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The big deal

ON OFFER Students graduating from the Arts, Commerce and Science streams are being offered hefty starting salaries in campus placements. The big selling points, say companies, are their soft skills and analtyical capabilities There’s a rapidly growing number of positions that require data crunching or analysis, for which students from maths, statistics and economics backgrounds are well-equipped. DEVASHISH SHARMA, founding member of HR consultancy PeopleStrong It’s not just engineering, management and law. Highly paid campus placements offers are now being made in fields beyond the professional and technical courses, to students graduating in arts, science and commerce too. ISTOCK This year, a final-year Economics student at Delhi’s Lady Shri Ram (LSR) College received a salary offer of Rs 38 lakh (all salary figures are per annum); last year a Commerce student from Sriram College of Commerce (SRCC) got a starting offer of Rs 31 lakh. In Mumbai, arts and commerce students go...

IT returns at city engineering colleges: More jobs, high pay

HIRING SEASON Major information technology firms offer ₹40L package a year MUMBAI: After a two-year slump, the city’s engineering colleges are seeing a rise in offers and pay packages from information technology (IT) companies, with some even touching ₹40 lakh. While IT firms such as Accenture, Larsen and Toubro (L&T) Infotech, Capgemini and Infosys are hiring students in bulk, Tata Consultancy Services (TCS) and Wipro opted for a pan-India centralised recruitment process. “We are witnessing a surge in demand for IT and computer science graduates compared to last year. There has been an unusual growth in packages, which wasn’t seen in the past decade,” said Gopakumaran Thampi, principal, Thadomal Shahani Engineering College (TSEC), Bandra. Here’s an example: Accenture made 178 offers at the KJ Somaiya College of Engineering this year, up from 130 and 140 offers in 2016-17 and 2017-18, respectively. The recruitment figure for the company was much higher – 301 – in 2015-16...

Skills needed for future job market

India finds itself at a unique advantage when compared to other nations due to its young population. However, a young population is both an opportunity as well as a problem depending on how the advantage is utilised to boost the economy. The rapidly growing population indicates the urgent need for skill development in order to enable the growing population to have meaningful employment. An education that places an emphasis on imparting skills over rote learning and memorisation is necessary to ensure that the youth are gainfully employed. For India to maintain its stature of being the largest provider of skilled programmers and technologists, we will have to ensure that its populace is skilled accordingly so as to remain competitive in the global arena. What follows are five important skills that will continue to be in high demand in the Indian job market in the years to come. CODING Coding or programming in languages such as Javascript or Python has consistently been a ski...