- Business and Employment
Make Notes to Find Freshers Jobs in Hyderabad
Job hunt in Hyderabad
Hyderabad's Job Space
Till the time, Hyderabad wasn't in the race of becoming a major IT hub, it had a few career choices for the young professionals in the city. Most of the residents in the city were either employed by public sector companies, diamond merchants, conventional industries, or some other small, medium, or large scale industries. The real baits were offered to the professionals graduating from Hyderabad were from the Business Process Outsourcing companies, or major players in IT sector, which found potential in the city's market to expand. Then came the time, when Hyderabad welcomed many international BPOs and IT companies.
Before this time, biopharmaceutical was another major that created job opportunities for the professionals in this city. The city has been performing well as a manufacturing hub in biopharma industry since decades. Owing to its commendable growth in this sector, Hyderabad is also given the tag of 'Genome Valley of India' and 'India's pharmaceutical Capital'. Thus, this remained a major sector for freshers in the city to find the ideal jobs besides the conventional diamond industries and public sector enterprises operating in Hyderabad.
How well does the city serve freshers?
Hyderbad's job market has been expanding over the years, and with this, the jobs for freshers in Hyderabad have also grown considerably. Now is the time, when an engineering or management graduate in the city does not need to look forward to the other job hubs to hunt for the first job. Hyderbad, now serves the entry-level professionals quite well. For those hailing from engineering, computer applications, or other related technological fields, many opportunities are created by the IT companies operating here. More than 1300 IT firms have their operations in the city. Some of these have set up their research & development centrest here, while some have their operations or development facilities based here. Some of the major global players in IT, who these freshers in Hyderabad can look forward to, include Google, IBM, Yahoo!, Dell, Facebook, and Microsoft. Besides, the Indian IT giants that employs the IT talent pool in the city are Tech Mahindra, Infosys, Tata Consultancy Services (TCS), Genpact and Wipro.
Some of the profiles that these fresh graduates can seek in the IT industry are Software Developer, Software Engineer, Software Test Engineer, Web Designer, and many others.
The other major sectors that create alluring job offers in Hyderabad for the entry-level professionals are bio pharmaceutical and finance. Bio-pharma is a long cherished sector in Hyderabad and it houses the leading players that are even found to be the ideal employers among the job seekers. Some of the leading ones out of these are Dr. Reddy's Laboratories, Divis Laboratories Ltd., Aurobindo Pharma Ltd., Granules India Ltd., Lonza India Pvt Ltd., and Biocon.
Coming on to the job opportunities for freshers in finance and banking sector in Hyderabad, the opportunities are many. Some of the leading companies operating in financial services in this Indian city are Franklin Templeton Investments, GE Capital, HSBC, Bank of America, and ABN Amro.
Average Pay Scale for Freshers in Hyderabad
To ensure that your job hunt is successful, you need to put a lot of time in the research and a detailed analysis of the job market of the city, you are focusing on. So, for the professionals seeking fresher jobs in Hyderabad too, the research remains a major factor. Before finding that ideal job, one should consider the average salaries offered for a profession. An entry-level Software Engineer can make Rs 366,517 per year, whereas SAP Consultant in the initial phase of his career can aim for an annual remuneration of Rs 468,304. Coming to the other profiles, a Business Analyst in IT can make Rs 465,388 per year, whereas a Civil Engineer initially can earn an average salary of Rs 295,948 per year. Likewise, the average annual pay package for an entry-level Business Development Executive is Rs 216,464. An accountant in Hyderabad can aim for a remuneration of Rs 150,535 per year, during the initail phase of career.
Would you prefer relocating to Hyderabad for a job offer?
Some facts about the city
Now when, you have discovered almost all the essential details about Hyderabad's job sector, here are some other details that would help you know the city well.
Hyderabad has witnessed the presence of major public sector players including HEL, NMDC, HMT, BEL, IDPL, ECIL, DRDO and HAL since decades.
The city is also called the 'City of Pearls' owing to its presence in the trading business of pearls.
The increase in pharmaceutical exports in the city made it earn the tag of 'Genome Valley of India'.
A technology advanced township called 'Hitec City' has been developed in Hyderabad.
The city witnessed almost 32% growth in the job creation during the period of January to June in the present year.
Do you qualify for the fresher jobs in Hyderabad?
Hyderabad took a little tim to develop itself into a job hub and now it serves hundreds of IT and management professionals looking for their first jobs. The city houses many leading brands like Google and Facebook and thus, the standards for hiring are also higher. However, it completely depends on which company are you applying in and the criteria followed by the employer, you need to prepare well before you apply for a job. You need to check the qualifications desired by the employers and skills that are essential for any particular job that you wish to apply for.
Here is an insight of the basic criteria of qualifications needed to apply for jobs in varied industries in Hyderabad as an entry-level professional. We can start by emphasizing the jobs in IT sector. This includes the job role of a Software Developer, Software Engineer, PHP Developer, Designer, and other related profiles. To qualify for these job roles, one needs to hold at least a bachelor's degree in computer applications, or a B.E, or B.Tech degree. Besides, one needs to hold detailed knowledge of the software and technologies employed in the respective job profile, one applies for. However, for higher level positions, the applicant should hold a master's degree in technology.
Further, for sales and marketing related jobs, the employers generally seek an MBA degree, whereas for job roles such as Business Development Executive or Sales Executive, a bachelor's degree is acceptable. For the applicants in finance sector, a degree in finance, economics, or any other related subject is desired.
Leading companies in Hyderabad
Dr. Reddy's Laboratories
Bank of America
Kickstart your career in the IT City, Hyderabad
Surge in job creation in Hyderabad
The Job Demographics
The job creation in Hyderabad has been surging. From the last few years, the city has been adding to its total number of jobs. Out of the total jobs created in Hyderabad, most belong to the IT sector. Besides, if we consider the present hiring scenario, it is among the top locations in the country to witness active hiring. As per the report compiled by the Assocham (The Associated Chambers of Commerce and Industry of India), the city has witnessed a significant growth in the employment generation. During the first half of the year 2014, Hyderabad has recorded a surge of 32%, which signifies its potential to create employment. During this period, the major increase in hiring was reported in healthcare and BFSI (Banking, Financial Services, and Investment) with respectively 28% and over 30% growth in demand.
This puts forward a gleaming picture of the Hyderabad's job market.