Post recession and the slowdown, what kind of a career should a student look for?
No job is secure. For some, recession just becomes an excuse for attrition in a company. If there is a recession, which by the way, happens cyclically, that means that a company will still hire people because people will retire, but not that many as they would need when there is a boom. In such a scenario, students must look for making a career in the areas that they are passionate about. There are some sectors that are resilient to the effect of recession and slowdown.
Could you name a few sectors that are resilient to the effects of recession and slowdown?
Education, infrastructure, defence, pharmaceuticals and healthcare are some of the recession proof sectors.
What is the need for specialisation in different areas?
There is a need for super specialists across the board. Students who do their specialisation/super specialisation get many opportunities and they are almost immediately absorbed into the workforce. Specialists in any area, not just doctors but even business are in great demand.
What is your advice to students who will be entering the industry?
Students who will be making a career need to understand that making a career is a long-term investment and so they must not look what the ’hot’ jobs because they will fade away. It is better to make a career and do something that one loves doing. Skills such as multi-tasking, proactiveness, willingness to get out of the comfort zone are prized qualities that the employer wants.
Source : My Education Times
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