Around 67% Students Aim For Entrepreneurship: Survey
The study also raises important questions about the readiness of educational institutions and corporations to adapt to this changing mindset
HirePro, an AI-powered recruitment automation firm revealed a trend towards entrepreneurship, with 67 per cent of students expressing their intention to start their own business within 10 years of graduation.
The survey uncovered a diverse timeline for these entrepreneurial ambitions. A notable 14 per cent of students plan to embark on their entrepreneurial journey immediately after graduation, showcasing a readiness to dive into the business world.
Meanwhile, 23 per cent of respondents aim to start their own venture within 2-3 years after graduation, possibly seeking to gain some industry experience first. The largest group, comprising 29 per cent of the students, envisions launching their business 5-10 years after graduation, allowing time for career development and resource accumulation. The remaining 33 per cent of respondents currently have no plans for entrepreneurship.
Particularly strong entrepreneurial spirit was observed among students from Tier 1 and metro-based institutions, indicating a growing trend in urban educational centers.
The study also raises important questions about the readiness of educational institutions and corporations to adapt to this changing mindset. As more students aspire to chart their own destiny, there's a growing need for curriculum changes and corporate strategies that can nurture and support these entrepreneurial ambitions.
HirePro's survey highlights the evolving landscape of career aspirations among Indian students and the potential impact on the job market and economy in the coming years.
HirePro revealed a report that captured aspirations and inclinations of over 20,000 candidates, 350+ colleges, and 200+ corporates, along with interviews with 100+ campus talent recruiters.
