No significant improvement in employability of Indian engineers in the last seven years, huge gap in new-age skills
New Delhi, 13 Mar, 2018: The employability of Indian engineers continues to be painfully low with over 80% engineers unemployable for any job in the knowledge economy, reveals Aspiring Minds’ National Employability Report. The first large scale study on employability was done in 2010 and the ‘stubborn unemployability’ numbers seem to have held ground since the last 7 years. The current report is based on research conducted by Aspiring Minds more than 170,000 Indian engineering students, 40,000+ and 30,000+ jobseekers in US and China.
According to the report, only 3.84% of engineers have the technical, cognitive and language skills required for software related job in start-ups. Additionally, a mere 3% engineers have new-age technological skills in areas like AI, Machine Learning, Data Science and Mobile Development. On aggregate, the employability for new-age jobs is on average 1.7%.
Speaking on the findings, Varun Aggarwal, co-founder and CTO of Aspiring Minds said “For India to continue to be globally competitive and keep up its growth story, we need our young graduates have new-age skills in AI, data, mobile and cloud. We find as low as 3% engineers have these skills. This is a situation which needs to be immediately remedied both for India’s industry and our relevance to the world at large.”
US triumphs with a much higher proportion of engineers, almost four times as India, who know how to code. Around18.8% engineers applying for IT jobs in the US can write correct code, while only 4.7% can do so in India. Whereas Indian engineers show better potential than Chinese students in writing correct code, a much higher proportion of Indian engineers, around 3 times, write code that do not even compile.
The report for the first time goes into quantifying the reasons for low employability. Only 40% of engineering graduates end up doing an internship and 36% do any projects beyond coursework. Only 47% engineers attended any industry talks, 60% faculty doesn’t talk about industry application of concepts. This makes the engineering discipline in India very theoretical. A mere 7% of the candidate pool did multiple internships.
“Engineers learn by doing and not reading. We find that a low proportion of engineers take up projects beyond curriculum and do internships. Further, there is lack of faculty talking about industry application of concepts in class or students getting exposure through industry talks. These need to be remedied by aligning incentives of all stakeholders, building capacity and gamification. For instance, one may link up provision of internships with CSR initiatives and government companies may be mandated to take up interns on a large scale. ” added Varun.
Aspiring Mind’s National Employability Report is the gold-standard in tracking quality of Higher Education in India, since it was first launched in 2010. NER-2019 is based on the study of data collated from the 3 million annual AMCAT assessments that we conduct globally. The report follows the highest standards of scientific methods, research and analysis to provide a credible data-based understanding of India’s higher education and employability ecosystem.
About Aspiring Minds:
Aspiring Minds is a global leader in job skills assessments and credentialing. We envision a merit-driven talent ecosystem enabled by efficient job skills matching enabled with reliable and intelligent assessments. Powered by machine learning, AI, psychometry and statistics, our state-of-the-art assessment tools are used by companies across a wide variety of industries to help them recruit the right people, develop requisite skills benchmarks, and to assess workforce health.
Pioneering large scale credentialing analogous to a GRE-for-employment concept, Aspiring Minds’ flagship product AMCAT is the most popular employability test in the world today. AMCAT helps over 3 million candidates find the ‘right’ jobs every year. Backed by our proprietary adaptive assessment technology and machine learning algorithms – AMCAT provides adaptive, standardized and reliable measurements of generic employability skills (language, cognitive, behavioral) and a wide range of functional skills for a wide variety of jobs.
Aspiring Minds helps companies dramatically improve their recruitment efficiency. We are presently associated with more than 3000 corporations in sectors ranging from Banking & Financial Services, Technology, Business Services, Pharmaceuticals, Hospitality, and Retail. We also work with job seekers to help them evaluate their professional skills, earn industry recognized credentials and find appropriate career opportunities.
Aspiring Minds is a 500+ people strong organization with offices in the US, China, India, Middle East, Tanzania, Bangladesh, the Philippines and Sub-Saharan Africa. Our client list includes Amazon, Baidu, ZTE, Sapient, GE, Genpact, Bank of America, Wipro, CITI, Axis Bank, Wipro, Suzuki, Tata Motors, Daimler, HDFC Bank, Microsoft, DUPONT, Hyundai, Deloitte, and many more.