Considering Engineering? These Sectors Have Better Job Prospect
There is a lot more happening around the word ‘engineers’ and their employment is creating a fuss across the country. This can solely be attributed to the fact that India produces the largest pool of engineers in the world.
There is no denying that it has been one of the most productive sectors in the job industry for over a decade but that is a thing of the past and it is moving towards a saturation point. Once a lucrative sector, now it has become so over crowded that there exists a gap in demand and supply.
The frenzy brought business people to bring in more seats and cashing-in on the opportunity to accommodate the demand bringing along a steep decline in the quality of education.
The unemployment has forced many employees to take up other jobs. It is high time that engineers re-skill themselves to meet the industry demands and also start looking towards other booming sectors. BFSI, e-commerce, retail and healthcare are the top sectors that are on the rise and might land you a job.
The technology has advanced but the decreasing education quality is leading us nowhere. Indian engineers are not up to the mark and when given two problems to solve, barely 14 per cent candidates are able to write codes for both and only 22 per cent are able to solve one of the two problems.
That is the quality we have and such unemployment issues are bound to come up. The large manpower has worked in the favour of companies who are getting their work done at a minimal cost without caring about the employees quitting their job.
Statistics say around 80 per cent of the new engineers are unemployable. The opportunities are shrinking because of the overall slowdown in the sector as well as the quality of employees who lack the skills to compete.
The future looks bleak and ‘Engineering’ is relying only on its brand equity created over the years, rather than results to show. Engineering seems to have lost its credibility and even tougher tough times behold the future.
