Tag Archives: MBA

Needed BE/MBA for clerks!!


PUC pass? Well think before you for any govt. jobs as your competitor may be an MBA.

The server of State Bank of India (SBI) crashed last year when two million candidates applied for 20,000 clerical posts. The bank could nite find enough venues to conduct the exams and the written examination had to be conducted over four shifts.

This year, the country’s largest bank faces an even bigger dilemma. It has 11,000 clerical posts on offer, but has received 3.4 million applications. That’s about 300 applications for every vacancy.

The shocker is while the requisite for the post is a minimum Class 12 qualification, the vast majority of the candidates who have applied for the Rs 8,000-a-month job are engineering graduates and MBAs.

In spite of globalization and the phenomenal growth projected by most industries today, unemployment is reaching a new height altogether.

It’s not that there aren’t enough suitable jobs for good-quality engineers and MBAs. There are countless stories of how leading Indian companies are visiting engineering and MBA colleges in interior parts of the country to add to their basket of employable graduates but are returning empty-handed.

The main problem is that of employability. Studies have indicated that only one in four graduates from India’s colleges is employable. A Nasscom study found that India still produces plenty of engineers – 400,000 a year. But most are deficient in the required technical skills, fluency in English or ability to work in a team and deliver basic oral presentations.

As a result, those engineers or MBAs who manage to become SBI clerks may still consider themselves lucky.

Rediff.com recently reported an incident with Sandip Mukherjee (name changed), an engineering graduate from one of the middle-rung private institutes in Kolkata.

He came to Navi Mumbai to join a windmill company which has its headquarters in Europe. The quality of the job, however, he says, was only slightly better than that of a security guard. Mukherjee, who was lucky enough to find another job within four months, says his ex-boss had asked him to prepare a project report on the security system in the company’s godowns.

Apparently, the company suspected that a lot of pilferage was taking place in one of its godowns. The engineer was asked to station himself in the security office to figure out the lacunae in the system.
One of his observations was that some people left the godown unchecked during lunch hour when the security guard would go to the canteen to bring food. Impressed with this finding, the boss then asked him to find out whether this was happening during tea break or at dinner time also, or whether the security guards went to the toilet often, leaving the gate unmanned. “I didn’t pursue engineering to observe people’s tea and toilet habits,” Mukherjee wrote in his resignation letter.

A mismatch between qualification and quality of job is inevitable in a country where everybody and his uncle is either an engineer or an MBA. The quality of teaching in most of the second-rung institutes is poor and companies often have to pay through the nose to train them.

The Alumni of IIT and IIM have time and again expressed serious concern over the mushrooming of engineering colleges that are being run as “business ventures” by contractors, builders, coal dealers, brick-kiln owners and sweetmeat sellers.

Tamil Nadu according to me seems to have the maximum number of schools and colleges. There are boarding/residential schools at every turn of the street in Namakkal and surrounding areas. These schools which are nothing but business investments for the trading class, claim to prepare students enough to score no less than 80 percent in their board exams. And its true that they do manage to attain that. But the unfortunate fact is that the essential damage in the student’s caliber is done right there. The analytical skills are never developed or allowed to develop. The ultimate aim of the schools is to make the below average student a topper. Instead of giving students conceptual knowledge they are made to cram their books and vomit it in the exams. Result: With 3/4 of the student clearing in first class.

Moving on from school is the pressure of taking up either engineering or medical (as anything else is not good enough). Again, no understanding of the knowledge but rather cramming the text books. Not much importance is given to extra-curricular activities.

The case is the same in other parts..

In Uttar Pradesh alone, 250 such engineering colleges have come up in the last decade with an intake of about 60,000 students.

Two years ago, an assessment of the country’s higher education system by the University Grants Commission (UGC) found that as many as 25 per cent faculty positions in universities remained vacant; 57 per cent teachers in colleges did not have either an M Phil or PhD; and there was only one computer for 229 students, on an average, in colleges.

The assessment was conducted on 123 universities and 2,956 colleges across India – an estimated 60 per cent of these institutions were private, the rest government-run.

Now, look at a couple of rungs further down in the job market pyramid. India’s vocational training institutes produce six million students every year. That’s a minuscule number considering that an estimated 88.5 million people in the 15-29 age group need such training.
And industry says less than half of the six million people who have received vocational training are in the employable category.

A Planning Commission assessment shows 80 per cent of the 12.8 million new entrants to India’s workforce every year have no opportunity for skills training. Even more worrying is the fact that only 2 per cent of the workforce has skills training and 80 per cent of the rural and urban workforce does not possess any “identifiable” market skills.

What is also worrying are the findings of the India Labour Report prepared by TeamLease – it has found that over half of employed youth suffered some degree of skill deprivation, while only 8 per cent were unemployed. In all, 57 per cent of India’s youth suffered from some degree of “unemployability”.

The good news is that some companies have decided to take the bull by the horns in their own limited ways to bridge the skills gap. Infosys, for example, recently launched the Campus Connect initiative with engineering institutions in Mysore, Bangalore, Pune and other cities. Under this, workshops and seminars are held for students to provide them with industry-specific exposure. Several other companies like HCL too have a similar Campus programs.

ICICI Bank is working in order to upgrade curriculum in areas like wealth management and credit relationship sales with institutes like Management Development Institute, Narsee Monjee Institute of Management Studies and so on.

MNCs like Japanese auto major Toyota too is tying up with 40 more Industrial Training Institutes (ITIs) in addition to the existing 16. Under its technical education programme, Toyota has prepared a one-year syllabus on body and paint repair in association with its dealers.

Under a tie-up with the Delhi Government’s Department of Training and Technical Education for this purpose, Toyota has synchronized the curriculum with the selected industrial training institute’s syllabus in the second year of the course.

India is the 53rd country where Toyota has introduced such a programme. Initiatives like this are a win-win situations for all the parties. Hope many such opportunities make in roads into India