Indians Willing To Spend High For Higher Education: Study
Emeritus conducted the third edition of the Global Workplace Skills Study 2023 through its extensive survey of 6,600 professionals aged between 21 and 65 across 18 countries to understand the global standing of workforce on online education during uncertain times
Emeritus recently released Emeritus Global Workplace Skills Study 2023 which revealed that Indians are willing to spend nearly Rs 2 lakh every year for higher education. This survey of professionals from a diverse set of sectors in the country found that 1 in every 2 Indians are ready to fund further education for themselves, their children or their family within the upcoming 12 months.
The study highlighted that personalised career plans, guaranteed internships, networking opportunities and career workshop benefits are more likely to motivate Indian consumers to pay extra for a programme. About 7 in 10 respondents saw the value of paying more to have one of these additional benefits. The survey also found that some of the most appealing enrollment benefits included the possibility to pay in monthly installments, cashback benefits and a total refund guarantee.
Emeritus conducted the third edition of the Global Workplace Skills Study 2023 through its extensive survey of 6,600 professionals aged between 21 and 65 across 18 countries to understand the global standing of workforce on online education during uncertain times.
The study surveyed a total of 1,720 Indians aged between 21 and 65 years, hailing from across 20 tier-1 and 2 cities in India. The average age of the respondents was 39, and the average work experience was 12 years. The surveyed Indian professionals hailed from diverse sectors such as Software and IT services, Finance, Insurance, Education, Manufacturing, Technology and Innovation, Healthcare, Engineering & Construction and Retail, among others.
