The ed-tech boom and its effect on apprenticeship and employment.
Chhaya Yadav
Consultant @ DSP | Human Resources | Job requisition management | Job board integrations | Talent Acquisition | EVM Analytics | Ethical Mindset
The growth of Ed-tech platforms over the past several years has accelerated due to the COVID 19 pandemic. What does this acceleration mean for the education sector? And how is this shaping the jobs landscape?
As schools operated mostly online this past year, many teachers struggled to use digital tools to keep their students engaged. Conversely, many students have quickly adjusted to Zoom classrooms, hangouts, and preparing compelling presentations online. Several online learning solutions are now filling the gap that many educational institutions weren’t equipped to do.
In India, the education technology space is on top of the priority list for funding, only next to financial technology and financial services. A report by the Indian Private Equity and Venture Capital Association (IVCA) said that Indian Edtech startups saw an investment of over $ 2.2 billion just in the year 2020. Digital learning tools are supplementing school education as students have the time and ability to review their study material and practice when convenient.
“Students can learn as per their speed, style, and size of learning. Studying online not only encourages students to initiate learning on their own but also transforms them into active and lifelong learners.” one of businessman said. “Online learning has not just changed parents' mindset but also aided in creating a productive generation. It is this blended model of learning which will prepare children for the unseen jobs of tomorrow,” said Quote
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Jobs and opportunities - for whom?
The boom in Ed-tech platforms has led to rampant hiring. BJYU's is set to hire around 8,000 people across business, content, and product development over the next twelve months.
Untapped future growth
With internet penetration rising and young demography in India, the growth of Ed-tech platforms is set to rise. “The industry has the potential to bridge gaps in the untapped market providing access to quality education and democratize education in India, giving a promising outlook for the future, backed by digitization, user growth, and increased funding,” businessman noted.
While education experts point out that traditional classrooms will continue to foster an unparalleled peer learning environment apart from the ability to develop creativity, social and communication skills, online education is going to be a critical bridge to enable students to break the rote learning methods that plague the system. And in doing so, it will create more opportunities along the way.??