Emerging Career Trends

Information, Communication, Entertainment

There are infinite career options today! This makes it possible for you to develop a unique career portfolio, which consists of your talents and core competencies. As Hugh Prather has said “There’s a part of me that wants to write, a part that wants to theorise, a part that wants to sculpt, a part that wants to teach. To force myself into a single role, to decide to be just one thing in life, would kill off large parts of me.”

Art And Design

Art and Design has become the cornerstone of every enterprise today. In the field of design a creative idea is the starting point, the seed. If you can come up with a world-class idea and actually execute it, you have arrived! The prospects in the field of art and design are vast and include commercial artpainting, art history and criticismproduct design, textile design, ceramic design, interior design, fashion design, fashion retailing, gem and jewellery design, visual merchandising and communication design. The latter has three sub-divisions namely graphic design, animation film design and video programming.

Services Sector

The services sector, where you are required to ensure quality customer care has innumerable opportunities for you. With tourism as the fastest growing industry in the globalised world, travel and tourism related business as well as the hotel and catering industry require suitably trained professionals. The recent expansion of the insurance sector has resulted in a demand for many more personnel in this field as also in the case of banking and investment. A more organised and quality conscious health care sector requires hospital/ health managers and administrators. This has been identified among the top ten careers of the new millennium. Hospital Management courses are open to non-science graduates as well. As the “Education for All” movement gains momentum and the world moves from the industrial era to the knowledge era there is a great opportunity for professionals in Education and Training. More and more ‘quality’ schools promoting excellence in education are being set up. They require committed teachers and principals whose salaries are enviable!IT enabled ‘outsourced’ services like tele-shopping centres, medical transcription, maintenance of data bases, insurance claims processing and records for multinationals require thousands of English speaking computer literate graduates.

  • Hotel Management- With increasing globalisation, career opportunities in this field are unlimited. With the growth of the hotel industry propelled by tourism and business travel, the demand for well-trained quality personnel too has grown impressively. This is a service-oriented industry, requiring skill-based proficiency in addition to management, personnel and communication abilities.
  • Travel & Tourism- Travel and Tourism is one of the world’s largest foreign exchange earning industries. It provides employment directly to millions of people worldwide and indirectly through many associated service industries.
  • Insurance- With the recent opening up of the insurance sector by the Government of India to private and global players, the Insurance industry is expected to witness phenomenal growth. The industry has opportunities in marketing, actuarial and underwriting operations and investing.
  • Banking and Investment- There is tremendous competition in the banking sector with the introduction of innovative and customer friendly schemes. There is a growing need for better banking facilities due to international trade and industrial liberalization, which have contributed, to the change in the banking environment. All this has created an increase in opportunities in banking jobs and a requirement for people with marketing and technological skills apart from a sound financial background.
  • Hospital Management– As healthcare management is becoming increasingly privatised there is a greater need for not only skilful doctors but also efficient hospital administrators. A large number of private hospitals and clinics have come up all over the world. With increasing emphasis on quality of health care and patient satisfaction there is a tremendous need for persons with a professional qualification in Hospital Management.

Business Management

Future organizations will depend on “intrapreneurial managers” for their profitability. An intrapreneur is an entrepreneur within an organization. Another emerging trend is business consulting. Business management encompasses a very wide occupational area. Moreover, the occupations are not confined to one industry but exist in all sectors of the economy. Thus the new fields of management specialisation are MBA in Services, Biotechnology, Insurance, Manufacturing, Logistics, Retailing, Real Estate, Fashion & Arts etc.

Law

Globalisation has increased the demand for corporate lawyers. A potential area for specialisation is cyber law. The expansion of internet has created the demand for cyber lawyers. Another emerging and potential area for specialization is genetics law. Any legal system needs trained people who can understand and interpret it and give advice to clients. Apart from practicing as a civil lawyer or criminal lawyer, you can specialise in Business Law, Environmental Law, Patent Law, Tax Law, International Law, Real Estate Law, Labour Law, Cyber Law, Genetics, Human Rights Law etc.

Ngo Sector

With the emergence of civil society, governments are shrinking and their roles are being largely confined to regulatory functions. Developmental activities aimed at eradicating poverty are increasingly being undertaken by Non-Governmental Organisations (NGOs). Hence, specialisations in Social Work, Anthropology, Human Rights, Gender, Developmental Economics and HRD have good job prospects in the social sector. Today, a degree in Social Work is a much sought after professional qualification by those who wish to develop a career in the area of socio-economic development. In promoting developmental efforts, the strength of NGOs lies in identifying, targeting and meeting the basic human needs of grass-root communities as well as in mobilising communities.

Science And Technology

Today, as a research scientist you can have a rewarding career. Information and Communication systems are broadening the scope, accelerating the pace and increasing the synergy of scientific discovery and technological applications. It has also led to great improvements in medicine and engineering. Hardware and software are developing at an unprecedented pace. The biotechnology frontier, specially developments in the field of genetics has already achieved significant breakthroughs in agriculture and human health care. Biotechnology could eventually eliminate food shortages, improve health and life expectancy. Bioinformatics – the convergence of telematics and micro-genetics will be a basis for a major jump in evolution. The biotechnology sector will be the driving force of the markets. Thus IT and the Life Sciences are fast converging into a single technological and economic force. Herein lies a vast career opportunity. Some of the other key areas are Robotics, nanotechnology, Neurosciences, Cognitive Sciences, Space Research, Environmental Sciences etc.

Computer Applications / Information Technology

The explosive impact of computers and information technology on our everyday lives has generated a need to design and develop new computer software systems and to incorporate new technologies into a rapidly growing range of applications. The projected demand for trained I.T. professionals is estimated at over 400,000 per year

Biotechnology

Biotechnology is the industrial use of micro-organisms and living plant and animal cells to produce substances or effects beneficial to people. It is a research oriented field for application in various areas such as medicine, pharmaceuticals, agriculture and environment. There is a great scope in this field as the demand for biotechnologists are growing in India as well as abroad.

Specialisations In Subjects

With more and more emphasis on intellectual capital, expertise in PsychologyEconomicsGeographyMathematicsStatisticsHistoryPolitical Science and International Relations etc. leads to challenging jobs in both the private and public sectors. In fact, it has been observed that in this Knowledge Age, “scientists and scholars will no longer be on tap but on top.” An emerging field is Knowledge Process Outsourcing (KPO)!

Agriculture

Agriculture is another sector which will witness phenomenal growth with an increasing demand for organically farmed and processed foods. In addition to the expansion of the food processing industry allied areas like agro-retailing, agro-insurance and agro-banking will also require trained professionals.

Self-Employment And Enterprise

There is tremendous scope for self employment and enterprise in all the above mentioned areas. Working life-long or a lifetime employment – the choice is yours! Remember, where your talents and the needs of the world match therein lies your career opportunity. Moreover, there are no ideal careers, only ideal choices! What is important is to rise above stereotypes and select a career, which brings out your creative best. This will result in job satisfaction, maximum contribution and career growth.

Dr. Amrita Dass
Director
Institute for Career Studies