Taking an egalitarian approach to education allows one to move away from the conventional career path based on a single degree or dual degree. With the development of certificate courses, strict academic parameters are no longer important for job search.
The long-term insecurity of India’s youth, which has been battling unemployment for years, has led to a serious job crisis due to the Kovid-19 epidemic. Among the other problems arising from lack of quality higher education, skills, resources, financial support are gaps created in the skills-based job market due to surplus job vacancies and lack of trained professionals.
According to the India Skills Report 2021, only 45.9 per cent of young professionals in India will be considered for employment. It is worth noting for a reduction from 46.21 percent in 2020.
The report reveals the contrast between B. Tech’s employability rate of 46.82 percent, and B. Sc and Polytechnic’s 30.34 percent and 25.02 percent, respectively.
Students who choose a B. Sc / Polytechnic degree instead of a mainstream BE or B.Tech face high competition in the job market due to their academic inability to meet the quality of demand skills. An affordable certification program can help them build a career by providing them with the skills they need.
The recruitment-centric approach of Ed-techs can significantly reduce the gap between these courses by providing specialized training to job seekers and connecting them with suitable employers. By providing customized coaching services on demand, we can enable aspiring youth to fill their skills gap.
As a result of this innovation in the education sector, students and job seekers can improve their knowledge and skills without any restrictions. Taking an egalitarian approach to education allows one to move away from the conventional career path based on a single degree or dual degree. With the development of certificate courses, strict academic parameters are no longer important for job search. It doesn’t matter if you have a bachelor’s degree in arts, science, computer applications, or commerce, anyone can choose the course of their choice.
Enrollment in online certification courses such as Data Science, Digital Marketing, Artificial Intelligence, Machine Learning and more has increased as a result of the lockdown and uncertainty plaguing the country for more than a year. Thanks to the accessibility and convenience of online learning, individuals have been able to use this time for the benefit of their careers. This has allowed job seekers as well as a large number of working professionals to pursue certification courses to further their careers.
As a result of ad-tech specializing in higher education through short-term and affordable certification courses, it has become easier for an individual to acquire high market-related skills in order to get a job in a growing sector. This increases a person’s chances of being selected for a job by improving their employability factors related to relevant skills. These upskilling courses can help bridge the gap between the skills required to work with the growing technology and therefore increase employment and employment in parallel.
Recruitment to BFSI, Software / Hardware and IR and Internet business is expected to increase this year. Edtechs will play a major role in providing market-relevant courses tailored to the needs of a growing and emerging industry.
However, the unemployment rate of graduates from other Tier-2 and Tier-3 states like Madhya Pradesh, Bihar, Jharkhand, Orissa, Haryana, Chhattisgarh, etc. has not been ascertained. Therefore, there is a serious need to target people in Tier 2 and 3 cities to improve their skills in demand through online coaching / training. In this way, we can provide them with placement training and help them create great job opportunities by connecting with various reputable companies.
In order to address the root causes of the employment gap in our country, ad-tech companies must be able to bridge the gap in efficiency, which is growing with the application of new technologies. By doing so we can change the job situation in the country and prepare our youth for a brighter future.