Summary of "Tech Skills That Companies Are Desperate For | Warikoo Careers Hindi"
Summary of Financial Strategies, Market Analyses, and Business Trends
- High Demand for Tech Skills and Salary Growth:
- AI, Machine Learning, and related tech fields are seeing explosive growth with companies investing $80 billion in AI infrastructure in 2024.
- Salaries for AI/ML professionals with 2-3 years of experience range from ₹15-18 lakh, senior roles can reach ₹45 lakh to ₹1.5 crore.
- Demand is not limited to IIT or elite college graduates; tier 2 and tier 3 college graduates with skills are also highly employable.
- Tech-related roles in other sectors (investment banking, management consulting, healthcare, manufacturing, sales & marketing) are also experiencing salary growth if they incorporate technology.
- Traditional roles like Chartered Accountants (CAs) see faster salary growth if they upskill in fintech, blockchain, and financial automation.
- Job Market Trends and Skill Gaps:
- 43% of Indian graduates are unemployed due to lack of relevant skills.
- Companies require not just coders but people who understand technology and can deploy it effectively.
- Critical skills lacking in graduates include communication (55%), creativity (44%), critical thinking (55%), programming (38%), data skills (41%), and digital marketing (33%).
- The AI and Machine Learning job market is expected to grow 40% annually from 2023 to 2027.
- There will be a shortage of 1 million AI professionals in India by 2027-2030.
- Emerging Career Roles (Last 3-5 years):
- AI Prompt Engineers (₹8-18 lakh, no coding required)
- Machine Learning Operations Engineers (₹15-35 lakh)
- Blockchain Engineers (₹10-18 lakh)
- Cybersecurity Specialists (₹6-8 lakh starting, ₹18-25 lakh with experience)
- AI Ethics Consultants, Cloud Solution Architects, Digital Transformation Consultants, Sustainability Consultants, Environmental Data Scientists, etc.
- These roles are rapidly growing and command high salaries due to industry transformation.
- Educational and Career Advancement Strategy:
Step-by-step Career Roadmap (2 years):
- Skill Assessment (First 6 months):
- Research 50-100 job descriptions in your target domain (e.g., AI Prompt Engineer, Digital Marketing Expert).
- Identify skill gaps by comparing job requirements with your current skills.
- Check salary benchmarks on platforms like Glassdoor, Naukri, LinkedIn.
- Build Foundations (Next 6 months):
- Start with basic online courses or free tutorials to get an overview and warm up.
- Identify areas needing improvement.
- Advanced Skill Development:
- Enroll in advanced, industry-relevant courses with mentorship and hiring assistance (e.g., Simply Learn’s Professional Certificate Program in GenAI and Machine Learning).
- Gain hands-on experience with projects and tools.
- Networking and Industry Immersion:
- Join relevant online communities (Reddit, Facebook, Twitter).
- Observe industry discussions, tools, and vocabulary.
- Contribute to communities and build professional networks.
- Job Search and Practical Experience (Last 6 months):
- Leverage networks for referrals.
- Apply for jobs, internships, or freelancing opportunities to gain real-world experience.
- Return on Investment (ROI) of Skill Development:
- Example: Spending ₹1-3 lakh on a course can lead to a salary jump from ₹6-8 lakh to ₹15-18 lakh within a year.
- The increased base salary compounds over time, potentially earning ₹2-3 crore over 20 years.
- Real-life example shared of a person moving from ₹5 lakh manufacturing job to ₹18 lakh tech salary in 3 years by upskilling.
- About the Simply Learn Program:
- Collaboration with IIT Guwahati’s ENICT Academy and IBM.
- Offers professional certification in GenAI and Machine Learning.
- Curriculum includes Python, Data Science, Machine Learning, GenAI literacy, and 15+ industry tools.
- Provides mentorship, industry-relevant curriculum, and hiring assistance.
- Weekend batches available for working professionals.
- Broader Message:
- Technology is a dominant force shaping careers.
- Traditional education is insufficient for current industry needs.
- Continuous learning and skill upgrades are essential.
- This is a massive opportunity, not a passing wave, and ignoring it can limit career growth.
Presenter / Source:
- Ankur Warikoo (Official Careers Channel on YouTube)
- Sponsored by Simply Learn (Professional Certificate Program in GenAI and Machine Learning in collaboration with IIT Guwahati and IBM)
Category
Business and Finance