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Is Higher Education Necessary to Achieve Financial Success?

Perspective of a student –

During our childhood, we all must have heard from our parents and elders that if we study hard during our childhood, we will reap the sweet fruit of it during our later years of life, but we have many examples in front of us like Mark Zuckerberg who left the Harvard University without even completing his degree but still, he has a net worth of 10,680 crores US $. And one of the greatest examples will be of Steve Jobs, so today most of us will be proud and feel self-satisfied of having the latest model of i-phone with us but this couldn’t have been possible if back in 1997 a college dropout wouldn’t have “THINK DIFFERENTLY” approach and launched an entire series of iMac, iTunesiTunes StoreApple StoreiPodiPhoneApp Store, and the iPad.

Education is one of the important factors which might help us to decide our future goals and career paths to lead towards financial success in the future but it is surely not the most necessary component for creativity, innovation, and constructive disruption in society and most importantly for our financial success. The era of Industry 4.0 has demanded an immense need of technical skills which were not there in the existing fundamental formal education structure but since the New Education Policy 2020 came in, it signifies that how important IT and technical skills are, that the government has to include it in the basic curriculum of primary and elementary school children.

The current digital era has brought many new professions that do not require higher education. So even if we consider time duration of the long back but just recently a decade ago, people would have never believed that “vlogging” – making videos and posting them online – would be a future career option. Now, some vloggers pay the bills uploading YouTube videos alone which have given rise to an entirely new segment of “social media influencers”. Irrespective of whether you hold any degree or not it has no impact on your popularity.

Having a formal degree does not directly lead to a successful career. If we look into the current scenario most of the employers place a higher value on experience, which could mean volunteering, work experience, or general experience of life for selecting the best fit for their organization. With a mixture of skills, hard work, and luck, people will do just fine even without degrees.

Even in this era of the COVID-19 pandemic, we have seen a sudden higher drift in the demand of online Artificial Intelligence, Machine Learning based technical and behavioral competency-based skill-courses which are quoted as vital to survive and compete in the current job market. As been quoted in one of the recent advertisements that to progress in career, continuous learning and skill-building are also important apart from basic institutional education.

One thing is also clear that most people do not land up working in their dream job aligned with their education even if they have enough skills for such a job or work. Intensive research should also be a mandatory part of the curriculum to reduce the current skill market gap and make our present and future workforce being ready for jobs in the upcoming digital era which will ensure financial stability along with a wider knowledge base as well.

As per an article in Financial Express dated December 26, 2018, India had only twenty- one thousand publications during the last decade which seemed to stand nowhere in the global mark. India holds its heads high in some of the key areas like traditional healthcare facilities existing in Ayurveda and other ancient histories. To survive and get successful in the current globally cut-throat competitive market, we should try to adopt an appropriate mix and balance of our ancestral knowledge along with adding technological aspects to the same.

And all these courses demand deep learning and research on the subject area which can be learned through various sources but just limiting ourselves to textbook knowledge or few restricted sources will never help us in attaining the right results rather we should focus more towards attaining a proper balance of theoretical knowledge along with practical aspect into the same.

So to conclude we can say that formal education should be made mandatory but then it should be flexible enough to let a student explore the creativity, innovation, and technological aspects of themselves. At IILM where I study for my higher education, the nurturing environment has given me the flexibility and freedom to choose from a wide array of electives and soft skills to pursue my passion and creativity and be future ready.

Author – Harshita Jain

MBA, Year II – IILM University Gurugram

 

 

What is Toxic Empathy and How to Emotionally Protect Yourself?

What is Toxic Empathy?

Toxic empathy is when a person over-identifies with someone emotions, feelings and takes them on as their own personal. Although, if the other individual’s anxiety and stress keep you from your current tasks and responsibilities, it is called toxic empathy.

Toxic empathy is when you do not just replicate and reflect another person’s emotions or feelings, you also experience and consume them. Consuming someone else’s problems can cause you to become equally overwhelmed or even more so. When you replicate another person’s emotions as your own, you make them your emotions too even though you are only empathizing or putting yourself in that person’s shoes.

People who are overly-empathetic or hyper-empathetic may gradually lose their own wants, needs as the feeling when overshadowed by another person’s emotions. These people experience others’ emotions to an extent where they lose themselves and feel the pain or negativity and in some cases positivity of another person. This diverts them from their own path and their life and onto someone else’s.

Regular over empathizing can lead to a reduced capacity of making one’s own decisions as per their best interest. They may also experience draining feelings physically and mentally since they draw away from their own feelings. People who give greater importance to others’ lives and needs above their own experience general anxiety and even mild depression at times. They don’t think of themselves often and are fully consumed by others’ sentiments they report feelings of emptiness and meaninglessness. They mostly look at situations from another person’s perspective rather than their own.

Some signs you may be experiencing toxic empathy are:

  1. Pitying others’ situations often and use it as a justification if they are mean and unpleasant towards you.
  2. Giving in to others’ demands easily and find it hard to say no or refuse.
  3. Unintentionally physically replicate another person’s stress i.e, feeling like you have a knot in your stomach, clammy hands, etc.
  4. Emotionally mirroring another individual’s pain and feeling persistent emotions of sadness and suffering for a prolonged period of time.
  5. Feeling exhausted physically and psychologically after interacting with people.
  6. Being unable to complete or fulfil your own responsibilities because you feel overwhelmed by your feelings.

Managing toxic empathy

Emotional Hijacking

Emotional hijacking is when another person’s thoughts and feelings have control over your emotions and feelings. People who have a high empathic quotient and are prone to toxic empathy may experience emotional hijacking during a process like venting. They can absorb the other’s frustrations and replicate them. To prevent this, you must observe what emotions you feel when someone is expressing their feeling to you and remain calm, relax. Composing yourself later on and relaxing gradually will allow you to release the other individual’s emotions and empathise in a healthy way.

Healthy relationships

In mutually healthy relations both parties’ emotional needs are given proportionate importance. It uses the give and take method where both parties act as listeners and speakers as well. Every healthy relationship has a well defined boundary where everyone’s needs are met and an equal amount of support is given to both individuals. Communication is key and is necessary in order to fully express and let go or relive yourself from some of the negative emotions you are feeling. Communication in a healthy relationship would make you feel heard, lighten your mood and deepen your connection with the other individual.

In a healthy relationship, boundaries are extremely important since they help you distinguish between your own needs and the other person’s needs which allows you to shield yourself from toxic empathy.

Psychologists near me

If you feel that you are always overwhelmed with your emotions, listening to others’ problems causes you to stress, seek the help of distinguished Psychologists at IILM would be happy to guide and counsel you. Our faculties can help you understand the causes and help you balance empathizing with others, managing your own emotions and forming healthy relationships.

Please feel free to write to us at megha.pushkarna@iilm.edu The distinguished Psychologists at IILM would be happy to guide and counsel you.

 

 

 

ANANYA PANDEY FROM BA YR II Batch 2019