Describe higher education versus skill acquisition among youngsters | RBI Grade B Phase 1 Preparation - Bank Exams PDF Download

Describe higher education versus skill acquisition among youngsters

The degree versus skill debate is never-ending. The same argument continues coming up not just in India but all throughout the world. Without a question, education is important, but in the majority of cases, it does not ensure employment in the field of choice. Whatever is learnt while pursuing a degree becomes useless if one doesn’t learn the acumen of applying skill to make use of the theory into practical execution. There is an overpowering need of skilled workers in our country. Millions of youngsters get added to the workforce every year but hardly a fraction of them actually manage to secure a job. Sometimes it has been observed that the university curriculum remains outdated and irrelevant as per the current industry standards most of which is focused on simply finishing the curriculum rather than focusing on learning.
Higher education should, in theory, teach you the fundamentals of your academic topic of interest as well as how to think critically and solve problems. A degree alone is like holding the best weapons but being unable to use them.The importance of skill and talent is growing day-by-day. Google’s vice-president of people operations, Laszlo Bock beer, had mentioned this in an Associate interview with The New York Times. For each job, the factor Google looks for the most is the general cognitive ability and not the intelligence quotient. Applying your mind and logic to return up with a far better answer would require the correct talent set. That’s the reason that companies like these have opened their doors for non-graduates with reasonable cognitive ability and logic as they understand that the existence of any business relies heavily on being able to solve the people’s issues. This is the reason we can see that the people with skills are earning more. Also, we don’t need another pandemic to explain the same, right!