How Online Skill Training Startups Shifting Focus From A University-Based Curriculum To A More Industry-Oriented Training Approach
A college education may be seen as necessary today, but it is becoming increasingly less relevant for professional success. One of the primary reasons for this is the rising popularity of online skill development platforms and their effectiveness in teaching new skills. Consider what made an engineering degree highly prized over the last three decades? The initial growth of the IT Industry in India created a huge need for analytically bent and skilled employees for which trained engineering graduates looked to be the best bet. Since IT companies were eagerly hiring these engineers, many more people chose to study engineering due to the guarantee of a job. The IT boom in India across the 1990s and 2000s ensured that more high school students chose engineering as their preferred undergraduate studies with a guaranteed job in the IT sector irrespective of the engineering stream they pursued. However, over the last few years, these companies have realized that they had to train graduates they had recruited. The need for additional training after recruitment is a massive added cost for the company. Simultaneously, students who completed college also realized that they had learned little during their undergraduate / graduate studies. In short, an increasing number of students and employers realized that the degrees that had been awarded were not as useful as they ought to have been and a much needed change is on the horizon
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