Part 5/7:
Artificial Intelligence: The rise of AI technology is reshaping how companies operate, particularly in sectors like finance. Major firms, including Goldman Sachs and Morgan Stanley, are integrating AI systems that optimize operations, leading to a potential reduction in manpower needs. This transition is causing significant shifts in hiring practices.
Over Supply of MBA Graduates: The market is flooded with MBAs. With India producing nearly 300,000 MBA graduates annually and the establishment of 13 new IIMs since 2010, the equilibrium of supply and demand has been disrupted. An oversupply equates to lower demand and diminished job opportunities for recent graduates.