Employability Attributes and Values

Abstract

India is on the edge to obtain a 'Demographic Dividend' because the size of its working age population will increase to a likely peak of 95 crore in 2026. In 2020, the average Indian will be in his twenty’s, compared with 37 in China and the US, 45 in West Europe and 48 in Japan. Such a demographic advantage is enough to build a case of claiming economic supremacy in the global economy. Although the Indian economy appears to experience GDP growth rate of 7% and beyond in the next few years , but there has been an increasing concern regarding jobless growth, widening of inequality in terms of region, gender, and a mismatch between demand of skilled labour and its availability, especially in potential sectors. Substandard Institutes are producing mere graduates instead of true professional, who cannot meet the expectations of Industries. There are a lot of references to research statistics regarding employability in every forum. The references frequently are: just 20-30 % of the postgraduates are employable. In the recent years, the problem of unemployment among professional graduates is a cause of concern. This study attempts to find out the
various employability attributes and the work values of the MBA graduates and their relative
importance to the employers in IT industry at Pune. A survey of HR professionals was conducted to
gather the data for the study. It is a research conducted to understand the skill expectations of the
corporate from new MBA students with special reference to IT industry in Pune. The s tudy report
might be used as a reference in better preparing the MBA graduates for industry and make them
employable.