In an ever-evolving job market, the question of whether pursuing an engineering degree remains a 'safe' choice is a pressing concern for students. This article delves into the current landscape of engineering education in India, informed by recent reports from the All India Council for Technical Education (AICTE), and offers insights into the future prospects of engineering graduates.
Engineering has long been considered a prestigious and lucrative career path in India. However, the quality of education provided by numerous engineering colleges has come under scrutiny. While elite institutions like the Indian Institutes of Technology (IITs) and top engineering colleges in regions such as Punjab maintain high standards, the majority struggle to meet industry requirements. This mismatch has led to a decline in admissions and the closure of several engineering colleges.
Recent AICTE reports paint a stark picture of the engineering education sector:
AICTE has taken decisive action in response to these trends:
A study by Aspiring Minds, an employment solutions company in New Delhi, revealed alarming statistics about the employability of engineering graduates:
AICTE data shows that only 41.36% of students from top engineering colleges secured jobs during the 2015-16 placement season, despite a pass rate of 78.67%. The placement rate has stagnated around 38.17% since the 2013-14 academic year. Aspire Minds reports that approximately 80% of Indian engineering graduates are unemployable, with many forced into non-engineering roles or facing unemployment. Automation is cited as a key factor in the reduced intake of IT engineers, with predictions that 40% of jobs globally could be lost by 2021.
The data and reports serve as a wake-up call for the future of engineering. Aspiring engineers must carefully consider their options and the changing dynamics of the job market before committing to this field.
For more detailed statistics and insights, refer to the AICTE reports and studies by Aspiring Minds.
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