prospects-2005 After a long period of slowdown, retrenchment and bursting of the dotcom bubble, the Indian job market gained momentum this year. Chetna Keer Banerjee and Manoj Kumar find out which will be the hot jobs in 2005: “Openings in outsourcing will treble in UT” — Vivek Atray, Director, IT, Chandigarh Administration “In Chandigarh, BPO units are currently providing 3000 jobs. The trend is towards a large number of BPO jobs. Jobs in core IT or software services are more specialised and limited to quality professionals. Job forecast 2005: “BPO will continue to lead. Outsourcing is here to stay and will generate as many as 2 million jobs in the country in the next three years. In Chandigarh itself, the number of jobs in BPO units is likely to triple in the next one year with the commissioning of the Technology Park by February 2005. “Upcoming opportunities exist for Project Managers and Networking Professionals apart from Oracle and MCSE professionals. Knowledge management is an emerging but very specialised area that will provide few but quality jobs. “The services sector as a whole will boom. In the core IT sector, professionals will have to have in-depth knowledge of their skill-sets in order to move ahead of the pack.” “Jobs in telecom and pharma sectors on upswing” — Sanjeev Bikhchandani, CEO, naukri.com, a placement website The general improvement in the economy and rise in international demand for various products have led to growth of job opportunities in the BPO, marketing, telecom, pharmaceutical, manufacturing and retail sectors, among others. “In the North, most of the job opportunities are opening up in the big cities, especially in the NCR region – the Delhi, Noida and Gurgaon belt— besides Bangalore, Chennai, Hyderabad in the South and in Mumbai. The market trends indicate that the number of applicants and vacancies have gone up substantially this year in comparison to the previous year. Job forecast 2005: “I am sure that despite reports of slowing down of the economy, the current trend is likely to continue for the next 2-3 years. However, the market is looking for persons with right skills and professional approach.” “Many takers for event management” —
Pervin Malhotra, career consultant “A noticeable trend was the interest the youth evinced in event management and foreign languages as also the jobs of DJ, VJ and RJs. Interestingly, girls were more adventurous in making career choices, willing to explore out-of-the-box fields, while boys stuck to traditional options like engineering, management, IT, etc. “The mood among the youth was upbeat but under that veneer of confidence, they are bewildered and confused by the myriad career options that are now available to them. Job forecast 2005: “It is the alternate and unconventional careers that will come in the spotlight but the youth must undergo self-appraisal or aptitude assessment tests to decide which line is suitable from them. With coaching centers and training academies mushrooming in every nook and corner, it is essential to check out their authenticity.” “Banking, IT biggies scouting for local talent” — Prof Satish Kapoor, Chairman, University Business School, PU Forecast 2005: “This trend is likely to be carried forward in 2005. We expect similar, even better response, from employers during our placement programme in January next.” “NGOs set to attract B-school cream” — N. Srimati, Director (HR&OD), Actionaid, an NGO Job forecast 2005: “Besides increase in international and government funding in education, AIDS and other social projects, a number of companies are coming forward to finance reputed NGOs to help the weaker and disabled sections of the community. Consequently, NGOs are also looking for the right persons with reasonably good pay packages. The day is not far, when the cream of the IITs and IIMs will prefer this sector to the corporate sector.
|
|||
|
|
Scenario 2004: “At the national level, the Business Process Outsourcing (BPO) sector presented the maximum number of job opportunities, although the services sector as a whole was very buoyant in this regard.
Scenario 2004: “The market has done very well this year. After a slowdown for some years, the IT sector once again bounced back, with the result there was a shortage of professionals in this sector.
Scenario
2004: “While MBA remained the evergreen career choice, biotechnology and mass communication were the hot options this year. IT too was popular. And, of course, BPO sector was the big thing.
Scenario 2004: “This year saw a major shift in terms of the companies that came for on-campus recruitments and the average and maximum packages offered. The average package offered to the Class of 2004-05 was Rs 4.4 lakh per annum, while for the Class of 2003-04 it had been Rs 3.7 lakh. The maximum salary offered was Rs 8.5 lakh. This year, we had more of private banks and insurance companies coming for placements. Among the corporate biggies that came were HDFC Bank, ICICI Bank, Bharti and LG. From the IT sector, it was for the fist time that leading players like Wipro and HCL Infosystems came scouting for talent to UBS.
Scenario 2004: “There is no dearth of challenging jobs in this sector for the youth with an educational background of social work (like MSW, postgraduation in rural development or social sciences). “The NGO sector may not compete with the corporate sector in offering attractive pay packages, but a person with, say, MSW or MBA degree will get at least Rs 16,000 per month besides other emoluments. 
