education in the country is worsening. The reasons for such a poor state of affairs are various, including corruption at various levels, poor infrastructure facilities like labs, and lack of skilled teaching faculty.
Factors like these are hampering the quality of graduates these colleges are churning out every year. External factors like poor connections with an industry body add insult to injury. However, industry stalwarts have a different take on the story. RC Bhargava, Chairman of Maruti Suzuki, who is also Chairman of IIT Kanpur, was quoted by Financial Express as saying, “Most of the graduates don’t know the basics of engineering. The reason these vacancies keep increasing is because graduates can’t find jobs. That’s because employers don’t think they are worth employing. Most people will tell you that 80 percent of engineering graduates are not employable.” Experts also blame market factors for this situation. In the wake of the dotcom bubble during the late 90s and early 2000s, when the IT industry saw a rush of software-related jobs, companies were in dire need of engineers. The situation was so grave that employers even chose to ignore a candidate’s branch of engineering, if he or she could code. DK Subramaniam, professor at IISc, said that private players have now stepped up in order to keep pace with the booming demand but government institutions have stayed away from the software engineering branch. Although this helped calm things down back then, the situation turned serious when scrupulous institutions started cropping up by the hour. The situation has resulted in a vicious circle in which low quality engineers are forcing the industry to hire less. Reduced demand in turn results in lower number of people choosing to enter the field. Unless and until universities step up their game, courses like BE and B Tech will continue turning more and more unviable by the day. – Courtesy
Engineering colleges vacant seats: Students alert! The horrific nature of the situation revealed
The Financial Express | December 12, 2017 |
That engineering colleges across the country have failed for some years to fill their seats was known—but over half the seats in the country remaining vacant in 2016-17 is shocking indeed.
That engineering colleges across the country have failed for some years to fill their seats was known—but over half the seats in the country remaining vacant in 2016-17 is shocking indeed. As per The Indian Express, 51% of the over 15 lakh seats in over 3,900 engineering colleges in India had not been filled last year. There are many factors to blame, from an explosion of career choices, professional courses and relevant employment opportunities to the general decline in demand for engineers, mainly in the IT sector. The IT sector fuelled the mushrooming of engineering colleges in the country; as the nature of IT employment changed over the years with greater focus on technologies like cloud and digital—and automation entered the workplace—appetite for engineering courses that geared one for a traditional IT job waned. Similarly, employment opportunities in other engineering disciplines had also thinned—somewhat compensated by IT till a few years ago—except for a few core disciplines like mining/metallurgy, civil, mechanical, etc. However, engineering education has been hit the hardest by lax quality-checks even as engineering institutes proliferated. As a result, recruiters have gotten very selective over the last couple of years—the IT boom had meant the exact opposite. Various studies finding a large chunk of engineering students unemployable—the oft-cited Aspiring Minds study found 80% of 150,000 engineering students across 650 engineering institutions unfit for engineering jobs—has only highlighted the problem, making recruiters even more cautious about quality. Most of the blame for this lies at the door of the technical education regulator, AICTE. The AICTE has been more than generous with granting approval even as it has turned a blind-eye to the infrastructure and instruction quality at the institutions it approved. Many well-meaning experts have suggested putting a moratorium on AICTE approvals for some years. However, that is no solution because such a move will also choke off creation of educational infrastructure in a country that is looking to improve its gross enrolment ratio in the tertiary education age population. Instead, setting strict standards of quality for approval and cancelling the approval of existing institutions that fail to meet these—perhaps through a new regulatory framework—works better. – Courtesy
The Economic Times | Rica Bhattacharyya | Varuni Khosla | ET Bureau| Dec 07, 2017 |
A final year student of economics at Delhi’s Lady Shri Ram College for Women (LSR) has bagged a salary offer of close to Rs 38 lakh a year in a robust placement season that has seen recruiters loosen their purse strings to scoop up some undergraduates at higher than average packages offered at some of the elite engineering or business schools. The highest offer to the LSR student for an overseas role in the first round of placements this year, which tops last year’s best offer of Rs 34 lakh at the college, was made by Bank of America Merrill Lynch, people aware of the matter told ET on condition of anonymity. A spokesperson from the bank refused to comment. At St Stephen’s College this year, the highest offer so far has been of Rs 20 lakh from Boston Consulting Group, which has offered a similar package to an SRCC student, both for domestic roles. Such offers are higher than the average salary offers of Rs 10-15 lakh per annum for fresh graduates at the premier IITs. Postgraduate MBA students at the likes of IIM Indore and IIM Kozhikode get average salary offers of Rs 16-17 lakh.
A student at Delhi’s St Stephen’s College had last year got an even higher top salary offer of Rs 40 lakh from management consultancy Arthur D Little Middle East, but this year average salaries have soared up to 50% in leading colleges, making this a significantly better placement season. Average salaries have risen in colleges including Hindu College, Shri Ram College of Commerce (SRCC), St Xavier’s College in Mumbai and Loyola College in Chennai, according to placement officials. The number of offers has risen as well this year in the season that began in August at some colleges and will run intermittently till the end of the session next year, they said. “This year the number of students every company is hiring is much more,” said Soni George, placement convener at St Xavier’s College, Mumbai, without disclosing exact numbers. Saurabh Chhabra, co-president of the placement cell at Hindu College, said the college has already met more than half its target for this year.
“Students of the current batch have been placed faster than ever in the history of our placement cell. Till date, we have striven hard to achieve 64% placements. But this year we are highly confident about achieving the target of 95% placement rate,” said Chhabra. The college has so far placed 47 students, up 33% from last year, he said. Professional services firm Deloitte, the top recruiter at SRCC with 39 offers for domestic roles, cited value in hiring fresh graduates as the reason for the high number of offers. “We see great value in hiring undergraduates. Globally, our model is to hire them as analysts and then based on merit and performance transition them into consultant role within a couple of years,” said Debabrat Mishra, partner consulting, Deloitte. “They are far more open to learning and working hard, and they do not see any work beneath them, unlike B-school grads. For us, this pool will expand.” According to placement officials, average salaries are lower at these colleges than engineering or business schools because humanities students included in the placements generally get lower offers. “The market this year is a little better despite the general muted economic sentiment,” said Soni George of St Xavier’s College, Mumbai. “When business is going through a crisis they need consulting companies and that might explain the spurt in demand for people from these firms.” At SRCC, 97 of the 450 students who registered for recruitments, received job offers in the first round that concluded recently. “Maximum number of students have shown a keen interest in consulting and investment banking profiles,” said Smita Sharma, associate professor and placement convener at SRCC. At LSR, 54 students have got offers so far, according to the people cited earlier, while 23 of the 90 interested students at St Stephen’s College have been placed. Loyola College is close to the half-way mark, having placed 74 out of 150 students who registered for placement. – Courtesy
The Hindu Business Line | New Delhi, 07 November 2017 | PTI |
BT Online | New Delhi | November 6, 2017 |
Although a lot of Indian engineers and IT professionals are recruited in the biggest companies, not all of them come to the country for placements. For instance, Apple. Breaking from that pattern, the tech giant is set to come to an Indian engineering college for the first time. Apple will be coming to International Institute of Information Technology, Hyderabad (IIIT-H) for recruitments. A report in Times of India mentions that TV Devi Prasad, head of placements said that as of now, they are not sure what kind of profiles Apple Inc will be offering them. He further added that this will enable the students to showcase their skills before the firm.
“The requirement for hardware engineers is high this year with many companies looking forward to hiring students with knowledge in application-specific integrated circuit and design verification. There is also high demand for students who have knowledge into 2D-3D graphic in mobile communication,” said Prasad. According to reports, 350 students across BTech, MTech and MSc research have registered for the placement drive. Not only Apple, Microsoft, Google and Philips have also registered with IIIT-H for placements. The placement drive will take place in December. – Courtesy
Economic Times | Brinda Dasgupta | ET Bureau| Oct 27, 2017 |
The upcoming placement season may be muted compared to last year’s recruitment drive, but engineering graduates still have reason to cheer. Startups across sectors are heading to the Indian Institutes of Technology and other engineering colleges to pick the best and brightest of talent. Up for grabs are roles of data analyst, AI engineer, user-experience engineer, mobile software developer and augmented reality engineer, with annual pay of Rs 9-16 lakh. Paytm, Exotel, Pepperfry, Voonik, Go-Jek and Razorpay are looking to cherry-pick talent from among 10,000-plus students graduating in 2018 from IITs and thousands more from other engineering colleges. New-age companies are focussing on expanding their technology teams and roles in data science and machine learning are commanding premium salaries, said Rohit Chokhani, principal founder at Mumbaibased early-stage venture capital firm White Unicorn Ventures.
“In the last year, the 21companies in our portfolio hired more than 200 in technology roles and this year we’re expecting at least a 30% increase over that. Across the startup ecosystem, technology hiring may grow by at least 15%.” Go-Jek, the Indonesian hyperlocal transport, logistics and payments startup, plans to hire about 30 techies for its India development centre. Freshers will be put through a two-month boot camp on coding, DevOps, design and user experience, followed by 10 months of rigorous mentoring by senior developers, said Sidu Ponnappa, director of Go-Jek. They can expect packages upwards of Rs 16 lakh. Paytm, an e-payment and ecommerce platform, has already made 25-30 offers across the National Institutes of Technology and other regional engineering colleges, said Manav Jain, associate vice-president of the Noida-based company. “Those with strong coding skills irrespective of programming language, strength in data structures, algorithms and problem-solving skills will be preferred,” said Jain. The company is looking to fill software development, machine learning and data science roles. Paytm piloted an internship programme at five engineering campuses this year. These interns will complete part of their curriculum at the company by working on live projects and will be mentored by senior colleagues. They will be offered the option of coming on board on a full-time basis.
‘MID-SIZED STARTUPS BEST OPTION’
In the current scenario, mid-sized startups are the best option for a fresher, according to Siddharth Ramesh, chief technology officer at cloud telephony company Exotel. “They have none of the elaborate processes of large corporates that sometimes hinder learning and none of the chaos of small startups where things are constantly changing,” Ramesh said. Big data is also an area in vogue, with not just Paytm but Razorpay also looking to ramp up this profile. “We will hire 30-odd people to work not just on big data, artificial intelligence and mobile software development, but also front-end and back-end development,” said Anuradha Bharat, head of people operations at Razorpay. Salaries are expected to range from Rs 15 lakh to Rs 25 lakh, a 30% increase from last year. Exotel plans to hire at least 10 graduates for its software engineering and site reliability engineering teams.
While skill sets are not paramount, what is more important is the ability to keep abreast of changing trends and the ability to use multiple technologies simultaneously, said Ramesh. “Those with the capability to take complete ownership — from writing and monitoring code to deploying it into production systems — will be preferred,” he told ET. At fashion technology startup Voonik, almost 25 posts in software development, DevOps and data analysis will be filled. A new role that the company is introducing this year is that of a business analyst, meant for engineers who are good with numbers but not keen on coding, said Sameer Nandan, head of HR. Techies can expect salaries starting at Rs 9 lakh and going up to Rs 16 lakh. Mumbai-based Pepperfry will be hunting for techies who can work on bolstering augmented and virtual reality offerings. The Mumbai-based startup will also hire freshers to work in core Java, machine learning and big data, Deepak Sharma, head of product development, told ET. The 100-strong technology team will be ramped up with a few dozen new members.- Courtesy
The Hindu | Chennai , October 14, 2017 |
HC poses questions to six IT firms
The Madras High Court has called for details regarding placements in engineering colleges after suspecting that most campus interviews were conducted only with the aim of boosting the image of the colleges and gaining more admissions than getting the students placed in good companies. Passing interim orders in a related case, Justice N. Kirubakaran said: “This court cannot ignore the serious allegations of certain corrupt practices against some of the private colleges and companies and this court is of the view that a mechanism should be evolved even for conducting campus interviews for recruitment.” He later posed a set of seven questions to top six IT firms in the country and sought their reply by October 23. The questions thrown to them were: “How many campus interviews had been conducted from 2010 to 2017 in various engineering colleges in Tamil Nadu? How many colleges and what are the names of the colleges which were chosen for holding campus interviews by the private respondents? What is the yardstick followed by the private respondents while selecting the colleges for conducting such campus interviews?
“How many students have been selected in such campus interviews conducted from the year 2010 to 2017 and the list of those students? (year wise, college wise and company wise particulars to be furnished). Out of selected candidates, how many of them have been given placement orders? (year wise, college wise and company wise particulars to be furnished). “Is it a fact that certain colleges are chosen for campus interviews only to boost the image of the concerned college and for admitting more students, as more than 500 colleges are located within Tamil Nadu? Whether Anna University is aware of this kind of allegations made against the multi national companies and the engineering colleges?” The judge also directed National Association of Software and Services Companies (Nasscom) to file a report from 2010 to 2017 on surveys conducted by it about the employability of engineering graduates and the opportunities available for them. – Courtesy
India Education Diary | September 14, 2017 |
Delhi: All India Council of Technical Education, under which more than 10,300 technical institutions & about 80 Lac students are regulated, today signed an MOU with Youth4work.com, a leading assessment and Skill profiling portal in India which has over 21 Lac Youth across India tested and profiled for their skills. The aim of the MOU is to get all students under AICTE to get access to Youth4work’s Skill based test online for Building their skill profiles and get Internship & Job opportunities. All AICTE approved institutes & students studying in 1st years to Final year will benefit from this collaboration. Dr. Anil Sahasrabudhe, Chairman of AICTE says, “The need of imparting right skills for institutes and finding the right person with skills for employers is one of the key challenges that India faces in this era. The platform with its unique way of skill based testing & profiling technology for youth is a powerful way to address this need.” “Now all Students can give an online talent test on Youth4work, which builds their online skill profile and enables thousands of employers to find and contact them based on the skills for the internships and Jobs that they have. We encourage all institutes and students across India to build their profiles and showcase the skills directly to the recruiters associated with us.
Rachit Jain, CEO of Youth4work says, “Being an engineer myself, I really believe that there is no dearth of Skills in Indian Institutes, The challenge for every student in India is to identify his/her own talent and showcase it in front of the world. India has 16 Lac technical students graduating every year, which is more than population of most cities across the world. The problem that companies are facing today is to find the right person for the right job with the right skill set and that’s what Youth4work is trying to do by showcasing the uniqueness and skills in front of employers” “We believe that every person is unique and employable. Our technology and assessments allows students to give any of the 500+ skill test that we have online and get ranked. More than 20 Lac youth globally have built their profile and over 12,000 employers use our platform. With this tie-up we aim to profile 10 Million Youth across India in the next 18 months” With governments initiative like Digital India, Startup India and Skill India and the focus of AICTE on Providing Skill based outcomes and trying to improve quality of education, this is an interesting development which has powerful use of tech that allow Millions of Youth in India to be publically profiled, searchable & contactable for their skills. It provides a platform to the students across the nation even from remote towns to showcase themselves. Hopefully we will see extensive participation from all institutes under AICTE in this. –
Courtesy / https://www.youth4work.com/ – Youth4work – Competitive Exam Preparation, learning new skills, talent assessment and getting a job has become much easier! Click hereto download the mobile app – Android : https://play.google.com/store/apps/dev?id=4804375862035154346&hl=en – Ios: https://itunes.apple.com/us/developer/youth4work/id1032749142