Study by Zell Education Uncovers 25 Percent Surge in Women’s Enrollment in Finance and Accounting Courses
2 min readMumbai, nineteenth (*25*) 2023: According to a current research carried out by Zell Education, India’s main finance and accounts Ed-tech platform, there was a notable improve of 25% in the variety of feminine college students enrolling for programs associated to Finance and Accounting. This surge is attributed to many components, foremost being the rising recognition of the significance of monetary literacy amongst girls encouraging them to hunt alternatives to boost their information and abilities in the identical area. Secondly, the concentrated efforts to slim the gender hole in historically male-dominated fields have additionally led to varied initiatives and campaigns to advertise girls pursuing careers in these areas.
The convergence of a revived enthusiasm for buying information in the topic and the comfort and flexibility offered by edtech platforms has performed a pivotal function in attracting a larger variety of feminine college students. Zell Education’s current research showcased a outstanding surge in girls’s enrollment, reaching a formidable 43%, in comparison with a modest improve of 15% in 2021. Furthermore, the demand for Finance & Accounting programs skilled a considerable progress of 40% in 2022. Alongside the standard components that inspire people, the instability inside the international financial panorama has fostered heightened consciousness amongst girls concerning the necessity to develop abilities to navigate intricate monetary uncertainties.
Regarding the demographic breakdown of feminine learners, roughly 75% of them originate from metropolitan areas, with the remaining 25% coming from Tier II and III cities. Metropolitan areas sometimes exhibit a better focus of instructional establishments, encompassing esteemed universities, faculties, and skilled coaching facilities. However, it’s noteworthy that ladies from smaller cities and cities represent a big presence, accounting for 25% of the general learner inhabitants. This signifies a rising curiosity in and improved accessibility to schooling in smaller city facilities. Several contributing components might clarify this pattern, together with enhanced instructional services, heightened profession consciousness, and the supply of on-line studying platforms.
As Zell Education launched these statistics, Mr. Anant Bengani, Director & Co-Founder stated, “The overarching imaginative and prescient of diminishing the gender gaps is lastly main us to some strong tendencies. As the attention about monetary literacy grows together with a big proportion of ladies now consciously investing in their careers and future, it’s thrilling to see a large surge of feminine college students making a dent in historically male-dominated schooling fields and consequently industries. The general potentialities of financial uncertainties, market volatility, and monetary crises will proceed to stimulate instructional demand. We predict near a 35% improve for these programs in the upcoming 12 months”.
The male-to-female ratio for programs and certifications in finance and accounting is roughly 65:35. Though the highest 5 programs in large demand for each genders proceed to be ACCA, CFA, US CPA, US CMA, and Diploma in IFRS.