report on three ways to build high paying ......report on three ways to build high paying satisfying...
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Report on
THREE WAYS TO BUILDHIGH PAYING SATISFYING CAREER
IIPTALaunch a Career Be Awesome
This report is brought to you by
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UNEMPLOYMENT
IS NOW BIG PROBLEM!
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Unemployment rate estimated to be at 4.7 percent.(Union Ministry of Labour and Employment)
Overdose of pharmacy students with unemploymentrate of 5.4%.Number of pharmacy graduates areincreasing every year. Every year nearly 30,000B.Pharm, 6000 M.Pharm and 700 D.Pharm studentsgraduate in the Country. (Yahoo Finance)
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About 40,000 biotechnology students pass out everyyear but the total industry size of about 500 biotechcompanies gives supply and demand gap of about 25:1(Indian Express)
Of the 1.5 million engineering students in India, over70 percent are unemployed. The IT sector has alsosuffered, with 75 percent of graduates goingunemployed. ( Times of India)
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“Devastating" 27.7 percent of 2012 law graduates are stillunderemployed-effectively operating as fixers, making theirliving as affidavit wallahs hawking for work outside smallclaims courts or as notaries. (Bar Council of India (BCI)
43% of currently employed people are looking for newoptions because of low compensation or lack of careeroptions. (Indian Talent Survey)
Why Unemployment is on rise?A mismatch exists between the skills these young people
possess and the skills that are in demand by the prospective employers
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THREE WAYS TO BUILD
HIGH PAYING SATISFYING CAREER
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Way 1
Career planning at school level
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Way 2
Individualized Counseling
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Way 3
Investing in developing skills by suitable industrial trainings required by changing industrial needs
and considering learning throughout life
(Source: OECD Skills Report)
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Training in high-demand and growing sectoror working profile
Training which can offer long termsatisfactory career with goodcompensation packages
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In order to be responsive to market requirements,training and skills development should include bothtechnical and core skills for employability (e.g.communication, teamwork and problem-solving skills)that are portable across occupations, enterprises andsectors
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Technical Skills
Job Skills JOB
INTELLECTUAL PROPERTY INDUSTRY
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Intellectual property has become one of the mostimportant resources in the 21st century.
It’s now an accepted fact that, just like financial capitalor commodities or labor, IP is more than an economicasset - it also forms the basis of a global market.(Forbes, 2012)
India is becoming a major global source of R&D; about100 multinational corporations have already set upR&D centers in the country, leading to the deepeningof technological and innovative capabilities amongIndian firms. (World Bank Report)
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IP filings have tremendously increased in India.
(Indian Patent Office)
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
Field
Examined
Granted
Trend in Patent Applications
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0
50000
100000
150000
200000
250000
2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
Field
Examined
Registered
Trend in Trademarks Applications
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Tata Consultancy Services has significantly increased itspatent filings in 2011-12. It filed 460 patents in severalcountries last financial year, thus taking the totalpatents filed to 855. (Business Line)
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PwC estimates that India’s 10 largest drug firms spentUS$480 million on R&D in 2008. The bulk of thisinvestment went towards developing new formulationsleading to increase in importance of patent regime.
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IP INTENSIVE INDUSTRIES
CREATED 27.1 MILLION JOBS
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0
5,000
10,000
15,000
20,000
25,000
30,000
Patentintensive
TrademarkIntensive
CopyrightIntensive
IP Insentive
Jobs in thousands
Employment in IP-Intensive Industries, 2010
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IP Professionals are required in manufacturing units ofvarious industries, R&D institutions, Law Firms,Legal/Knowledge Process Outsourcing companies, IPRfirms and MNCs or MSME providing innovativeproducts or solutions.
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Candidates from industrial domains like biotechnology,pharmacy, microbiology, bio-informatics, life-sciences,electronics, computer science, information technology,mechanical, IT ; various areas of law – corporate law,international law, commercial law, trade and financelaw etc. are required by IP-intensive industries.
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Distribution by Specialism
0% 20% 40% 60% 80% 100%
In-house/Industry
Private Practice
Biotechnology
Chemistry
Electronics/Physics
Mechanical Engineering
Telecommunications/Software
Trademarks/Copyrights/Design
Other
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Jobs in IP-intensive industries pay well compared toother jobs. Average weekly wages for IP-intensiveindustries were $1,156 in 2010 or 42 percent higherthan the $815 average weekly wages in other (non-IP-intensive) private industries. This wage premium nearlydoubled from 22 percent in 1990 to 42 percent by2010. (Source: USPTO)
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0
200
400
600
800
1,000
1,200
1,400
1,600
Patentintensive
TrademarkIntensive
CopyrightIntensive
IP Intensive Non IPIntensive
Jobs in thousands
Average Weekly Wages
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Job OrientedIP Career Mastery Training Program
The main aim of program is to build skilled manpower pool tofulfill increasing needs of IPR intensive industries in India.
To stay ahead in competition, companies are continuouslyinnovating and coming up with new products to cater the needsof target market. Research and development units of companiesgenerate intellectual assets in the form of innovativetechnologies, designs, know - how, new brands or artistic work.These intellectual assets are worth millions of dollars and needto be managed to generate profits.
This has created a need for professionals who can understandimportance of intangible assets.
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In order to be responsive to market requirements, traininginclude both technical and core skills for employability.
Technical SkillsModule 1: Introduction to IPRModule 2: Patent Law: India, US and EuropeModule 3: Patent Searching and AnalysisModule 4: Trademark Law: India
ProjectProject 1: Company’s Portfolio AnalysisProject2: Technology Landscape Analysis
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Non Technical SkillsModule 1: General Aptitude and Logical ReasoningModule 2: Personality DevelopmentModule 3: Communication SkillsModule 4: Job Interviewing Skills
Eligibility CriteriaCandidates who are pursuing or completed graduation or postgraduation in area of science or law are eligible to apply for theprogram. Candidates with B.Sc / M.Sc / B.Pharma / M.Pharma /B.Tech / MTech / PhD / LLB / LLM are eligible to apply for theprogram.
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Duration:3 months, flexible study hours, distance learning mode guided by video lectures and guided assignments by Industry IP Experts
Career Development Support:After successful completion of program, all participants will getminimum 3 opportunities of facing job interview and 6 monthspecial subscription of IIPTA Job Support Portal.
Fees: Distance Learning Mode - Rs. 20,000
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IIPTA is India’s leading talent development institute, buildingskilled manpower pool for industry requirements. IIPTA was setup in 2008, to help the nascent IPR industry overcome its humanresource challenges
Since past 5 years, IIPTA is playing important role in equippingpeople with skills required by IP intensive industries and inimproving their employability throughout their careers.
About us:
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Companies in India that
hire IP Professionals
Khurana and
Khurana,
Noida
GVK
Biosciences,
Hyderabad
Ranbaxy,
Gurgoan
IOTA IP,
Delhi
S Majumdar
& Co,
Kolkata
Clarivolex,
Delhi
Novartis,
Mumbai
Orchid
Pharma,
Chennai
Lupin,
Pune
Biocon,
Bangalore
Stellairx,
Jaipur
Longbow
Legal,
Kolkata
TitanLabs,
Mumbai
IDS Infotech,
Chandigarh
Brain League,
Bangalore
IP Pro,
Bangalore
Altacit
Global
Evalueserve,
Gurgoan
URDIP,
Pune
Thomson Reuters,
Hyderabad
K & SPartners,
Delhi
Dolcera,
Hyderabad
Aranca,
Mumbai
CPA Global,
Noida
JSW,
Bangalore
Pangea3,
Mumbai
Wipro,
Bangalore
Maxval
IP, Chennai
G – 85, Preet Vihar,Main Vikas Marg,Delhi 110092
Call us at : 9212344782
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IIPTALaunch a Career Be Awesome