Around the world, students are increasingly pondering the returns on a degree versus the cost. Higher education has often sparked controversy globally, including in the US, where for-profit institutions have faced government investigations. These ratios are pretty evident in showing that for the majority of the students these top colleges are only a far fetched dream. “We do know, however, that the emphasis has been on meeting targets and pushing people through the programme, with no clarity on them securing jobs or gaining employable skills,” says Basole of the Centre for Sustainable Employment.
PM Modi had vowed to create millions of jobs in his campaign speeches, and the issue is likely to be hotly debated in the run up to national elections in 2024. It has the world’s largest population by some estimates, and the government regularly highlights the benefits of having more young people than any other country. Yet half of all graduates in India are unemployable in the future due to problems in the education system, according to a study by talent assessment firm Wheebox. For those graduates who decide to take up low-skilled work, the competition can be intense.
Bloomberg’s report on India’s failing education system comes as India is set to overtake China as the world’s most populous country. “If I had received some training and skills in college, my situation would have been different. Now, I feel like I wasted my time,” said Mr Tiwari. Journalism turned out to be the most regretted college degree while computer and information science degrees, and criminology degrees were the most satisfying. The University Grants Commission (UGC) has recently released a list of 21 fake universities operating in various states and union territories across India.
Higher degrees, once accessible only to the wealthy, have a special cachet in India for young people from middle and low-income families. Even though fields like communications and marketing management are growing sectors, both of these come under the top 10 regretted college degrees. This is likely because these are wide fields and those who are satisfied with their jobs would be earning around 1.6 times to 3 times more than the job seekers who are regretting their degrees. Urban spaces are an essential part of economic growth, and there’s a lot that goes into efforts to make them a safe, healthy environment to live in. Naturally, the upkeep and development of urban spaces shouldn’t come at the expense of the interests of the common man or the environment.
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- HMI Darjeeling, JIM Pahalgam, ITBP training Auli, MAS Manali and SGMI, Gangtok, are some of the other universities that provide the same.
- An experienced graduate degree holder earns 16% more than a college graduate, and the unemployment rate is 10% lower.
- “We do face a challenge in hiring as specific skill sets required for the industry are not currently easily available in the market,” said Yeshwinder Patial, director for human resources at MG Motor India.
- Experienced college grads earn an average of $62,000 a year, while experienced graduate degree holders earn $74,000 a year, on average.
- “My father has always told me one thing – whatever you do, do it well and you will be fine,” he said.
The world of tea is a fascinating one, and goes way beyond tea-bags in boxes on supermarket shelves, which is the only encounter most people have. There’s a particular art involved in appreciating good tea, and this art is one that can be learnt, developed and nurtured. It requires you to understand and perceive the quality, give advice on methods of improvement, branding, all of which requires a good knowledge of cultivation and manufacturing. For those with a green thumb, the University of Mumbai offers two courses on gardening – Nursery and Farm House Management, and the Garden Craft course for small and ornamental gardens. While the first course is in Marathi, the second one is available in both Marathi and English.
The Modi administration is also trying to address the shortcomings in the education sector in its 2020 new education policy, committing to improve the quality of its institutions. It’s also begun the process of allowing leading foreign universities to set up campuses and award degrees in the country. STEM jobs are usually the highest-paying and this is the factor that makes job seekers love or regret their college degrees later in life. Degrees in computer science and related fields are high in demand in the digital space and the average salary is pretty high as well. The UGC’s list of fake universities in India highlights institutions that lack official recognition and cannot offer valid degrees. It helps students avoid enrolling in unauthorized and fraudulent universities.
UGC’s List of Fake Universities in India:
Vasantdada Sugar Institute (VSI) is an autonomous body that was established in 1975 by sugarcane growers of cooperative sugar factories in the state of Maharashtra. Under one umbrella, they carry out all scientific, technical and educational functions relevant to the sugar industry, and they also have a Department of Alcohol Technology that has been working towards helping the distillery industry. Their main work involves perfecting the ways in which they can increase the productivity of this industry, mainly by developing and adopting better technology.
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If you’re passionate about food, and live to eat instead of eat to live, food technology is right up your alley. This course that was developed to cater to the need for skilled hands in the nascent industry of food processing. Here, you would analyse the chemical, physical and microbiological makeup of food when it is processed, preserved, packaged and stored so that you can work towards improvising methods to improve quality. Post graduation, the career scope would explore food processing industries, research laboratories, hotels, soft drink factories, quality control, rice mills, manufacturing industries, and even distilleries. One study by the human resource firm SHL found that only 3.8% of engineers have the skills needed to be employed in software-related jobs at start-ups. India’s education industry is projected to hit $225 billion by 2025 from $117 billion in 2020, according to the India Brand Equity Foundation, a government trust.
Chemical Engineering
Poorly-trained teachers, an exam system that rewards rote learning and teaching institutions that don’t meet the needs of industry, are some of the reasons graduates face a skills deficit, says Varun Aggarwal, cofounder of Aspiring Minds. According to a report released this year by the Azim Premji University’s Centre for Sustainable Employment, people with a graduate degree are more than twice as likely to be unemployed than the national average. The findings are based on surveys of 160,000 households across the country. The report also says women are more likely to be unemployed than men. For roughly 50 fields, we calculated how much more money a graduate degree will bring and the difference in unemployment rates for those with a post-college degree.
- Experienced college grads earn an average of $104,000 a year, while experienced graduate degree holders earn $118,000 a year, on average.
- If you’re passionate about food, and live to eat instead of eat to live, food technology is right up your alley.
- Indian society is as complex as it is difficult to fathom, and there are both rural and urban sides of that coin.
- “We do know, however, that the emphasis has been on meeting targets and pushing people through the programme, with no clarity on them securing jobs or gaining employable skills,” says Basole of the Centre for Sustainable Employment.
- Desperate to get ahead, some of these young people are paying for two or three degrees in the hopes of finally landing a job.
- If you are a chemistry buff, but not a huge foodie, fear not, because there are hordes of goods that require alluring fragrances like perfumes, cosmetics and even toothpaste.
EDUCATION
Indian society is as complex as it is difficult to fathom, and there are both rural and urban sides of that coin. To understand the various layers of this country, it’s important to explore the rural side as well, and this course is a really good start. The syllabus covers a range of topics such as animal husbandry, forestry, farm management, child development, agriculture, environment management and, community development. Post the course, the ideal step forward would be to apply for jobs in various government, public and private organizations that work for rural issues, or with an NGO working with similar subjects. And with this being such a crucial subject for Indians to learn about, a lot of different colleges across Gujarat, Rajasthan and Uttar Pradesh offer similar courses as well. An experienced graduate degree holder earns 23% more than a college graduate, and the unemployment rate is 19% higher.
An experienced graduate degree holder earns 31% more than a college graduate, and the unemployment rate is 19% higher. An experienced graduate degree holder earns 21% more than a college graduate, and the unemployment rate is actually 6% higher. An experienced graduate degree holder earns 16% more than a college graduate, and the unemployment rate is 10% lower.
Experienced college grads earn an average of $93,000 a year, while experienced graduate degree holders earn $107,000 a year, on average. The medical school is part of RKDF Group, a well known name in central India, which has wide network of colleges in areas from engineering to medicine and management. In May last year, police in Hyderabad arrested the vice chancellor of RKDF Group’s most useless degree in india Sarvepalli Radhakrishnan University as well as his predecessor for alleged involvement in giving out fake degrees. Still, students could be seen flooding into several of RKDF’s institutions in Bhopal.
One Bhopal resident, 25-year-old Tanmay Mandal, paid $4,000 for his bachelor’s degree in civil engineering. He was convinced the degree was a pathway to a good job and a better lifestyle. He wasn’t deterred by the fees that were high for his family, which has a monthly income of only $420.