5 Highest Paying Skills + Courses of 2024

Summary

This video offers insights into the job market in 2024, emphasizing the importance of acquiring specialized skills to secure employment. It highlights five top skills identified from the India Skills Report 2024: Data Analysis, Project Management in AI, AI Ethics and Bias, Cyber Security, and Communication. The video provides learning resources, such as IBM's Data Analyst Professional Certificate, Google's Project Management Certification, and courses from the University of Helsinki and Microsoft. It also recommends tools like Odoo for project management and Cambridge's website for improving English fluency, aiming to equip viewers with in-demand skills for the future job market.

Takeaways

• 📈 The job market in 2024 is tough, emphasizing the need for specialized skills to secure employment.
• 🛠️ Top specialized skills identified from the India Skills Report 2024 include Data Analysis, Project Management in AI, AI Ethics and Bias, Cyber Security, and Communication.
• 🔍 Data Analysis is highly in-demand, with specific tools to learn such as Python, R programming, SQL, Hadoop, and Spark.
• 🎓 The speaker, despite a non-tech background, suggests that anyone can learn these skills, starting with IBM's Data Analyst Professional Certificate.
• 📚 For those interested in Project Management, especially in AI, Google's Project Management Certification on Coursera is recommended, including a 'Capstone' project for practical experience.
• 🛡️ AI Ethics and Bias is an emerging field with significant growth, where understanding digital fluency and ethical AI use is crucial.
• 🔒 Cyber Security is increasingly important due to rising cyber attacks, with professional certifications from Microsoft available to become a cybersecurity analyst.
• 🗣️ Communication skills, particularly in English, are vital for global job opportunities, with resources from Cambridge and techniques like 'Choral Reading' suggested for improvement.
• 📘 The India Skills Report 2024 is a credible source, created by Wheebox, AICTE, and Google, highlighting the importance of continuous learning in the job market.
• 💡 The video provides actionable steps and resources for learning new skills, including free and paid courses, and practical tools for project management and cybersecurity.
• 🌐 The Government of India's national portal for AI offers resources, case studies, and learning activities for those interested in AI Ethics and Bias.

Q & A

What is the main focus of the video script?

The main focus of the video script is to discuss the job market scenario in 2024 and to highlight the top 5 specialized skills identified from the India Skills Report 2024, along with how to acquire them.

What are the top 5 specialized skills mentioned in the script?

The top 5 specialized skills mentioned are Data Analysis, Project Management especially in the field of AI, AI Ethics and Bias, Cyber Security, and Communication.

Which tools are recommended for learning Data Analysis skills according to the script?

The tools recommended for learning Data Analysis skills are Python, R programming, SQL, Hadoop, and Spark.

What courses are suggested for learning Data Analysis?

The courses suggested for learning Data Analysis are IBM's Data Analyst Professional Certificate, IBM Data Analyst with Excel and R, and a course on Udemy called 'Spark, SQL and Hadoop'.

What is the significance of the India Skills Report 2024 in this context?

The India Skills Report 2024 is significant as it is the source from which the top 5 skills were identified, and it is a highly reputed and credible report created by Wheebox in partnership with AICTE and Google.

Why is Project Management in the field of AI considered important for MBA graduates?

Project Management in the field of AI is considered important for MBA graduates because as AI emerges, managing complex projects with AI will become very difficult, and MBA graduates can leverage their non-technical background in this field.

What is the recommended course for learning Project Management from the script?

The recommended course for learning Project Management is Google's Project Management Certification, which is available on the Coursera platform.

What tool is suggested for practicing Project Management skills?

The tool suggested for practicing Project Management skills is 'Odoo', which has a project app that can be used to manage tasks and projects.

Why is AI Ethics and Bias considered a growing skill in the industry?

AI Ethics and Bias is considered a growing skill in the industry due to the increasing emergence of AI and the need for ethical considerations and laws regarding its use, which has led to a remarkable growth rate of almost 20%.

What resources are available for learning about AI Ethics and Bias from the Government of India's national portal for AI?

The Government of India's national portal for AI provides resources such as case studies, learning activities, and recommended courses for learning about AI Ethics and Bias.

What is the importance of Cyber Security in the current job market?

Cyber Security is important in the current job market due to the significant increase in cyber attacks, making it crucial for individuals to know how to keep themselves secure online and for those entering the field to have job opportunities.

What certification is recommended for pursuing a career in Cyber Security?

The professional certification recommended for pursuing a career in Cyber Security is offered by Microsoft, which can help in becoming a cyber security analyst, and is available through the Coursera website.

What is the significance of Communication skills in the global job market?

Communication skills are significant in the global job market as they are essential for dealing with global organizations, and having a solid command over English is particularly important for job seekers.

What technique is suggested for improving English fluency according to the script?

The technique suggested for improving English fluency is 'Choral Reading' or 'Imitation Technique', which involves listening to and repeating lines from speeches given by Indians in English, such as those found on the English Speeches channel.

Outlines

00:00

📊 Specialized Skills for the 2024 Job Market

The speaker introduces the challenges of the 2024 job market and emphasizes the importance of acquiring specialized skills. They reference the India Skills Report 2024 by Wheebox, AICTE, and Google to identify top skills, starting with 'Data Analysis'. The speaker lists necessary tools for this skill, including Python, R, SQL, Hadoop, and Spark, and shares their personal background in commerce and MBA to relate to the audience. They also mention the high demand for data analysts, as per LinkedIn, and recommend three learning resources: IBM's Data Analyst Professional Certificate, IBM Data Analyst with Excel and R, and a paid Udemy course on Spark, SQL, and Hadoop.

05:00

📚 Project Management and AI Ethics in the AI Era

The speaker discusses the growth in project management, especially in AI, and the need for non-technical individuals like MBA graduates to learn this skill. They recommend Google's Project Management Certification on Coursera, which includes a 'Capstone' project for practical experience. The speaker also introduces a tool called 'Odoo' for hands-on project management practice. Moving on, they address the emerging importance of AI Ethics and Bias, citing a 20% industry growth rate and the need for digital fluency in AI use. They direct the audience to the Government of India's national AI portal for resources and courses, and highlight a simple course from the University of Helsinki for easy understanding of AI basics and ethics.

Keywords

💡Job Market

The 'job market' refers to the current state of demand for labor in the economy. In the video, it is described as 'tough' in 2024, indicating a competitive and challenging environment for job seekers. The script emphasizes the need for specialized skills to navigate this difficult job market effectively.

💡Specialized Skills

Specialized skills are specific abilities or knowledge in a particular area that make a candidate more valuable in the job market. The video outlines the importance of acquiring such skills to secure employment, as they are in high demand and can make job seekers stand out.

💡Data Analysis

Data analysis is the process of inspecting, cleaning, transforming, and modeling data to extract useful information. The video identifies it as one of the top skills needed in the job market, with specific tools like Python, R programming, SQL, Hadoop, and Spark mentioned as essential to learn within this field.

💡IBM Data Analyst Professional Certificate

This is a professional certification course mentioned in the script, offered by IBM, designed to teach data analysis skills. It is one of the recommended courses for those looking to acquire specialized skills in data analysis, starting from the basics without requiring a computer science background.

💡Project Management

Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals. The video highlights its importance, especially in AI, and mentions an 18% growth rate for this skill, indicating its high demand.

💡Google's Project Management Certification

This certification course, offered by Google and mentioned in the script, provides comprehensive training in project management. It includes a 'Capstone' project, emphasizing the practical application of theoretical knowledge in project management.

💡AI Ethics and Bias

AI ethics and bias refer to the moral principles and considerations regarding the use of artificial intelligence, including issues of fairness and impartiality. The video discusses the growing importance of understanding these concepts due to the rapid development and deployment of AI technologies.

💡Cyber Security

Cyber security is the practice of protecting systems, networks, and programs from digital attacks. The script mentions an increase in cyber attacks and the significant job opportunities in this field, emphasizing the need for professionals skilled in cyber security.

💡Microsoft Certification

The script refers to a professional certification offered by Microsoft that can help individuals become cyber security analysts. This certification is one of the recommended paths for those interested in pursuing a career in cyber security.

💡Communication

Communication is the act of conveying meaning through the exchange of information. The video discusses the importance of strong English communication skills, especially in a globalized job market, and provides resources for improving fluency and proficiency.

💡Choral Reading

Choral reading, also known as the imitation technique, is a method of language learning where learners listen to a piece of speech and then repeat it out loud. The video suggests using this technique with English speeches by Indian speakers to improve English fluency and accent.

Highlights

The job market in 2024 is tough, emphasizing the need for specialized skills.

Top 5 skills identified from the India Skills Report 2024, created by Wheebox, AICTE, and Google.

Data Analysis is the first top skill, with Python, R, SQL, Hadoop, and Spark as essential tools.

The speaker has a commerce background and an MBA, providing a unique perspective on tech skills.

LinkedIn reports data analyst as a job with high future hiring potential.

Three courses recommended for learning Data Analysis: IBM's specializations and a Udemy course.

Project Management, especially in AI, is the second skill with an 18% growth rate.

Google's Project Management Certification on Coursera covers project management comprehensively.

Odoo's project app is recommended for practical project management experience.

AI Ethics and Bias is the third skill, with a 20% growth rate in the industry.

The Government of India's national portal for AI provides resources for learning AI Ethics.

Cyber Security is the fourth skill due to the rise in cyber attacks and job opportunities.

Microsoft offers a professional certification for becoming a cyber security analyst.

The Government of India has created a handbook for students to learn the basics of cybersecurity.

Communication, particularly English fluency, is the fifth skill crucial for global roles.

Cambridge's website and the 'Choral Reading' technique are recommended for improving English.

English Speeches channel on YouTube provides speeches with subtitles for imitation practice.

The speaker plans to create a video on communication to further assist viewers.

Transcripts

Hi guys, I hope you're doing well.

And I also hope that you realize

how tough the job market scenario is in 2024.

If you need a job, make sure you've specialized skills.

Because finding jobs without them

is very difficult right now.

What are these specialized skills; you need to acquire?

And how to acquire them?

You will find the answer to that in this video.

These skills are not randomly chosen.

I found them after reading the India Skills Report 2024.

This report has been created by Wheebox

in partnership with AICTE and Google.

In simple words, it's a highly reputed and

credible report spanning 147 pages.

After thoroughly reading it, I've identified top 5 skills

as well as how to learn them.

Talking about those top 5 skills, the first is 'Data Analysis'.

Within this, there are 5 specific tools you need to learn.

I'm listing their names here:

Python, R programming, SQL, Hadoop, and Spark.

Before moving forward, let me clarify that

I don't have a tech background.

In fact, I come from a commerce background

and have completed my MBA.

So, if I make any mistakes while explaining

something related to tech,

you can correct me in the comments of this video.

The demand for data analysis and data science

has increased so much in the market that

according to report by LinkedIn, it was mentioned that

the data analyst is going to be one of those jobs

in the future with the highest hiring.

So, where can one learn these skills?

I've found 3 courses that cover all 5 of these aspects.

The first course is IBM's specialization called

the IBM Data Analyst Professional Certificate.

The second one is also a professional certification

called IBM Data Analyst with Excel and R.

And the third course is on the Udemy platform.

Its name is "Spark, SQL and Hadoop."

Out of these, the third course is paid,

priced around Rs. 499/-

while the first two courses can be audited for free.

If you don't have a background in data analysis,

then I would recommend starting with the first one.

It doesn't require any computer science background.

It will start from the very basics.

Let's move towards our second skill, named

'Project Management', especially in the field of AI.

Project management is one of those fields where

an 18% growth rate has been observed, especially

for those with a non-technical background such as

MBA graduates, for them, this field will become

very interesting in the future because as AI emerges,

it will become very very difficult

to manage complex projects with AI.

So you will need to learn a lot of things,

like how to gather resources,

coordinate with teams and assess risks.

To learn all these things, we will pursue a course.

And along with that, I will recommend you a tool

which will help you learn easily.

The course is quite reputable.

You can find it on the Coursera platform.

It's Google's Project Management Certification.

Through this entire course, you will learn everything

about project management from A to Z.

In fact, I have selected it because

it also includes a 'Capstone' project at the end.

Project management is a skill that

you cannot learn without practicing.

Theoretical knowledge alone is not sufficient.

So I would recommend you a tool; It is called 'Odoo'.

In Odoo, there is a project app.

Go to the Odoo website, click on the project app,

and you can see that this first app is free forever.

We'll click on 'New Project' here.

You can give any name you want,

for example, 'Your Weekly To-Do List.'

After that, you add stages like

'Yet to Begin,' 'Ongoing,' and 'Completed'.

Let's start adding tasks now.

For example, grocery shopping,

studying, assignments, meetings, etc.

You can also give these tasks a deadline.

For example, I want to be done with my assignments

in the next three days.

As you can see here, it says 'in 3 days' to indicate

by when this task needs to be completed.

You can add time sheets; this option is in settings.

You can assign the number of hours

you want to dedicate to a particular task.

Let's say I want to allocate 15 hours

for studying this week.

Then, as soon as you start that task,

you can move it from 'Yet to Begin' to 'Ongoing' stage,

and even change its color code by altering the status.

Then you can also lock your time,

for example, on this day, I spent 4 hours studying.

As I keep recording like this, I'll be able to see how

much time I've spent compared to the estimated time,

so I can track where my time is going.

This way, you can manage several projects,

such as your study hours or work-related tasks,

finance, freelancing, etc.

So what will happen is that you can monitor

any one project closely.

This will teach you basic skill of project management

that you can further utilize in handling complex projects.

The third skill we'll discuss is AI Ethics and Bias.

Basically, what's happening is that as AI is emerging,

there are many laws and ethical considerations

regarding how to use it,

many developments are happening in this regard.

So, if you get to learn this skill,

it's been seeing remarkable growth in the industry,

almost a 20% growth rate.

After learning this skill, the basic thing that you'll get,

which others might not have, will be digital fluency,

meaning how you can use AI ethically.

There are many tools available for this,

such as courses, guidelines, case studies.

In fact, I want to share something with you

that you might not know which is that

the Government of India has its own national portal for AI.

In this, you will find all the initiatives by

the Government of India related to AI,

or any latest updates coming in the industry,

everything will be available here.

In fact, I would recommend that

you check out its resources section.

There you will find case studies and learning activities.

If you delve into learning, they have recommended

quite a few courses that you can take.

But I would recommend you the last resource, which is

this course from the University of Helsinki.

When you click on it,

they will redirect you to a very, very simple website

where you don't need to login or do anything,

everything is in text form.

I found this website very good because

they have explained AI basics, ethics,

everything very well step by step inside it.

In fact, they have tried to explain in such a simple form,

using pictures and diagrams,

so that even if you are from a non-tech background,

you can still learn these things.

The fourth skill I'll talk about is Cyber Security.

I mentioned it in a previous video as well

because cyber attacks have increased significantly.

It is important for every single person to know

how to keep themselves secure online,

but even more so if you want to enter this field,

there are remarkable job opportunities.

For this, the professional certification you can pursue

is being offered by Microsoft.

It will help you in becoming a cyber security analyst,

and you can also do it through the Coursera website.

In the previous video I made,

I recommended a quite basic course.

But the courses I'm mentioning in this video will

actually help you acquire high-paying jobs in those

roles because these are all professional certifications.

Along with that, I'll also provide you with a handbook.

Suppose you want to learn the basics of cybersecurity.

In that case, the Government of India has created

a handbook for students.

You can use it to protect yourself as well.

If you think; your interest is growing in cybersecurity,

in that case, you can pursue that Microsoft certification.

Our final skill is that of communication.

Let me tell you something very interesting.

Globally, out of all the countries,

India has the 2nd largest population of English speakers.

But the problem is that

our proficiency and fluency are not as good.

So if tomorrow you go for any interview,

want to enter any job which deals globally,

which is the case nowadays with most organizations,

you need to have a very solid command over English.

Firstly, you can use this website from Cambridge.

So for those who want to start with the basics,

this website is good for them.

Apart from that, I'll tell you about a technique called

'Choral Reading' or 'Imitation Technique'.

If you want to practice English in an Indian accent,

in that case, there is a channel called English Speeches.

In its playlist section, there are many speeches given

that Indians have delivered in English.

For example, there is a speech by Priyanka Chopra.

The best part of this speech is that

they add very large subtitles.

How can you use imitation technique in this?

You listen to one line, press pause, repeat the same,

then listen again, pause again.

There are almost 80 videos like this in this playlist.

And if you practice even one video every day,

your English fluency will improve significantly.

In addition to this, I was also planning

to make a proper video on communication.

So I will surely make it in the next month.

But I hope that you find this video helpful.

That you gain some skills to learn.

If you want more videos like these on skills or jobs,

please do leave a comment.

So that I can receive feedback.

And you can subscribe to the channel for more.

Thank you so much for watching this video, guys.

And see you the next time.