Report says 72% India take EMI option to pursue Edtech courses to brush up skills

By Anjali Sharma

NEW YORK – Fintech company released a report on Monday said that a majority of Indians have showcased their interest in the up skilling and cross-skilling through Edtech courses on Equated Monthly Installment.

The report reveals that 47% of working professionals prefer to enhance their skill sets in their current domain or cross-skill in a different domain while 25% want to up skill into domains not linked to current professional area.

The report highlighted that a large proportion of working professionals are spending time on online learning and feel the need to enhance their skill sets.

Fibe’s study reflected that 51% of the total respondents interested in taking up an up skilling course in the next one year.

The report indicates a growing appetite for technical and marketing-oriented courses with Data Science, Digital Marketing and Investment Banking courses being the top selection.

It noted that working professionals face significant challenges in their upskilling/ reskilling journey.

Report indicated that 30% respondents said that lack of time comes in the way of their aspirations to pursue a course, 69% respondents cited budget constraints as a challenge.

It highlighted the key trends, the report said that in Delhi, 23% prefer AI and 38.20% go for Data Science while in Bengaluru, AI is preferred by 27% and data science by 36.80%.

The report added that in gender-wise segregation, 51% of female respondents showed interest in soft skills and communications while 45% of male respondents showed interest in data science and AI.