Colleges

Every year, India witnesses the emergence of millions of engineering and management graduates who aspire to secure a well-paid job. However, only a handful of these graduates manage to get decent jobs. The rest, which is an overwhelming percentage, either suffer the fate of unemployment or end up doing jobs that are not even remotely related to their educational qualifications.

Stats

• According to the Higher Education report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Ernst and Young (EY) & report by employability assessment company Aspiring Minds. 80% of engineering graduates in India are unemployable.
• Nearly 27% of the MBA and 50% B.Tech graduates fail to pass aptitudes and interviews. Industry leaders have also mentioned their difficulty in finding skilled talents among fresh graduates and how they eventually end up hiring people they need to spend resources in training again simply to meet the industry requirements.
• Out of 3 lakh students graduating every year from B-schools only 35% of them are getting jobs.
• According to data insights from Skill Survey, 77% of employers believe that soft skills are as important as hard skills and 67% of HR managers will hire candidates with strong soft skills even if their hard skills are weak.
• As per a Bridge Labz survey, 90% of engineering job seekers feel that apart from domain knowledge, one must have soft skills such as business communication to get jobs.