Employability & Indian B-School – The Future

Demonetization, GST, global political twists – last year was marked with major changes all over the world. But the Indian economy refuses to budge and things are looking bright for the industry. And that means good news for management graduates in the country. It’s clearly reflected in the LinkedIn Global Recruiting Trends 2017, which reveals that hiring volume in India will grow by a whopping 67%.

Indian Government’s flagship program ‘Make In India’ and greater influence of Foreign Direct Investment has ensured a growth across the board in different industry sectors. Indian retail sector is expected to double by 2020 and reach the magic USD 1 Trillion figure. E-commerce market on the other hand will grow almost 50 times in the same period and reach $100 billion mark. Things are definitely looking exciting for companies, big and small.

With rapid growth predicted in the near future, the industry is going to need well trained professionals to take on various corporate responsibilities. The same survey states that more than 60% companies will hire for middle management positions in the country. While MBA has been a much sought after career path for aspirants from different streams, now is probably one of the best times to make your dreams come true and climb up the ladder of corporate success.

Here’s looking at some of the most positive recruitment trends for management graduates.

Finance: Show me the money

A report by India Today suggests that the finance service sector will see substantial growth this year. That will lead to a three to four times surge in recruitment in the sector. One of the reasons for it is the fact that demonetization has led to an increase in Fin-tech and mobile banking services. As a fresh Finance management graduate you can look forward to middle management roles in digital banking, as a part of research teams along with the traditional job profiles.

Human Resources and Organizational Behavior

According to a recent study, in house HR professionals will be sought after in 2017. Indian organizations that have traditionally run their businesses without HR professionals will also look to institutionalize HR functions. With the market growing more than 65% candidates specializing in the field are being interviewed by at least two recruiters simultaneously. Management graduates can look forward to new specialized roles in HR and OB.

Be prepared for the exciting career prospects

With new and better career opportunities presenting themselves to management graduates, it is up to you to enhance your skill sets and be prepared for global challenges. The transformational journey begins with a B School like SKIPS, Ahmadabad, which was voted the Fastest Growing B School by Times Of India in 2017. Awarded A Grade in Gujarat by CARE Ratings, SKIPS is gradually evolving as one of the leading PGDM schools in the country for excellent faculty and its rigorous curriculum.

SKIPS, Ahmadabad remains committed to producing global managers suited for today’s International Business environment. From offering multiple industry relevant certifications to preparing students through Employability Enhancement Programs, SKIPS Ahmedabad is gradually shifting towards bringing paradigm changes in the way Management education is delivered in India today. The school’s industry interfaces are highly pertinent for young dynamic managers today and the faculty creates a web of ideas amidst which students are encouraged to think, question, analyse and innovate.

If B-schools focus in taking these small-big steps towards training young managers of the 21st century, the country can explore the growing possibilities for management graduates to the fullest.

ABOUT THE AUTHOR

Dr. Ram Kumar Balyan, Director, St. Kabir Institute of Professional Studies has been an ex-president of NHRD and has spent 25+ years in academics. He has authored 5 books in HRM and has been instrumental behind mentoring a number of Indian management students and successful industry professionals. Currently, he is the director of SKIPS, Ahmedabad, an AICTE approved PGDM school of Ahmedabad and sits on the advisory panel of various universities.

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