Professional Documents
Culture Documents
Mrs.K.VidyaKala
The present trends in job market continue to be what they were in the
later part of the 20th century. ‘Fewer jobs and innumerable aspirants’ is
the order of the day now and no wonder, employers and recruiters
have a wide range of scope in the choice of their manpower and they
also have the final word in negotiating the compensation of
employees.
The employees are made to feel that they are part of the management
and fully responsible for sustaining the image and vision of the
institution. In today’s organization, managers are actively involved in
the working process. They are not expected to merely manage,
supervise or control the staff under them but to lead them. In other
words, they are leaders rather than supervisors, or controllers. They
should also change their attitudes and cultivate and develop new skills
to meet the emerging needs of the institutions, as they are also
involved in the changing policy matters, and planning and networking
process.
Mumbai still rules the job market in India. It has cornered more than
18.50% of all the jobs produced between the period of January and
March 2008 according to Job trends: across cities and sectors
survey prepared by the ASSOCHAM,
Surprisingly, Kolkata even being a Metro ranks even below Tier I & II
cities like Pune and Lucknow. The study was based on the sample of
32,000 vacancies posted by around 3,500 companies in the national
and regional dailies, journals and job portals like “timesjobs.com” and
“naukri.com” during the three months period of January-March 2008.
Filed in: Trends, employment on June 30th, 2008.
• Automobile Sector
• Aviation Sector
• Banking Sector
• Biotechnology Sector
• BPO Sector
• Consumer Durables Sector
• FMCG Sector
• Hospitality Sector
• IT-ITeS Sector
• KPO Sector
• Media and Entertainment Sector
• Mining & Minerals Sector
• Pharmaceutical Sector
• Retail Sector
• Telecom Sector
Banking is one of the most sought after career choice among the
students. It is an entry into a well paid, secure and status career.
Though it may appear that these jobs are meant for
commerce/economics students but the fact is that majority of bank
officers are from different streams of education.
There are front office personnel in all banks, and then there are
supervisors who handle most back office operations like completion
of transactions, general ledger work, and overall supervision. Banks
are now offering good salary packages.
Actuary
• Evaluates the risk for companies to be used for strategic
management decisions.
• Actuaries use their analytical skills to predict the risk of writing
insurance policies through the use of mathematical, statistical
and economic models.
• An actuary not only fixes the premium rates for new products,
but also revises both products and prices. They calculate costs
to assume risk, for example how much to charge policyholders
for life or health insurance premiums?
Underwriters-Work Profile
FMCG As A Career :
FMC FMCG is one of the most dynamic domains of the business world. A
care career in this sector encompasses a large number of job roles like
market researesearch, pricing and product development, purchasing,
advertising and brand awareness. FMCG is a sector where graduates can
gain excellent rewarrewards if you work hard.
QualificationsRequired
FMCG career structures are fairly slow to progress. One may not
get as high a package initially as in some other sectors like IT,
Real Estate, etc. Having once entered the sector, however,
candidates would find any number of opportunities and would
see their salary packages rise fast enough. There are plenty of
options in FMCG sector if you enter as a graduate, but strong
educational qualifications are an advantage.
SkillsRequired
FMCG sector requires huge amount of commercial awareness;
one must have the skills of a team player. Apart from that, good
numerical skills, communication and organizational skills are all
essential for a successful career in this industry. Key skills will
also depend upon the type of position you want to pursue, i.e.
marketing, human resources, finance, etc.
1.Job security
It is a stable industry. Unlike some other industries, such as
automobiles, computers, and airlines, FMCG industry does not
suffer from mass layoffs, every time the economy starts to dip.
One may drop the idea of buying a car but not the idea of having
dinner. This lends FMCG a level of job security unknown in other
industries.
3.Quick experience
Consider an example: One person is working in the sales of cars
while the other one is working in the sales of juice. At the end of
the month, the person who is working for the sales of cars makes
a maximum of 2 or 3 sales, if he is fortunate. On the other hand,
the other person sells a large number of products every day.
Definitely, the juice seller will get more experienced in less time
working in FMCG than any other sector, no matter whether in
sales, marketing, operations, accounting, etc. In the end, one will
land up learning more and gaining a firm grasp of basicbusiness
skills.
7.Offshore opportunities
The International offices of most FMCG multinationals regularly
recruit staff from our country, either for short projects or for
longer stints.
As per industry estimate, India will fall short by almost 50000 ‘relevant
IT professionals’ by the year 2010. What it means that the future
growth of the sector is hugely dependent on availability of right kind of
talent in the field. The talent would not only be having only pure
technical knowledge and expertise but also functional and operational
knowledge and understanding of processes. The IT sector is in critical
need of techno-functional professionals who can act as a catalyst of
change for clients and provide best possible solutions to business
problems. All this would require a thorough understanding of business
processes and ability to dissect the problem areas and find critical
solutions. The next round of growth in the sector will be enjoyed by
companies and professionals who can assimilate both technological
knowledge and understanding and functional expertise and domain
knowledge. Therefore the requirements for techno savvy professionals
in the field is only going to rise and that too on a massive scale as
there is a huge shortfall in this area.
As per industry estimate, India will fall short by almost 50000 ‘relevant
IT professionals’ by the year 2010. What it means that the future
growth of the sector is hugely dependent on availability of right kind of
talent in the field. The talent would not only be having only pure
technical knowledge and expertise but also functional and operational
knowledge and understanding of processes. The IT sector is in critical
need of techno-functional professionals who can act as a catalyst of
change for clients and provide best possible solutions to business
problems. All this would require a thorough understanding of business
processes and ability to dissect the problem areas and find critical
solutions. The next round of growth in the sector will be enjoyed by
companies and professionals who can assimilate both technological
knowledge and understanding and functional expertise and domain
knowledge. Therefore the requirements for techno savvy professionals
in the field is only going to rise and that too on a massive scale as
there is a huge shortfall in this area.
OutsourcingTrends/BPO/KPO
With such a huge population it would seems like there would be more
people than jobs but believe it or not it is hard to find and hire a certain
kind of person in India. The person I am talking about is someone who
can INTERACT. These people are in big demand because a) outsourcing
is moving up the value chain b) the new networked way of working
demands this skill. The supply is limited because a) technical skills
have been more developed in India b) few people have experience
interacting globally. The best people can earn $2000 -$4000 plus plus
per month and why not? If they do equal work they should get equal
pay (as anyone in the world).
Industry experts point out that besides the ITES sector, healthcare and
bio-sciences are other emerging growth areas. “The market is
especially ripe for the better-trained, globalised in outlook and
proficient personnel. The market of the future will be heavily weighed
in favour of techno-managers,” says R Shekar, senior vice president
and head of HR for corporate strategy and business excellence at
Polaris Software Lab.
Skills in demand
"This was because the working age population grew faster that the
total population and labour force participation rates increased,
particularly among young women," he said.The 11th Five-Year Plan has
special schemes to encourage the organized sector to employ more
labour and simultaneously, to improve labour productivity in the
unorganised sector.
With a rapidly growing economy and a dream run for the Indian stock
market, the job market is also following the suit. The ever increasing
growth in economy has fuelled the demand for jobs and talent in
practically all the sectors of the economy.
5. Market assessment
1. Relationship building
Customer 2. Knowledge acquisition and implementation
Relationship 3. Direct marketing
Management 4. Database management
(CRM)
5. Communication/Collaboration
1. Persuasion
Sales Skills
2. Negotiation
R&D 1. Design
1. Controlling
2. Designing
Supply Chain
3. Planning
Management
4. Monitoring
(SCM) and Project
5. Implementation
Management
1. Software application
2. E-business
IT 3. Automated equipment
4. Server applications
1. Concept creation
Industrial Design
2. Concept development
1. Kan ban (a signaling system)
Process 2. Process re-engineering
Improvement
3. Six sigma
1. Trade marks
2. Patenting
IP Protection 3. Copyright
4. Patent law
Employability skills
• Introduction
• Timeline Skills in Applications and Interviews
Calendar of when you need
apply for jobs, courses etc.
during university. • How to deal with competency-based
• Analyse your employability questions on application forms
These start with "Give an example ..." or
skills
"Describe a situation ...".
Which skills do you have?
Need to improve? • Competency-based interviews
• Find the skills needed for • Assertiveness in interviews
different graduate jobs • Employer aptitude tests includes tips on how
• Which jobs suit my skills? to pass these.
• Skills map There are 7 practice tests:
o Numerical reasoning test
• Skills inventory
o Numerical reasoning test 2
Make an inventory of all your
o Verbal (synonyms) test
skills including strengths &
weaknesses. o Verbal reasoning test
• Progress file o Letter Sequences test (logical
thinking)
Record your study, work
experience & interests for
o Non-verbal reasoning test
CVs, career choice & to help o Spelling and punctuation test
your referees.
• How to develop employability Specific Skills
skills & convince employers
you possess them.
• The Skills Game • Teamworking
Match the employability Interactive exercise & tips for group work
skills with their descriptions exercises in selection centres.
• Pebble Pad The University • Making effective presentations
Personal Development • Action planning
Planner. Techniques to reach your goals.
• Time management
Bibiliography Valuable in jobhunting & revising for exams.
See also In-tray exercises
www.jobsagar.com
www.naukri.com
o Lateral thinking
www.monster.com Test your creative thinking skills.
www.scope.org.uk
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CHOOSING A CAREER