Business

Hiring for niche qualifications sees growth in India, business sentiment remains positive

September 18, 2024

New Delhi, Sep 18

Hiring for niche qualifications such as chartered accountant (CA) and chartered financial analyst (CFA) continues to see growth in India as companies take a cautious approach to campus hiring, a report showed on Wednesday.

Hiring volume for CAs and CFAs increased by 47 per cent in the fiscal year 2024, followed by interns at 46 per cent and lateral hiring at 40 per cent, while 38 per cent of MBA graduates and 30 per cent of diploma holders, including those who have completed vocational courses saw the least increase compared to the fiscal year 2023, according to the report by Aon, a leading global professional services firm.

Also, there has been an increase in hiring volumes of interns with more than 80 per cent of organisations offering pre-placement interviews or pre-placement offers to promising candidates upon successful completion of an internship, with the highest prevalence for graduates of master’s in technology.

“Business sentiment looks positive for India, with 69 per cent of organisations expecting a high to moderate growth. The sectors driving this growth are financial institutions, life sciences and consumer goods,” the report mentioned.

Campus hiring is a strategic opportunity for organisations to build a diverse, skilled and future-ready talent pipeline.

 

 

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