An experienced graduate degree holder earns 31% more than a college graduate, and the unemployment rate is 19% higher. An experienced graduate degree holder earns 21% more than a college graduate, and the unemployment rate is actually 6% higher. An experienced graduate degree holder earns 16% more than a college graduate, and the unemployment rate is 10% lower.
Maybe you don’t even need a graduate degree
- Unemployment is a ticking time bomb because close to a third of the nation’s youth aren’t working, studying or under training, according to the World Bank.
- Their courses also teach students the process involved in scientific rearing of tilapia, catfish, shrimps, loaches and other ornamental fish.
- However, for some industries the benefits of going to graduate school are comparatively low and don’t justify the extra investment.
- The University Grants Commission (UGC) has recently released a list of 21 fake universities operating in various states and union territories across India.
- Journalism turned out to be the most regretted college degree while computer and information science degrees, and criminology degrees were the most satisfying.
Poorly-trained teachers, an exam system that rewards rote learning and teaching institutions that don’t meet the needs of industry, are some of the reasons graduates face a skills deficit, says Varun Aggarwal, cofounder of Aspiring Minds. According to a report released this year by the Azim Premji University’s Centre for Sustainable Employment, people with a graduate degree are more than twice as likely to be unemployed than the national average. The findings are based on surveys of 160,000 households across the country. The report also says women are more likely to be unemployed than men. For roughly 50 fields, we calculated how much more money a graduate degree will bring and the difference in unemployment rates for those with a post-college degree.
One of the students who studied there said it was easy to secure admission and get a degree without attending class. This fascinating course was hand-crafted and designed specifically for all animal lovers and enthusiasts. While it is still a relatively new career option in India, the concept of pet grooming is slowly gaining popularity.
Top 10 most regretted and most loved college degrees Journalism turns out to be the most regretted!
Around the world, students are increasingly pondering the returns on a degree versus the cost. Higher education has often sparked controversy globally, including in the US, where for-profit institutions have faced government investigations. These ratios are pretty evident in showing that for the majority of the students these top colleges are only a far fetched dream. “We do know, however, that the emphasis has been on meeting targets and pushing people through the programme, with no clarity on them securing jobs or gaining employable skills,” says Basole of the Centre for Sustainable Employment.
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This is exactly why we need trained specialists who are not just well-versed with certain disciplines like engineering, architecture, law, economics or management, but also in urban policy. So if you’re looking for an opportunity to improve the quality of life offered by urban spaces, this would be a good start. Small private colleges with incompetent teachers, irregular classes, outdated curricula, and no opportunities for on-the-job training, are making the country’s workforce more unemployable, per Bloomberg. Some of the tech world’s top executives, like Alphabet’s Sundar Pichai and Microsoft’s Satya Nadella, come from India’s top colleges. But scores of people with worthless degrees — who’ve graduated from lesser-known private institutes — lack the basic skills required to secure a job, per Bloomberg. Before the name of this course makes you jump to conclusions, let’s start off with a disclaimer — this course does not teach people how to fish, however great that would be.
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The Modi administration is also trying to address the shortcomings in the education sector in its 2020 new education policy, committing to improve the quality of its institutions. It’s also begun the process of allowing leading foreign most useless degree in india universities to set up campuses and award degrees in the country. STEM jobs are usually the highest-paying and this is the factor that makes job seekers love or regret their college degrees later in life. Degrees in computer science and related fields are high in demand in the digital space and the average salary is pretty high as well. The UGC’s list of fake universities in India highlights institutions that lack official recognition and cannot offer valid degrees. It helps students avoid enrolling in unauthorized and fraudulent universities.
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If you’re passionate about food, and live to eat instead of eat to live, food technology is right up your alley. This course that was developed to cater to the need for skilled hands in the nascent industry of food processing. Here, you would analyse the chemical, physical and microbiological makeup of food when it is processed, preserved, packaged and stored so that you can work towards improvising methods to improve quality. Post graduation, the career scope would explore food processing industries, research laboratories, hotels, soft drink factories, quality control, rice mills, manufacturing industries, and even distilleries. One study by the human resource firm SHL found that only 3.8% of engineers have the skills needed to be employed in software-related jobs at start-ups. India’s education industry is projected to hit $225 billion by 2025 from $117 billion in 2020, according to the India Brand Equity Foundation, a government trust.
In a recent case reported by Indian media, nearly a third of the 93,000 applicants for 62 police courier jobs in the state of Uttar Pradesh had doctorates. More than 80 percent of Indians work in jobs without regular pay or social benefits, according to the International Labour Organization. In the cities, they are employed as street vendors, construction workers and in mom-and-pop shops, or as labourers on farms and in fields.
One Bhopal resident, 25-year-old Tanmay Mandal, paid $4,000 for his bachelor’s degree in civil engineering. He was convinced the degree was a pathway to a good job and a better lifestyle. He wasn’t deterred by the fees that were high for his family, which has a monthly income of only $420.
- So if you’re looking for an opportunity to improve the quality of life offered by urban spaces, this would be a good start.
- Imagine studying the ins and outs of an entire museum, not just in terms of the procedures behind its organisation and management, but the collection, its documentation and research, and even the security required to keep everything safe.
- An experienced graduate degree holder earns 19% more than a college graduate, and the unemployment rate is 16% lower.
- Experienced college grads earn an average of $56,000 a year, while experienced graduate degree holders earn $65,000 a year, on average.
- Highways are lined with billboards for institutions promising job placements.
The Tamil Nadu Fisheries University (TNFU) was set up by Tamil Nadu Fisheries Industry owing to the importance of the fisheries sector in the Indian economy. It focuses on aquaculture based studies, such as adopting scientific methods to harness maximum benefit with minimum input without harming the environment or exhausting natural resources. Their courses also teach students the process involved in scientific rearing of tilapia, catfish, shrimps, loaches and other ornamental fish. And to top it off, they even work towards diagnosing fish diseases and testing the quality of fishery products, thereby working towards increasing productivity and sustainability of livelihood. While some colleges provide inadequate training, a private university in North India went one step further, and sold fake degrees.