Wednesday, June 18, 2008

India Job Market for fresh graduates.

The job market in India is undergoing a phase shift in the current economic times.

You have to look at the broader perspective on the Indian Economy and the job trends in the developed nations to get the big picture on what skills are required today and in future.

In the last decade or so we saw the Technology boom in USA & Europe and this led to a number of IT and Technology jobs in India and this created a service sector. Now with the economy down in USA, there growth has stalled and its impact is reflected in the India IT job market with a number of company experiencing job cuts etc.. The technology sector has matured now and the skills required to fill these jobs are different and more emphasis on the business process / knowledge and communication. Although India produces several hundreds of Engineering in IT and other areas study by several analysts has shown that not all engineering graduates are qualified for the open positions.

OK, on the brighter side, fresh graduate in India should look for openings in other areas like Research, bio-medicine, Financial/ Market Analysts etc.. and with the booming economy of India there will be more opportunities for the qualified in these areas.

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