There is a change happening in the field of foreign languages. The global economy is shifting from the English-speaking world and the use of various foreign languages on the Internet has changed in recent years for global communication and business purposes. Social media giants such as Facebook, Twitter and Google allow users to correspond in local languages. In Latin America, the use of Spanish and Portuguese is increasing, and in South Asia, Hindi and Urdu are growing in popularity. As economies around the world become more international, the demand for languages continues to grow. The importance of foreign language skills for graduates cannot be underestimated.
Feed the demand
It is estimated that more than 7,000 languages are spoken around the world. According to a UNESCO report, the most widely spoken languages in the world by number of native speakers and as a second language are English, Spanish, Mandarin Chinese, Hindi, Arabic, Bengali, Russian, Portuguese, German, Japanese and French. Companies in a number of sectors and industries actively seek employees with multiple language skills. The need for those who can speak German and French for sales and commerce roles is most sought after. The sales and trading sector accounts for a third of all vacancies, followed by positions in finance, IT (information technology), administration and project management.
Knowledge of foreign languages, especially with the growth of economic associations around the world, is an important tool on a global scale to develop businesses, explore new markets and serve importers. Exporters have also formed a vast demand for interpreters who serve to overcome language barriers. This serves as an instrument to reduce intercultural gaps. The role and responsibility of interpreters has become equally important and they are hired in large numbers for their skills as economies today work with foreign markets and their expertise helps facilitate transactions and businesses. In fact, the ability to speak multiple languages other than English is an invaluable tool and skill for new-age employers.
The pulse of employment
Trends and reviews from several recruitment agencies indicate that employers are looking for people with advanced and advanced foreign language skills. Their clients are looking for knowledgeable workers.
IIT Madras collaborates with Northwestern University
Indian Institute of Technology (IIT) Madras has collaborated with Northwestern University, USA to conduct research in the areas of Data Science, Web Science, Network Science and Computational Social Science. The goal is to jointly develop functionality for three web-based software platforms that focus on network-based approaches to facilitate assembly and team processes. The first project under this collaboration is a web platform called “My Dream Team” which focuses on bringing together people with harmonized skills.
Bhartiya Skills Development University signs MoU with ASDC
The School of Automotive Skills at Bhartiya Skills Development University (BSDU) has signed a Memorandum of Understanding (MoU) with the Automotive Skills Development Council (ASDC) to address the skills gap in the automotive sector bringing industry and academia together and to train aspirants and upgrade course development in line with technological changes in the automotive sector as well as facilitating internship opportunities for BSDU students.