We begin our graduation at a very young age. An eighteen-year-old does not have much understanding of the consequences that a subject will bring about in their career and jobs after graduation. The mind begins to shape up and perceive what the real world encompasses once the child enters their final year. At this stage, it very important that a sound and effective decision is taken with regard to the individual’s capacity and career. One must be aware of the best career option and jobs after graduation for them.
According to the Centre for Monitoring Indian Economy (CMIE), India is facing an unemployment rate of 23.55% in the year 2020 and this rate has only been growing faster. Now, a fresh graduate expects to have truckloads of opportunities and jobs waiting for them but the reality is far from this. All the zeal dies out when the student is met with either no job opportunity or a very low paying job. So, what should one do after graduation in India? To find something that interests them as well as pays well is extremely tedious after graduation. It ends up resulting in anxiety, panic as well as depression among many people. After all, this is the point in life that will determine the rest of the life that lies ahead.
Hence, it of utmost important to do your homework and research well to score suitable jobs after graduation:
Since the outbreak of the Corona Virus, there is definitely going to be a structural change in the work field. Demand and supply chains have been dismantled, industries have stopped functioning, people are scared to come out of their homes, and working from home has become a new necessity.
Thus, the million-dollar question over here is what one should do after completing their graduation? Which field or stream has the best scope in India in current times? Let us take a look at a list of the subjects that are bound to boost up your career options after graduation in 2020.
Human Resource Management is a management function concerned with hiring, motivating, and maintaining the workforce in an organization. It deals with managing people within the organization- recruiting, selecting, inducting employees, providing orientation, imparting training and development, providing benefits maintaining proper relations with employees and their trade unions, ensuring employees safety, welfare, and healthy measures in compliance with labor laws of the land and finally following the Orders / Judgements of the concern High Court and Supreme Court, if any. Masters in Human Resource Management (HRM) or a Post Graduate Diploma in HRM is one of the most sought after courses in today’s time. An HR manager is especially required in current times to take care of the workforce, coordinate their shifts as well as organizing online meetings. It can provide with best career options and jobs after graduation.
Type of Job: HR manager, HR recruiter, HR Director, Chief HR Officer
Average Human Resources (HR) Manager Salary in India: ₹7,11,015 per annum
Digital marketing is the use of the Internet, mobile devices, social media, search engines, and other channels to reach consumers. It utilizes the internet and online digital technologies to promote products and services. Digital marketing includes search result ads, email ads, and promoted tweets – anything that incorporates marketing with customer feedback or a two-way interaction between the company and customer.
The Digital Economy has been rising about 10 times faster than the traditional economy. It is creating a lot of jobs since it is budget-friendly and can be done within the comforts of the home. Especially now, people are jumping onto digital platforms much more than they previously were. Traditional companies are also co-opting to go digital. It can provide a plethora of jobs after graduation.
Type of Jobs: Digital Marketing Manager/ Performance Marketers/ PPC Executive
Average Salary Range: Ranging from 4 to 9 lacs depending on knowledge & qualification.
Data science is an interdisciplinary field that uses scientific methods, processes, algorithms, and systems to extract knowledge and insights from many structural and unstructured data. It is related to data mining, deep learning, and big data. Data scientists work closely with business stakeholders to understand their goals and determine how data can be used to achieve those goals. The design data modeling processes, create algorithms and predictive models to extract the data the business needs, then help analyze the data and share insights with peers. Data scientists are analytical experts who utilize their skills in both technology and social science to find trends and manage data. To get a job in this field, one could get a certification, masters, or diploma in data sciences after graduation.
Type of Jobs: Audit Manager, Credit Analyst, Investment Manager Insurance, Treasury Manager
Avg. Salary Range: Ranging from 3 lacs to 12 lacs
People involved in this field work for the betterment of individuals, families, communities, and groups in order to restore social well-being and enhance their lifestyle. These are the people that work the most in times of calamities, disasters, and the outbreak of diseases. They cater to the problems faced by people in need. The greatest examples of social workers are professionals/ NGO’s who are supplying food and other essentials to the poor in this time of Corona.
Masters in Social Work or a Diploma in related fields such as public health have gained much importance at this time. It will definitely provide a lot of career opportunities after graduation.
Type of Job: Fieldwork and research in NGO’s, Fundraising, Spreading Awareness
Average Salary Range: Anywhere between 2 lacs to 10 lacs per annum
Journalism remains an important occupation in the digital age. It requires extensive fieldwork, research as well as information on current affairs. The work of a journalist is to report an incident and impart all its details correctly, without adding on his/her own judgments. The individual should also have exceptional writing ability as well as the confidence to speak to the camera. Qualities ranging from strong analytical skills along with specialist knowledge can help you become a successful journalist. What to do after graduation? One can for sure do a diploma, masters, or a post-graduate diploma in Journalism to enter into this charming field.
Type of Job: Journalistic media include working in the sectors of print, television, radio, and Internet
Average Salary Range in India: Ranging from 3 lacs to 20 lacs per annum.
Psychologists are actively involved in studying and understanding mental processes, brain functions, and behavior. The field of psychology is considered a “Hub Science” with strong connections to the medical sciences, social sciences, and education. It is the science of behavior and mind. Masters in Psychology can enable a person to help people with mental issues. There are various fields one can specialize in:
The Major Branches of Psychology
The impact of Corona has taken a great toll on people’s minds. Remaining in quarantine and constant fear has instilled issues such as depression, anxiety, and restlessness. A counselor at such a time is much needed to bring about peace in people’s life. This work can be done online as well. So if one is interested in understanding the mindscape, this can be the best career option after graduation in India.
Type of Job: Counselling in schools, hospitals, colleges, asylums
Average Salary Range in India: Ranging from 2 lacs to 10 lacs per annum
Content creation is the process of generating topic ideas that appeal to your buyer persona, creating written or visual content around those ideas, and making that information accessible to your audience as a blog, video, info-graphic, or other formats.
It is a job profile that never fades. Whether it is creating content for TV, films, radio, cartoons, dramas, or the internet, it is always on a boom. And now that online platforms such as YouTube and Netflix have arrived, the access has been broadened. There is always a need for content and it can be done with limited money. If you have a creative mind, this can be the best career option for you.
Type of Job: Writing scripts for films, Tv series, videos, etc with production houses
Average Salary Range in India: Ranging from 2 lacs to 20 lacs per annum
Chartered accountants are professionals who work in various sectors of the economy, managing the finances of an entity, providing financial advice, and helping out with money management. This can be for a business, individual, or government. Since so many businesses are at a standstill right now, the need for managing finances has grown many folds. CA’s are highly efficient and calculative being with a strong hand at mathematics. The student needs to qualify a series of exams over a due course in order to be a certified chartered accountant. If successful, he or she is bound to land up with a number of jobs after graduation.
Type of Job: Financial planning, Accounting, Taxation and Auditing
Average Salary Range in India: Ranging from 4 lacs to 20 lacs per annum
Biotechnology is more critical than ever today. Biotechnology is a technology that utilizes biological systems, living organisms, or parts of this to develop or create different products. Modern biotechnology provides breakthrough products and technologies to combat debilitating and rare diseases, reduce our environmental footprint, feed the hungry, use less and cleaner energy, and have safer, cleaner, and more efficient industrial manufacturing processes. The primary applications of this technology are in medicine (production of vaccines and antibiotics) and agriculture (genetic modification of crops, such as to increase yields). Biotechnology also has many industrial applications, such as fermentation, the treatment of oil spills, and the production of biofuels. We need more and more scientists working to develop vaccines at this stage. The entire world is in need of biochemists at this point. Large parts of the budget of the country are going to be allocated towards biochemistry. If you are interested in the combination of biology and technology, this is what you should do after graduation.
Type of Jobs: Medical Officer, Radiologist, Medical Reps
Average Salary Range in India: Ranging from 6 lacs to 20 lacs
Economics is a social science that deals with the production, distribution, and consumption of goods and services. Individuals who decide to enter the field of economics should be the most certain about their careers. Since India is now adapting to the local manufacturing of products, the supply chains will be highly altered. The demand for goods has also seen a significant change. A huge collapse in the economy of India has also been predicted, therefore, economists are the need of the hour. So, just in case you’re wondering, which job would be the best after graduation? It would definitely be that of an economist. If you have a bachelor’s in maths, statistics, economics, engineering, or a related field, Economics would be one of the best career options for you.
Type of Job: Policy Making, Budget Creation, Financial Analysts, Banking
Average Salary Range in India: Ranging from 4 lacs to 20 lacs per annum
There are a lot of options and jobs after graduation so there is simply no need to panic. Just keep your spirits high and do whatever you intend to, ever so passionately!