According to a report published by Imarticus Learning, 70 percent of the tech workers are choosing upskilling courses in response to the potential layoffs. In attempt to eliminate the skill gap, upskilling is now considered as necessary, perhaps it is no longer a plausible option. On the basis of this fact, Imarticus Learning, one of India’s leading providers of professional education, examined the workforce’s professionals and published a report with its insightful findings.
70% increase in the number of students:
The report claims that over the past year, there has been a 70 percent increase in the number of students choosing to enrol in the upskilling courses.
This may be caused by a variety of factors, including the need for expertise in supply chain management, full-stack development, financial services, and cyber security as well as the acceleration of digitization.
Since then, there has been a 25 percent increase in the demand for skill proficiency, and by 2025, that demand is predicted to increase to around 41 percent.
Due to the layoff fear that has taken over the economy, the need for upskilling has further become more and more vital. All industries are characterized by innovation and technological integration, and employers seek out individuals skilled in these resources and abilities.
The report published by Imarticus Learning also demonstrates that there has been an increase in students from Tier I and Tier II cities.
The courses professionals are choosing:
And according to the report published by by Imarticus Learning, the courses that these professionals are making a choice are, in order of preference, the SP Jain Global Professional Certificate in Fintech, the full stack developer pro course, the post-graduate and advanced cybersecurity certification program, the MBA in fintech, the postgraduate diploma in management by fintech by BIMTECH, and the full stack developer pro course.