Special Correspondent

VISAKHAPATNAM: Gone are the days when experience decided a person’s growth in employment. It is the skill and talent that matter most in the changing corporate scenario, Metlife Insurance Company’s Vizag regional general manager V. Anil Kumar has said.

Addressing a seminar on employability skills under the auspices of the Institute of Chartered Financial Analysts of India (ICFAI) National College’s city branch on Wednesday, he said: “Your skill is your experience; and the skill will not come overnight. Managing your knowledge is your skill set.”

Indian companies were the best in the world. Huge employment potential was available in the Indian corporate sectors in every field.

Salary-wise also, Indian companies were paying equivalent to leading foreign companies, he said, adding that Indian talent was one of the best in the world. He pointed out that 60 per cent of software engineers in the U.S. was Indians. Similarly, 20 per cent of NASA employees was Indians. In the United Kingdom, 40 per cent of doctors was from India. Mr. Anil Kumar urged the students to have confidence to come up in life and remove mental blocks that pose hindrance to their growth in the employment and developing skills.

College vice-principal M. Sudha said during the summer internship programme, the management students of ICFAI colleges in Visakhapatnam and Hyderabad generated Rs.5.86 crores worth business during the three and a half months period working in about 30 different companies all over the State. Similarly, 47 out of 120 students who passed out MBA in the Vizag branch got placements in the campus interview, she said.

ICFAI regional head G. Anantram participated.