Whilst a job in an IT firm still remains the most attractive even for engineering graduates, there is mismatch in the availability and industry’s demands.
Whilst a job in an IT firm still remains the most attractive even for engineering graduates, there is mismatch in the availability and industry’s demands.
The increasing demand for IT across sectors like hospital, restaurants, and banks has created newer job roles like data scientist, analytics engineer, social media architect, cloud architect and fraud analyst. This is where the mismatch is serious, says Siddarth Bharwani, director of Jetking Infotrain.
As per the latest Nassc-om data, three lakh trained professionals are required in the data science field alone by 2020. Currently, there are around 50,000 trained professionals. The industry is expected to grow tremendously and there will definitely be a shortfall. There is no exact figure but a 30-50 per cent shortfall is expected, he said.
There is definitely need for more institutes offering these courses and industry should be part of the curriculum so that both benefit, he said.
Asked how much it would cost to train one professional, he said it would cost Rs 15,000- Rs 25,000 to train a data scientist through online mode and classroom based would cost Rs 60,000-Rs 75,000. In the case of analytics engineer, Rs 20,000-Rs 28,000 for online mode and Rs 6 lakh for classroom based; social media architect Rs 21,000 online and cloud architect Rs 18,000- Rs 36,000. However, with institutes taking a more global approach, he said the standards are getting better.
