Stay recession-proof by upskilling with online courses

A recession is a time of extremely low economic growth during which there is a reduction in trade and industrial activity. It is typically recognized by a decline in GDP over two consecutive quarters. Without a doubt, the crisis in Ukraine, skyrocketing energy prices, rising bank lending rates, the residual impacts of two years of COVID-19, and the inflation soaring rapidly all indicate that the world is entering a worldwide recession. “Then, how to be recession-proof?” It has recently become crucial for employees to upskill and get job skills in recession as a strategy to future-proof their careers in any job market. The severe slowdown in India portends severe ramifications for the employment market. Given the extensive effects of the current economic crisis, it is more vital than ever for individuals to take charge of their education, beginning right away.

Importance of upskilling during the recession

Online courses are a practical and fail-safe method to be recession-proof by acquiring new skills and increasing your marketability and potential. E-learning provides self-paced learning opportunities making it a sensible and cost-effective choice, even for those who hold demanding jobs.

• Opportunity to enhance your skills and knowledge in a specific field 

Enrolling in an online course can only increase your existing knowledge if you are already familiar with the foundational concepts of a particular sector from your work, enabling you to truly master your pitch.

• Access to a broader range of courses 

Online education enables students to select the course that best meets their needs without interfering with their daily lives. This provides you with a greater selection of options to help you accomplish your goals.

• Flexibility to learn at your own pace 

You can study coursework without traveling to a physical institute by digitally learning from anywhere. Even though some online classes mandate live lectures, students can still fit their learning into their already packed calendar and proceed at their own pace.

• Cost-effectiveness compared to traditional education 

Overall, the cost of online programs varies, but there is a diversity of options and types of credentials, including a wider range of price ranges. You can pick an online course that not only satisfies your academic requirements and falls within your budget. 

• Increased job security 

Companies value employees eager to invest time in learning new skills related to their line of work. The administration would be compelled to consider you for a senior role since they recognize your value to the company and want to keep you at any cost.

• Improved job prospects 

Beyond changing careers, you can hone your current skill set by enrolling in courses tailored to teach you a particular workplace competency or technical ability that will enhance your job prospects.

• Improves your  earning potential 

Online courses are an opportunity for professionals who wish to stay current with the changing needs of their field or who want to refine or refresh their current skills. You may gain new skills that will boost your earning potential by enrolling in online classes.

• Future-proofing your career

Upskilling or reskilling yourself, getting promoted or paid more, or changing your work pitch are all vital for a bright career, which can be done through online courses.

Also read: How online courses help you to study and earn simultaneously

How to choose the right online course

Here is some useful info to assist you in choosing the most suitable online program for your upskilling endeavor. 

• Determine your learning goals 

Understanding the most in-demand abilities in the field is crucial for success. You must have firsthand knowledge of the industry you want to work in or are already employed in if you want to stay relevant.

• Research the course provider 

Every platform for online learning has something special to offer, with each one filling a unique niche. Depending on your precise objectives and the field you need to upgrade your skills, you will need to decide which course provider to choose.

• Look for practical, hands-on experience 

A very effective motivation to maintain learning is the ability to reinforce knowledge through practice. Pick a comprehensive and in-depth degree with a range of cross-curricular options offering practical sessions and projects to deploy your conceptual understanding.

• Consider accreditation and credentials

An online program from a institute/university that has due recognitions and accreditations will add great value to your career. It helps a great deal in one’s career advancement, employment, or changing career pathways. This will simplify the process for the potential employer to assess your application and confirm your skills.

Also read: 8 Non-technical online courses that help your career

Tips for completing an online course

• Setting clear goals and priorities 

Start by deciding what is your top priority in deciding the course’s purpose. 

• Creating a study schedule 

Be ready and include the necessary number of study hours each day or each week in your schedule. 

• Staying motivated and accountable 

It’s vital to stay motivated as, occasionally, a lack of motivation can make it challenging for you to complete the task at hand, affecting your performance. 

• Engaging in peer-to-peer learning and networking 

You may establish virtual connections using tools like GroupMe or Microsoft Teams to foster that spirit of collaboration and connection. 

Upskill with industry-relevant and job-oriented online courses from Online Manipal

Manipal University Jaipur, is a dominant force in higher education and one of India’s top academic and research institutions, with a NAAC A+ rating. Online Manipal has curated some of the top online degree and certificate programs from reputable institutions, including MAHE (Manipal Academy of Higher Education), MUJ (Manipal University Jaipur), TAPMI (T.A. Pai Management Institute), and MIT(Manipal Institute of Technology). These institutions’ knowledgeable professors develop the coursework and deliver the curriculum using a cutting-edge learning management system (LMS). The LMS has reading materials, instructional videos, lectures that have been recorded, discussion boards, etc. The live classes are held at the learners’ convenience and assist them in finding solutions to their topical issues.

Conclusion

A recession is a period of uncertainty, and you can make the most of the situation by upgrading your skills at that moment. An upskill with an online course can help you attract employers, develop new skills, enhance your current ones, and get the career you desire. Employers can discern if a candidate is adaptable, self-driven, and ambitious by their skill set, which goes beyond the position’s requirements. Both employers and coworkers gain from the situation; therefore, it could be an excellent idea to upskill to advance your career.