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Prospects are brighter for vocational training

December 27, 2019 09:57 IST

The average salaries for vocational jobs have grown by 18% whereas engineering and MBA jobs rose only by 4% and 3% respectively.

Kindly note that the image has only been published for representational purposes. Photograph: Anindita Mukherjee/Reuters
 

Composite staffing firm TeamLease Services has good news for those preferring vocational training over higher education, at least from the non-pedigree colleges.

Going by its latest and accordingly titled Vocational Skills one-up on Higher Education report, the prospects are brighter for the former.

This included a detailed analysis that examined the salary trends of vocational skilled talent and professional degrees holders from poorly ranked institutions.

According to the analysis, the average salaries for vocational jobs have grown by 18% whereas engineering and MBA jobs rose only by 4% and 3% respectively.

Vocation 2016 2017 2018
Electrician 27,250 32,750 39,500
Network technician 38,000 45,000 51,600
Fashion designer 25,600 32,400 41,200
Engineer 37,200 39,800 41,500
MBA 32,500 40,600 42,000

Sector vocational versus engineering(%) vocational versus MBA(%)
Apparel 7.42 3.9
Automobile 3.6 -13.66
Retail 5.81 4
Ecommerce -3.62 -5.46
Gems & jewellery -1.41 -3.09

 

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