Jobs are multiplying for commerce students with the emergence of new areas,
writes Sunit Dhawan
Commerce has always been one of the most sought-after disciplines
for career-oriented students. Its scope and significance have
witnessed an upsurge with the advent of globalisation and fast-paced
economic growth. The field of commerce
includes subjects like management, finance, accounts, economics,
statistics and business administration. A host of professional study
programmes are now available in all these traditional
specialisations as well as many emerging areas. Commerce graduates can
go in for any of these specialised courses of their choice,
following which they stand a fair chance of getting a placement.
Forget the game, if you can dance your career is secure in new-age cricket.
Choices galore for commerce grads
been a major addition in
the job opportunities for commerce students, says Dr N.K.Garg,
Professor of Commerce and Director, Distance Education at MDU,
Rohtak. Excerpts from an interview:
developments have affected job opportunities in commerce?
The economic boom in
this era of globalisation, along with the vast expansion in banking
and insurance sectors, have brightened the career prospects of
commerce professionals. The area of financial planning and
management has also witnessed an upsurge.
The Tamil Nadu Agricultural University has proposed to establish a
Nanotechnology Centre at a cost of Rs 10 crore. Nanotechnology
would help develop technologies that would reduce emissions and reduce
the use of raw materials promising faster and cost-effective solutions
for pollution treatment, TNAU vice-chancellor C. Ramaswamy has said.
retention biggest HR challenge
Retaining employees in today’s competitive market is one of the
biggest HR challenges. According to industry watchers, 15 to 20 per cent
of today’s HR budgets are set aside for attracting and retaining
skilled manpower. Companies are
experiencing a severe scarcity of trained and qualified people. The
major challenge faced by the recruitment industry is of excess demand
compared to the supply of qualified people emerging from educational
Cracking problems at work
Problem solving, the scientific way, is a key to career success. A
problem properly stated is half solved. Albert Einstein was once
asked, "If some imminent disaster threatened the world and you
had one hour in which you knew you could save it, how would you
spend your time?" Einstein thought a moment and then replied,
"I would spend the first fiftyfive minutes identifying the
problem and the last five minutes solving it. For the formulation of
a problem is often far more essential than its solution, which may
be merely a matter of mathematical or experimental skill."
rupee acts pricey with IT jobs
Hiring slows down in 2007
Piyali Mandal & Mansi Taneja
The Indian IT sector, credited with India Inc's strong image globally,
had to sail through rough waters last year as incremental rise in the
value of rupee created turbulence in an otherwise sunshine sector. The
rupee, which rose by over 12 per cent against the dollar this year, has
slowed down the hiring plans of companies like Infosys, Satyam and HCL
Technologies and also put pressure on their margins.
Rising salaries major
concern for ITeS, BPO industry
Rising salary levels have become a major concern for the ITeS and
BPO industry, which is followed by rupee appreciation and shortage
of skilled manpower, according to a report. "Majority of the
ITeS and BPO companies rank rising salary levels as the major
concern affecting or likely to affect future growth of the
industry," a report on the Indian IT and ITeS industry by Dun
and Bradstreet said.
Q Although I am academically bright and can pursue any other line,
I’m thinking of going into teaching — particularly at the junior
level. What are the prospects of a teaching career vis-`E0-vis one in
the corporate sector?