Brickwork Finance Academy: Bridging Campus To Corporate Gap.
India produces over 3 million graduates and post-graduates every year. A recent NASSCOM study reports that only 25 percent of technical graduates are employable. It is even worse for the regular graduates with only 10 to 15 percent employability. With the manpower requirement for companies growing and the employability of our graduates falling, India might lose the competitive edge that its workforce once commanded worldwide./nSo, what is wrong and how do we go about correcting it? /nSocial scientists and industry practitioners have identified several reasons for this. Non-industry-relevant curriculum of universities, lack of skilled teachers, lack of focus among students, parental pressure, poor communication skills of graduates etc., are understood to be some of the key reasons. Apart from top tier institutes such as IITs, IIMs and a few others, universities barely seem to revise the syllabus and curriculum to meet the industry needs. As a result, a university MBA rank holder might be unemployable in the corporate world. Students who realize this early on make an effort to acquire additional skills from private institutessuch as NIIT and others. But a majority of them face the harsh reality when they begin applying for jobs. /nUn-employability is not an issue that can be tackled by the government alone, though it has a major role to play. Educational institutions have to collaborate with corporates to ensure their graduates can contribute positively at their workplace from early on. This will be an important step in bridging the campus-to-corporate gap.
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