The study also notes that fears of a weakening economy have led some students to be willing to adjust their job search criteria by accepting a lower salary (selected by 36 per cent); broadening their search by industry or skill area (31 per cent); accepting the first job offer (25 per cent); looking for a job in a different country (25 per cent); looking for a job in a different city (24 per cent); and compromising on job requirements (24 per cent). |
Engineering, computers and math are the top professions chosen by Indian graduates, while technology consulting, communications, or electronics are the preferred industries/sectors for work.
The silver lining to the cloud is that while nearly half (46 per cent) of the Indian respondents were concerned the weakening economy would affect their job search, they were far less concerned about the weakening eco-nomy than university students orldwide (63 per cent).
Besides, despite concerns about a challenging job market, many Indian respondents said they would trade off some salary to work for a prestigious company, have interesting work or the opportunity to gain global experience.
The study also finds that more Indian respondents expect to have a full-time job within three months of graduation compared to respondents overall and over half (53 per cent) of the India graduates will graduate without any student loans. For most, loans will not exceed Rs 4 lakh.
Only half of the India respondents expect to work more than 40 hours per week in their first job; 44 per cent said they are concerned that they won't be able to keep up with interests outside of work; and 41 per cent said their skills and unique talents will be underutilised by employers.
