Summer Internship Project – Option 4 – Research Project

(i) Research Topic / Question, motivation and objectives

(ii) Review of Literature
(iii) Research Design (Exploratory, Descriptive or Explanatory)
(iv) Research Strategy (Experiments, Survey, Ethnography, Case Studies, Archival research,
Action Research, Grounded Theory etc) and Research Methods (Qualitative, Quantitative,
Mixed)
(v) Data Collection - Sampling Method, Sample Design, Data Collection Method, Instrument
Design; Credibility of the Instrument
(vi) Data Analysis - Descriptive and Inferential Analysis
(vii) Conclusions, recommendation and new contribution made by the study

 Problem statement - “careers 2.0 for professionals in the pandemic times”

 Key words – new normal, post pandemic, , career counselling, coronavirus impact, laid-off, Covid-
19
 Literature review :
- Defining the current situation, what is a pandemic and covid
- Articles from newspaper
- Articles published by various organisation like BCG, KPMG, EY etc.
 Data & strategy:
- mixed data (quantitative + qualitative)
- primary (questionnaire, interview (structured))
- Secondary data from various websites, videos, secondary interviews, articles
- Comparison of industries with the pre covid time and post covid time
 Analysis and conclusions:
- based on which industries will gain and which industry will lose in this difficult time
- Skills & competencies which would need to be reinvented?
- Industries which are winning
- Jobs which are in great demand
- How to ready the professional for Careers 2.0?

1
 AMBEDKAR UNIVERSITY DELHI
SCHOOL OF BUSINESS, PUBLIC POLICY AND SOCIAL
ENTREPRENEURSHIP

SUMMER INTERNSHIP
PROJECT REPORT ON
“Impact of Pandemic on Jobs”

Marketscope (a Division of B G Consultants Pvt Ltd)

For the partial fulfillment of MBA

Under the guidance of

Dr. Anshu Gupta

Submitted By:
Naman Aggarwal
ROLL No. S193F0020
MBA (2019-2021)

2
3
 TABLE OF CONTENTS

S.NO. PARTICULARS PAGE NO.

1 DECLARATION

2 ACKNOWLEDGEMENT

3 EXECUTIVE SUMMARY

4 LITERATURE REVIEW

6 OBJECTIVE OF THE STUDY

7 METHODOLOGY

8 INTRODUCTION

9 COMPANY OVERVIEW

10 OBSERVATION

11 CONCLUSION

12 REFERENCES

13 APPENDICES
(A). DAILY LOG ACTIVITY PERFORMED AT COMPANY
(B). MANAGERIAL KEY LEARNINIG
 DECLARATION

I, NAMAN AGGARWAL, hereby declare that the project report entitled “Impact of Pandemic on
Jobs”, written and submitted by me to AMBEDKAR UNIVERSITY OF DELHI Kashmere Gate
Campus in partial fulfillment of the requirements for the award of degree of Master of Business

Administration under the guidance of Dr. Anshu Gupta, Assistant professor at Ambedkar
University of Delhi is an original and bonafide work done by me.

Naman Aggarwal
S193F0020
MBA (2019-2021)
 ACKNOWLEDGMENTS

I would like to express my deepest gratitude to all the individuals who encouraged, motivated,
guided me and gave me the possibility to complete this summer internship report.

First of all I would like to express my sincere gratitude and indebtedness to my faculty
mentor Dr. Anshu Gupta, Assistant Professor at Ambedkar University of Delhi for her kind
advice, suggestions, supportive attitude and constant help that have gained for the
completion of this report.

I also express my profound thank to Mrs. Mukesh Batra, Director of Marketscope (a Division
of B G Consultants Pvt Ltd) who gave me the opportunity by taking me as an internee in their
organisation and for her kind co-operation. This proved to be a very good learning experience
for me.

This thank must be extend to all the individuals of Marketscope (a Division of B G

Consultants Pvt Ltd) and my colleagues who helped me directly or indirectly in bringing out
this project report.

Naman Aggarwal
MBA (2019-2021)
Executive Summary:
As we all know this is not the first pandemic faced by humans but things common in all these pandemics
and epidemics is that loss of life’s and loss of jobs. Every time there will be some percentage change in
employment rate & unemployment rate. These emergencies boost up some industries where as some
industries go bankrupt.
The impact of such health emergencies compared over time would be higher in present day, this is
because of large increase in population, types of jobs available, connectivity overseas and technological
improvement overtime. With this it is also true that handling rate of such pandemics has also improved
due to better healthcare, research and technological enhancement.
Career consequences of the pandemic and suggestions offered by some experts for future in order to deal
with such pandemics. Pandemic was difficult to predict and control therefore career competencies and
resilience could make career shocks more manageable. Career shocks differ between short-term & long-
term based on time horizons, across life and career stages.
Covid-19 pandemic to be considered as a career shock that is already having a major impact on people's
work and careers. Consequence of this pandemic will differ for people across career and life stages
which means the impact and outcome of this pandemic depends on what kind of job a person is doing,
what type of education he/she has had and what stage of career he/she is in.

Literature review:
Throughout human history, there have been a number of pandemics of diseases such
as smallpox and tuberculosis. The most fatal pandemic in recorded history was the Black Death (also
known as The Plague), which killed an estimated 75–200 million people in the 14th century. Other
notable pandemics include the 1918 influenza pandemic (Spanish flu).Current pandemics
include COVID-19 and HIV/AIDS.

Origin of 2019-nCoV:[1]

What can be done if a new influenza virus suddenly appears and spreads with alarming speed around the world?
Quarantine of people is an option which involves a lot of effort whereas Vaccination would be useful in
controlling an influenza pandemic but even it would take some amount of time. So, antiviral neuraminidase
inhibitors might provide the first line of defence against a new flu virus (Inhibitors specific for influenza virus
neuraminidase are used to control influenza infections)
(https://science.sciencemag.org/content/293/5536/1776/tab-pdf)

The stockpiles of antiviral drugs (and H1N1pdm influenza vaccine) during a pandemic event are expected to be in
the hands of the industrialized nations. Countries with high population densities and limited access to quality
health care like Mexico and/or India do not have the infrastructure to produce antiviral drugs to meet their
needs during this type of emergencies. Poor nations did not get timely access to what one would consider
minimally adequate drug stockpiles, equipment or vaccine supplies.
(https://www.sciencedirect.com/science/article/abs/pii/S0022519310001864)

The covid-19 pandemic is a career shock for many people across the globe. It has direct impact on both short-
and long-term individual career experiences, opportunities and trajectories. Many facing immediate or imminent
job loss as organizations cut back on service provisions and customer demand decreases. Employers are also
facing significant challenges, including small business owners struggling to keep up with overhead costs.
Unemployment rates have drastically increased since the start of the pandemic. Globally, initial estimates from
the International Labor Organization (ILO) (2020) indicate that roughly 7% of working hours will disappear in the
second half of 2020, leaving up to 200 million people unemployed, particularly individuals and small business
owners working in services, tourism, travel, and retail. There may also be significant increases in
underemployment and reduced wages, resulting in an increase of 8.8 million in the number of ‘working poor’.
These figures clearly indicate that Covid-19 will have a profound impact on people's careers and, as a
consequence, is a major career shock for many people.
(https://www.sciencedirect.com/science/article/pii/S0001879120300592?via%3Dihub)

According to the Job Quality Index (JQI), a research project from Cornell Law School and the Coalition for a
Prosperous America that assesses job quality in the United States, more than 37 million (mostly lower-wage)
jobs may be vulnerable to short-term layoffs due to the COVID-19 crisis and the response to it.
(https://www.statista.com/chart/21204/american-jobs-at-risk-due-to-coronavirus-outbreak/)

Construction had a share of 8% in GVA in 2018-19. But its employment share, according to the 2018-19 Periodic
Labour Force Survey (PLFS), was 12%. Financial services, real estate and professional services, on the other hand,
had a GVA share of 22% in 2018-19. The employment share of this sector was only 3.4%. This means that
construction is a more labour-intensive sector than finance.So, for an equal value of loss in output, job losses in
construction would be far higher than in the financial sector. Bailing out the construction sector can save a lot of
jobs, and mostly of the poor.(https://www.hindustantimes.com/india-news/economic-impact-of-covid-19-
pandemic-to-vary-in-sectors/story-DIWjwnBZoON7ZUvgSMSFOL.html)

The Covid-19 crisis as a career shock: Implications for careers and vocational behavior
- Jos Akkermans, Julia Richardson, Maria Kraimer
 Although the pandemic was difficult to predict and control, research shows that certain
psychological resources – such as career competencies and resilience – could make this career shock
more manageable
 Pandemic may have differential implications over time, as suggested by research that has shown the
consequences of career shocks to differ between short-term vs. long-term time horizons, and across
life- and career stages.
 The pandemic is clearly a negatively valenced shock for most people, further into the future it may
allow for more positive outcomes.
(https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7205633/)

Objective of the Study

- To understand the impact of this pandemic on various jobs provided by different industries.
- To know about importance of skill enhancement in order to get job in such difficult times
- To know the changes brought by this pandemic on applicants and jobs offerings
- To analyse the cause and result of the impact.
- To understand how bad or good is the impact of this pandemic on job openings or closing.

Methodology:

Descriptive study on the impact of pandemic on jobs with the help of secondary information and
tasks provided by the organisation. Data collected in the form of papers published in various
journals, online recorded interviews, and from the internet.

Introduction:
The COVID-19 pandemic has resulted in 11 million confirmed cases and over 525,000 deaths globally and
counting. This pandemic resulting in increasing economic crisis and recession. Self-isolation/quarantine, social
distancing and travel restrictions led to a decrease in the workforce and caused many jobs to be lost. Schools and
colleges have closed down and till date no confirmation as released about when they will reopen. Demand for
goods and services has fallen, panic & bulk buying and stocking up has taken pace. At the time of this global
outbreak I would like summarise the effects of COVID-19 on careers of various professions.

Due to Covid-19 these sectors have faced a lot of impact. It is up to the people to see what they will gain
and what they have lost due to this pandemic. Career shock is an event known as “a disruptive and
extraordinary process concerning one’s career”.
The Covid-19 had an impact on all three sectors of the industries:
Primary sectors which include industries involved in the extraction of raw materials,
Secondary sectors involved in the production of finished products
Tertiary sectors to include all service provision industries.

Given the positive correlation between population density and influenza mortalities, cities used to have greater
mortality rates than rural areas. Compared with 1918, however, urban and rural areas are more connected
today hence this may decrease the difference in mortality rates between cities and rural areas.

Observation:
Conclusion:

References:
1. https://www.who.int/publications/i/item/strategic-preparedness-and-response-plan-for-the-new-
coronavirus