Enhancing Employability of Management Graduates Through Skill Development

Abstract

Employability is more than about developing attributes, techniques or experience just to enable a student to get a job, or to progress within a current career. It is about learning and the emphasis is less on 'employ' and more on 'ability'. In essence, the emphasis is on developing critical, reflective abilities, w ith a view to empowering and enhancing the learner. The present research is an attempt towards the analysis of employability skills, viz.,the survival skills, for the young business gradates who may pursue their professional life . The study tries to answer a few questions like 1) What is the role of business schools in producing useful graduates for recruiting organizations w ith employability skills (survival skills )and, 2) How can classroom knowledge be integrated with workplace knowledge in the education process. It is well understood from the research that there is significant relationship between survival skills imparted by the educational institutions, during their academic tenure and employability options. Introduction: A strong Indian economy which is vying to be an economic superpower by the year 2020 means a robust industrial growth, strong pool of foreign capital pooled with RBI, sound infrastructure, better standard of living, better per capita income, better employment opportunity for all, mature financial markets,100%financial inclusion, better amenities and hygiene facilities. India with a steady growth and the right environment has been and will continue to attract the world business community . But it is the HR eco-system that will make the wheels of industry turn . Without it, start-ups can't get started and established companies can't weather the tough times or make the investments needed to gear up for the boom times. In this paper the focus is on six of the most important characteristic necessary to enable India to climb the pinnacle of success- a right hiring process, effective training programs, motivated engaged workforce, steadily developing global-class leaders, efficiently managing crisis and wholeheartedly undertaking change initiatives . With a meagre 2.4% of existent landmass, India has been a homeland for 17 .5% of total population of the globe. The distribution of Indian population is concentrated more in urban landscapes throughout the country. After almost eight decades after independence, though India is gradually making her way to be among economically developed nations, the pace of development can be accelerated largely with a right approach to an all-inclusive progress. Diversity has been a unique identity of the nation, but the populace is largely diversified being clustered based on multiple verticals such as economy, education, location, caste and community.