It takes time to digest this fact, doesn’t it? If you’re an engineering graduate, it would probably take you more time. The fact of the matter is, India’s challenge of substandard engineering education is now widely recognised. The root of this problem is the mushrooming of low-quality education over the years. As students from these colleges fail to get relevant jobs, the colleges face a decline in enrolment and as a result, get shut down.
It is true that a lot of colleges suffer a skill gap that plays a part in their lack of employability. Technical skills such as computer programming, quantitative ability, logical ability, and even communication fall behind in these colleges. This clearly shows a lack of emphasis in honing the skills that are largely required in the industry. The study conducted by Annual Employability Survey also claims that the overall quality of India’s engineering graduates is exactly where it was a decade ago.
Now, engineers have a huge role to play in the country’s vision to adopt the title of a ‘Developed Nation’. And this goal – supported by many government initiatives and projects – needs highly skilled professionals with quality education and industry-ready mindset.
Lack of skilled professions is a real challenge for the industry
One of the most fundamental aspects of the Urban Indian Dream is to effectively raise the living standards of its people. Sustainable construction, high-quality infrastructure and better real estate are not just excellent career prospects but contribute to the overall development of the people of India.
However, the built environment sector is suffering from a crippling lack of skilled professionals. The lack of suitable training results in low-quality structures, causes cost and time overruns, lowers efficiency, and can even result in the loss of life and property damage. This is a concerning problem that needs to be addressed to restore trust in the built environment industry.
The Solution: Quality Education Across All Fields of Built Environment
Quality education is what is highly required in the industry to sustain the demands of Urban India – which will soon be supporting a much larger population. It goes without saying that where there is huge demand, there are better employment opportunities.
If you’re an engineering graduate or an architect, it would be in your best interest to earn an MBA from an institution that provides techno-managerial education in built environment fields like Construction Project Management, Real Estate and Urban Infrastructure, Construction Economics, and Facilities Management.
RICS School of Built Environment is the only institution in India that provides RICS-accredited MBA degrees to its students. Since it is backed by a global professional body, it encompasses the same values, integrity, and quality of education as per the standards of the worldwide industry. Each course is structured in a way that it adheres to the current functions of the industry and inculcates a problem-solving mindset in every student, which is something that the industry strongly requires.
Below are some Frequently Asked Questions (FAQs):
Q1. What is the role of a construction economist or quantity surveyor?
The prime responsibility of a construction economist, also known as Quantity Surveyor, is to manage all the financial aspects of a construction site. You will be required to understand budgets, quantities, measurements and finances.
Q2. How will a RICS-accredited degree be beneficial?
It has been reported by several studies that on an average, RICS qualified professionals earn more than their counterparts. Those with an RICS accreditation earn a base salary that is 21% higher than the others. This difference in wages makes it clear that this degree is considered to be highly valued as compared to others.
Furthermore, after the attainment of this degree, one can choose to qualify for MRICS and take their career to the next level. Not only do chartered surveyors have better employment opportunities with the level of professional qualification recognised worldwide, but they also earn more. Also, with a globally-recognised degree, one has the luxury to make a career in any territory around the globe.
Q3. Which is a better option for a civil engineer: Real estate or Construction Project Management?
Construction Project Management will cater to both infrastructure and real estate. However, it depends on the kind of inclination that you have. If you want to be on the technical and managerial aspect more, then CPM would be a good choice. However, if you incline more towards a service-oriented role, then Real Estate is a better option.
Q4. After engineering, what makes more sense: MBA or MTech?
As conveyed in the article regarding the limited growth opportunities for engineers today, it definitely makes more sense to do an MBA program from a reputed institute. Becoming a techno-manager in the built environment sector will yield better career prospects.
Q5. What is Construction Project Management all about?
A construction project manager would be responsible for leading a team of specialists, which includes architects, electrical engineers, finance experts, and structural engineers. Taking this course will help you to learn how to understand, control, and manage complex projects in the construction industry.
Expand your skill set by doing an MBA that delivers industry-led education and open yourself to a world of new opportunities in the built environment sector!