In
today’s fast world with advanced technology developments and availability of
internet and with increased competition in everything and a need for continuous
development and learning, e-learning
companies worldwide are gaining momentum. E-learning involves the development
of learning tools using IT to enable learning to happen anywhere any day and at
any time. Through e-learning it is possible for a student in America to take
lessons from a teacher in India; students can even get masters or management
degrees from top Universities without having to shift places.
E-learning in India
E-learning companies in India offer affordable, innovative e-learning solutions to various
industries, schools and colleges. According to a recent survey the e-learning
market in India is around 400 million US Dollars. The market is expected to
grow further since, large number of major industries and educational
institutions are adapting to e-learning.
E-learning
may even prove to be cheaper than classroom teaching taking into account
criteria such as cost of faculty, infrastructure, travel, and salary. According
to Tata InfoTech, an internal study of IT education and training company,
around 35 percent of cost saving can be done by organizations through
e-learning in comparison classroom teachings. It also comes with several
advantages such as increased participation because people can learn at their
own pace in the comfort of their houses and it also decreases the pressure on the
faculties. Some e-learning initiatives at University level and corporate levels
are showing promising results.
Though
e-learning is certainly a boon, the retention rate is very low. The western
countries where e-learning is more established, even today face a dropout rate
of around 70 percent in comparison to actual learning and in countries like
India it is still larger. In spite of all this, e-learning is definitely bound
to grow in the coming years.
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