India Graduates Study: Focus Engineering Schools, 2015
Over the years, one key question which most technology MNC’s asked us was “How many graduates pass out of India, from where, and which those colleges worth going for campus placements are? GrowthPraxis, in order to answer the question performed an extensive research about the fresh graduate talent pool availability in India. Post analysis, we have come up with our new report “India graduate study in late December 2015”. The objective of this report is to assist firms prioritize recruitment from colleges based on their needs and reach out to the best talent across the country. The report could also be used to strategize hiring and thereby reducing the cost of extensive travelling across the Indian sub-continent to hire candidates.
India’s growing economy is the major driver of employment creation. It is only apt that the most prominent industries leading the growth also create the most jobs (in percentage terms). The growth and contribution is being seen from Food and beverage, Healthcare, Construction, IT/ITES, Telecom, Auto and Banking services. There is expected to be an addition of more than 1 million jobs in India each year, distributed across these growth sectors.
The growth of these industries is also reflected in the staggered growth in the availability of graduates. This can be clearly seen in the number of graduating students in engineering & pharmaceutical areas (more than 7 lakh a year). Engineering has always been a money-spinning career option in India. Burgeoning demand for engineering education led to the privatization of education sector in India. As a result, engineering education has seen tremendous growth wherein the number of engineering colleges in India has shot up more than 10 folds over the last two decades. With privatization of education, many private players have started offering engineering courses. With limited seats and rising competition, these private players are making hay.
However, there are regional imbalances in the availability of engineering graduates. The four southern states combined (Andhra Pradesh, Karnataka, Tamil Nadu and Maharashtra) have more than 70% of these graduates. To add to this concern is the question raised on the quality of engineering schools in India and the quality of graduates coming out of these colleges which are considered to be abysmally low. According to a research conducted by GrowthPraxis, only about 4.5% of India’s engineers are fit to work in a software product firm, and just 45% are employable by an IT/ITeS services company, even with up to six months’ training. These figures are even caliginous when compared to the survey of human resource professionals at multinational corporations in India revealed that one quarter of engineering graduates with a suitable degree could be employed irrespective of demand. These claims along with huge employee turnover has led companies like Infosys to setup world class sprawling training facilities as part of their HR strategy. However, not all companies have the capital or the need to deploy such extensive “employability” centers. As a result, fresh recruitment in India has become an exigent and involved process – which requires deep insight to target people correctly from the right institute.
Key benefits of the report:
I. The report gives access to comparable historical data and forecasts for major skills at city and country level.
II. The study offers unique insights into historical and future market trends.
III. The report aids in the formulation of effective business expansion plans and with a clear picture of talent pool availability.
The data and analysis were estimated based on primary and secondary research. Growthpraxis conducted 100+ interviews with colleges, and universities to arrive at the ranking of institutes.
Table of Contents:
I. Executive Summary
II. Fresh Talent landscape in India
- Total graduates in India split by degree, 2015
- Total graduates in India split by streams, 2015
- Projection of total graduates in India split by degrees (2016 to 2020)
- Projection of total graduates in India split by streams (2016 to 2020)
III. Engineering Talent pool landscape in India
- Total engineering graduates in India split by degree, 2015
- Total engineering graduates in India split by streams, 2015
- Projection of engineering graduates in India split by degrees (2016 to 2020)
- Projection of engineering graduates in India split by streams (2016 to 2020)
- Segmentation of engineering graduates in India keys states: Karnataka, Maharashtra, Kerala, Tamil Nadu, and Andhra Pradesh
- Total engineering graduates in India split by Tiers
IV. Key research institutes in India and their industry tie ups
V. Recommendations to MNC’s on recruitment, research tie ups
VI. Ranking of engineering colleges in India by Tier’s (Tier I, II, III, IV, and V)
VII. Research methodology
The report is priced at USD 250. For any further queries, please contact us at firstname.lastname@example.org
GrowthPraxis is a fact-based consulting firm. We work with global organizations and help them in defining growth, mitigating risks and solving key business challenges. We provide advice ranging from entering new markets to developing new products and services.