When Dubai resident Sidharth Marthur began studying a business degree at the University of California, Los Angeles, last year, his future seemed bright.
But that was before Covid-19 struck, leaving the global economy a very different place to where it was nine months ago.
Many businesses around the world have since been forced to put their recruitment plans on hold as they instead consider mass redundancies, unpaid leave and salary cuts.
But despite this bleak outlook, Mr Marthur, 20, from India, said he remained confident of graduating from UCLA next year and finding work.
"Location matters," he told The National. "The UAE has not been hit as badly as many other countries.
“Everywhere has suffered but the UAE has been able to open up its economy quicker than most.”
Mr Marthur, who is living with his family in Dubai while the pandemic runs its course, said he was looking forward to a career in the financial sector but was keeping his options open.
He said he was aware of job losses and that competition to find work was likely to become tougher.
He also said some of his friends had had existing offers of employment postponed by companies because of the effect of the pandemic. “I’m uncertain how things are going to pan out,” he said.
“I have some friends who were offered jobs after their graduation this year but now they have been told the start date has been delayed.
“So many have lost their jobs and there are more people than ever looking for work, which creates additional competition.
“I would expect a starting salary of around Dh20,000. However, these are uncertain times and I understand salaries might take a hit.”
Shruthi Dhanwanthary, 30, from Dubai, also gave a warning against complacency.
The recent graduate, who has just joined an educational technology firm, said it paid to keep an open mind.
“I did an MBA in contemporary marketing management and graduated three months ago,” she said.
“I noticed there were suddenly a lot more jobs being advertised in the education and technology sector because of what was happening with Covid-19 and children having to learn from home.
“You are seeing companies doing a lot more online seminars and conference calls, and I think it’s an area that’s only going to get busier.
“My advice to graduates is to be ready to change your expectations.” Divya Rajiv Shishodia, 21, a graduate of SP Jain School of Global Management in Dubai, urged her contemporaries to remain focused and upbeat.
She revealed that she had recently been successful in finding work despite finishing her studies only in May.
“Everybody was telling me ‘you won’t find a job because companies are all cutting back due to Covid-19’,” she said.
“I graduated in May and already have been offered a job at a digital marketing firm. You just have to stay positive and be focused on what you want.”
Claire Donnelly, from MHC Consulting, a business and HR consultancy company in Dubai, agreed that lower wages were a likely outcome for prospective employees. She also said increased competition for work was inevitable in the current climate, and that graduates must have realistic expectations.
“It’s going to be harder than ever for graduates to find jobs because the competition is going to be phenomenal,” Ms Donnelly said.
“People with experience are more likely to take a lower wage now, which is more appealing to companies than hiring someone they will have to take the time to sit down with and train.”
David Mackenzie, group managing director for recruitment firm Mackenzie Jones, said graduates could usually expect a starting salary of Dh10,000 a month, but internships should also be closely considered.
“My advice to graduates who can’t get anything at the moment is to offer themselves up free for a few months, like a ‘try before you buy’,” he said. “This is the perfect time to do it because all companies are cutting costs right now, and if [interns] do well, they might be offered a permanent job later.”
Not all companies in the region are looking to cut costs, however. Some are still hiring.
Serco Middle East, a global outsourcing company that employs more than 4,500 people in the region, recently that announced its 2020 graduate programme would start in September.
“We have an extremely important responsibility to provide opportunities for young talent in the region,” said Hana Abu Kharmeh, the company’s human resources director. “I know a lot of companies have put development on hold but there still needs to be a commitment to help create the leaders of tomorrow.”
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Granta
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UAE tour of the Netherlands
UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures and results:
Monday, UAE won by three wickets
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
A Dog's Journey
Directed by: Gail Mancuso
Starring: Dennis Quaid, Josh Gad, Marg Helgenberger, Betty Gilpin, Kathryn Prescott
3 out of 5 stars
Last 10 winners of African Footballer of the Year
2006: Didier Drogba (Chelsea and Ivory Coast)
2007: Frederic Kanoute (Sevilla and Mali)
2008: Emmanuel Adebayor (Arsenal and Togo)
2009: Didier Drogba (Chelsea and Ivory Coast)
2010: Samuel Eto’o (Inter Milan and Cameroon)
2011: Yaya Toure (Manchester City and Ivory Coast)
2012: Yaya Toure (Manchester City and Ivory Coast)
2013: Yaya Toure (Manchester City and Ivory Coast)
2014: Yaya Toure (Manchester City and Ivory Coast)
2015: Pierre-Emerick Aubameyang (Borussia Dortmund and Gabon)
2016: Riyad Mahrez (Leicester City and Algeria)
Tonight's Chat on The National
Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.
Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.
Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.
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Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
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Fixtures and results:
Wed, Aug 29:
- Malaysia bt Hong Kong by 3 wickets
- Oman bt Nepal by 7 wickets
- UAE bt Singapore by 215 runs
Thu, Aug 30: UAE v Nepal; Hong Kong v Singapore; Malaysia v Oman
Sat, Sep 1: UAE v Hong Kong; Oman v Singapore; Malaysia v Nepal
Sun, Sep 2: Hong Kong v Oman; Malaysia v UAE; Nepal v Singapore
Tue, Sep 4: Malaysia v Singapore; UAE v Oman; Nepal v Hong Kong
Thu, Sep 6: Final
TEAMS
US Team
Dustin Johnson, Jordan Spieth
Justin Thomas, Daniel Berger
Brooks Koepka, Rickie Fowler
Kevin Kisner, Patrick Reed
Matt Kuchar, Kevin Chappell
Charley Hoffman*, Phil Mickelson*
International Team
Hideki Matsuyama, Jason Day
Adam Scott, Louis Oosthuizen
Marc Leishman, Charl Schwartzel
Branden Grace, Si Woo Kim
Jhonattan Vegas, Adam Hadwin
Emiliano Grillo*, Anirban Lahiri*
* denotes captain's picks
CONFIRMED%20LINE-UP
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FULL%20FIGHT%20CARD
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5