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In-Demand Jobs: Top Careers to Watch

India is emerging as one of the fastest-growing economies worldwide and is the world’s fifth-largest economy. Even though this growth is commendable, India still needs to create 115 million jobs by 2030—about 16.5 million jobs each year, up from 12.4 million annually in the last decade—to employ the millions of young people entering the workforce every year. The job roles which shall be in high demand and will also add to sustainable careers are as below –

  1. Healthcare: The rapidly growing incidence of lifestyle diseases, rising demand for affordable healthcare delivery systems due to the increasing healthcare costs, technological advancements, the emergence of telemedicine, rapid health insurance penetration and government initiatives like e-health together with tax benefits and incentives are driving the healthcare market in India. All of these needs additional staff to make people aware of the different schemes, benefits, helps in terms of claims etc., legal consents, verifications etc., leading to additional 12-15% demand of skilled and trained manpower.
  2. Insurance: The Govt Initiative like Ayushman Bharat, intends to provide health insurance to over 100 million people. The overall budget for the healthcare sector was also increased to gather investors and to improve the quality of healthcare services. This has led to demand of the human capital across the country, in metros, cosmopolitan and even tier 1, 2 and 3 cities. There is a shortage of trained and skilled workforce to cater across geographies and hence the incremental need of 20-25% staff.
  3. Actuary: They are primarily responsible for evaluating risk. They use math, data, and statistics to determine whether their employer should issue a policy to a potential customer basis the risk analysis. Actuaries make evaluations regarding health, life, automobile, homeowners, medical malpractice, and workers’ compensation insurance, as well as retirement benefits and other investments. A degree in actuarial science (which focuses on using math and statistical modeling to assess risk) or a related field (such as math or statistics) is a must. Plus, actuaries need to pass a series of rigorous exams over the course of several years to be a certified professional.
  4. Information Security Analysts: Information security analysts are responsible for keeping a company’s information safe and secure—a top priority for most companies at a time when so much sensitive information is shared and stored digitally. Information security analysts are responsible for everything from researching and testing security solutions, evaluating a company’s current digital security processes, identifying and fixing vulnerabilities, managing security threats or breaches, and developing and implementing security solutions and technologies (such as by overseeing the installation of firewalls and the use of data encryption). Information security analysts need to know the ins and outs of all things cybersecurity and typically hold a bachelor’s degree (or higher!) in a technology-related field, such as computer science.
  1. Renewable Energy: In recent times, we have seen large scale solar power plants been installed and also Govt. initiatives regarding scalability of the same for household and commercial purposes. Employment and investment have been going on a large scale in this sector during recent years, and it is only up from here. Large enterprises are looking for technical staff, on field technicians, ground engineering staff, Operators etc., and many other support function staff including cooks, chefs to meet the remote location staff service requirements, it has a huge potential and we can easily see more than 2.5 lacs jobs in this sector in the next 1.5 to 2 years.
  2. Nursing Practitioners: They deliver advanced nursing care and very much in demand. The NPs can work with doctors or independently to examine, diagnose, provide guidance to, and treat patients. Nurse practitioners can also prescribe medication and order laboratory and other tests for patients. They can work in hospitals, doctors’ offices, outpatient facilities, and schools. Nurse practitioners often get certified in specific areas of focus, like emergency medicine, pediatrics, or psychiatry. The requirements are steep—and understandably so given the responsibilities of the role—but according to BLS, nurse practitioners will be the No. 1 most in-demand job in the next decade.
  3. Social Media Specialists: Professionals who shall manage the PR of the organization and HNI individuals. These public relations managers (also known as PR managers) work to shape the way a person, company, or product is perceived by the public, whether that’s building buzz around a new product launch, getting press coverage for a new book, or building positive brand sentiment for a corporation. Social Media Specialists accomplish these goals using a variety of strategies, including building and maintaining media relationships, writing press releases, and running “damage control” to minimize the impact of negative press. These PR managers typically have a bachelor’s degree in public relations, communications, marketing, or a related field—but experience building interest and driving positive press can open doors, even for candidates without a degree.
  4. Social & Community Service Experts

These professionals lead the act to organize and oversee programs that support public health and well-being. They conduct research to find out what programs are needed in a community, pitching said programs to obtain approval and funding, coordinating all the necessary resources, implementing the program, and doing outreach to increase awareness of the program. Social and community service managers primarily work for nonprofits, social service organizations, and government departments and they can work in a variety of settings like offices, schools, hospitals and clinics, and shelters.

  1. ESG (Environmental, Social, and Governance)

It is a specialized field. Hence, like any specialized field to garner, on the ground expertise, the exposure to sustainability, understanding of challenges, ideas and implementation procedures to work out sustainable solutions, diagnosis of failures with available data, interpretation of the same are necessary upskilling. The professionals need various skills like analytical skills, the ability to communicate effectively and engage stakeholders, ability to build good narratives, knowledge of industry regulations, ethical decision-making, collaboration across different fields, adaptability. This apart what is happening in the World, the adaptation mechanism, study of the implementations, impact on the business and scenarios etc. help to develop as an expert. Hence, we can term finite time to structure the development of an expert, we need to be flexible with a min benchmark and look to keep nurturing the skills. 

  1. Data Scientist: Data scientists create the frameworks that allow companies to collect, organize, and analyze data—and then leverage that data to make better decisions for their business. Depending on business needs, the job can include everything from running data experiments, implementing statistical models and algorithms, developing data products, and optimizing frameworks to increase efficacy and drive better business outcomes. Data science is a highly technical, data-heavy role—as such, a bachelor’s degree in computer science, engineering, statistics, math, engineering, or a related field is typically a job requirement (and many companies prefer their data scientists hold an advanced degree).
  1. Financial manager: They are responsible for managing an organization’s finances. Financial managers may be employed directly by a company or they may work for a consulting firm, where they tackle financial management for the firm’s clients. Depending on the company or client’s needs, a financial manager may be responsible for a variety of finance-related tasks, including identifying weaknesses or risks; developing solutions to eliminate those weaknesses or risks; performing research; creating projections and reports; preparing financial statements; setting goals; providing suggestions for how the company or client can hit those goals; and suggesting ways to reduce costs, increase profits, or expand into new markets. Financial management requires an in-depth knowledge of business finance—which they might’ve gained as accountants or financial analysts, for example—and candidates typically need a bachelor’s degree in finance, business, or a related field to get started. 

By Sudeep Kumar Sen, Vice President at Gi Group Holding

 

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