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IT careers loosing it’s sheen for Indians

Young Indians have sensed that there is more benfit to go beyond IT careers.In an article in Economic Times this is highlighted meaning thereby that the glitter in IT careers is fading.

Highlights of the article are:

1. About 40% of Indian MBA applicants for overseas MBAs were from IT, and only 18% say they want to stick on in the industry after an MBA.

2. Over 50% of those who apply for an MBA do so to switch careers from IT to consulting, financial services, and banking.

3. India ranked 27th among countries when it came to current salary levels, it ranked 14th in the list when it came to Post-MBA Salary Expectations.

4. Over 4% of applicants expected to earn US$80-85,000 upon completion, far higher than the regional average.

5. India ranks highest on sheer numbers aspiring or applying to do an MBA — there were more applicants from India than from any other country or city in the MBA tour.

6.MBA is seen as a viable option for aspiring Indian leaders to improve their careers and salaries.

7.Only 26% of Indians consider studying their MBA in their home country.

Read the Article At

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