One of the most important factors that play a major role in the life of an individual is a top-notch education. When a student passes out of any prestigious educational institution with flying colors, his main objective is to manage a job that is suitable to his preference as well as a compatibility with his academic qualifications. It is of primary importance that the job that he chooses offers him a job satisfaction while working in a particular position in an organization. While in college, a student usually opts for a stream of his choice that he feels would provide him with an ease in pursuing through the prescribed curriculum, at the same time adequately preparing him for his future career.
The Job Market in the ’70’s
There was a time when jobs in India were scarce and people applied for jobs through advertisements appearing in newspapers in both government organizations as well as private organizations. The inordinate time that a person spent on applying for a job and getting a suitable position took a lot of time. Further, a Graduate was considered to be a well qualified person for an opening in government as well as private sector jobs. The pay packet that a government employee earned during through the 1970’s was meager compared to the private sector where the salaries were relatively high. It therefore resulted in a mass scale exodus where people left the secure government jobs and tried to acquire a well paying and satisfying job in the private sector.
The present trends prevalent in the job market in the country are radically diverse from what they were nearly three decades ago. In the present scenario, with the increasing levels of education, a graduate is not considered to be suitably qualified rather most of the hiring companies prefer candidates who have acquired their Masters in Business Administration. This has led to aspirants studying further to hone their skills in a specific area of operation. There are several youngsters pursuing their Masters degrees, especially in the management area. The job market in the country has become a vibrant market today with a huge numbers of aspirants aspiring for better paying jobs. One of the main thrusts that have given a phenomenal rise in the job market is in the Information Technology (IT) Sector in the country. With the countless IT companies forming global IT hubs in major metropolitan cities around the country, there are several IT companies around the country offering excellent IT job opportunities in this sector for suitable candidates.
Some of the top notch companies, while offering lucrative salaries to candidates, ensure that the candidates have the requisite skills and experience. In fact, where a person is well qualified and possesses the necessary skills, there is no dearth of availability of jobs in the current thriving job market in the country today.