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Best Free Online Courses in India For Students & Working Professionals [2024]

Updated on 03 January, 2024

12.96K+ views
19 min read

Learning is a continuous process of expanding one’s knowledge base and skillset. There’s no end to upskilling. The more invested you are in acquiring new skills and knowledge, the higher is your chance at climbing up the professional ladder. In the cut-throat competitive market, it certainly pays off if you have niche skills and industry experience. 

And surprisingly, education and learning need not always come with a price tag – some of the best things in life are free!

This is why upGrad has designed a unique learning ecosystem, “upStart-Priceless Learning,” to help aspirants stay ahead of the competitive curve. You can choose courses from three trending domains – Data, Technology, and Management & Digital Marketing. The best part – all the programs under this initiative are free of cost! 

Now, without further ado, let’s check out the best free courses online offered by upGrad under the Priceless Learning initiative.

Also Read: Short Term Job Oriented Courses

Best Free Online Courses you Should Consider for Upskilling!

1. Business Analytics Starter Pack

As we continue to sit in a data goldmine, the importance of Business Analytics only increases manifold. Data in its raw form is of little use to companies. This is where Business Analytics enters the picture to give meaning to the hidden insights with large datasets. These insights then go on to shape and transform business ideas and strategies. 

upGrad’s Business Analytics course is a six-week-long program. It will introduce you to all the buzzwords and fundamental concepts of Data Science. You will learn how to identify business challenges and build hypotheses around them.

The course teaches you how to harness the potential of Business Analytics to promote data-driven business decisions. Plus, you will learn how to leverage Excel and Excel-based EDA techniques to highlight valuable data insights. Read more about career options in business analytics.

2. Python for Data Science

Python is undoubtedly one of the most lauded programming languages of developers and Data Science professionals. Its English-like syntax and easy learning curve make it an ideal language for beginners. Python’s applications have surpassed the world of software development and extended to the Data Science domain. Its vast assortment of libraries, modules, and frameworks further enhances its popularity and potential. 

The Python for Data Science course includes a step-by-step tutorial on Python, covering all of its fundamentals, including lists, strings, and data structures. You will learn trending Data Science jargon like EDA, Feature Engineering, Big Data Optimization, Deep Learning, Predictive Analytics, NLP, and Recommendation Engines.

You will also get to explore and work with three extensively used Python libraries – NumPy, Pandas, and Matplotlib. The course duration is four weeks. Read more about career options in Python.

3. Introduction to Machine Learning Concepts

Machine Learning is an omnipresent force in the market right now. From powering essential tools and applications we use in our daily life to building complex ML applications for business, ML technology is here to stay. The market demand for skilled and qualified ML experts is soaring high, which is precisely why you should consider gaining ML skills!

As the name suggests, Introduction to Machine Learning course will introduce you to the basic concepts of ML, focusing on three core areas – Logistic Regression, Linear Regression, and Clustering.

In six weeks, you will learn to use Logistic Regression to perform binary classification of factors and Linear Regression to determine the potency of the relationship between a dependent variable and multiple independent variables. The course includes an exciting module on Recommender Systems, the driving force behind Recommendation Engines used by industry giants like Netflix and Amazon. Read more about machine learning career. 

4. Introduction to Deep Learning and Natural Language Processing

Deep Learning is a subset of Machine Learning. It is the technology that powers autonomous cars, smart personal assistants, facial recognition systems, and CRM systems. Today, Deep Learning has helped Data Scientists to unlock multiple levels of representation of natural human languages, thereby advancing Natural Language Processing (NLP) to the next level. Machine translation, sentiment analysis, text summarization, speech processing, and image recognition are some of NLP’s best applications.

This four-week-long course focuses mainly on teaching students how to use various Mathematical tools, methodologies, and techniques to understand Deep Learning and NLP concepts. Once you gain mastery over fundamental math concepts and techniques, you can understand how neural networks function and how to use feedforward and backpropagation algorithms.

Our learners also read: Learn excel online free!

The course also imparts detailed knowledge of NLP concepts and teaches students how to use regex to build real-world tools like spell correction, phonetic hashing, and spam detection.

5. Statistics for Data Science

Statistics has a vital position in Data Science. Data Scientists, Data Analysts, BI Analysts, and ML Engineers use different statistical tools and techniques to process and analyze data to find meaningful patterns. Both quantitative and qualitative statistical analyses are pivotal in solving real-world business problems. 

upGrad’s Statistics for Data Science course aims to teach students the nitty-gritty of inferential statistics and hypothesis testing in five weeks. In this course, you will understand the basics of Probability, different types of distribution, and sampling techniques.

You will also learn how to apply hypothesis testing concepts to test whether your assumptions about the population data are valid using a sample dataset. The course includes an assignment wherein you test your theoretical knowledge by applying these concepts for QA testing of painkiller drugs manufactured by a pharma company.

6. Data Science in eCommerce

The eCommerce industry presents one of the strongest use cases for Data Science technologies and applications. Data Science tools allow eCommerce companies to boost productivity, increase sales, enhance personalization, and improve overall customer experience. 

This Data Science in eCommerce course covers five modules in five weeks. The introductory module teaches you all about the algorithms that fuel Recommendation Engines. You will learn about price optimization, market mix modeling, and A/B testing. The assignment in this course is building a Recommendation Engine based on user preferences of beer.

7. Getting Started with Excel (Basics & Advanced)

Microsoft Excel is one of the most widely used tools for data manipulation and analysis and is now the gold-standard. Its data analysis functions range from fundamental mathematical functions to complex statistical analyses. Proficiency in Excel can increase your employability factor, making you a valuable asset for a company. 

In this four-week-long upGrad course, you will learn how to use Excel for performing routine data analysis operations, analyze patterns within data, and present your findings clearly and concisely. This course will teach you how to perform EDA (exploratory data analysis) using Excel.

8. Getting Started with SQL Programming

SQL is an excellent choice for data mining and manipulation. It allows developers to combine data from disparate sources seamlessly and also view the extracted data in real-time. Furthermore, SQL programming language is ideal for managing databases and servers. As the industry use cases for SQL continue to rise, SQL developers’ demand is also skyrocketing. 

This SQL course is a four-week-long program that teaches students about SQL and MySQL and database design basics. Once you master the fundamentals, you can learn advanced SQL concepts like window functions, case statements, stored functions, and query optimization. The final module includes an assignment wherein you will apply your SQL knowledge to determine when to buy and sell stocks. 

9. Getting started with Java Programming

Java is a favorite of coders and Data Science enthusiasts worldwide, and rightly so. This platform-independent language is dynamically-typed with multi-threading support. Java is capable of handling complex functions like memory management smoothly. It is backed by active community support. Companies like LinkedIn, Google, Android, Netflix, Amazon, Spotify, Apple, Slack, and Intel use Java in their tech stack.

The six week Java programming course covers all the right bases of Java. You learn about variables, data types, conditionals, loops, and functions. It also expands upon object-oriented analysis and design while focusing on four core principles of OOP – Abstraction, Encapsulation, Inheritance, and Polymorphism. Learn more about full stack. 

10. Introduction to Blockchain 

Blockchain technology is a hot trending topic in the industry that’s gaining rapid popularity alongside AI and ML. After transforming the BFSI sector with its disruptive approach, Blockchain is now penetrating other sectors, including healthcare, education, real estate, logistics, manufacturing, etc. As Blockchain tech’s industry adoption continues to increase, new positions requiring Blockchain skills and expertise are cropping up. 

upGrad’s introductory course on Blockchain is a two-week program that teaches students the basics of Blockchain technology and cryptography such as Smart Contracts, Digital Signatures, and PKI. You will gain in-depth knowledge of Smart Contracts, its features, and the industrial applications of Blockchain.

11. Blockchain Development with Ethereum

Ethereum is an open-source, decentralized Blockchain platform primarily used for developing and running Smart Contracts and Distributed Applications (DApps). It is the technology that powers the cryptocurrency ether (ETH). Ethereum is a peer-to-peer network that isn’t controlled or governed by any single company or government. 

In this four-week Blockchain program, Ethereum is the focus area. While you will learn about Blockchain’s basics, the course also teaches about the global use cases of Blockchain. As a practical experience, you will learn how to design and build Smart Contracts and deploy them on the Ethereum network.

12. Node.js for Beginners

Node.js is an open-source, cross-platform, JavaScript runtime environment built on Chrome’s V8 JavaScript engine. It can execute JavaScript code outside a web browser and allows developers to use JavaScript to write command-line tools and server-side scripting. 

In this short-term course, you will learn the basics of Node.js and how to build network applications using Node.js. You will also learn how to write applications using Javascript and run them within the Node.js runtime on different operating systems (OS X, Windows, and Linux), all in two weeks!

13. Crack Interviews with Data Structures & Algorithms

Data structures and algorithms are the two crucial pillars of programming. While data structures hold (contain) the data, algorithms help solve business challenges using data. Data structures and algorithms allow developers to write scalable code. 

upGrad’s program introduces learners to the world of data structures and teaches them about the basic concepts of arrays and linked lists. You learn about algorithm analysis and how to determine the efficiency of different algorithms. T

he course will train you on the many ways of using searching and sorting algorithms and stacks and queues. You will work on two assignments – one focuses on applying the search algorithm when the array size isn’t known, and the other project focuses on using stacks and queues to develop new features in a browser.

14. Mastering React.js with Phone Directory Application

React is a JavaScript library used for developing interactive UIs and UI components. With React, you can design views for each state in your application. By using declarative views, your code becomes more predictable and easy to debug. It allows you to build complex UIs from isolated chunks of code called “components.” 

In this three-week-long upGrad course, you will learn the core concepts of React.js while developing the UI for a Phone Directory application. This project will help you understand how to handle the view layer for web/mobile apps and how to use React to create reusable UI components.

Learn more about upGrad free courses

15. Getting Started with Frontend Development

At present, there’s a massive demand for Frontend Developers. Since more and more companies are creating their presence in the digital domain, web development has become a promising career option for aspiring developers. Frontend Developers primarily focus on designing and implementing the user interface of websites (with which end users interact). They can work either independently as freelance developers or for organizations. 

This is a four-week course on Frontend Development in JavaSript. The program has two modules. In the first module, you will learn about the fundamental concepts of Frontend Development like variables, data types, conditionals, loops, arrays, objects, and functions. The second module teaches about intermediate and advanced concepts like scope, closures, hoisting, prototype, asynchronous nature, callbacks, and promises.

16. Getting Started with Digital Marketing

Digital Marketing has completely transformed the way brands interact with their customers and promote brand awareness. Living in the digital age, if brands do not create an online presence, they’re losing out on an ocean of opportunities to market their products to the right audience and expand their market reach.

Digital marketing combines various techniques like SEO, SEM, PPC ads, social media marketing, content marketing, email marketing, etc., to help companies create a comprehensive marketing strategy.

upGrad’s Digital Marketing program spans for five weeks. It has five modules covering the essentials of Digital Marketing – Fundamentals of Marketing, Social Media Marketing, Search Engine Optimization, Search Engine Marketing, Email Marketing, and Web Analytics. The course aims to help students understand how Digital Marketing works and how to leverage its various tools.

17. Management Essentials

Management skills hold immense value in the present market. Companies are always on the lookout for candidates who possess niche skills and domain knowledge coupled with business management expertise. By acquiring management skills, you imbibe leadership and team spirit along with a problem-solving mindset. Since these skills apply to almost every industry, you can find job opportunities across multiple sectors. 

This is a three-week introductory course on business management that teaches essential skills like the art of presentation, negotiation, and persuasion. While you learn critical marketing concepts, you also learn how to create a successful brand strategy, pricing strategy, and targeting the right audience.

18. All About Social Media Marketing

Social media is no longer a tool for connecting with people across the globe. Today, social media channels are helping connect businesses with their potential customers and buyers with sellers globally. It is a marketing tool that companies cannot ignore. 

In this social media marketing course, you learn about the evolution of marketing and marketing communication. You will also understand how to design actionable marketing strategies by using the right digital channels. The course also teaches learners how to build social media strategies by gaining a comprehensive knowledge of the Social Media Landscape.

You have to endorse your brand in the international market if you want to boost brand awareness.  This is where the role of Social Media Marketing comes into play. It is one of the greatest aspects of digital marketing. Moreover, a huge portion of the Indian population is accustomed to using social media platforms like Instagram, Facebook, Twitter, etc.

People globally follow renowned businesses and brands on social media platforms. So, every business depends on its social media presence. It is essential to keep your brand in the attention of the public to increase your business sales. This can be effectively accomplished using social media marketing.

Note that social media marketing is a lucrative career, although you don’t own a business. You can pursue one of the best online courses in India to become a proficient social media marketer and enhance your resume.

19. Learn Top Digital Marketing Skills of 2020

As we mentioned earlier, Digital Marketing skills are highly valued by companies across all parallels of the industry. Digital Marketing experts usually command high annual packages for roles like Digital Marketing Manager, Content Strategist, SEO/SEM Specialist, UX Designer, and Social Media Marketer. 

upGrad offers this six-week-long Digital Marketing course to help aspirants gain mastery over domains like social media marketing, search engine marketing, and content marketing. Besides learning theoretical knowledge, you will learn how to create effective marketing campaigns, run ads on different marketing platforms, and monitor key metrics to track campaign performance.

20. Graphic Designing:

There are various courses available if you have a creative flair for graphic design. Whether you are a beginner or an expert at graphics design, you can pursue one of the best online courses in India. These courses teach you the fundamental principles of Photoshop, Professional Logo Design, Creating Brand Systems, Visual Design, Building Creative Websites, Typography, and several other fundamental facets of graphic designing. The experts in the related field teach all aspects in detail.

21. Creative Writing

Creative writing is a recommended career if you can write inspiring articles, essays, stories, poems, etc. The related best free online courses shape your thought process by imparting you the fundamental aspects of writing. They provide you with an edge over competitors if you aspire to become a prolific writer. You can also work as a freelance writer for different websites or get a job in an esteemed creative writing firm.

Why are free online courses becoming popular in India?

  • You can learn at your convenience and from anywhere.
  • You can review lectures to understand and revise their content thoroughly.
  • They save time and money.
  • There is the availability of talented and the best instructors from all over the world.
  • They provide a great opportunity to interact with students from different countries and backgrounds.
  • They let you share ideas on a wide platform.
  • The best free online courses provide certification to justify your talents and enhance your resume.

Benefits of free online courses

1. Imparts cutting-edge skills:

These courses impart the latest skills in your chosen area of interest. They prove to be helpful if you know the fundamentals of some topics and are interested in upgrading your knowledge without any expense. No need to enroll in any school because you can pursue these courses at your convenience. You only need to make sure you find a suitable online course. Moreover, most of these courses are comprehensive and cover all essential aspects of the topic.

2. Wide range of courses:

You can find a free online course on content creation, social media marketing, graphics designing, programming, or any other topics you wish. The availability of a broad range of the best free courses has simplified the selection for students. All you need to do is choose the most suitable free online course and make sure to complete it thoroughly.

3. Provides certificate:

Many online free courses provide a certificate to students after the course completion. You can show this certificate during a job interview or job promotion. It works as evidence that demonstrates your skills. Some of the best free courses provide certificates that are recognized worldwide. They enhance the resume, which ultimately helps you advance in your career. The more online certificate courses you complete in your area of interest, the more skills you will learn.

4. No time restraints:

You need to attend classes when pursuing an offline course physically. You need to pay attention, although you may be sick. On the other hand, online courses help you to learn the lessons whenever you want. There is no time restraint on how long you can continue learning a particular topic.

These courses are beneficial for those people who have busy lifestyles. Generally, these courses’ lengths vary from an hour to 20+ hours. You can decide when you wish to listen and how much time you want to dedicate per day. For example, you can learn multiple easy chapters in a day, whereas you can complete a difficult chapter in a few days. The free courses with certificates let you continue learning from where you left off the next day.

5. Prepares you before college:

These courses are useful if you want to prepare before enrolling in a college. They can upgrade your knowledge before your exams. Many students pursue free online courses to get acquainted with the type of lessons they need to study in their offline courses in college.

Many experts suggest that students pursue a relevant free online course before joining college. It helps them to learn the fundamentals and check if that subject domain interests them or not. Many students choose a professional degree course for college without knowing its course curriculum and the job scenario. The online courses acquaint them with both these aspects so they get an exact overview of what they would study and how their career would be.

 6. Tests and quizzes:

Many free courses with certificate and also some free courses without certificate support options to test your knowledge. Quizzes and tests are arranged at each chapter’s end or the entire course’s end. These tests and quizzes help you check if you remember what you learned during the course. You can go back to a particular chapter if you have missed something. Another benefit is that it’s not compulsory to share your results. The results of tests and quizzes are for personal evaluation only.

Conclusion

Each of these upGrad courses promises dedicated and one-on-one student-mentor interaction, top-notch learning resources, weekly live lectures, industry assignments, and a certificate of course completion – all free of cost!

These courses span anywhere from 2 to 8 weeks, which is not a very demanding time commitment for students and working professionals. By committing 30-45 minutes every day, you can gain trending market skills and knowledge. 

All the free upGrad courses under the Lifelong Learning initiative have been crafted in collaboration with leading industry experts. As always, like all upGrad offerings, these courses will be taught by best-in-class instructors.

You can also check our IIT Delhi ProgramsIIT Delhi is one the most prestigious institutions in India. With more the 500+ In-house faculty members which are the best in the subject matters. upGrad has now partnered with top institutes in India like IIT Delhi and IIM K to provide industry-relevant courses

So, how about upskilling with upGrad’s Lifelong Learning initiative?

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Frequently Asked Questions (FAQs)

1. What is the importance of business analytics?

Business analytics is the discipline that involves the collection, analysis, and interpretation of data to provide insights and make decisions that help organizations maximize profit, improve productivity, and reduce risk. It can also be used to improve the efficiency of a company by identifying where data is lacking and making recommendations to improve the operation. Data analytics is the first step in the business analytics process and involves the manipulation of large volumes of data to extract actionable information. The second step in the process is data exploration, which involves using advanced data analysis methods to discover new trends, patterns, and relationships within the data that were not visible using basic analysis methods. The final step in the process is data presentation, which involves the use of data analytics and data visualization to communicate insights to an audience.

2. What are the uses of Python?

Python is a programming language that makes it easy to write programs that perform complex operations on large datasets. The language has a rich ecosystem of libraries and tools that makes it easy to build sophisticated programs that perform complex operations on large datasets. Some of the most common uses of Python include web development, data science, machine learning, software engineering, and game development. Most programming languages are used for a specific purpose, such as writing code for a web app, but Python is flexible enough to be used for a variety of different purposes. This flexibility makes Python a good language for a wide variety of programming tasks.

3. Why is front-end development important?

Front-end development is the process of building the front-end of a website. This is what you see when you visit a website. It is the interface that your users will see and interact with on your website. Front-end development also includes the process of building the user interface (UI), adapting it to the technology that you are using, and finally testing and deploying the site to make sure it works. Its development is a specialization of software development that incorporates a combination of computer programming and design. It deals with the presentation layers of a web application such as HTML, CSS, and JavaScript.

4. What is the importance of business analytics?

Business analytics is the discipline that involves the collection, analysis, and interpretation of data to provide insights and make decisions that help organizations maximize profit, improve productivity, and reduce risk. It can also be used to improve the efficiency of a company by identifying where data is lacking and making recommendations to improve the operation. Data analytics is the first step in the business analytics process and involves the manipulation of large volumes of data to extract actionable information. The second step in the process is data exploration, which involves using advanced data analysis methods to discover new trends, patterns, and relationships within the data that were not visible using basic analysis methods. The final step in the process is data presentation, which involves the use of data analytics and data visualization to communicate insights to an audience.

5. What are the uses of Python?

Python is a programming language that makes it easy to write programs that perform complex operations on large datasets. The language has a rich ecosystem of libraries and tools that makes it easy to build sophisticated programs that perform complex operations on large datasets. Some of the most common uses of Python include web development, data science, machine learning, software engineering, and game development. Most programming languages are used for a specific purpose, such as writing code for a web app, but Python is flexible enough to be used for a variety of different purposes. This flexibility makes Python a good language for a wide variety of programming tasks.

6. Why is front-end development important?

Front-end development is the process of building the front-end of a website. This is what you see when you visit a website. It is the interface that your users will see and interact with on your website. Front-end development also includes the process of building the user interface (UI), adapting it to the technology that you are using, and finally testing and deploying the site to make sure it works. Its development is a specialization of software development that incorporates a combination of computer programming and design. It deals with the presentation layers of a web application such as HTML, CSS, and JavaScript.

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Nitin Gurmukhani

There is no better service to society than helping voluntarily. Grammarly fan, random reader, and an avid learner.

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India’s Education Sector needs a new Avatar, a Contemporary Approach

5.18K+

India’s Education Sector needs a new Avatar, a Contemporary Approach

This article was originally published in Economic Times. Everyone seems to be talking about disruption. Like “startup” and “funding”, “disruption” has become a part of our daily parlance and evinces a strong sentiment among entrepreneurial enthusiasts. We are seeing disruption across sectors and levels, all of which is helping us in reimagining the world around us. Education, meanwhile, is crying out for disruption but is going unheard. It is a sector that is brimming with opportunities and waiting to be tapped with an innovative approach. The Need of the Hour The question is, are our institutions and universities imparting knowledge for a world that does not exist anymore in its old avatar? And are all of us, especially our youth, becoming smarter learners? The answer for both these questions is a resounding “yes”. The Idea Called UpGrad: Why Education is Serious Business India has the largest college-age population in the world — close to a staggering 125 million — but it is startling to know that less than one in five of them is doing their post-secondary education. This means only 20% of college-age youngsters are doing their higher education as opposed to 90% in the US. Will India be able to achieve its gross domestic product (GDP) growth targets at this rate? No. Will we need to double our participation rates in higher education in the next five-ten years? Yes Can pure offline, brick-and-mortar college and university models fill this massive gap? Again, the answer is obvious. Look at the challenges. One, it takes four-eight years to set up one campus/university and at its peak it could cater to 5,000-10,000 students. Two, we need to have enough trainers and teachers to feed into these facilities, many of them in remote areas or away from cities. Three, the cumulative outlay at scale for private or public-private partnership (PPP) models to cater to the entire college-going population will be nothing short of $100 billion. Four, over half of this 125 million youngsters, I believe, will have compulsions to take up a job very early in life for socio-economic reasons and may not have the flexibility to go back to college after that. In this scenario, online education can be the big disruptor for India. Of course, there will be myriad challenges, but it offers exponential solutions: it can reach the remotest parts of India, aggregate the best faculty as everyone from the offline world can participate with much less demand on their time and lastly our youth can stay in their jobs while continuing to learn. Kushagra Saran’s Journey while Impacting Education Disruption in online education can be the answer to the gigantic challenge that India, called the youngest nation in the world, is facing. If we do not create equal opportunities and access to the best learning/upskilling/upgrading centres for our ambitious and aspiring youth, our demographic dividend can turn into a demographic debt. Skill India too has a goal to train over 400 million people by 2022 and this audacious outreach can be achieved only by radical disruptive thinking and bold execution. However, online will not succeed if it simply copies traditional teaching methodology. Online education should be more focused on professional education and post-graduation as those demographics look for flexibility and augmentation. For early years and K-12, brick-and-mortar schools will continue to play a big role in the holistic development of the child and online education will only be a supplement. Five-Year Plans For online education to be disruptive and for it to succeed, education will have to be thought through as a digitalfirst medium. Technology will have to be integrated to create a superior learning experience on the online platform. Online education has to move away from being a glorified content library; it has to involve peer-to-peer discussions, alumni chats, group studies and more. It has to shed its reputation of providing isolated, individual learning platforms and evolve into a social platform where you are not learning alone but studying together with a lot of individuals. Let’s come to terms with a few things. In the 21st century, what we learn will have less and less relevance after five years and hence there is a need for constant upgrade. Convergence of new forms of learning will be the fuel for and engine of economic growth. Universities need to develop programmes that are linked closely with employer demands. Otherwise, the results will be disastrous: while job seekers overspend on education programmes that are less likely to result in ideal employment opportunities, employers will be hiring poor fits. We need to change the mindsets of multiple stakeholders — academia, companies, students, young professionals and, most important, families — because how we learn and who we learn from have transformed. Our dependence on experts and figures of authority has diminished while our ability to learn from each other has spiralled dramatically. All I can say is, I wish I was back in college today. If you like to have one-to-one with industry experts, networking with hundreds of entrepreneurs, and bag a seed funding to start your idea, check Leadership & Management program
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by Ronnie Screwvala

11 Mar'16
Working Professional’s Need of Staying Relevant

5.55K+

Working Professional’s Need of Staying Relevant

Online education across segments and students population is emerging as a popular option for individuals. Across age groups, online education is getting adopted. A segment where we at UpGrad feel that online adoption will be rapid, is the working professional segment. And there are multiple reasons for the same – from their ability to pay, their willingness to move up in their career etc. In this piece I want to touch upon a key trend that we are targeting – changing requirements of the industry and the need to continuously upgrade for working professionals. To give an example, a few decades ago – a farmer’s son would be a farmer; a carpenter’s son would be a carpenter. Things changed over time, and a farmer’s son started becoming an engineer. And in today’s world, an engineer goes through 5+ career shifts in his/her career span. There’ll Be A Billion-Plus Job-Seekers By 2050, So Get Yourself Skilled NOW! Marketing is not the way it used to be 10 years back. Payment is not the way it used to be 5 years back. Data analysis has undergone drastic changes. And in this digital age, the rate of this change is going to further accelerate. Industry will evolve rapidly, and as working professionals, each one of us has to keep up with this changing requirement. Industry is not going to wait for the individual to get upskilled or upgraded, and a large part of the onus will lie with the individual. Further, the rate at which the needs of the industries are changing; our current university system is not able to cope up. Therefore, individuals have to look for alternate options to add relevant skills to their portfolio. This is where online education comes into the fore. Professionals today do not have the flexibility of leaving their jobs and going to a school to learn new skills. Online education platforms are great options for these professionals who are looking to continuously upgrade, while continuing to stay in their jobs. Unlike offline education, online medium provides the advantage of being able to update the program curriculum and content regularly, and keep it relevant to the industry needs. Online medium also allows real-life problems to come to working professionals learning, where an individual can actually live the real-life situations in the form of case studies. Top 10 Essential Tools For Startup Business in India In the digital age, each individual will have to continuously upskill himself/ herself to stay relevant, and that would provide a large opportunity for edtech startups to create scale platforms. EdTech startups will have to look for opportunities where there is a significant demand supply gap, and look at providing right education programs. The biggest challenge in this will be the ability of edtech startups to design the program content for digital medium, rather than replicate what is being covered in the offline programs. Taking advantage of the digital channel will be key here. So for all edtech startups, keep your ears on the ground, and look for areas and skills that will allow you to build scale learning platform.
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by Mayank Kumar

20 Apr'16
Google I/O 2016 – Day 1 | Recap

5.08K+

Google I/O 2016 – Day 1 | Recap

The most awaited Google I/O 2016 Conference was filled with announcements about improvements in current products and launch of some new products. In this article, we have summarized the biggest announcements from Day 1 of the conference. Google Allo Allo is Google’s new messaging app with resident chatbot. It has features like whisper/shout, expressive stickers, smart replies- which evolve with time and wide range of bot support especially the Google Assistant search bot. One of the most important features of Allo is that all its chats are encrypted but incognito mode offers end-to-end encryption and an option to send messages that self-destruct. Additionally, once you close a chat, the entire conversation is deleted forever. Google Duo Duo is Google’s mobile only companion app for Allo that helps in video calling. One of its special feature is ‘Knock Knock’ which lets users see the incoming video call feed before even answering the call. So, the receiving party can see who’s calling and where they are before they even pick up the call. Google Assistant Google takes search to the next level. Google Assistant supports “conversational understanding” to make search more natural and to better support voice searches. Google Home Home is built on the Chromecast standard, which lets it push media to other Cast-compatible speakers and screens, change temperature or lighting through Nest devices, and integrate with third party services. The entire experience is hands-free, powered entirely by voice. In fact, it doesn’t even have any buttons. Simple voice commands will control every aspect of the Home. Android N Android N comes with new features that include more control over notification size from different apps and a new picture-in-picture mode. Android N uses a new API called Vulkan that lets developers directly control a phone’s GPU for sharper 3D graphics. Android N will also download and install system updates automatically. The name of Android N has not yet been released. It is going to be selected through a crowdsourced contest. Google Daydream Google has a new VR platform built on top of Android N, and the new VR platform is called Google Daydream. It is an optimized virtual reality platform that aims to standardize the mobile-based VR experience. It also spans both software and hardware; Its biggest limitation is that it will be available only in new phones with special sensors and screen. Android Wear 2.0 Android Wear 2.0 can function independently of a smartphone. Apps no longer need a connected smartphone in order to function. Apps can function and even communicate without a phone, as long as the wearable device is connected to the internet via cellular or Wi-Fi. Users can also make data from any app show up on any watch face. Instant Apps One of the most interesting announcement was google Instant Apps. With Instant Apps, users can begin using an app instantly from right within the Google Play store without even having to download and install the app. As we can see, Google has made some big moves in the three hottest areas of tech – virtual reality, messaging, and smart assistants. However it would be interesting to see how these new products will compete with their competitors and how much of market share would they capture after their launch.
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by Dilip Guru

19 May'16
There’ll Be A Billion-Plus Job-Seekers By 2050, So Get Yourself Skilled NOW

898.96K+

There’ll Be A Billion-Plus Job-Seekers By 2050, So Get Yourself Skilled NOW

This isn’t just a catchy headline meant to shock you, though that would be a justified reaction. If you are 25 years old, have graduated from a reputed institute in a traditional higher education discipline and are looking for a job, you may not be handed one on a platter any time soon. You may be cushioned within the famous Indian demographic that is supposed to yield a “dividend”, but unlike what you’ve been reading everywhere, this does not guarantee you employment. Between 1980 to 2010, 90% of world labour force growth occurred in developing countries and about 500 million new workers emerged in India and China alone (workers went from 260 million to 470 million in India, between this period). India, along with other developing counterparts, is all set to fuel 60% of the global growth in labour in the upcoming years. Keep in mind that enrolment in Indian higher education is only 24% right now. With India attaining almost universal elementary education and increased retention in secondary schools, the projected demand for higher education and jobs thereafter, will only escalate. By 2050, India will be home to more than a billion job seekers. This means providing jobs for over 12 million new entrants annually. There is also the challenge of finding jobs for the backlog, which reached 60 million by 2014. So isn’t this good news? India finally placed on the world map with a solid advantage where labour supply is concerned. Well, it may not all be good news. The new-age job-seeker must strive to acquire specific skill sets to be considered employable. Currently, only 43% of Indian youth are considered fully employable. Indian millennials are being touted as the future of jobs and the saviours of the working world. But this won’t hold true if in-demand skills are not imparted to the youth entering the workforce. The world of work is changing and industries are transforming. It’s a fact that we are moving towards a massive labour pool, but we are possibly riding a low-skill, low-wage cycle to get there. The country is on a trajectory that involves a surplus of millions of low-skill workers, whereas most nations, including India, will be increasingly demanding a high-skill workforce. Impacting Education: My Journey and UpGrad Most industries are replacing low-skill jobs with high-skill ones. Skills relating to upcoming technologies like cloud computing, social media, artificial intelligence, robotics, nanotechnology, etc, are gaining immense relevance. Unfortunately, our education system is not preparing students well enough to enter the workforce as high-skill workers or equipping them with skills in the mentioned emerging domains. Gone are the days when just holding a graduate degree was enough to get employers to clamour to hire you. Education is not enough. The new-age job-seeker must strive to acquire specific skill sets to be considered employable. Currently, only 43% of Indian youth are considered fully employable. Gone are the days when just holding a graduate degree was enough to get employers to clamour to hire you. Education is not enough. The positive connotation associated with our demographic shift has been taken for granted and assigned the term “dividend.” But if we don’t strategically harness this change, we could very easily be faced with a demographic disaster. We don’t want to be stuck in a situation where we have too many job-seekers with inadequate skills, and therefore not enough jobs for them. India is moving workers out of farm jobs at a very fast rate, and this will only add to the burden of providing jobs in other sectors. We need a wake-up call and more concerted efforts towards large-scale skill development and training. We may have a situation of too few high-skill workers and not enough jobs for medium- or low-skill workers. This needs to be rectified by adjusting the education and skilling system to ready ourselves for the jobs of tomorrow. UpGrad develops various programs such as Digital Marketing Certification Program, and Product Management Certification Program in collaboration with IIIT Bangalore, specially designed for working professionals looking to up-skill themselves.  Check out the free courses.
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by Mayank Kumar

20 Jun'16
Only 25% Of Indian Graduates Are Employable, And The Solution Is Obvious

6.59K+

Only 25% Of Indian Graduates Are Employable, And The Solution Is Obvious

Co-authored by: Apoorva Shankar, Business Development Associate, UpGrad The world today has enhanced productivity requirements. Due to this, the demand for highly skilled labour is growing. China and India are set to drive this demand. Globally, the share of low-skill jobs is likely to decline from 74% of employment in 2010 to 62% by 2020. On the other hand, the shortage of highly skilled workers with a tertiary level of education is expected to reach 18 million by 2020, globally. But due to its demographic dividend, India will have a labour surplus of 47 million by 2020. However, this surplus may only be of low-skilled labour. And while the demand for highly skilled labour is increasing, the supply isn’t quite keeping up. The challenge, as well as opportunity, that India faces is how to train such a large reserve of labour and convert low skills to high skills. One solution that immediately comes to mind is providing higher education for all. But at present only 24% of those meant to be participating in higher education, are actually enrolled. Plus, traditional college or university pedagogy has been increasingly criticized for being outdated and irrelevant to the jobs market. If you attended school or college in India, you will have first-hand experience of the ills that plague the system. Some of the reasons for this are: Absence of a customized or personalized approach to education (necessary as different students have different needs and learning capabilities). Restricted resources due to not-for-profit nature of educational institutes and over-regulation. Lack of technology infrastructure. Poor teaching quality. Lack of skills-based learning. Low focus on research and development. Minimal partnerships with industry/foreign academia. Outdated curricula not reflecting requirements of a dynamic market environment. Skill-intensive industries are expected to contribute more than 90% of India’s GDP by 2030. The opportunity is staring at us in the face. Only about 25% of Indian graduates are considered employable by the organized sector. Further, 48% of Indian employers said they were having difficulty in filling jobs, in 2012. Despite employers expressing difficulty in finding employable candidates, in 2009-10 the unemployment rates in India were higher for those who were more educated (graduates had more difficulty finding jobs than secondary or primary level graduates). [b_color background=”#EDFF3D”] Also Read – Technology will surely kill some jobs, but not all of them [/b_color] So Indian education, in its current form, hasn’t proved to be enough training for the incoming workforce. The numbers also prove that just completing higher education in any field is not all it takes anymore. This pinch is being increasingly felt as the world of jobs is turning upside down; which is why we need skill training. Skill-intensive industries are expected to contribute more than 90% of India’s GDP by 2030. The opportunity is staring at us in the face. It’s not just about the potential but also the responsibility we are tasked with — restoring balance to the global supply of labour. The country needs to invest in skill development and training for a large chunk of its population. Exploiting sheer numbers is therefore one major reason to skill our workers. Secondly, the demand for advanced skill-sets in emerging areas is growing. Knowledge-intensive roles such as finance, business, etc, and those related to information technology and entrepreneurship are gaining momentum. The reality that these skills must be acquired will take root for more and more individuals, including drop-outs from the mainstream education system and those who have completed such education. Currently, the actual supply of these workers falls drastically short of matching growing demand. Hence, the gaps in domain knowledge are another reason to scale up the skilling. You are likely to be at a disadvantage, in terms of skill training and thereby employability, when compared to someone your age in China, USA, South Korea… In China about 47% of the workforce has received some kind of skill training, 52% in USA, 68% in UK, 75% in Germany, 80% in Japan and 96% in South Korea. Comparatively, only about 10% of the Indian workforce received such training in 2008. India is seventh in the category of countries facing maximum difficulty in filling jobs, i.e., 58% difficulty, where the global average is 38%. These figures reflect that just belonging to the young Indian demographic is not enough. You are likely to be at a disadvantage, in terms of skill training and thereby employability, when compared to someone your age in China, USA, South Korea etc. To address these imbalances, India needs unprecedented increase in both education and job creation. At this point, there is no guaranteed advantage for India in the contest for high-skill talent. It will be dependent on skilling. Considering the state of higher education and the skill upgrade required to be carried out in the future, the process will not just be about learning for professionals, but rather unlearning and re-learning.
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by Mayank Kumar

13 Jul'16
7 reasons to watch UpGrad Talks today

5.2K+

7 reasons to watch UpGrad Talks today

There is really no secret sauce for success. Provided you have had the opportunity to view the exclusive online tete-e-tete sessions brought to you by UpGrad Talks. With an amazing roster of world-class speakers, some from the top 1000 companies of India such as Mahindra & Mahindra, Tata Sky, Coca Cola, JP Morgan, JWT to start-up poster children such as RedBus, Snadeal, Ola & Zivame and many more, Upgrad Talks provides insights into their formulae for success. The talks also share deep learning from situations that didn’t work out and many valuable nuggets of honest, down-to-earth and practical advice from successful entrepreneurs, experts and industry leaders. While some lip service has been paid to new-age technologies and skill sets, and the evolution of industries because of these, a deeper understanding of what this signifies is missing. Upgrad Talks intends to fill this gap by bringing together thought-leaders from different walks of life and raising the level of discourse in this area, as they share their experiences. Here are the top reasons why you must visit talks.upgrad.com today and make it your daily source of insights and motivation: Get Inspired Inspiration can come from many different sources. You may get inspired when you see a problem that needs a solution, which you are able to ideate, or get inspired when you hear stories of adversity being overcome by sheer willpower. Rarely does the simple existence of wealth inspire us. It may motivate us to work harder, but inspiration stems from a deeper place that needs real stories. Upgrad Talks are stories from the folks who have lived these stories, first hand. Not only does hearing someone’s complete story of challenges, thought process and subsequent outcome inspire, it also gives birth to new ideas and provides impetus to grow in your own space.  Moreover, inspiration also stems from well-put statements such as, ‘attitude will sail you through,’ by Harit Nagpal, CEO of Tata Sky. A key benefit of listening to industry leaders is that it also inspires us to think. ‘What we think, we become,’ is a quote by Buddha that sums up this well. Go ahead, face challenges It does not matter if you are a startup or an established financial organization; challenges, big or small, exist in every level of most businesses. Challenges faced, strategized and overcome is the rite of passage for almost everyone. Not only do Upgrad Talks cover challenges faced by leading industry veterans, it also covers it from various stages of businesses along with discussion of the solutions that helped overcome them. Upgrad Talks speakers’ discuss challenges faced by businesses in different spaces, which makes these talks an interesting listen. Furthermore, is quite motivating to hear the candid conversations of business leaders. So what is the common thought on challenges in the Upgrad Talks? No challenge is too big. It also strengthens the belief that challenges help you grow and become stronger and develops a sense of confidence to take on the next big challenge. Learn from influencers People who can motivate are great influencers. To hear success stories at Upgrad Talks, which have been driven by deep-rooted passion as well as courage of conviction can be a great influence on most people. It is likely to help you push yourself to greater heights and also follow your dreams a bit more diligently. To quote Snapdeal’s Kunal Bahl, ‘ there is a fine line between stubbornness and persistence.’ Upgrad Talks is likely to help you define the lines as an excellent selection of influencers talk also about the key soft skills required to make it a significant mark on the industry that you belong to. Mentoring As you listen to entrepreneurs, business leaders and experts on models that have worked, one can also start drawing parallels to one’s one business or profession. Mentoring of this kind is both subtle and effective as it helps you choose some key takeaways from the shared experiences that are most relevant to you. Follow the series to get premium access to the best mentors in the country as they talk about education, the emerging digital age and its impact on businesses, talent shortages and advice to youngsters. A bit of crystal gazing In the series of Upgrad Talks, one is likely to come across a vast amount of business knowledge which has been converted into digestible insights that can also help you choose the next steps in your career. Speakers’ at Upgrad Talks share their business mantras and what the future is likely to be.  This is crystal gazing of the finest variety and yet another reason to tune into the talks. A healthy dash of optimism One of the unique selling points of the Upgrad Talks is that they also brings out the combined optimism in business from key industry leaders. Apart from that one can learn what is next in the industry, and explore potential future opportunities in the workspace. The upbeat and positive nature of these talks makes them a must-listen. Easily available online Just in case you were wondering how far you would need to travel to listen to such a wide range of speakers, you can breath easy. Upgrad Talks are delivered online and you can listen to them at your own convenience. All you need to do is to long onto talks.upgrad.com and you can access high quality, pre-recorded sessions online. Upgrad is making content richer, bigger and better as it kicks off with 15+ talks delivered by entrepreneurs, experts & business leaders.  You definitely do not want to miss out on the educational transformation that UpGrad is fuelling in partnership with some of the greatest minds. Remember, one can never stop learning. So, if you always aspired to hear great advice and insights from the top Indian business leaders on how you can grow your business, choose a career goal or get inspired, do take a look at Upgrad Talks. They are truly the voices that impact. Join us today and be a part of it at talks.upgrad.com.
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by Omkar Pradhan

06 Aug'16
Evolving online education: Learning Together

5.37K+

Evolving online education: Learning Together

Technologies in online learning have been making promises since early 20th century. From radio to present day MOOCs,  multiple new technologies were seen as silver bullet in revolutionising education. These promises were indeed laudable, to make education accessible to everyone, affordable for everyone and more effective. Yet, the same history of unmet expectations has been repeated every time*. Although a lot has happened over the past decade in terms of growth and expansion of online education, there are many challenges yet to be solved before we can say online learning has truly arrived. We, at UpGrad, believe the following three challenges are the biggest hurdles to the success of online education. Isolation: Online learning is solitary experience   Acceptability: Online learning’s validity in the Job Market   Not Engaging: Interplay of distractions and motivations in learning online The dismally low completion rates and high failure rates are reflection of these challenges [1]. Our goal at UpGrad is to fight these challenges and provide an unmatched learning experience for the working professionals. We believe, with the flexibility of online learning, every working professional can “UpGrade” himself without going back to full-time formal education. Hence, we need to to make online learning mainstream. In this article we would be sharing how are setting the online learning as a ‘Social Experience’ for our students, ie the first of the three mentioned challenges. In 2000s, internet surfing was mainly an individual experience and on the other hand, in 2016 almost all of internet time is a social experience. We do not feel alone in 2016 version of internet. We believe online education will have much higher engagement and completion rates once it becomes a social experience. An average student’s e-learning journey is an individual experience making him/her feel isolated. Learners move through the course with limited interactions with both their instructor and classmates. We at UpGrad, are building a new learning platform specifically designed keeping our students and their needs in mind. We believe this would be key to provide the kind of engagement levels the students deserve. The perception of social presence (or lack of) is a big concern among students and teachers in online learning. Teachers develop courses in isolation and the students take the courses in isolation. Researchers have found strong correlation between the sense of social presence facilitated by the course and student’s perceived learning [3,4,5]. Also there is good re correlation between withdrawal in the course and student’s perceived lack of social interaction and instructor presence [3]. Lack of social interaction in e-learning increases the distraction, since a learner would look for social interaction elsewhere which is usually Twitter, Whatsapp or Facebook. If there is another learner doing the same course in my apartment building, there are limited chances that I would know about him. As learners of online courses, we are oblivious of everyone else’s presence except few replies on the discussion forum. They do form Facebook groups or Whatsapp groups organically, yet the whole online learning format ends up being mostly a solo experience. Here are the steps we are taking at UpGrad in making our online programs a social experience.: Profiles : The first step in ‘social’ e-learning is knowing your classmates. We have learner profiles with education and work history along with other details. Almost everyone is encouraged to fill in their full profile along with a descriptive ‘bio’ section. There are multiple points where learners are nudged to click on the profiles. To improve discoverability of relevant profiles we not only leverage cohort social graph but also use interest graph, performance graph, complementary skills graphs. Combined with other semi random** algorithms like who was recently online, learners bump into each other in interesting ways. In the first month of Data Analytics Program, an average engaged learner viewed peer profiles 110 times. Discussions: We have a discussion forum which is contextual and relevant to the course content. We designed it from the ground up to involve learners during the course. They help each other, solve doubts, ask questions, have healthy debates on the forum. Only when there is no consensus a Teaching Assistant gets involved in clearing the doubts. Last 3 months data shows that on a daily basis 50% of the students who are engaged on the platform, also engaged actively on the discussion forum. As most professionals have different backgrounds, sharing of experiences on the forum is much valuable to everyone in the cohort. We have seen learners fall into three buckets on the forum. First is the majority producers, the top 30% of forum content producers are responsible for around 70% of the discussions. The next 50% do the rest of 30% of the content but continue to voice their opinions through upvotes. Rest of the 20% are mere observers. These numbers are highly encouraging and we will be investing more time in finding out how student-student social interactions can help in overall engagement. Figure 1: Forum topic distribution in one of our programs. Share in the pie is (questions * votes) for each topic. Bigger share of the pie is a proxy for doubts. This lead us to start live sessions on those topics. Thought Leader AMAs: Initiating and maintaining engagement on the forum is hard. To set the ball rolling, we started the discussion forum for a new cohort with getting a thought leader to do an AMA on the platform. This way not only the students got a product onboarding experience but also the social expectation was set amongst the peers. In some months, the total content creation during AMAs ended up around 20% of the total cumulative content. We also observed a side benefit of starting the program with thought leader – that learners are more helpful, behave with more civility and show much more respect for each other. This is not very unusual because it is known that a group’s eventual social dynamics are very much impacted by behaviour in initial few days. In a way, it sets the trend which follows upto the end of the course. We also explored bringing in external motivations to see how does it impact on engagement levels. At times, there were small gifts for top forum contributors and at times we included forum participation in the grading. Our primary observations show that this is to be used cautiously. We are working on establishing a balance between extrinsic and intrinsic motivations for social involvement. Facebook Groups: For all cohorts we have Facebook groups for students apart from the platform discussion forum. We were not very confident how much our forum will be used for non academic discussions and generic social sharing. However, we found more and more discussions of generic nature and sharing of articles & blogs also started happening on the forum. Hence facebook group ended up becoming redundant. We are thinking of doing away with a cohort’s facebook group with this expanded use of discussion forum In summary, having a strong sense of community within the students is a big predictor of learning outcomes. This has been researched multiple times [7, 8]. Our platform’s usage data of course progress and social interaction activity strongly confirms this research. At a time, a learner who is socially engaged on our platform has usually completed 4 times (Figure 2) course materials than a learner who does not participate in social discussions. This high correlation has been repeated across multiple cohorts. Figure 2: At a snapshot of time course completion rates for learners active on forum vs non active. Apart from the student isolation e-learning content creators and facilitators tend to work in isolation, reflecting and sharing of best practices is minimal[6]. We at UpGrad are aware of this problem, and making sure different program teams collaborate and share solutions to common problems. We do not have complete solution to isolation in learning yet. We as a company are focussed on solving this problem, we are testing out few ideas and are willing to share the results with the community. With these changes we are expecting online learning experience to be more engaging, more involving and eventually pushing up the low completion rates of online learning. These are early days of online education and we have miles to go. Bibliography [1] http://collegequarterly.ca/2007-vol10-num03-summer/rolfe.html [2] Online Social Networks as Formal Learning Environments: Learner Experiences and Activities, The International Review of Research in Open and Distributed Learning, Vol 13, No 1 (2012) [3] Tello SF (2007). An analysis of student persistence in online education. International Journal of Information and Communication Technology Education [4] Herbert, M. (2006). Staying the course: A study in online student satisfaction and retention. Online Journal of Distance Learning Administration, 9(4). [5] Morris, T. A. (2009). Anytime/anywhere online learning: Does it remove barriers for adult learners. In T.Kidd (Ed.), Online education and adult learning: New frontiers for teaching practices. Hershey, PA:IGI Global. [6] Duncan, H & Barnett J (2009) Learning to teach online. [7] Kaulback, B (2015). Learning Together : Community and Network from the perspective of designers of online learning. (Doctoral dissertation) [8] Bernard, R. M., Abrami, P. C., Borokhovski, E., Wade, C. A., Tamim, R. M., Surkes, M. A., & Bethel, E. C. (2009). A meta-analysis of three types of interaction treatments in distance education. Review of Educational Research, 79(3), 1243–1289.
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by Ankit Mittal

08 Aug'16
Skill deprivation: Education alone won’t guarantee a job, in-demand skills need of hour

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Skill deprivation: Education alone won’t guarantee a job, in-demand skills need of hour

If you are 25 years old, hold a degree in a traditional arts discipline from a well-regarded institute and are looking for a job, you may not be handed one on a platter any time soon. You may be cushioned within the famous Indian demographic that is supposed to yield a ‘dividend,’ but unlike what you’ve been reading everywhere, this does not guarantee you employment. Between 1980 to 2010, 90% of world labour force growth occurred in developing countries and about 500 million new workers emerged in India and China alone (workers went from 260 million to 470 million in India, between this period). India is all set to power most of global growth in labour in the coming years. Enrolment in Indian higher education is 24% right now. With India attaining almost universal elementary education, and increased retention in secondary schools, the projected demand for higher education and jobs will only escalate. India has finally been placed on the world map with a solid advantage where labour supply is concerned. Impacting Education: My Journey and UpGrad It’s not all good news though. Indian millennials are being touted as the future of jobs and the saviours of the working world. But this won’t hold true if in-demand skills are not imparted to the youth entering the workforce. The world of work is changing and industries are transforming. It’s a fact that we are moving towards a massive labour pool, but we are possibly riding a low-skill, low-wage cycle to get there. The country is on a trajectory that involves a surplus of millions of low-skill workers, whereas most nations, including India, will be demanding high-skill workers more and more. Most industries are replacing low-skill jobs with high-skill ones. Skills relating to upcoming technologies in advanced areas – think AI, robotics, data science and mining – are gaining immense relevance. Unfortunately, our education system is not preparing students well enough to enter the workforce as high-skill workers nor equipping them with skills in emerging domains. Curricula is outdated and pedagogy poorly-developed. Gone are the days when just holding a graduate degree was enough to get employers to clamour to hire you. Education is not enough. The new-age job-seeker must strive to acquire specific skill sets to be considered employable (currently only 43% of Indian youth are considered fully employable). This applies to all sectors of the economy, as most industries and businesses are adopting new-age technologies and going digital within most functions. There’ll Be A Billion-Plus Job-Seekers By 2050! The positive connotation associated with our demographic shift has been taken for granted and assigned the term ‘dividend.’ But if we don’t strategically harness this change, we could easily be faced with a demographic disaster. We don’t want to be stuck in a situation where we have too many job-seekers with inadequate skills, and therefore not enough jobs for them. India is moving workers out of farm jobs at a very fast rate, and this will only add to the burden of providing jobs in other sectors. Realising this, even the government has begun focusing on skill development and training. Creating an entirely new Ministry and launching the Skill India Mission are clear indications of this. Another sign that skill training is gaining momentum is reflected in the growth of the Indian education and skills industry at an average rate of 13% over four years. From Rs 1.21 trillion in 2008 to Rs 2.35 trillion in 2012. However, these measures have not been enough to successfully skill India’s young. Only 2% of the Indian workforce has received some kind of formal skills training so far, and 8% have received informal training. Comparatively, 47% of China’s workforce is skill trained, 52% in USA, 68% in UK, 75% in Germany, 80% in Japan and 96% in South Korea. Almost half of Indian employers find it difficult to fill jobs and a similar proportion of employed youth suffer from some degree of skill deprivation. By 2050, India will be home to more than a billion jobseekers. This means providing jobs for over 12 million new entrants annually. There is also the challenge of finding jobs for the backlog, which reached 60 million by 2014. The pace of accretion to the labour market will keep increasing, given our demographic profile and declining age-dependency ratio. Our working age population (15-64 years) will peak in 2050 and till then pressures for jobs will only become worse. We need a wake-up call and more concerted efforts towards large-scale skill development and training. We may have a situation of too few high-skill workers and not enough jobs for medium or low-skill workers. This needs to be rectified by adjusting the education and skilling system to ready ourselves for the jobs of tomorrow. Article Source: http://www.firstpost.com/business/skill-deprivation-education-alone-wont-guarantee-a-job-in-demand-skills-need-of-hour-3020568.html
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by Apoorva Shankar

08 Nov'16
Why The Growth Of Higher Education In India Hinges On The Private Sector

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Why The Growth Of Higher Education In India Hinges On The Private Sector

For the sake of simplicity, let’s say that the public sector’s role in education can be identified as a three-fold one. Firstly, it is tasked with universalizing access to education. Its next responsibility would be to regulate the sector and finally, to ensure quality education for all. In the context of the access provider role, estimates show that just in terms of physical infrastructure, more than a US $100 billion spends would be required in higher education alone, to double enrollment, from where it stands today (24%). Where regulation is concerned, bodies such as the University Grants Commission (UGC) and other higher education regulators are in-charge but leave much to be desired in terms of quality checks and monitoring, accreditation, etc. In fact, the UGC merely acts as a grants disbursing body now for universities and colleges, rather than a regulator. This is despite the fact that about 16% of the Ministry’s budget (2016-17) was allocated to UGC. Regarding quality, the government struggles to set standards and measure outcomes. Accreditation in the country is irregular and sub-optimal. In addition, unlike school education, where a certain level of learning outcomes may be gauged, this is difficult to do in higher education – especially assessing employability of a student post completing such education. So is there a role the government should prioritise? Further, because the government is entrusted with these roles, does it necessarily mean that they are its exclusive mandate? Or should the government act as an enabler and allow external participation if it means better execution and a higher success rate? The education and training industry is extremely large today and has strong further growth potential. With total educational spending of $2.7 trillion, the industry accounted for about 4.25% of the world’s GDP in 2010. In India alone, the spending on education and skilling has touched approximately Rs 74,000 crore. This may seem like a daunting figure but is still not sufficient. India spends about 4% of its GDP on all of education (about 1% on higher education), whereas globally the minimum recommended expenditure on education is 6% of GDP. Most of the public expenditure on higher education is used upon salaries and maintaining existing institutions, leaving very little to be spent on curriculum, research, and technology. However, spending on education still has enormous scaling to do and this is where the private sector comes in. Private players will have opportunities from rising demand in segments not well covered by the public education system (like adult education and vocational training). They bring in additional capital and are able to make huge investments, especially when government spending is insufficient and results in substantial infrastructure and investment deficit. For instance, the government had set a target of achieving a 30% enrolment ratio in higher education by 2020. The enrolment ratio currently is 24%. Judging by historical trends, and the current pace of rising enrolments, this target seems difficult to achieve. We may need a better, plan to succeed. Plus, the demand for higher education is only set to accelerate with growing population, higher enrolment as well as retention of students in schools. The private sector could play a crucial role in plugging these gaps and matching demand. In fact, it is already capturing the market in a big way, as can be seen in the adjacent graph. Enrolment in, and share of, private higher education institutions has surpassed that of government institutions (data as on 2013). Even the online education market in India expected to grow to US $40 billion by as soon as 2017. Unlike the education sector, which is legally mandated to operate on a not-for-profit basis, for-profit skill training institutes can be set up. This, coupled with initiatives of the National Skill Development Corporation, has encouraged the private sector to set up vocational training institutes. Corporate interest has also increased in the skill development space because of the benefits that accrue to businesses themselves, in the form of adequately trained manpower as a ready pool for future hiring. Majority of institutions offering professional disciplines are now in the private sector. There is a tendency of the public sector to view the private sector’s involvement in the education space with scepticism. But the private sector is necessary because of its ability to match industry demand for superior skilled manpower. It supplements infrastructure, facilities, technology and pedagogy and has an added advantage of escaping bureaucratic control and retaining autonomy to a large extent. Private players often collaborate with reputed international universities for faculty and other benefits which can be attractive to prospective students. They are also heavily investing in research-based education. As consumers of skilled manpower as well, the private sector is in a position to understand what type of skill training is to be imparted, and eventually benefit from it. This makes skill-training more efficient and effective. All three education-related roles of the government are equally important. However, while regulation should remain outside the purview of the private sector, nothing should stop them from assisting the public sector in maximising enrolments and improving quality of education. Public needs to work with private and create a level-playing field, in order to uplift the overall quality of education. Article Source: http://www.huffingtonpost.in/mayank-kumar/why-the-growth-of-higher-education-in-india-hinges-on-the-privat/
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by Apoorva Shankar

08 Nov'16