less than 19 per cent of the engineers are employable and only 18 per cent actually get a job, reveals National Employability Report, Engineering Graduates 2014 launched by Aspiring Minds.
less than 20 per cent engineers are employable for software jobs, 7.49 per cent are employable for core engineering jobs, even though more than 90 per cent aspire for such jobs.
less than 10 per cent engineering graduates interested to work in start-ups
Out of 1, 20,000 plus candidates, 91.82 per cent lack programming and algorithm skills, 71.23 per cent lack soft and cognitive skills, 60 per cent lack domain skills, 73.63 per cent lack English speaking and comprehension skills and 57.96 per cent lack analytical and quantitative skills. This report has an in-depth approach of exploring the skill gap in the country with an accurate and better methodology.
Out of the six lakh engineers that come out annually, only 18.43 per cent of them are employable for the software engineer—IT services role, while a dismal 3.95 per cent are appropriately trained to be directly deployed on projects.
For core jobs in mechanical, electrical and civil jobs only 7.49 per cent are employable. In contrast, 53 per cent engineers have software role as the most preferred job, whereas 44 per cent have core engineering jobs as their preferred role. This means 97 per cent engineers want jobs either in software or core engineering.