Future of Education

The Future Of Education

India is the second fastest growing economy in the world. The financial sector is growing @ 40% and the demand for financial professionals is increasing by leaps and bounds. For every Chartered Accountant and MBA (Finance), there are atleast 10 more people required in critical support functions in the finance sector. A study by the Ministry of Human Resources and Development puts the shortage of finance professionals at more than 2 lakhs in 2009. The industry estimates say that nearly 80% of all graduates in India are unemployable since they do not have the required skill sets.

While the Indian economy is poised to move on a double-digit trajectory, dearth of skilled manpower has proved to be a deterrent for many industries in this country. Time and again, industry has expressed concern over the shortage of skilled resources in India. Here, we would like to put few facts for your attention:

  • India has about 300 million unskilled employable people
  • Only 2-4% of the population learns a skill or trade
  • Manpower shortage has led to faster hike in wages of skilled manpower
  • Little connect between education and employment
  • Present economic growth is unsuitable if the work force does not acquire right skills to support a knowledge and technology driven industry
  • People in relevant technical expertise lack basic communication skills

First, the problem was of monopoly, now the availability of quality. While the infrastructure is beefed up, the problem lies in meeting demands at an affordable price. Thus follows the saying "water water everywhere, not a drop to drink". When questions are unpredictable, your answers should not be and therefore we wish to arm the Indian youth with the most trusted, widely acceptable and rigorously tested methodology ever conceived, as there is no compromise in learning and life.



 
As a franchisor, Nexgen stands amongst the best company's dedicated team, support activities, quick response to busines...
- by Rajiv Katoch

Being a mechanical engineer, I stepped into the field of Computerized Accountancy through Institute of Computer & Financ...
- by G. S. Oberoi










The Institute Mission Statement ICFe Edge Message From CMD Board Of Directors Executive Team Consultants / Partners
Head Office Overseas Office Regional Offices Centers Query Feedback