logo
Old careers continue to remain relevant, say experts

Old careers continue to remain relevant, say experts

The Hindu2 days ago

At the webinar on 'Emerging Careers 2030: Why Humanities and Sciences Hold the Key', organised jointly by SRM Institute of Science and Technology and The Hindu, experts emphasised that relatively old careers continue to remain relevant.
Pro Vice-Chancellor at SRM Institute of Science and Technology Vinay Kumar and Founder and CEO, Inomi Learning, Gurugram, Richa Dwivedi Saklani spoke of the several emerging career opportunities for students studying sciences or humanities.
Mr. Kumar said that while AI, green economy and sustainability, logistics and e-commerce, and healthcare and life sciences were emerging fields, as mentioned in the World Economic Forum's Future of Jobs Report 2025, existing careers would not change much in the future. He said jobs such as journalism, Human Resources, and corporate communications would remain important.
Responding to his observation that India had specific problems such as growing urban development and an ageing society, which required tailored solutions, Ms. Saklani said people who would mull such solutions would require skills in technology, entrepreneurship, and the humanities.
Both speakers stressed the importance of acquiring inter-disciplinary skills. Ms. Saklani said that while people in the sciences need to learn how to handle people effectively and identify talent, those in the humanities need to be more open to using technology, new software, and AI.
Mr. Kumar emphasised writing persuasively, critical thinking, and empathy as important skills of the present and future. 'When people get trained in multiple disciplines, their thinking changes in a fundamental way,' he said, adding that the National Education Policy stressed on multi-disciplinary education.
The speakers also said internships were important in expanding CVs. Mr. Kumar said several companies now request universities to send students to work with them. He said SRM had even reduced course work so that students could take up internships. 'But companies need to work with universities to make these internships meaningful,' he stressed.
Ms. Saklani said Inomi encouraged students to get internships as it helped them 'build skills in a live environment with the support of mentors.' Internships, she said, helped students to 'hit the ground running' when they enter the job market.
The discussion was moderated by Radhika Santhanam. This webinar can be viewed at https://newsth.live/THSRMWEB

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

More money on the Street draws bulls to realty, auto, financials
More money on the Street draws bulls to realty, auto, financials

Time of India

timean hour ago

  • Time of India

More money on the Street draws bulls to realty, auto, financials

Interest rate-sensitive sectors, such as banks, financials, property and automotives, surged after Friday's twin policy announcements on funding costs and liquidity enhancement , pushing the benchmark Nifty higher by more than 1% past the 25,000 mark. The Nifty Bank index made a fresh high of 56,695 level on Friday, ending 1.5% higher. Nifty's Realty index was up 4.7% at close, the Financial Services index advanced 1.75%, and the Auto index closed 1.5% higher. The Reserve Bank of India (RBI) slashed the policy rate by half a percentage point - the most since March 2020 - and reduced the cash reserve ratio (CRR) to the Covid-era record low. "The market has responded appropriately to the RBI's repo rate and CRR cuts, which could translate into longer-term gains if consumption also picks up," said Amit Khurana, head of equities at Dolat Capital Market. "Rate-sensitive sectors are gaining momentum, driven by short covering, but sustained growth depends on increased cash market participation." The Nifty Bank and Financial Services indices are also seeing a change in trend on the technical charts. "Bank Nifty witnessed a bullish breakout from a seven-week consolidation phase on Friday, marking fresh all-time highs. Finnifty has also seen a similar breakthrough," said Vipin Kumar, assistant vice president of derivatives and technical research at Globe Capital Market. Kumar said Bank Nifty is poised to move towards the 57,500-57,800 range in the near term, with key support around 55,400. This implies about a 2.1% upside in the index from current levels. A rate cut usually translates into lower lending rates for the banks, prompting citizens to borrow more at cheaper rates, either for investing or buying new assets like homes or vehicles. Due to the cut in CRR rates, NBFCs will also get easier access to bank funds, which may increase their lending activity. Khurana said from a longer-term perspective, some of these sectors may be attractive to investors. "Valuations for banks remain modest, with NBFCs favoured due to the CRR cut. Real estate may also benefit from improved sentiment, though auto demand remains weak and is unlikely to be significantly impacted by these measures," he said. In the shorter term, Kumar said that the auto index has formed a fresh buying pivot with renewed buying interest and he will reassess the index near the 24,150 level. "In the real estate sector, we recommend buying the index heavyweight DLF on dips, while other stocks within the space can be considered at current levels," he said.

Mumbai University to launch skill-integrated UG courses from next year
Mumbai University to launch skill-integrated UG courses from next year

Indian Express

time2 hours ago

  • Indian Express

Mumbai University to launch skill-integrated UG courses from next year

In a major academic shift aimed at boosting student employability, Mumbai University (MU) is likely to roll out skill-integrated undergraduate programs — BA, and — from the next academic year. The move is aligned with University Grants Commission (UGC) guidelines that advocate industry-oriented learning to address sector-specific skill gaps. As per UGC guidelines in this regard, 50 percent of the total credits in these degree programs will be allotted to core academic subjects, while the remaining 50 percent will be dedicated to short-term, skill-based courses. These industry-aligned modules are intended to train students in fields such as real estate, insurance, and marketing — areas where dedicated academic training is currently lacking. 'There are several emerging industries with growing demand for trained manpower, but no corresponding courses in higher education,' said M Jagadesh Kumar, former UGC Chairperson, speaking in Mumbai on Saturday. 'The UGC has formed a committee to identify such gaps. With the support of industry partners, we aim to create hybrid-mode short-term courses to offer credits to students. Universities too are encouraged to create such courses meeting local industry requirements.' MU officials confirmed that groundwork laid to begin offering these revamped programs from the 2025-26 academic year onwards. The shift is expected to mark a significant overhaul of the traditional undergraduate education structure. Additionally, universities are encouraged to offer a new model combining academics and hands-on industry experience. Under this, students will spend two years on campus and two years apprenticing with industry partners. 'For instance, a BA Journalism student will study theory for two years and work in a media house for the next two, with the industry also involved in their evaluation,' Kumar explained. He emphasised that such students will have an edge over others when they enter the job market. 'They will already have an understanding of the industry with their experience of two years,' he said. Kumar was in the city for the western zone conference of VIKAS 2025 — a national initiative promoting industry-academia collaboration as envisioned in the National Education Policy (NEP) 2020. Representatives of various universities and affiliated colleges in Maharashtra were present to attend this conference.

Mkt eyes turnround in affordable home sales after repo rate cut
Mkt eyes turnround in affordable home sales after repo rate cut

Time of India

time7 hours ago

  • Time of India

Mkt eyes turnround in affordable home sales after repo rate cut

Kolkata: Property developers in Kolkata anticipate increased sales of affordable housing units, priced around Rs 50 lakh, following the cumulative 1% reduction in repo rate since Feb. Kolkata's affordable housing sector, traditionally robust in this cost-conscious market, experienced notable variations in recent years due to increasing interest rates and economic constraints. "We expect the affordable home market to revive following the RBI's rate cut, which should lead to a 1% reduction in home loan rates since Feb," said NK Realtors president (brand, consulting & sales) Biplab Kumar. Between 2021 and 2023, RBI's policy changes elevated home loan rates from 6.5% to 9%, resulting in 25%-30% higher EMIs and 15%-20% price increases by developers. Consequently, properties under Rs 50 lakh declined from 63% market share in 2019 to 47% in 2023. The sector showed recovery signs in early 2024, with Q1 registering 12% year-on-year growth in sub-Rs 50 lakh sales. The recent repo rate cut is anticipated to enhance affordability and stimulate demand, with developers suggesting possible price dip. "Home buyers will also witness a steady improvement in affordability. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Keep Your Home Efficient with This Plug-In elecTrick - Save upto 80% on Power Bill Learn More Undo While each cut, including the recent 50 bps, may seem small individually, together they significantly lower borrowing costs and lighten EMI burdens. A Rs 45-lakh home loan at 9% for 20 years sees major benefits from a 100 bps rate cut so far, with total interest reducing by Rs 6.84 lakh (from Rs 52.17 lakh to Rs 45.33 lakh). In a 20-year tenure, the EMI will be down by Rs 2,848 a month," Kumar said. Knight Frank India's national director (research) Vivek Rathi believes these changes will strengthen buyers' purchasing capacity in Kolkata's price-sensitive market, particularly benefiting first-time homeowners, seeking properties below Rs 50 lakh, which represented 41% of Q1 2025 residential sales. CREDAI leadership, including Kolkata president Siddharth Pansari and Bengal president Sushil Mohta, noted the rate reduction's positive impact on developer borrowing costs. Mohta highlighted that CRR reduction would assist in expediting delayed affordable housing projects. He also felt the rate cut would enable developers to pass on the benefits to homebuyers, supporting demand across all segments, not just affordable housing, but also mid and premium categories, as well as commercial real estate. Anarock Group's chairman Anuj Puri suggested that improved bank liquidity and reduced developer credit costs would expedite project completion and inventory absorption in Kolkata. Developers Sanjay Jain of Siddha Group, Rishi Jain of Jain Group and Sahil Saharia of Shristi Infrastructure welcomed the RBI's decision as beneficial for affordable housing buyers. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store