72% Indians ready to avail EMI facility to undertake Edtech courses for upskilling:

Most Indians have expressed interest in upskilling and cross-skilling through Edtech courses on Equated Monthly Installment (EMI).

Recent study by the Fintech firm, Fibe, reported the readiness of 72% of respondents to upskill via Edtech courses on EMI.

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

Notably, 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 mirrored that 51% of the overall respondents were keen to pursue an upskilling program in the following one year. 

The report also shows the increasing demand for technical and marketing courses with Data Science, Digital Marketing and Investment Banking courses coming out as top choice.

But corporate professionals are caught in serious snags in their upskilling/ reskilling process. While 30% of respondents stated that absence of time comes in the way of their desire to take a course, 69% of respondents mentioned budget as a constraint.

Emphasizing the salient trends, the report stated that in Delhi, 23% opt for AI and 38.20% opt for Data Science whereas in Bengaluru, AI is opted by 27% and data science by 36.80%.

In gender-based segregation, 51% of women respondents were interested in soft skills and communications, while 45% of men respondents were interested in data science and AI.