Sunday, February 25, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Education and Recruitment Education Every year over 30 Mn College Going Students require skill development to...

Every year over 30 Mn College Going Students require skill development to be Job Ready, will India able to solve this problem? : Ken Research

India Career Skilling industry, which is growing at unprecedented rate as there is a clear expectation mismatch from Employer and Students even after attending higher education.

1. Every year 9.2 Mn students graduate from colleges, majority of them are looking for formal job but only some are able to secure one

  • Lack of tie ups / employers hinder job opportunities of tier 2, 3 and 4 colleges with placement Agencies
  • Lack of course comprehensiveness / counselling that can guide them on how to perform the job KRAs

India Career Skilling MarketClick to Read Full Article: Unemployment Reasons Among Graduates in India

2. Strong Rise in Demand for Online Courses seen from Working Professionals & Graduates.

India Career Skilling Market

  • Strong Rise in Demand for Online Courses seen from Working Professionals & Graduates is presenting an opportunity for an Ed-tech Platforms.
  • Out of 5-6 Mn 0-1 yr. Graduated working professionals, ~ 40% 5 are interested and have taken part-time Specialized Up-skill courses
  • 40% new entrants have already invested up to 30K on Career Skilling Courses. 65% of the new entrants are open to paying a premium up to 10% and willing to pay more basis role, industry domain, existing salary and brand equity etc.
  • Newly recruited individuals prefer shorter course durations, with ~ 60% choosing up to 3 months
  • 46% of the new entrants are aware of career skilling platforms and have already opted for a course wherein Major Platforms included Coursera, Udemy, EdX, Future Learn, UpGrad & Edureka.

To learn more about this report Download a Free Sample Report

Rising focus towards free learning content to onboard users & introduce them to online learning were the strategies adopted by such players to evolve in the lockdown situation. For example, UpGrad launched a host of free courses under the brand name of Upstart and has recorded 26,000+ enrolments for 350 hours of such courses. Major type of courses chosen by graduates and undergraduates are: Team Management, Business Communication & Leadership. In Tech: Majorly Advanced Level of Data Science, Design and Programming 

India Career Skilling MarketVisit this Link: – Request for custom report

3. COVID-19 accelerated Trend in adoption of Online Learning in India

Request free 30 minutes analyst call

Rising focus towards free learning content to onboard users & introduce them to online learning were the strategies adopted by such players to evolve in the lockdown situation. For example, UpGrad launched a host of free courses under the brand name of Upstart and has recorded 26,000+ enrolments for 350 hours of such courses. Major type of courses chosen by graduates and undergraduates are: Team Management, Business Communication & Leadership. In Tech: Majorly Advanced Level of Data Science, Design and Programming

RELATED ARTICLES

Emerging Trends in Indian Test Prep Market: AI, AR, and the Future of Learning

In the bustling realm of India's education sector, the test preparation market stands as a pivotal domain, shaping the academic journeys of millions of...

Skill Up, Lead Up: Unveiling the Power of Executive Education Market in India

India has transcended traditional boundaries, becoming a transformative force in the professional development realm. This blog ventures into the intricacies of the executive education...

Outsmarting the Future: India’s Executive Education Market Powerhouse

In the fast-paced world of professional development, education market stands as a key player, offering a diverse array of programs tailored for professionals seeking...

Most Popular

Skin Care Market Segmentation: Unveiling Needs and Targeting Strategies

The skincare market is a vast and ever-evolving landscape, encompassing a diverse range of products and catering to a multitude of needs. To navigate this complex...

Biopsy Devices Market Size, Share, Trends & Forecast 2029

The global Biopsy Devices Market is set to experience robust growth in the coming years, driven by a combination of factors such as increasing...

A Growing Industry of Protected Cultivation, Insights on Share and Growth

Introduction to Protected Cultivation Protected cultivation, also known as greenhouse farming, revolutionizes traditional agricultural practices by providing controlled environments for optimal plant growth. This article...

Emerging Trends in Indian Test Prep Market: AI, AR, and the Future of Learning

In the bustling realm of India's education sector, the test preparation market stands as a pivotal domain, shaping the academic journeys of millions of...