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Shekhar

Shekhar Kumar  |154 Answers  |Ask -

Leadership, HR Expert - Answered on May 09, 2024

Shekhar Kumar is senior manager, talent acquisition, at the Shri Venkateshwara University in Gajraula, Uttar Pradesh. He has 18 years of expertise in the search and placement of executive leadership talent across various industries.
He has also mentored middle and senior management professionals for leadership positions and guided them in career development.
Shekhar has a bachelor's degree in business management from Magadh University, Bihar, and a master's degree in human resource management from Annamalai University, Tamil Nadu.... more
Mufaddal Question by Mufaddal on Apr 27, 2024Hindi
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Career

Hello i am a 20 year old male who is currently doing a course in automotive field. The college is private and providing me an ASDC NSQF level 6 certification i am also doing a side course related to EV vehicles in don bosco. My main concern is that will companines accept me and can i go abroad for job or studies with these certificates because i have done my 12th in commerce and then changed my field. Please could someone guide me. Shloud i change my line even though i am highly interested and my other main concern is will i able to earn a good living in this field if i pursue it further

Ans: It's great that you're pursuing a course in the automotive field and gaining additional certification related to EV vehicles. Companies in the automotive industry often value practical skills and certifications, especially those recognized by industry bodies like ASDC (Automotive Skills Development Council). Your ASDC NSQF Level 6 certification and additional training in EV vehicles can enhance your employability and make you attractive to potential employers. In many countries, there is a demand for skilled automotive technicians and engineers, including those with expertise in electric vehicles. With relevant certifications and skills, you may be eligible for job opportunities abroad. However, the specific requirements and visa regulations may vary depending on the country and employer. You should also research the job market and immigration policies of the countries you're interested in to understand the possibilities. The automotive industry offers diverse career opportunities, including roles in vehicle maintenance, repair, manufacturing, sales, and research. As the demand for electric vehicles continues to grow, there's a rising need for professionals with expertise in EV technology. By staying updated on industry trends, gaining practical experience, and continuously upgrading your skills, you can position yourself for a successful career with opportunities for advancement and competitive salaries. It's essential to consider your passion and interest in the automotive field when making career decisions. If you're genuinely enthusiastic about automotive technology and enjoy working with vehicles, pursuing a career in this field can be fulfilling and rewarding. Follow your passion, leverage your skills and certifications, and remain open to learning and growth opportunities along the way. 

Ultimately, your success in the automotive industry will depend on your dedication, willingness to learn, adaptability, and proactive approach to career development. Keep honing your skills, networking with industry professionals, and exploring avenues for advancement to maximize your potential in this dynamic and evolving field. If you're passionate about automotive technology and committed to excellence, there's a good chance you can build a rewarding and lucrative career in the industry.
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Shekhar

Shekhar Kumar  |154 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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I am graduated in Mechanical Engineering at 2022. From 1.5 years I am experienced in product design role. Currently I am working as a design engineer. Now I want to earn more, I know catia v5, Solidworks &Nx CAD. I am confused about my role. Anyone help me with your experience, is I am continue with this or I will switch my career to Oil and Gas field. If I stay in my current job suggest me, what I want to do for high salary.(Like Any course /Certificate). Or you suggesting me for Oil &Gas. How much salary I can get while switching and after experience in that.
Ans: Deciding whether to continue in your current role as a design engineer or switch to the oil and gas field requires careful consideration of your career goals, interests, and the opportunities available in each industry. Since you're already experienced in product design and proficient in CAD software like CATIA V5, SolidWorks, and NX CAD, consider enhancing your skills further. Look into advanced courses or certifications in areas such as finite element analysis (FEA), computational fluid dynamics (CFD), or advanced CAD techniques. These additional skills can make you more valuable in your current role and potentially command a higher salary. Pursuing professional certifications related to product design and engineering, such as Certified SolidWorks Professional (CSWP) or Certified NX Professional, can validate your expertise and increase your marketability. Research industry benchmarks and salary ranges for design engineers in your region and with your level of experience. Use this information to negotiate a higher salary with your current employer or when exploring new job opportunities.

Before making the switch, thoroughly research the oil and gas industry, including job roles, career paths, and salary expectations. Network with professionals already working in the field to gain insights and advice. Evaluate how your skills and experience in product design translate to roles in the oil and gas sector. Consider acquiring additional knowledge or certifications relevant to the industry, such as courses in petroleum engineering, pipeline design, or offshore structures. Salaries in the oil and gas industry can vary depending on factors such as location, job role, experience, and the specific segment of the industry (upstream, midstream, or downstream). Entry-level positions may offer competitive salaries, but experienced professionals with specialized skills and expertise can command higher pay.

Ultimately, the decision to stay in product design or switch to the oil and gas field depends on your career goals, interests, and the opportunities available in each industry. Take the time to weigh the pros and cons, conduct thorough research, and seek advice from mentors or industry professionals before making a decision. Whichever path you choose, continuous learning, skill development, and strategic career planning will be key to achieving your salary and career goals.

..Read more

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Milind

Milind Vadjikar  |795 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 24, 2024

Asked by Anonymous - Dec 24, 2024Hindi
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Money
Hello i am almost 30 now I have invested around 40 lakhs in Market (mutual funds plus equity) 6 lakhs ppf maybe 2 lakhs pf I have parental property of combining around 2.5cr I have my parents helath insurance from a private insurance company, also covered by cghs health scheme,so no major worries about health expenses, for me i have 10lakhs health insurance Apart from this we have family pension also. As of now overall i have a monthly income of around 2-2.25 lakhs. I have a car a bike a scooty all valid for next 8-10 years What should be my goal amount for the retirement, i want it as early as possible As per the current scenario i am assuming i will live max till 75 years age. As of now i can invest 80-90k per month Yet to be married i assume i need atleast Lakhs per month as of now What should be the ideal amount with which i can retire
Ans: Hello;

Hope you have adequate term life insurance for yourself.

You may start a monthly sip of 90 K in a combination of pure equity mutual funds.

After 10 years your sip and lumpsum investment will grow into sums of 2.09 and 1.24 Cr respectively.

This adds upto 3.33 Cr. If you add your ppf and EPF corpus then this should add upto a sum of around 4 Cr.

If you invest this corpus in a conservative hybrid debt fund and do a SWP at the rate of 3.5%, you may expect a post tax monthly income of
1 L+.

As you get married your expenses will rise as also the need to plan for various other goals.

Therefore the decision to retire from regular 9-6 job should be backed up with alternate business plan or such other plan to monetize your hobbies that may yield income over atleast next 10-15 years.

Best wishes;

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