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Employability

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Published in: HR/Personnel
4,162 Views

This ppt tries to open the mind of the prospective MBA on what are expectations from MBAs / potential candidates from employers and the huge gap that exists in terms of employability of graduates and what MBAs need to do to fill the gap

Kooveli M / Bangalore

6 years of teaching experience

Qualification: B.E. (NITK) fellow IIM Bangalore

Teaches: SAP Training, Business Mathematics, Business Organisation, Business Studies, Statistics, Corporate Communication, Effective Communication, Public Speaking, Spoken English, BBA Subjects, Management Subjects

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  1. A typical employment ad theAirbusway? to enable our vision and sü•ategy. .. one global company culture. Objective: To be a fdly integrated company where all öeople share corru-rnn values, behaviot.rs and waysof working. Act with courage Büld, understmd, the long term • Take fair and decisions in a and inspimg way, fre interest of Airbus and take and check actions aligned to vsion. responsibility for their consequenæs. md S.'IART Practice teamwork and global integration Face reality and act with integrity Drive innovation and deliver reliably Develop myself and others Generate customer value
  2. Data / findings source National Employability Study by Aspiring Minds: AMCAT scores of more than 120,000 technical graduates engineering and MCA students (in final year) across the country, in more than 20 states. AMCAT covers all objective parameters for adjudging employability in the IT/lTeS sector including English Communication, Quantitative skills, problem-solving skills and Computer Science and Programming skills. Employability figures are based on actual hiring benchmarks on AMCAT (Computer Adaptive Test) scores set by multiple companies in IT/lTeS related sectors.
  3. Employability Delhi Bihar+Jhark.. Uttarakhand West Bengal Punjab Gujarat Haryana Rajasthan Uttar Pradesh Kerala Madhya.. Orissa Karnataka Maharashtra Chhattisearh Andhra. Tamil Nadu O O
  4. Correlation bet. Employability and No of colleges in state 45 40 35 30 23 20 15 10 1.5 2.5 Numerof Colleges in State (log)
  5. Employability in IT product companies IT Product States
  6. Employability in BPO BPO — 40100 30*00 20.00 10*00 0,00 States
  7. Employability in KPO companies KPO 30.00 20.00 10.00 0.00 States
  8. Employability across metros so .00 smoo 40,00 30.00 20.00 0.00 *Oelhi Kol let? *Mumbii+Puj'é "Chennäi {Inc. Thiruv:llur) 39.78 25.30 1 sm79 16.52 16.12 IT Prod uct 10.91 4.51 2.33 1.70 1.17 0.53 epo 54178 47.31 KPO 8.62 8.28 7.45 3.40 Software Te sting 20.10 5.01 H7fdW7f* Uetwocki n g 36.59
  9. 21% MBAs employable Aug 2012 fall from 25% in 2007 (Meritrac)
  10. Employability? A set of attributes, skills, knowledge that all labour market participants should possess to ensure they have the capability of being effective in the workplace — to the benefit of themselves, their employer and the wider economy ' Employability skills are nontechnical skills which play a significant part in contributing to an individual's effective and successful participation in the work place — referred to as soft skills, generic skills, enabling skills or key competencies ' Employability is the perceived suitability for employment of a potential candidate by a prospective employer.
  11. Employability issues WEF report — India to face huge skill gaps due to low employability (March 23, 2010) ' Purple leap study on employability skill index only 7% employable — survey of 95 colleges across India, 36% fail on all skills - communication, problem solving, technical skills ' College shakeout overdue, important, Tol Jul 7, 2013 ' Repricing has begun; capitation fees have almost vanished and annual fees are down. The race for quality is evident in faculty salaries and focus on learning outcomes, campus placement outside the top 20 colleges is 10% - Assocham -
  12. What employers want Important factors considered when Exhibit 1: recruiting graduates (%) Employability skills (e teamworklng, problem solving e ) 78 Positive a itude Relevant work experie ce/industhal placem nt Degree subject 28 Degree resdlt (1st, 2:1, 2:2 etc) University ttended Foreign language caæbility 10 20 30 41 40 54 50 60 72 70
  13. Skill demand supply gap Exhibit 2: The level to which graduates are equipped with employability skills (%) 49 IT skills 30 Application of numeracy 19 Teamw rking 16 Proble solving 31 Commu ication nd litera y 14 Self-managemen Business/customer awareness 73 56 o 10 20 30 40 60 66 80 62 90 49 2 10 11 13 20 35 100 50 Not satisfied 70 Very satisfied
  14. 0 0 0 0 0 0 0 0 Key employability skills (AU) communication skills teamwork skills problem-solving skills initiative and enterprise skills planning and organising skills self-management skills learning skills technology skills
  15. Top employability skills - UK 1. Honesty and integrity; 2. Basic literacy skills; 3. Basic oral communication skills (e.g. telephone skills); 4. Reliability; 5. Being hardworking and having a good work ethic; 6. Numeracy skills; 7. A positive, 'can do' attitude; 8. Punctuality; 9. The ability to meet deadlines; and 10. Team working and co-operation skills
  16. British Council Skills for Employment (Employability Skills) Soft skills are personal attributes that enhance an individual's interactions, job performance and career prospects. Unlike hard skills, which are about a person's skills set and ability (technical knowledge and competency) personality traits, social graces, communication, language, personal habits Graduates, however well qualified, need to be able to demonstrate a set of soft skills. Hard skills will get you an interview but it's soft skills that get you a job.
  17. WB survey 2011, 200 orgns Skills under Four Factors - Specific Skills ' Database knowledge Spreadsheet knowledge ' Word processing knowledge - FICCI Ability to adapt to changing technology Technical skills Mathematical skills
  18. WB survey 2011 200 orgns Core Skills Self confidence Critical thinking Creative thinking Interpersonal skills Leadership skills Experience with real world problems - FICCI
  19. WB survey 2011 200 orgns Personal Characteristics ' Business ethics ' Professionalism Communication Skills Listening skills ' Speaking skills Written communication - FICCI
  20. WB survey 2011 200 orgnso - FICCI Work Ethics under Four Factors - Factor 1: Interpersonal Skills Courteous — friendly — cheerful — considerate — pleasant — cooperative — helpful — likeable — devoted — loyal well groomed patient appreciative — hard working modest emotionally stable — stubborn
  21. WB survey 2011 Factor 2: Initiative perceptive productive resourceful initiating ambitious efficient effective enthusiastic dedicated persistent accurate conscientious — independent adaptable persevering orderly 200 orgns - FICCI
  22. WB survey 2011 200 orgns Factor 3 dependable — following directions — following regulations — dependable — reliable — careful — honest — punctual - FICCI
  23. WB survey 2011 200 orgns Factor 4 reversed items — hostile — rude — selfish — devious — irresponsible — careless — negligent — depressed — tardy — apathetic - FICCI
  24. WB survey 2011 200 orgnso - FICCI Skills grouped into Three Factors - Factor 1 - (Core Employability Skills) Integrity Self-discipline Reliability Self-motivated Entrepreneurship Skills Teamwork Understands and takes directions for work assignments Willingness to learn Flexibility Empathy
  25. WB survey 2011 200 orgns ' Factor 2- (Professional Skills) - FICCI — Identify, formulate, solve technical/engineering problems — Design system, component, process to meet desired needs — Use appropriate/modern tools, equipment, technologies — Apply knowledge of mathematics, science, engineering — Customer Service Skills — Knowledge of contemporary issues — Creativity
  26. WB survey 2011 200 orgns ' Factor 3 - (Communication Skills) — Written communication - FICCI — Design & conduct experiments, analyze ,interpret data — Reading — Communication in English —Technical Skills — Verbal communication — Basic computer — Advanced computer

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