Well let me get this straight to you, if you are someone who is in immediate need of finance due to family or any other reason, then job is the straight pick. No doubts, no questions, no judgement.
Whether or not to take up job after college is a choice both personal and not so personal. If you are from a decent family which can sustain you without taking up a job then for sure you can read all the options and then decide.
Once you start any job one thing is for sure, you will have a basic sum of money that you receive every month and that leads to financial planning. You can start how much to spend and save and where to spend.
Job gives you experience and experience adds to your resume, like nothing else can. Yes, the work experience you have and the work you have done will make you grow as a person and as a professional. And these qualities along with work will help you jump upwards in your field. Infact, there are many higher studies degrees that demand compulsory work experience before you take up the course.
Also remember, experience matters not for the sake of experience, but for the work done and the knowledge gained. If you do not learn anything and simply while away your time adding years to your resume for pursuing something higher, it would be of no use.
I’ve seen many of my friends and colleagues who do not give their 100% in a job, decide to simply do a 10 to 6 shift and work only as much as they are allotted without having the desire to learn more. In that case, you will for sure learn but the pace will be almost half.
Yes, if you start job as soon as you get your bachelors degree, you have an option to explore various fields you like or atleast two different streams of your choice. Once you purse a higher degree which would mostly be some kind of specialization, then you would mostly make a career in that field (if it isn’t giving any specialization then think over why do you even want to do it?)
Compared to someone who has a professional or a higher studies segree the package you get will be lesser and the first package you get becomes your base pack. It may not matter at times, but the base pack is one on which your next hike and bonus gets calculated. So lower base pack means the increment to next year also will in proportion to that.
Yes, it happens. Once you start a job it is mentally difficult to stop thinking about it and start over to do anything else (like higher studies). Infact, many of the people whom I know and had plans of pursuing higher studies after a couple of years have not done so even after 4 years of the job.
And the reason? It’s not easy! Multiple factors, multiple people, multiple reasons, all of them start banging you together.
Trust me it’s easier said than done.
I am an example for this, I’ve been working from 5 years in a particular field and was started to be labelled as an expert of indirect tax. People start noticing my work and I was becoming good at it each passing day. And then came my calling. It was a tedious task to decide whether I want to start over with something new. And the call was not so easy.
The point I’m trying to drive here is it is a difficult task to start over with something else once you start with your job.
This is not an industry issue but a mental issue. Let me explain, once you start a job and give it a year or so and then realise you aren’t liking it, the option for you is to quit and get another job in another field (that’s why experiment is one of the advantages). However, you will start feeling that you have already invested so much time and learnt the basics what’s the point of leaving the field.
Now remember, the industry will give you chance to experiment at the base salary and that is also one of the issues you will face mentally that you have to start over will lesser salary or the salary you earned 2 years ago and that will be hard call mentally.
When you start after your graduation, you are not an expert in any field. So whichever sector you choose you will have to build up your name and earn that you are a pro in it. For instance, a CA or a CFA are known for their respective fields whether or not they know anything about it (ofcourse I mean it as as passing reference, you cannot get a professional degree like CA or CFA without knowing anything). But the point driving here is that the degree itself gives them an added advantage whereas you as graduate would not be called an expert unless you earn it.
These were the pros and cons of pursuing a job after graduation. Weight them as per your requirements and against your different options to decide if this would be best option for you! In case of further questions, feel free to write back to us!