Fresh Graduates Shift Focus To Upskilling As Virus Hits Job Market

  • FirstNaukri.com posted 34,000 fresher jobs in January-March, but it is down by two-third post-lockdown
  • Many students have taken up internships without stipend

MUMBAI : Ankur Vyas, who completed his MBA in banking and finance from the National Institute of Bank Management, Pune, was expecting to join a leading credit rating agency as a research analyst in April. The pandemic, however, delayed his induction indefinitely. But instead of waiting, Vyas joined online courses in finance, which he says would help him learn on the job faster.

As final-year exams have been delayed at colleges and companies postpone recruiting interns and fresh hires, students have shifted their focus from jobs to upskilling.

Out of the 1 million students of the 2020 batch of B.Tech and MBA students in India, around 700,000 will be looking for placements this financial year. FirstNaukri.com, a campus hiring platform, said it had posted 34,000 fresher jobs in January-March, but the number is down by two-thirds post-lockdown.

For instance, in June, Accor Hotels cancelled campus offers. It said as markets open up gradually, every hotelier will first secure the jobs of existing employees before hiring freshers.

Some companies and institutes are engaging youngsters to make students job-ready.

Source: livemint

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