Shruti, 24, was excited to have landed herself a dream job in one of the top companies in IT. However, a few months into the job, she realized that her graduation degree did not teach her the vital skills required by the role ahead. So, she decided to upskill herself by taking a few courses online. This time, however, she did not wish to take help from her parents to fund her course. However, her salary wasn’t enough to support her expenses and fees. What should Shruti do? Well, for upskillers like Shruti, upskilling loans by NBFCs like Eduvanz is a boon. The criteria for applying for these loans are simple. Anyone above eighteen, residing in any part of the country, can avail of the loans with minimum documentation process. The entire process is online. Approvals are instant; for ...
Change is constant! And the only mode of survival in changing times is to adapt quickly. Everyone must learn to benefit from the opportunities in a world that changes instantly and is always ready with open arms welcoming innovation. The global economy sees the maximum impact of these new technological developments. However, the innovations have created a wide gap between new technology and the lack of skills in the workforce. The industry at large demands a workforce that is upskilled and accustomed to the latest developments. New professions are developing, so the need for qualified personnel has increased. Upskilling employees is necessary, and many businesses and their employees have understood the need to upgrade themselves, train and develop their skills to focus on earning more wit...
“Education is the key to success.” Most of us from middle-class families are familiar with this truth bomb. It’s an adage that we almost grow up hearing every living moment from our parents, uncles, aunties, and even grandparents. Thus, we are inclined to pursue higher education in the hope of keeping our relatives happy and, eventually, our family-after all, they are the ones funding our education. So, what about your passion, likes and skills you want to pursue and make a career in? If the fear of funding stops you from pursuing your dreams, it’s time to take a rain check. The Indian market is today flooded with banks and financial institutions offering loans to students to pursue a career of their choice. Both banks and non-banking financial companies provide loan schemes to students wh...
The growing awareness of the benefits of upskilling has helped people to understand that upskilling is the need of the hour to enjoy better pay, get the much-desired promotion or secure your job during a recession. However, upskilling courses constitute a significant expense for a professional apart from his liabilities. Thus, the vital question then someone wanting to upskill is how to fund their upskilling needs. How to fund my upskilling course? It’s simple, apply for an upskilling loan! A loan for upskilling or higher education is now readily available through banks and NBFCs. For example, Eduvanz, an NBFC, offers students upskilling loans at zero-cost EMIs, with minimum documentation and fast disbursals. What are the benefits of an upskilling loan by Eduvanz? No-cost EMI or l...
A loan is a bad term in India, and debt is the nail in the coffin of your social and financial status. Thus, in a country where higher education is considered a privilege rather than a necessity, students have a tough time learning and upskilling in the course of their choice due to the financial burden it causes. However, things of late have started looking up as paying off loans from your hard-earned money is considered a wise decision and a means of growing up. Popular Bollywood culture and the high-end lifestyle are also reasons which have contributed to the idea of taking loans as a necessity than a stigma. Thus, as students have started opting for loans to fulfil their learning needs, banks and other financial institutions have come forward with numerous educational and upskilling lo...
As a fresher, one is always hungry to learn and excel and move towards the next step in their career. Career progression is a realistic goal for everyone, and looking for opportunities to fulfil it is obvious. However, how do you advance your career in leaps and bounds? How do you develop personally and professionally and achieve a salary hike too? In this blog, we are exploring 3 simple steps that would help you advance your career. 3 Tips to Advance Your Career #1 Upskilling: Growth can never be achieved while lying stagnant in your skill set. So, just as you aspire to achieve a salary hike and a bump in your position, you should also aspire to learn continuously and add to your skills. Upskilling is an approach you must adopt to reach higher and grow faster in your industry. Learning i...
Upskilling is a necessity that both employers and employees wholeheartedly agree to. While some employees believe upgrading their skills improves their career prospects and gives them a much-needed raise, employers find upskilling a means to improve the efficiency and skill set of the workforce. Unfortunately, most employees refrain from upskilling because they lack financial aid or the means to fulfil their learning needs. The good news is that employers and financial institutions in the country have taken cognizance of the need for professionals to upskill and are now offering multiple loan facilities. Let’s look at all your reasons to avoid upskilling and negate them with some concrete solutions. #Reason 1 Expenses Indeed learning courses are expensive, and good certification ...
Did you know? Almost 80% of professionals today are looking for upskilling in 2022. 60% of CEOs say that a powerful upskilling program positively impacts the company culture. Is upskilling on your mind to enhance your career? Then it’s essential to discover the one word everyone is talking about – Upskilling. What is Upskilling? Upskilling is a continuous learning process that helps you advance your existing skillset through training programs and development opportunities to meet current and future demands in your work. Upskilling gears professionals on a career path with opportunities to progress in advanced roles. It opens up prospects for promotion by reducing their skills gap. Many firms have made workforce upskilling a top priority. Companies appreciate employees that upsk...
The Covid crisis hit the global workforce. Traditional business sectors and offices were forced to shift online, and organizations had to introduce work-from-home to keep the ball moving instantly. The situation required employees to adapt to working from home and honing the necessary technical skills to survive in the workforce. The lesson companies worldwide took from the pandemic was that upskilling was not just a perk but a necessity. To successfully run a business or a corporation, CEOs and the HR departments now proactively invest in upskilling their employees to ensure: Employees are equipped with technical and digital skills. Help them grow in their careers. Increase employee retention. Higher employee productivity and employee growth. The steps mentioned above also align with the ...
Keeping up with the digital world means constantly learning and unlearning the latest technology. Therefore, companies these days are looking for workforce that is open to exploring different aspects of tech and its application in everyday life, be it in home, business or national security. Read this blog to get acquainted with a list of technology trends that will change the world. 8 Tech Trends to Watch Out For- 1. Artificial Intelligence (AI) & Machine Learning (ML) While Artificial Intelligence, or AI, has been the buzz for almost a decade, innovations in speech and image recognition, navigation, smartphone personal assistant, ride-sharing apps, etc., continue to develop. The AI market will grow substantially, creating vacancies for a skilled workforce and increased salaries. As an...
Online learning isn’t something new. Now you can learn to develop an app from scratch through online courses or foreign languages; courses cover a wide range of topics in the online learning module. Looking to upgrade your career or switch, desire to achieve a long-time dream of learning to design, or are curious about knowing what cutting-edge technology is all about, e-learning is here at your rescue! The COVID-19 pandemic has accelerated the transformation of academic institutions across India into digital learning. As per Statista, the country’s online education market will grow from 39 billion rupees in 2018 to 360 billion rupees in 2024. Here, we bring you the top 10 popular online courses in India to consider learning! Top 10 online courses in India: 1. Data Science Data...