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What are the current emloyment trends in IT field? What traits and qualifications do companies look for, specially after the recession has hit one and all?

Asked by mustafa, 15 Jun '09 03:18 pm
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Answers (2)


Employment is at its lowest and companies are not seeking openings unless they genuinely require people. They are seeking people who have some work experience as they cannot invest in training freshers.

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Answered by Saj Sierra, 15 Jun '09 03:25 pm

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The Indian IT industry has witnessed tumultuous growth in the past two quarters. The financial meltdown has hit world economies globally and has impacted the Indian software industry, in particular the BFSI segment. However, Indian IT companies have been able to hedge the risk and emerge stronger in the new financial year. The companies have reported improved revenues in the last quarter. With the dollar appreciating, the revenue for the IT sector has been looking good. Indian companies are also venturing into newer markets.

As far as the future of the industry is concerned, there is continued opportunity in the domestic BFSI market. The current market penetration of mutual funds, mortgage and life insurance is very low at about 5-6 per cent and presents several opportunities. A significant number of financial services technology companies have now started providing solutions for wealth management and investment banking.
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Answered by adnan jariwala, 03 Sep '09 02:10 pm

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