What Labor Markets Tell Engineering Graduates in 2022 and Beyond | Local Business News

What Labor Markets Tell Engineering Graduates in 2022 and Beyond

The coronavirus pandemic has had its impact across all sectors, with young students seeking careers in their respective fields being left behind. Companies in the engineering sector, known for offering high pay packages to recent graduates, have also been hit hard. While 2021 has been a tough year for engineering graduates, 2022 brings hope despite a lingering threat from the Omicron variant of the virus.

To prepare for the future, it is essential that engineering students are aware of industry demands. Instilling essential skills along with knowledge of the latest technological advancements will be helpful, given the increasing competition in the job market.

Skills that will be in demand

Problem-solving skills, effective communication and project experience will earn you grace points if you are a recent engineering graduate applying for jobs in 2022. According to the 9th edition of India Skills Report, ISR 2022, these skills will be in high demand this year and beyond. Apart from that, according to a LinkedIn survey, the demand for blockchain programming will make waves in 2022. It was the most in-demand skill last year, according to the report.

Data science, programming, cloud computing, cybersecurity, augmented reality (AR) and virtual reality (VR) are other in-demand skills, around which engineering students can excel and explore opportunities for use. In addition to this, many employers consider candidates who have undergone training through government-run training initiatives.

High demand for engineers in startups

This is the age of startups and they are looking for dynamic young engineers who can think outside the box and work cross-functionally. Most engineering schools today have an incubation center, which helps nurture and develop an entrepreneurial spirit among students. Through incubators, these colleges also provide the necessary assistance for students to create a successful startup.

As there is a dearth of employment opportunities due to the pandemic, entrepreneurship has become an essential resource.

Sectors with high demand for engineering positions

Digital transformation and innovation in new technologies have led to a dramatic increase in demand for tech talent across all industries. The demand for Engineering and BE/B.Tech graduates is increasing year on year due to the development of new technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Internet of Things (IoT) in industries such as IT/ITeS, BFSI (Banking, Financial Services and Insurance) and Pharmaceuticals. Internet businesses have also proliferated along with tech startups, creating a plethora of opportunities for engineering students.

The e-commerce sector has seen a major boom during the pandemic. Major e-commerce companies such as Amazon and Flipkart have been on a hiring spree, eyeing entry-level professionals with between one and five years of experience.

The software, hardware, and computing industries are still open to engineering graduates, although there is fierce competition in this space. However, candidates who want to explore something new can opt for e-commerce and startup-based engineering roles.

Improving skills will help in career progression

Due to advances in technology and the rapid emergence of new skills, hiring in the future will be based on skills, not just credentials. Retraining and upskilling are imperative in the age of new technologies, as any stagnation would render an employee redundant.

Requalification is not just about teaching people how to use a new device because gadgets today become obsolete within a year. Instead, the skill-enhancing experience should be one that involves learning to think, act, and thrive in a sustainable digital world.

Colleges should support and encourage a student-led approach to innovation, as it is more effective to let them choose what they want to learn. They should encourage students to use newly acquired skills to improve their understanding and build their confidence. It was found that those who resisted change and became the first to learn new technological innovations were the least affected by the economic downturn caused by the pandemic.

Be resilient and open-minded

Engineering students or graduates should be resilient and have a very open and flexible mind regarding their professional life. They should be open to the idea of ​​temporary and freelance job opportunities as the gig economy trend is booming. They should not lose opportunities and experience if getting a permanent job takes longer.

As the world faces a major health crisis, hiring in the pharmaceutical and healthcare industry has particularly increased, leading to an increase in demand for qualified engineers. Online teaching and learning has flourished and working from home (WFH) has become the new normal. The WFH culture will stick around for a while, at least in hybrid mode. Companies hire through online interviews and assessments, while technology enables a job ecosystem without the physical presence of employees.

The author DR. Pankaj Sharma is the Director of Placement and Admission at JK Lakshmipat University, Jaipur. The opinions expressed are personal.

(Edited by : Kanishka Sarkar)

Eleon Lass

Eleanor - 28 years I have 5 years experience in journalism, and I care about news, celebrity news, technical news, as well as fashion, and was published in many international electronic magazines, and I live in Paris - France, and you can write to me: [email protected]

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