Monday, January 26, 2009

Excerpts on Recession, IT industry and students’ choices

 

Education Plus The HINDU

Time to upgrade/hone your skills!

…”The industry and the market will definitely look up and in the meantime the students should not lose focus. They should utilise the time to upgrade themselves with higher education. The IT boom had relatively closed the door for higher education and it is now time to get back to it,” says the Secretary of GVP.

 

Keeping aside dreams of financial independence, several freshers are looking at sharpening their resumes with certificate courses.

Upgrade and wait till the temporary phase ends” to emerge stronger.

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Emphasis will also be given to IT education. This will help the state develop a talent pool, so that when the downturn ends, it will be ready to cater to the needs of the industry.

……………..West Bengal IT Minister Debesh Das

Need for specialized courses

Industry sources want the leading private institutions to introduce a one-year PG programme for IT students passing out of their colleges this year

“Since recruitments are expected to be on a low side, and the students need to be gainfully occupied till the industry recovers,

 

Predicted recovery

“…Students should shape their skills for employment in 2010,” reasons a communications manager of a leading IT company.

It is estimated that by 2010 things will look up and the students should utilise this time by taking up higher studies. All these years we have been floating in a bubble and the actual scenario will surface, post recession. Hence, students should arm themselves with sufficient subject knowledge, to take the first 15 per cent cream of the renewed IT sector,”

  -- Placement officer of Andhra University

Recession and existing VLSI workforce – quotes from industry watch

The IT sector can never crash, as still 95 per cent of its area is left unexplored. The recession is only a temporary phase... The people who are on the bench need not get depressed and instead work on improving their skills.

--- The Vice-Chancellor of JNTU

 

“For the excess resources, the option of going on leave without pay for higher studies or pursuing other interests has been provisioned,” Head of HR Practices @Sasken explained.

 sasken