How to “hack”​ a good job Education (Degree) The bad investment by Mr Apoorv Sharma

I have hardly ever missed articles of my interest areas published by #LinkedIn one of which is the articles about the most promising or emerging #job market and #career trends.

Below is the list of the top 15 emerging jobs of 2020

1.   Artificial intelligence specialist

2.    Robotics engineer

3.   Full-stack engineer

4.   Data scientist

5.    Site reliability engineer

6.   Customer success specialist

7.   Sales development representative

8.   Data engineer

9.   Behavioral health technician

10. Cybersecurity specialist

11.   Back end developer

12.   Chief revenue officer

13.   Cloud engineer

14.  JavaScript developer

15.  Product owner

The only job that is not related to coding or software industry is Behavioral health technician

I am not surprised to see that the tech skills are at a higher demand surprising part is most of the non-technical jobs require technical knowledge as well, so if one doesn’t want to be jobless he/she should at least understand tech!!

I also went through the last year’s list below is a summary :

Top 5 in-demand hard skills:

1 Cloud Computing

2. Artificial Intelligence

3. Analytical Reasoning

4. People Management

5. UX Design

Top 5 in-demand soft skills:

1.   Creativity

2.   Persuasion

3.   Collaboration

4.   Adaptability

5.   Time Management

If you rationally analyze the job market and the skills required, you will find that most of them have nothing to do with what you have learned in the degree college and most of the learning and skill development was done during your job!!

No alt text provided for this image

What is the reason behind this?

I think the primary reason is the mismatch between the pace at which market works and the pace at with the education institutions work.

We are living in an exponential era in a super-connected world with endless reach and possibilities, the amount of information we have grows significantly every year ( I am not using the word double but it is) and we are witnessing innovations even from the remotest locations and grassroots levels. Under this situation, if you teach an engineering student the most updated in the first year half of it will already be obsolete by the time he/she reaches to the third year!! (I still remember during my college I was using a smartphone with 64 GB memory and was studying about 8085 microprocessor with  64 KB memory and coding basics in C ).

It is like a sloth trying to match the pace with a cheetah on the racetrack.

So why getting a degree is somewhat mandatory?

The only justified reason is you will (most probably) get a good job in campus placements (not including culture, good time, learning blah blah.. life doesn’t ends after college it actually begins after that)

Which I agree if you are a graduate or PG from a good reputed branded college ( “Good”, “Reputed” and “Branded”) the odds of landing to a good job are quite high, however the problem is we can count these colleges on figure tips !!! For counting all institutes you would require an excel sheet!!

So if you are not getting in the Top say 25 institutes lets calculate your investments v/s returns (again just a broad analysis)

No alt text provided for this image

If you didn’t get a job and went for an MBA below is an additional investment

No alt text provided for this image

On an average from an average college after MBA you will get a package of 7~8 LPA

So after investing approx. 6 years and 22L you finally started earning 8 LPA.

Let’s consider an alternative approach.

No alt text provided for this image

After your senior secondary, you decided to pursue a 6-month professional course in coding (go for python or Julia 😀 ) and decided to complete your degree part-time through correspondence.

Let’s analyze your investment

No alt text provided for this image

Now let’s analyze your potential growth path

To summarize the comparison

No alt text provided for this image
No alt text provided for this image

I am not mentioning things stress of studies, competition, dropping a couple of years to get a better college, lesser risk-taking capacity because of the age, etc. because it could be overselling.

However, I strongly feel that parents and students could think a little unconventionally and make a brighter future for their kids and themselves!!!

What education institutes can do?

–        Include more short term professional courses

–        Include industry professionals to share the latest trends

–        Invest more in innovation and entrepreneurship development

–        Partner with corporates and provide necessary training to student in the college itself.

–        Refine, modify change the grading system

What can startups do?

–        A lot can be seen in the K12 education space, can higher education models be disrupted as well?

–        Can startups develop a model with corporates to provide training with assured jobs?

–        Is there anything which could be involved in the education curriculum at the college level by startups as an add-on

–        Can startups create a model where they hire and train students in the final year?

Would like to hear about other views please share your comments.

#linkedin #startups #career #job #education #machinelearning #AI

Leave a Reply

Your email address will not be published. Required fields are marked *

We are accepting applications for headway at this point of time

X
LinkedIn
Share