Employer’s Perception on the Employability Competencies of Management Graduates
Abstract:- The objective of this paper is to discuss the research findings of employer’s perception on various parameters of competencies of management graduates. The questionnaire was applied as the main instrument to record the employers’ perception about employability skills of management graduates. The sample respondent comprises HR managers, and recruiters from various industries. Validation of the research instrument is done by taking the opinions of two academicians and one industrial expert. The findings of reliability test indicates that questionnaire design is reliable with Chronbach’s alpha α=0.755. The results showed that all 25 competencies were considered very important by the employers. The very important aspects according to study were interpersonal communication, Customer service orientation, written communication.
Keywords: Employers’ perception, competency, employers, management graduates, employment.
INTRODUCTION
India is the country with the youngest populations in the world, where as the global population is ageing rapidly, India has a strategic advantage with regards to demographic dividend. However, almost three fourths of India’s population is unskilled. The World Economic Forum’s Global Talent Risk report (2011) cautions that developing countries like India and Brazil will also face huge skill gaps due to low employability. There is a wide gap between the skills required in industry and those provided by the education system. Universities, Management Institutes and organizations, which for long have been operating in separate domains, are trying to come closer to each other to bring a challenging environment. The constantly changing management shifts, in response to growing complexity of the business environment today have necessitated these two to come closer. Universities and management Institutes not only contribute skilled human resources to business, but also in various intangible ways. According to Ana Azevedo et al (2012), the competencies that are imparted to students by management Institutes and that are needed by organisations are not matching and thus there is a lot of gap between supply and demand. Competencies needed by organizations are collected and they are compared with that are imparted by management Institutes.
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