Mr. Sunil Chaturvedi, Director – Pharma Network & Marketing, NMIMS Mumbai on how to fill the gap between education and employability in India
India is a part of two related global crisis: high level of youth unemployment and shortage of people with critical job skills, according to a recent McKinsey Global Study.
To address these, two basics need to be in place – skill development and job creation.
While employers clearly need to work with education providers so that students learn the skills they need, to succeed at work, the government must also have plans to create more job opportunities for the youth.
According to Sunil Chaturvedi, Director – Pharma Network & Marketing, NMIMS Mumbai, “Employers, education providers and youth must engage with each other, otherwise their perception to look at this problem will differ drastically.”
He has the following suggestions that could possibly fill the gaps between education and employability in India.
1. The road from education to employment has 3 critical crossings to clear:
- Cost at the time of admission
- Absence of credible on-the-job training and hands on learning
- Finding a job related to field of study and inclination
2. Most employers fail to attract and retain the right talent because they do not reach out and engage with education providers and youth, offering them time and skills.
3. Two critical success factors seen in creating employable youth are where education providers and employers actively talk to each other. Employers should help design the curriculum and offer themselves as guest faculty while education providers should ensure longer internship period for the students at the job sites and hiring guarantee. They also should work together to engage with students through their tenure in the academic institute instead of only at the time of hiring and placements.
4. Also, the role of media and government in helping parents and the youth make informed choices is very critical. They need continuous flow of information on career options and training pathways. Education providers should also be as much involved in job placement and career trajectory as they are at the time of providing admissions to students.
5. Young people should also have a clear idea of what they would face after leaving the school or taking a course for study, while educational institutes should be careful of what they teach and how they connect their students with the job market.
6. To contain the cost, educational providers muse enhance the use of internet and technology in designing and disseminating standardized curriculum at modest cost customized to employers need.
7. And finally, parents and students must shortlist an institution (based on infrastructure, faculty reputation, value system, teaching & learning methods) that ensures employment and not just a paper degree.
SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) is one such institute that has designed a number of its graduate and post graduate programmes to address the serious issues of employability of youth in the country. The institute offers courses in the fields of engineering, pharmacy, business administration, commerce, economics, finance and management. These programmes are customized to the needs of prospective employers and have been designed in consultation with relevant stakeholders.
Admissions to these programmes are through an entrance exam called NPAT 2016 (NMIMS Programmes after 12th), conducted by the institute. NPAT tests the scholastic aptitude of candidates through Quantitative and Numerical Ability, Reasoning and Intelligence and proficiency in English Language.
Candidates appearing for 12th standard from any board, can register online for NPAT 2016 on www.nmims.edu before 3rd May 2016 to apply for these courses. The test will be held on 14th and 15th May, 2016 at multiple centers across 20 cities of the country.
Admissions to these under graduate degree and 5 year Integrated degree programmes like B.Tech, MBA (Tech), MBA (Pharma Tech.), BBA, B.Com.(Hons.), B.Sc.(Finance), BBA-MMS, and B.Sc. Economics are being offered by various constituent schools of NMIMS at Mumbai, Shirpur and Bengaluru Campuses.