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Major findings of the survey
The report highlights a significant disconnect between academic institutions and industry expectations. Here are the key highlights.
- While 70% of educational institutions assert that their graduates are well-prepared for the workforce, with at least 60% deemed job-ready, only 16% of companies agree that students meet industry standards.
- 71% of students contend that a high CGPA alone is insufficient for securing employment, stressing the need for a stronger focus on technical skills. Despite this, both academia and the industry continue to emphasize only on academic performance.
- 67% of students expressed a desire to become entrepreneurs within the next decade. But only 5% of the surveyed companies indicated a preference for employees with entrepreneurial ambitions, despite promoting intrapreneurial opportunities.
- More than half the companies surveyed anticipate that candidates will possess skills in generative AI during placements.
Broadly speaking, the findings underscore the need for improved academia-corporate partnerships to develop effective job-ready programmes.
Top tips to enhance your employability
Your chances of being hired don’t depend solely on your grades. The evolving job market requires much more from fresh graduates. Here are some essential tips to help you land your dream job at a top organization after graduation.
Upskill with Relevant Certifications
Earning certifications in in-demand fields like AI, data science, or project management can significantly boost your resume. These credentials demonstrate your expertise and willingness to learn, making you more attractive to employers.
Network Strategically
Building a strong professional network can open doors to job opportunities. Attend industry events, connect with peers on LinkedIn, and seek out mentors who can guide your career path. Networking often leads to job referrals and insider information about job openings.
Gain Practical Experience
Internships, freelance work, or volunteering in your field of interest can provide hands-on experience and help build a solid portfolio. Practical experience not only boosts your skills but also demonstrates initiative and a strong work ethic.
Skills that will keep you ahead of the game
In addition to the above-mentioned strategies, consider developing these technical skills to get brownie points from your potential recruiters.
Artificial Intelligence
Artificial Intelligence has penetrated into almost every profession and hence makes it a must-know skill for recent graduates. Learning AI enables students to develop intelligent systems, automate tasks, and innovate in fields like healthcare, finance, and education.
Data Analysis
Data Analysis is an essential skill for making sense of the vast amounts of information generated daily. Students who master data analysis can identify patterns, forecast trends, and make data-driven decisions. This ability to turn raw data into actionable insights gives them a competitive edge in various fields, from business to research.
Cyber Security
A rise in cyber threats has compelled the need for cyber security skills. Learning cybersecurity helps students understand how to protect sensitive data and secure systems from hacking and malware. As cyberattacks become more sophisticated, this skill ensures students are well-equipped to protect both personal and organizational assets in the digital age.
Cloud Computing
Cloud Computing allows businesses and individuals to store and access data from anywhere, making it a cornerstone of modern IT infrastructure. By mastering cloud computing, students can manage scalable solutions, enhance collaboration, and streamline operations in sectors ranging from tech startups to large enterprises.
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