As per the new Annual Employability Survey 2019 by Aspiring Minds, the general quality of India’s engineering graduates is exactly where it was a decade ago, with next-gen technology skills like AI and Data Sciences still a distant dream.
Some even think if it made sense for them to pursue engineering as a career track at all!!
Below are some interesting findings from the survey:
- 80% of Indian engineers are not fit for any job in the knowledge economy.
- Good coding skills (the ability to write functionally correct code) are possessed by only 4.6% of Indian job applicants.
- A far higher number of American candidates (18.8%) can write correct codes.
- “Engineering education is mainly theory-based. Only 40% of students perform internships while only 36% undertake projects beyond their required coursework.”
“Students are trapped in a college bubble. They have little industry exposure. Only 47% of students attend industry talks. 60% of faculty do not discuss how engineering concepts apply to the industry.”
Need of the Hour: Bridge the Gap between what Academia provides and what Industry expects
Talent-as-a-Service offering from Netlabs has been conceptualized and proven itself to be a very successful and end-to-end model to address this burning issue of employability, especially technology skills.
It is not like another Finishing School!!
Rather it’s a Stairway to Success, with following steps:
Step 1: Getting prospective clients mandate of fresher hiring requirements
Step 2: Sourcing of candidates from engg. campuses across India
Step 3: Talent Assessment as per proprietary framework
Step 4: Competency Development (as per client mandates) leveraging Netlabs homegrown LMS, 1200+ hours of content, DataCenter, Training Labs, etc.
Step 5: Netlabs L0 assessment
Step 6: Talent Incubation – L0 program
Step 7: Netlabs Final Assessment & Certification
Step 8: Client Selection & Onboarding