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Only 10% fresh graduates and 25% MBA passouts are employable, says Tiss study

The survey also says that only 10% of fresh graduates are actually employable,while a study of MBA and engineering graduates reveals only 25% of them to be employable.

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A recent study by the Tata Institute of Social Sciences (Tiss) states that a majority of the students pursuing higher education like engineering, management, etc. are not industry-ready. In other words, our education system, including  professional courses, is not producing employable students.

The survey also says that only 10% of fresh graduates are actually employable,while a study of MBA and engineering graduates reveals only 25% of them to be employable.

The survey tried to find out the percentage of candidates who will be employable in service-oriented companies if they were directly put on projects without any in-house training. In case of the IT industry, for instance, the figure is 5.97%. “If the country has to maintain its competitive advantage, the educational institutions need to provide education that will impart job-relevant skills,” affirms the survey.

This requires substantial intervention on the part of higher education institutions. The survey points out that the lack of soft skills and confidence affects the employability factor of students passing out of colleges or B-schools. “There are some basic elements which are found missing in these graduates. These include soft skills like attitude, business ethics, confidence, communication skills, general awareness, basic managerial skills, domain knowledge and work experience,” said Kishore B, who spearheaded the study.

To solve this problem, educational institutions and the students should set their eyes on the really “employable” courses. He further found out that a majority of the applicants who were hired were those with previous work experience. Fresh graduates were left out because they lacked the right qualifications.

The survey suggests exposure to the industry as the best way to impart the skills needed on the job.

“The faculty at colleges has limited quality industry experience,” said Kishore. “The best practice may be to get significant bits of training, at least 25%, to be delivered by actual industry experts,” he added.

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