Colleges, companies don’t agree on industry readiness of new graduates
There’s a big disconnect between colleges and corporates on how ‘industry-ready’ students are when they start their first job, according to a report.
Most colleges believe their new graduates are well-equipped for the corporate world from day one, while most companies think students have much to learn, found the report by AI-powered recruitment automation firm HirePro which covered more than 20,000 candidates, 350-plus colleges and over 200 recruiters.
While 70% of academic institutions believe their graduates are well-equipped (at least 60% ready) for the corporate world from day one, only 16% of corporates share this view, said the report, titled ‘The new reality in college hiring’. This disparity highlights a persistent challenge in aligning academic curricula with industry expectations.
HirePro chief operating officer S Pasupathi said the study findings highlight the need for greater collaboration and understanding among industry, academia and students. “Cautious optimism is the overarching sentiment because we are no longer operating in a homogeneous market. Industries are changing, economies are dynamic, students’ profiles are evolving, and so are the requirements. It’s crucial for all stakeholders to adapt their approaches and fill in the expectation gaps,” he said.