A recent report has raised concerns among the youth. It reveals that 60 percent of graduates are unable to secure a salary of even ₹5 lakh after completing their studies.
There was a time when a good college degree was considered a near-guarantee of a good job and a handsome salary. However, the situation appears to be changing. The new report indicates that merely obtaining a degree is no longer a guarantee of success. Today, companies prioritize skills and the ability to perform over academic marksheets.
Most students enroll in college dreaming of a bright future and high earnings. A large number of them expect to earn more than ₹5 lakh annually, yet the reality is that approximately 60 percent of graduates fail to reach this figure. This clearly shows that the job market has become increasingly competitive.
For years, degrees like Engineering and MBA were seen as guarantees of good employment. Now, however, companies do not recruit based solely on degrees. Many MBA and engineering graduates are failing to secure the salary packages they expected, largely due to evolving industry requirements.
Students of the new generation are no longer focused solely on high salaries. Many are willing to accept lower initial packages in exchange for opportunities that offer greater scope for learning and professional growth. Young people are beginning to realize that their first job lays the foundation for a long-term career.
The use of Artificial Intelligence is rapidly growing among college students. They are utilizing AI tools to draft resumes, prepare for interviews, and gather information about companies. Understanding technology is shifting from being an added advantage to becoming a necessity for securing employment.
Today, companies are seeking candidates with practical work capabilities. Skills such as AI, machine learning, data analytics, cloud computing, and cybersecurity are in high demand. Alongside these, communication skills, problem-solving abilities, and an aptitude for continuous learning have also become crucial. A degree alone will no longer suffice; students must continuously acquire new skills and keep themselves updated with evolving technology. In today's job market, those who are willing to learn and adapt are the ones who get ahead.
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