Apart from careers in medicine, engineering, accounting, teaching, and legal, if you are wondering what kind of jobs would see a increasing demand over the next 5 years in India, here is our analysis.
Data Science: Data science by definition involves use of computing algorithms and mathematical modeling to extract knowledge and insights from structured and unstructured data. To become a data scientist you need to have an advanced degree in computer science, mathematics or statistics.
Business/Data Analyst: A business/data analyst uses computing tools and software to help companies make sense of an enormous amount of data. While a analyst needs to have good computing skills, knowledge of advanced algorithms and mathematical models is not required. Students without a background in computer science or mathematics can also take up some post graduate courses and become an analyst.
Sports Management: With the gamut of professional sports increasing year after year, careers in the sports management sector will definitely see a rise. Jobs in these sector include Team managers, Sporting Event Managers, Sports Agents, Marketing managers, Coaches and more. While there are a few institutions in India that offer a Bachelors degree in Sports Management, you could venture into this domain with a general MBA or a Masters degree in sports management, provided you have a keen interest in this field.
Food Technology/Food Safety: Food technology as such deals with the various physical and chemical processes that food products undergo to make them consumable and ready to market. While there are as few bachelor’s degrees in food technology and food science, many courses in bio technology also cover food technology as a specialization.
Financial Analyst: Financial analysts are required in almost every industry, and their job profile involves helping the CFO with the financial planning, investment, financial restructuring of the organization. To become a Financial Analyst one either requires a CA degree or a MBA with a specialization in Finance or CFA certifications.
Counseling/Therapy: If you have an interest in psychology, then becoming a counselor is definitely an option. To become a counselor you could do a bachelors degree in Psychology followed by an advanced post graduate diploma or degree in psychotherapy or counseling.
Manufacturing: Over the next decade, India is expected to see a big increase in the manufacturing sector, right from automobiles, phones, to several other industrial components. Jobs in this sector especially for those with a background in mechanical and electronics engineering are expected to see an upward trend.
CSR and Social Enterprise/NGO Management: As companies in the private sector continue to increase their investments, both in terms of time and money, in CSR (Corporate Social Responsibility) activities, this sector offers plenty of career opportunities. At the same time the number of non profits and social enterprises in India has increased tremendously over the past few years, and is expected to grow even further. So are the jobs in this sector. For those interested in careers in this sector, a Masters in Social Work (MSW) or a related degree/certificate is a recommended option.
Social Media Management: With almost every brand, celebrity, and organization trying to make their presence felt prominently on social media platforms, there seems to be a good opportunity for careers in social media management. For those interested in such careers, a course on social media and digital marketing is highly recommended.
Veterinary Services: While this is definitely not a new career option, the demand for services in the pet care and veterinary sector is definitely expected to increase especially in tier 1 and tier 2 cities. Opportunities in the veterinary medicine, pet grooming, pet behavioral expert, would be many.
Online Education: We already are seeing a huge market for online education, and this is expected to grow even further. With the increase in this domain, jobs one the technical side as well as online content creation and management are expected to grow.
In 2005 Jay Rege, along with his wife Jothsna Rege, co-founded Academy One, a career guidance and study abroad counseling venture. Prior to co-founding Academy One, he worked as a software developer with HCL Technologies. He holds a computer engineering degree from Mumbai University and a MBA from the Mays Business School at Texas A&M University, USA. He has also been a visiting faculty at a few colleges where he teaches topics related to entrepreneurship.