As per June 2022 Economic Times, 65% of students are not getting jobs after college degrees in India. Why 65% of students are not getting jobs after college degrees? The big reason students do not learn the company’s in-demand skills. Thus, get to know the complete details about the reasons with solutions, and know Why 65% of students are not getting jobs after college degrees?
Contents
Introduction
Is it important to get jobs after college degrees? A college degree alone can’t get you to guarantee a better job, but it doesn’t mean that a college degree is not necessary.
Getting higher wages in your job career is possible with a college degree, also it can work as a prerequisite for some professions and get you a good position. But if you are looking for a better job after college degree then you need to learn some other in-demand skills.
Here are some of the Current In-Demand Skills to get job after college degree:
BBA, MBA, BCA, etc. are college degrees really helpful for your career as you get placement with good firms, which provide lifetime opportunities for you.
But learning in-demands skills will provide huge packages and a better position in MNCs. Get to know about current In-Demand Skills to get job after college degree:
1.Fin Tech
What is Fintech means?
Fintech is a growing technology that is used to improve the financial services of organizations. Online banks, asset management firms, online lenders, mobile payment firms, and online remittance firms are related to Fintech.
The Fintech sector is still relatively in its early stages, but it changing the way we save, invest, and spend for things we need. Fintech technology is making financial services more accessible, and affordable for us. Fintech also helped to operate businesses more efficiently.
Benefits of Fintech skill for job after degree:
Financial management is the most important aspect to start a business or even running a business successfully right financial management will help in
- Fast payments
- Boost the Efficiency
- Funding becomes more obtainable
- Make a healthy long-term Customer relationship
- Risk management is better
- Financial operations become easy
Salary packages with Fintech skill after college degree:
The salary packages in the Fintech industry started at $26,966 per year and go up to $168,886 per year. Salary package can vary and depends on Country, organization, location, and job post.
2.Data Analytics
Data analysis is a process of analysing raw data to find trends and draw conclusions about the information they contain.
Data analytics includes inspecting, setting, cleansing, and transforming data with the goal of discovering useful information to optimize business performance and profit.
Professionals use tools with data analytics to help make more strategically-guided decisions.
Benefits of Data Analytics skill for job after degree:
- The worldwide boom in data generation
- Data analytics is an easy-start career
- Huge job opportunities due to the high demand for analytics professionals
- Data analysts are the Top priority in many organizations
Salary packages with Data Analytics after college degree:
Data Analytics salaries start at $73,100 to $84,282 and salary can vary as per location, skills, and job position.
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3.Digital Marketing
Digital marketing refers to marketing methods in which we market our goods and services through the internet. The company reaches its target audience direct by running campaigns through websites, search engines, blogs, social media, video, email, and other digital platforms.
Firms use Search engine optimization, Content marketing, Social media marketing, Pay-per-click marketing, and email marketing to promote business. Digital marketers use computers, mobile phones, laptops, and other electronic devices to do digital marketing
Benefits of Digital Marketing skill for job after degree:
- Digital marketing provides more effective ways to get organization’s goal
- Multiple skills under Digital marketing course like, SEO, SEM, content marketing, social media marketing, etc.
- Digital marketing has unlimited direct reach to the target audience
- Promote business on digital platform
- Conversion rate is high as compared to other marketing
Salary packages with Digital marketing skill:
Average salary packages is $58,260 with digital marketing skills after college degree. But it can vary as per location, experience and job posts.
4.Artificial Intelligence
Artificial intelligence is a way used by human intelligence in which a machine automates tasks that would be performed by a human. AI machines use algorithms to undertake problem-solving operations and provide insights from different types, sources, and quality of data.
In the process of AI, there is acting on the instructions of different chains of Algorithms bound together. The instructions are set step-by-step in detail so that a computer can follow them.
Benefits of Artificial Intelligence skill for job after degree:
- AI technology machines are able to perform consistent tasks without getting tired for long-time
- AI machines work as a socially therapeutic robot for humans
- In the health sector, AI machines save many lives with Fast and accurate diagnostics
- Fewer errors as compared to manual machines
Salary packages with Artificial Intelligence skill:
The Average Salary in AI is $143,686 but it can differ as per location, and job post
5.Cloud computing
Cloud computing is the delivery of different services through the Internet with tools and applications and these services avail over the Internet only. Cloud computing is effective for all type of businesses as it highest cost saving and great in security.
Cloud computing is the practice of storing regularly data that is accessed through the internet including storing, managing, and data processing. Cloud computing automates the data procuring, configuring, and managing over the internet on multiple servers.
Benefits of cloud computing skill for job after degree:
- Work in flexibility
- More job availability
- Quality in output
- Provide automatic software updates
- Cost savvy
- Increased collaboration
Salary packages with cloud computing skill:
The average salary with cloud computing skills is $88,065 and $112,735 but the salary can differ as per location, skills, and your job posts.
Conclusion:
The recent common reasons that Why 65% of students are not getting jobs after college degrees are high competition, no in-demand skills, and no job experience.
Getting a college degree does not ensure you will get a better job because of high competition. The COVID-19 pandemic affected the offline jobs of professionals thus the competition level became higher.
If you are pursuing a graduate degree then learn the above skills to get a better job after a college degree. Fintech, Data Analytics, Digital Marketing, Artificial Intelligence, and Cloud computing are the best skills to get a better job after a degree.
FAQs:
Web Development, Cyber Security, Artificial Intelligence, and other Computer Science courses that are well-suited for employment.
The five fundamental computer skills are data entry, word processing, spreadsheets, presentations, and email management.
There are between 10 and 15 major Computer courses.
