Arena Careers

Enhancing Employability of Young India. Since 1998

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Image Courtesy: aarp.org

Unemployment has always been a thorn in the flesh for India. Recent trends are proving worrisome, especially for young aspirants prepping for a career in the real world. Centre for Monitoring Indian Economy (CMIE) data showed that the unemployment rate rose sharply to touch a 28-month high of 8.4% in the third week of April 2019. Since India’s Independence in 1947, unemployment has been hovering in the range of 5.74% (Average of 71 years). While the lowest unemployment rate was 2.9% (in the year 1953), the highest unemployment rate of 9.7% was registered in the year 1982.

The current rise in unemployment presents a disturbing picture highlighted by shrinking jobs and expanding pay crisis. While this trend can be attributed to several factors including slower job creation w.r.t the number of fresh graduates joining the workforce every month, one of the key reasons is sub-standard education for students which fails to provide them suitable jobs. As a result, many settle for low-salary, non-core jobs to earn a living and are thus not gainfully employed, while others remain unemployed for long periods, up to two years in many cases.

This begs the question: What’s the point in churning our degree-holders who lack employability skills and are unfit to be a productive part of the workforce? And spare a thought for the millions of career-aspirants who invest precious resources with the dream of gainful employment.

The book ‘JOBONOMICS’* by Goutam Das presents an in-depth analysis of India’s employment crisis. With hard-hitting facts and real stories, the book highlights the magnitude of the problem and the immediate focus needed on skills-oriented education stating that “India has a culture of knowledge, not one of skilling.”

This culture has been impacting sectors across India for many years now. In fact, this piece is a continuation of our previous blog which touched upon the job crisis, pointing to the fact that unemployment is more prevalent in mainstream career pathways such as Engineering and Management which were until now highly sought-after and appealing.

Lately, Engineering has been in the news for all the wrong reasons. India produces 1.5 million engineers every year but barely 7% are employable according to an India Today Web Desk Report. In fact, a McKinsey report red-flagged the issue a decade ago revealing that only a quarter of India’s engineers were actually employable. This trend is influenced largely by the outdated and sub-standard education (inadequate, irrelevant and inferior) paradigms not just in engineering but management, science and arts too. Virtually every discipline is riddled with the same issue: sub-standard education leading to low employability of graduates.

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Creative Multimedia

How can India tackle this problem of low-quality education? Leading the way for academies/colleges across disciplines/sectors in India is Dilsukhnagar Arena, a revolutionary multimedia institute focused on experiential and innovative education. For over 21 years now, Dilsukhnagar Arena has been singularly committed to Enhancing EmployabilityTM. The famed institution widely acknowledged as the Largest and Best Digital Media Academy in India has successfully skilled over 26,000 students and enabled fruitful placements for them at top companies.

Here’s how Dilsukhnagar Arena got it right…….right from the beginning!

Driving Knowledge: To ensure that education evolves at the same pace as industry, Dilsukhnagar Arena works closely with top recruiters to update its multimedia courses according to current talent needs. This helps equip students with advanced knowledge to stay at the cutting-edge of the discipline and to be recognized as well-informed and industry-relevant talent.

Building Communication: Despite a sterling academic performance, candidates with poor English language skills can lose out on jobs as, English – the common language of the corporate world, is a vital employability skill. Dilsukhnagar Arena affords students a strong grounding in English to enhance their employability and to equip them with this vital advantage so they can stay confident during the interview and at the workplace.

Improving Competence: In most cases, education is not industry-aligned and fails to prepare students for employment. The resulting skill gap ensures that students are not readily employable. Dilsukhnagar Arena thrives on experiential training to close the skill gap through a variety of hands-on training programs: the reason for the high employability quotient of Dilsukhnagar Arena students and the academy’s popularity as the first port-of-call for leading recruiters across industries.

That’s not all, Dilsukhnagar Arena’s prolific mentoring, learning resources, and value-additions, all add to the superior training programs which are designed with the singular goal of Enhancing EmployabilityTM. Acknowledged for its benchmark training, Creative Multimedia, Dilsukhnagar Arena’s parent organization has been bestowed with the Best Digital Media Academy in India Award (thrice) and the Award for Academic Excellence (twice) by many reputed organizations.

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Having facilitated employment for over 26,000 young Indians till date, Dilsukhnagar Arena Institute, with a rich legacy spanning 21 years, has contributed its bit to nation building ever since its inception way back in 1998 and is a veritable role model not just for Digital Media but for other disciplines across the board including Engineering, Management and Science in India.

Education must be a productive instruction and training procedure designed not just to impart knowledge but also help develop skills, especially for young people in colleges who are the immediate future of the nation. Irrespective of the discipline and the academy, the need of the hour is to scrap/refresh outdated curricula to meet the current industry requirements, ensure improved and adequate training infrastructure, and introduce experiential programs designed in collaboration with industry experts so that students acquire relevant, job-ready skills. This will help enhance the quality of education and improve student’s employability.

The goal should be to empower students with high employability skills and put them on the path to productive employment with better jobs and more rewarding work: the key to the improved socio-economic progress of India.

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*More on this in our next blog (other factors such as technology which are poised to impact employment in a big way in the near future).

 

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Arena Careers

Digital Media Mania!

Growing preference for Digital Media & Entertainment careers over hitherto glamorous pathways such as Engineering and Management.

Creative Multimedia

Mayank was possibly in the happiest phase of his life. All of 22, the relief from chucking studies for good was visible on his face. Fresh as a dewdrop, the newly minted graduate was upbeat about his career and raring to step into the real world. A lucrative job, the satisfaction of standing on his own two feet and the pride in his parent’s eyes; his dream future was just before him. Sadly, life didn’t play along and the dream went bust. Mayank, an aspiring Engineer from a reputed college now finds himself jobless, even a full year after graduation.

His father, an employee with a Hyderabad-based PSU is a worried man. Mayank, from Dilsukhnagar Hyderabad, completed his B.Tech in Mechanical Engineering and was keen on building a career in the manufacturing sector. Unfortunately, he was unable to get a job through his skills are highly relevant in industries such as Aerospace, Automobiles, Defense, Electronics, Infrastructure, Marine, Metals, Oil and Gas, Pharmaceuticals and Energy.

Mayank’s case is not an isolated one. This is the plight of lakhs of engineering graduates in India who find themselves stuck between a rock and a hard place. The employability rate of fresh graduates is declining steeply. Studies indicate that nearly 40 percent of the 15 lakh engineers India produces every year are not readily employable. Another study by ASSOCHAM reveals that only 7 percent of MBA graduates are employable. With the exception of government-run IIMs (Indian Institutes of Management) and a few others, a majority of the 5,000+ business schools in India are producing ill-equipped graduates who are unable to find gainful employment.

While there are several reasons for this sad state of affairs including the obsolete curriculum, and poor training, one of the key factors is the mushrooming of engineering and management institutes and the widening demand-supply gap with more graduates chasing fewer jobs.

While students across career streams, and the industry, in general, are grappling with this crisis, nowhere is it more concentrated than in hitherto mainstream career pathways such as Engineering and Management. As a result, students are increasingly scouting for superior alternatives. In the recent past, the academic sector has been witnessing a major shift to digital media and other new-generation career pathways which are proving to be more rewarding, secure and growth-friendly.

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Image Courtesy: Linhart PR

The Indian Media and Entertainment (M&E) sector is going great guns, growing at 13.4% year-on-year (YOY) to touch INR 1.67 trillion in 2018. It is expected to cross INR 2.35 trillion ($33.6 billion) by 2021, at a Compounded Annual Growth Rate (CAGR) of 11.6%, according to a FICCI and EY report. The movie industry, of course, is a major contributor to growth. Just one look at the index of films in leading film database websites will give you an idea of the huge business generated annually. The M&E sector is entering a phase of accelerated growth, powered by many factors including new video streaming platforms, the spread of regional content, growth of smartphones and penetration of affordable broadband. Truly, these are exciting times and a harbinger of the huge growth ahead for the M&E industry.

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This huge growth is likely to translate into a plethora of jobs and boost opportunities for students learning Animation, VFX, Gaming, Graphic Design, Web designer courses and UI/UX Design courses. In fact, the media and entertainment sector’s growth is directly proportional to the population growth, as virtually every individual consumes entertainment in some form or the other. In this context, it’s safe to say that a career in M&E offers a secure and stable future with strong potential for career growth.

Today, jobs in media and entertainment are becoming more and more attractive. In fact, exciting and rewarding job opportunities exist not just in M&E sector companies but across other businesses including Animation & VFX Studios, Gaming Studios, Film Production Houses, Television Channels, Content Production Companies, Advertising & PR Agencies, Digital Marketing Firms, IT & ITeS Enterprises, Infrastructure & Real Estate Companies, Education & Training Companies, Pharma Research Firms, Industrial Design Agencies and e-Commerce & e-Education companies to name a few.

While an Animation/VFX/Gaming fresher commands INR 25,000 – 30,000 per month as starting salary, Graphic and Web Design freshers command INR 20,000 – 25,000 per month in the job market depending on various factors including the recruiter, the job role and the candidate’s caliber. Importantly, as this is a highly creative field, the growth potential is unlimited. Exceptionally talented candidates with 5+ years of high-quality experience are well-positioned to attract six figures salaries and more.

Some of the big recruiters of digital media talent across industries include Walt Disney Studios, Amazon, Deloitte, HCL, Infosys, Microsoft, MPC, Technicolor, TCS, Prime Focus, Deluxe Digital, Cyient, Prana Studios, Makuta, Green Gold Animation, Reliance Digital, DQ Entertainment, Orient Blackswan, Thomson Reuters, Tech Mahindra and EA to name a few. All these companies are many sought-after companies offering rewarding jobs with tremendous scope for career growth.

The shift, or perhaps more appropriately, ‘Exodus’ from conventional career streams to Digital Media & Entertainment is visible and is gaining traction even as technology and trends unshackle growth.

P.S.: Watch out for our next blog “Enhancing Employability of Young India. Since 1998”, a narrative on how India’s best digital media academy has been playing the training game smartly to help its students avoid the “unemployability issues” plaguing fresh graduates of engineering and other mainstream disciplines in India.

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Arena Careers

Career confusion? Consider a flourishing future in Digital Media and Entertainment.

 

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A bewildering choice of career options confronts many youngsters who are eager to take a call on what could well be the most important decision of their lives. Right until the late ’80s and early ’90s, youngsters were relatively less burdened with this decision, as there were just a handful of career pathways to explore. It was always a toss-up between Engineering and Medicine or Arts and Commerce or perhaps Management and Mass Communication. Other paths were either not considered mainstream, not well-paying enough or had comparatively poor scope for career growth.

Fast forward to this day and the career landscape has undergone a transformation so vast, it was unthinkable two decades back. The rapid onslaught of technology, especially the advent and penetration of internet + IoT has created a whole new business eco-system demanding an army of digital artists and tech-geeks, particularly, in the Digital Media and Entertainment (DME) space.

With the vast array of jobs in DME including 2d Animation, 3d Animation, Visual Effects (VFX), Gaming, Web Design, UI Design, UX Design and Graphic Design in addition to such fast emerging prospects in Virtual Reality (VR) and Artificial Intelligence (AI), there is no dearth of career opportunities.

As per a report by FICCI-Ernst & Young (EY-reimagining India’s Media Sector-March 2018), India’s vibrant M&E Industry is on the cusp of a strong phase of growth and is poised to grow from INR 1,157 billion in 2015 to reach INR 2,260 billion by 2019, at a CAGR of 14.3%, thrice the global M&E industry growth rate. The unprecedented disruption offers several opportunities for companies which in turn could lead to strong growth in jobs for digital media career aspirants.

A career in DME is fast gaining acceptance as the ideal alternative to conventional careers owing to several factors including greater job satisfaction, a better scope for growth and higher rewards. Digital is, in fact, reshaping the global workforce. With technology influencing virtually every sphere of our lives, it’s safe to day that digital is here to stay and a career in this exciting industry offers a bright future.

In fact, since sectors such as animation and VFX in the DME industry are largely creative fields, it’s not uncommon for passionate artists with an innate talent for art to prepare for a career in the movie or television industry in India by pursuing the best 3d animation courses right after 10th class itself. However, the key to breaking into the industry is to ensure a solid grounding in the discipline by researching the best vfx and animation colleges in India and choosing the most reputed and passionate academy. The same holds true with students intending to pursue web and graphic designing courses.

For individuals with a passion for creativity, the DME industry presents a sea of career opportunities. All said and done, it’s ultimately what inspires and excites you. As the classic quote by Confucius goes:

“Choose a job you love, and you will never have to work a day in your life.”

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