Industry vs. Academia - Words of Noor

Businesses often see, collaboration with universities is the ideal way to develop more innovative ways of working. However, these collaborations present several challenges due to the differences between them. Both academia and industry have different mindsets and different goals because of so many reasons. Industry focuses on short-term goals, profits, and risk reduction whereas academia looks for prestige, benefits, and long-term goals. The differences between their goals create a huge gap and that’s why academia and industry are not in harmony. The relationship between academia and industry should like sea and land, they should complement each other so that we need to maintain a smooth flow between them. But unfortunately, there is a huge gap between both of them, most of the employers are not satisfied with fresh graduates and 82% of employers said that they do not hire fresh graduates.   

According to Naqeebz Consulting, 78% of employers are not satisfied with the quality of current graduate students. The main reason for their disappointment that graduate students do not have sufficient learning achievements as compared to their obtained grades. Lack of the aptitude of graduate students is also the main factor that contributes significantly to employer’s dissatisfaction, and 95% of employers are dissatisfied because most of the students chose the fields to study which not match with their aptitudes.

The overall situation is quite alarming for the fresh graduates, along with the educational degree students must polish their analytical and critical thinking skills. Students should take proper and quality of guidance when they are getting admissions in universities and select the fields that match with their aptitudes. They must acquire sufficient industry knowledge along with technical and soft skills to become relevant to the industry because the future is about knowledge and skills. Those individuals who have knowledge with relevant industry skills will be successfully able to enter in the corporate sector.

I’m sure there are lots more great tips for students. Please leave your comment below, would love to hear from you.