Weakening Roots Of India's STEM Talent
People Matters|People Matters - April 2018

Despite producing the maximum number of graduates globally, the average level of shortage of skilled talent in the STEM sector in India has increased from 6 percent in 2014 to 12 percent in January 2018. Let’s take a look at the gaps behind this.

Manav Seth
Weakening Roots Of India's STEM Talent

The Information Technology sector in India has built its reputation by providing costeffective solutions and providing employment to millions of people in the process. However, the full-time research workforce in India was estimated to be just 2,00,000 in 2015 by UNESCO. Are we, as a nation, adequately promoting careers in Science, Technology, Engineering and Mathematics (STEM) subjects, and are we even able to generate enough talent for our own demand? Are we losing some of our best minds to other countries because of a lack of support and opportunities?

A recent survey from the job site Indeed has confirmed similar fears: despite producing the maximum number of graduates globally, the average level of short age of skilled talent in the STEM sector in India has increased from 6 percent in 2014 to 12 percent in January 2018. The survey noted that Information Technology and Banking and Financial Services are the leading sectors that hire STEM talent, mainly in the roles of software engineers, web developers, business analysts, software architects and SAP consultants. It also listed the top ten companies for those interested in pursuing STEM jobs: Capgemini, Wipro, JP Morgan Chase, Oracle, HCL Technologies, IBM, Magna Infotech, PwC, Barclays, and Citi Bank.

With 2.6 million of the 78 million fresh graduates in 2016 belonging to the STEM sector, India did reasonably well in producing a healthy number of STEM graduates; yet, it is witnessing an increasing talent shortage in the field. This seemingly paradoxical challenge has been attributed to the ‘disparity between college curricula and industry expectations’ in a Hindu Business Line news report. Let us take a closer look at this ‘disparity’ and attempt to understand the factors responsible behind the current mismatch:

STEM Sector in India: A Brief Look

Diese Geschichte stammt aus der People Matters - April 2018-Ausgabe von People Matters.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der People Matters - April 2018-Ausgabe von People Matters.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS PEOPLE MATTERSAlle anzeigen
How Digital Transformation Can Power The Great Reset
People Matters

How Digital Transformation Can Power The Great Reset

Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections

time-read
4 Minuten  |
December 2022
The Crypto Meltdown Of 2022
People Matters

The Crypto Meltdown Of 2022

FTX implosion: A setback, but not the end for the crypto market

time-read
3 Minuten  |
December 2022
Govern Pre-IPO Unicorns to Create Value; Not Valuation
People Matters

Govern Pre-IPO Unicorns to Create Value; Not Valuation

Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?

time-read
4 Minuten  |
December 2022
On change and change management
People Matters

On change and change management

The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023

time-read
5 Minuten  |
December 2022
The Great Reconnection: A paradigmatic moment for employers and employees
People Matters

The Great Reconnection: A paradigmatic moment for employers and employees

This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?

time-read
4 Minuten  |
December 2022
Lessons Managing in leadership: a global hybrid team
People Matters

Lessons Managing in leadership: a global hybrid team

What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model

time-read
5 Minuten  |
December 2022
Eight HR trends that we saw throughout 2022
People Matters

Eight HR trends that we saw throughout 2022

As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together

time-read
5 Minuten  |
December 2022
One way to turn the tide of employee retention
People Matters

One way to turn the tide of employee retention

There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention

time-read
3 Minuten  |
December 2022
A key focus for L&D going into 2023 should be business alignment
People Matters

A key focus for L&D going into 2023 should be business alignment

Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change

time-read
4 Minuten  |
December 2022
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
People Matters

WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK

BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY

time-read
9 Minuten  |
December 2022