In the academic year 2022-2023, Zell Education, a finance and accounts-focused ed-tech platform, saw a substantial 40% increase in enrollment for its Financial Risk courses compared to the previous year. The surge in demand for Financial Risk courses in 2023 is believed to be attributed to various factors, including the increasing complexity of financial markets, heightened regulatory requirements and a growing emphasis on risk management in the financial industry, according to an official release.
In 2021, the demand for Financial Risk courses in India saw a moderate growth of approximately 20%. However, in 2022, this demand witnessed a more substantial increase, with a growth rate of around 35%, the release mentioned.
Looking ahead to 2023, Zell Education anticipates a continued robust demand for Financial Risk courses in India, with an expected growth rate of approximately 40%. The financial industry continues to recognise the crucial role of risk management in ensuring financial stability and growth. The overall outlook for the sector remains highly positive, with expanding job opportunities for professionals proficient in financial risk management, the release stated.
“The notable surge of 40% reflects the increasing awareness of the critical impact of risk management especially in the business landscape. As the financial market continuously evolves, professionals equipped with expertise in financial risk are in high demand. Zell has students enrolled in such courses from Tier I, II and III cities signifying its relevance to a wide-ranging audience,” Pratham Barot, CEO, co-founder, Zell Education, said.
Zell Education claims to offer a range of courses, with the top five most popular choices being ACCA, CMA, CFA, FRM and F and A. Zell Education’s learner demographic is diverse, with approximately 55% of learners hailing from metropolitan areas, while the remaining 45% come from tier 2 and 3 towns across India, it added.