Udemy India: Democratization of Learning
There’s a huge demand for quality education and skill development in India, so as you might expect Udemy is already quite big there. There are tens of thousands of courses on Udemy and millions of subscribers, from all over the world, including from India.
Udemy is the leading online learning marketplace in the world, which aims to democratize education for one and all. Started only in 2010, Udemy has grown tremendously in the short time it has been around. CEO Dennis Yang says that his company has made scaling and democratizing online education one of its biggest priorities.
According to Yang, markets outside the United States, including India, account for 66 percent of the traffic that Udemy gets ad 45 percent of its sales. As of now, Udemy offers 21,000 courses and has over 10,000 instructors who serve four million students in over 190 countries – including India.
Udemy has opened up a lot of opportunities for Indian teachers and professionals to earn a decent online income by offering courses of their own. An average Udemy instructor makes about $7,000, which is big money if you’re Indian.
What does this mean for students in India? There are many who say that students in India do not have credit card or debit card facilities and hence wouldn’t be able to buy courses on Udemy. This is not really true, as most of the courses on Udemy are targeted at college or university students, most of who own credit cards and debit cards.
Udemy courses are also useful to working professionals (especially IT professionals), who wish to upgrade their skills or learn new skills. For example, if you are a software developer who learned Java in engineering, you may want to pick up new programming languages such as Python or learn Hadoop and Big Data. You can do so on Udemy for a very affordable price.
Why Udemy India?
Udemy has several advantages…
- You don’t own your course on Udemy. You can only keep 70% of the revenue, the rest goes to the company for hosting your course. If you want a full ownership of your course, you will need to host it on your own website – which, of course, has its own challenges.
- Udemy offers many discounts. As a learner, you may appreciate the several Udemy discount offers, but as an instructor, you won’t like them all that much, as that would mean less money for you.
Regardless, Udemy is a great way to make money, especially in a country like India, where there is a real desire to learn and develop new skills. You can sign up for Udemy here.
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