December 12, 2019
Many parents still go for conventional career choices like Engineering, Medicine, Law etc. These fields are crowded and the supply of talent exceeds the demand. Take Engineering for example. There are 16,00,000 seats in Engineering colleges in India and barely 800,000 of these get filled. Of these 800,000 students who graduate from Engineering colleges, 60% do not get employed and 20% do not get the right jobs. The average fees paid across 4 years of Engineering education is Rs 10,00,000 but the average starting salary is barely Rs260,000 per year. To repay a student loan at that salary level takes 3-4 years. The new age careers lie in fields like animation, cinematics, aviation etc
