In today's job market it is far more important to have practical skills than theoretical knowledge. In the future, job applicants may not need any formal qualifications. To what extent do you agree or disagree?

Job markets are experiencing rapid changes around the world and due to
this
, practical skills have become far more important than theoretical
knowledge
. One of the possible effects of
this
would be that formal qualifications might not be required by applicants in the
future
.
This
essay agrees with the arguments stated above and will discuss the reasons for the same. Practical skills, in comparison with qualification driven
knowledge
, train an employee about the latest skills required for a job.
Knowledge
provided during qualification is not updated frequently as the teachings are based more on the old
concepts whereas
Accept comma addition
concepts, whereas
, the practical skills are developed by working on real
life
Suggestion
live
cases.
This
results in the
importance
of practical skills exceeding
theorethical
concerned primarily with theories or hypotheses rather than practical considerations
theoretical
knowledge
by leaps and bounds.
For example
, major trading courses around the world still teach about manual trading when
algorithamic
of or relating to or having the characteristics of an algorithm
algorithmic
trading is running close to 40% of the trades on the market.
Hence
, the skills imparted through formal education are outdated and not in conjunction
to
Suggestion
with
what is required practically on the job. Due to practical
knowledge
being more important, employers prefer candidates on the basis of practical skills rather than qualifications, which would result in qualifications losing their
importance
in
future
Suggestion
the future
. In a world full of qualified professionals, employers look for practical skills, which act as differentiators as more the implementation experience a candidate has, lesser amount of investment would be required by the company
on
Suggestion
for
the candidate.
For example
, in the US, recruiters stress more
importance
on the projects completed by MBA graduates as compared to the subjects studied.
Hence
, due to the rising
importance
of practical skills among employers, qualifications will lose their
importance
and might not be required by an applicant in the
future
. To sum up, since the skills required in the job market are way different from what is being taught during qualifications and the employers prefer candidates with practical skills rather than
bookish
Suggestion
a bookish knowledge
knowledge
,
hence
, practical skills are much more important than
bookish
Suggestion
a bookish knowledge
knowledge
and qualification will not be required by applicants in the
future
.
Submitted by pg16shikhar_j on

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    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
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  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

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