Out of more than 6,00,000 engineers being pumped into the economy each year, only a handful (18.43%) are ready to be deployed as Software Engineers in the IT Services industry. And the number drops to as low as 3.21% for IT product roles. The figures come from the latest edition of National Employability Report , Engineers,2014 by Aspiring Minds. Disturbing as it may sound, but these numbers are a reflection of the present state of employability in the country. Why does this wide a gap exist between the number of engineers produced and the number that can be readily deployed in jobs? Where does this supply chain break?
India has done a great job in terms of creating capacity - sheer quantity of educational institutions. However the increasing quantity of institutions seemed to be inversely affecting the average quality of education being imparted. It is imperative that the education system takes a fresh look on the situation to understand how and what changes can be done to ensure that the employability of graduates passing out each year is increased.
The onus is on the education system to develop curriculum that is focused on imparting skills that are relevant to the industry. Impetus on the quality of teaching that is imparted and an overall sincerity from the institutions is very essential. However the motivation for change needs to trickle down to the level of institutions and individuals as well. Seriousness about education and sincerity in working towards getting a job should come in students at an early stage and not when they are at the brim.
It is mostly seen that students get to realize that they are unemployable only in the final year of college. It is when they gear up to look outside into the job space that they realize what skills they have been lacking; skills imperative for getting a job. And by the time they sit to brush and polish their employability skills, unemployment settles in the system.
Employability assessments can play a big role in this for they help both institutions and their students understand and evaluate their job readiness and work constructively to fix the lean points. The Aspiring Minds AMCAT - four year program is designed in a way that exactly bridges this gap. A student who takes the assessment in the first year of college gets to evaluate his employability in detail. He gets a directional feedback on the type of jobs he/she would do good in and also realizes his/her strengths and weaknesses and can immediately get into action to acquire the missing skills. By the time he/she reaches the final year of college when doors are about to open to the job world, they are equipped with the right skill set and are job ready.
Conclusion: India's youth is very aspirational. It is on the system - parents, mentors, institutions, government to inspire and lead them directionally in rising up the employability pyramid. Appropriately structured mechanisms are needed at all levels to impart skills which will make India's demography more employable.