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Economic Times
9 hours ago
- Business
- Economic Times
91% of Indian graduates prefer human financial advisors amid AI boom, reveals CFA Institute survey
In an era where artificial intelligence is increasingly prevalent, a striking 91% of Indian graduates still place their greatest trust in human financial advisors for reliable financial guidance, according to a survey by the CFA Institute. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Human advisors lead, but AI gains ground Rising confidence in careers and certifications Finance tops career preferences in India Tech-driven careers and soft skills valued Tired of too many ads? Remove Ads Digital platforms transform career exploration In an era where artificial intelligence is increasingly prevalent, a striking 91% of Indian graduates still place their greatest trust in human financial advisors for reliable financial guidance, according to a survey by the CFA Institute This preference significantly outweighs trust in AI assistants, robo-advisors, and social media findings were part of the Global Graduate Outlook Survey 2025, which captured insights from over 9,000 students and recent graduates across 11 markets, including 1,250 from survey explored evolving career preferences, confidence levels, and the role of professional certifications in shaping finance careers among emerging talent. Among Indian respondents, human advisors continue to hold the top spot in terms of trust, with AI-based tools and digital alternatives making steady what the survey suggests:While 91% of Indian graduates trust human advisors most, 83% also trust AI assistants like ChatGPT, placing them on par with friends and family as key sources of financial financial education platforms were relied upon by 75% of respondents, followed by robo-advisors and social media influencers, trusted by 74% and 71% report highlights, 'Trusted human advisors remain the preferred choice, but other options are also highly valued in India.' This diversified trust pattern reflects a growing appetite for tech-driven yet human-anchored financial to the CFA Institute, 87% of Indian graduates feel confident about their career prospects, and 85% believe industry certifications have improved their employability and earnings. The survey found that 68% consider certifications to offer better career progression than postgraduate degrees, indicating a marked shift towards skill-based and outcome-oriented education findings 'underscore a strong, skills-first mindset among India's emerging workforce and a clear shift toward flexible, globally relevant career pathways,' the report terms of sectoral preference, 38% of Indian graduates ranked finance as their top career choice, ahead of IT (32%) and education (21%). The preference for finance is attributed to its perceived stability, global relevance, and growth potential in India's expanding Porwal, Senior Country Head, CFA Institute India, commented, 'The insights clearly show a generation that is not only confident but also deliberate in the way they approach career growth. The consistently growing preference for finance and the trust placed in certifications highlight a skills-first mindset among Indian graduates.'India's youth is also embracing technology in the workplace. According to the survey, 92% feel confident using AI tools in their professional environments. Furthermore, more than half actively seek employers that provide AI training, indicating a rising expectation for tech-forward career evaluating key traits for securing jobs, 64% of Indian graduates cited soft skills as most important, followed by AI skills at 56%, placing them ahead of traditional academic grades or institutional report also noted a strong shift in how graduates approach career planning. Nearly 46% use social media to explore real-life career paths, while another 46% use it to build their professional presence. 37% use it for networking opportunities, highlighting the pivotal role of digital platforms in shaping career 83% feel confident using AI assistants for financial advice, and 74% rely on social media influencers for insights, suggesting an increasing reliance on tech-driven, peer-reviewed platforms.
Time of India
9 hours ago
- Business
- Time of India
91% of Indian graduates prefer human financial advisors amid AI boom, reveals CFA Institute survey
Live Events Human advisors lead, but AI gains ground Rising confidence in careers and certifications Finance tops career preferences in India Tech-driven careers and soft skills valued Digital platforms transform career exploration (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel In an era where artificial intelligence is increasingly prevalent, a striking 91% of Indian graduates still place their greatest trust in human financial advisors for reliable financial guidance, according to a survey by the CFA Institute This preference significantly outweighs trust in AI assistants, robo-advisors, and social media findings were part of the Global Graduate Outlook Survey 2025, which captured insights from over 9,000 students and recent graduates across 11 markets, including 1,250 from survey explored evolving career preferences, confidence levels, and the role of professional certifications in shaping finance careers among emerging talent. Among Indian respondents, human advisors continue to hold the top spot in terms of trust, with AI-based tools and digital alternatives making steady what the survey suggests:While 91% of Indian graduates trust human advisors most, 83% also trust AI assistants like ChatGPT, placing them on par with friends and family as key sources of financial financial education platforms were relied upon by 75% of respondents, followed by robo-advisors and social media influencers, trusted by 74% and 71% report highlights, 'Trusted human advisors remain the preferred choice, but other options are also highly valued in India.' This diversified trust pattern reflects a growing appetite for tech-driven yet human-anchored financial to the CFA Institute, 87% of Indian graduates feel confident about their career prospects, and 85% believe industry certifications have improved their employability and earnings. The survey found that 68% consider certifications to offer better career progression than postgraduate degrees, indicating a marked shift towards skill-based and outcome-oriented education findings 'underscore a strong, skills-first mindset among India's emerging workforce and a clear shift toward flexible, globally relevant career pathways,' the report terms of sectoral preference, 38% of Indian graduates ranked finance as their top career choice, ahead of IT (32%) and education (21%). The preference for finance is attributed to its perceived stability, global relevance, and growth potential in India's expanding Porwal, Senior Country Head, CFA Institute India, commented, 'The insights clearly show a generation that is not only confident but also deliberate in the way they approach career growth. The consistently growing preference for finance and the trust placed in certifications highlight a skills-first mindset among Indian graduates.'India's youth is also embracing technology in the workplace. According to the survey, 92% feel confident using AI tools in their professional environments. Furthermore, more than half actively seek employers that provide AI training, indicating a rising expectation for tech-forward career evaluating key traits for securing jobs, 64% of Indian graduates cited soft skills as most important, followed by AI skills at 56%, placing them ahead of traditional academic grades or institutional report also noted a strong shift in how graduates approach career planning. Nearly 46% use social media to explore real-life career paths, while another 46% use it to build their professional presence. 37% use it for networking opportunities, highlighting the pivotal role of digital platforms in shaping career 83% feel confident using AI assistants for financial advice, and 74% rely on social media influencers for insights, suggesting an increasing reliance on tech-driven, peer-reviewed platforms.
Indian Express
5 days ago
- Business
- Indian Express
70% graduates fear AI will hurt job prospects: CFA survey
A sample survey by the CFA Institute found that over 70 per cent of graduates surveyed believe that Artificial Intelligence (AI) will make it harder to secure their desired jobs. At the same time, 92 per cent said that gaining proficiency in AI or automation tools would enhance their career prospects. The CFA Institute, the global association of investment professionals, on Thursday, released Global Graduate Outlook Survey 2025, capturing insights from over 9,000 fresh graduates, including 1,250 from India on career trends, confidence levels and sector preferences among others. According to the report, Indian graduates are more likely than the global average to think that AI or automation tools will make it more difficult to secure the jobs they want. While more than 50 per cent are confident that they will be able to use AI effectively, 56 per cent feel that having AI skills will give them an edge in the job market, apart from having relevant soft skills. Interest in AI careers has also seen a steady rise, growing from 59 per cent in 2024 to 63 per cent this year. 'This reflects a decisive pivot towards more future-aligned fields, driven by both awareness and adaptability,' emphasized the CFA report. Arati Porwal, Senior Country Head, CFA Institute, India, said, 'For this generation, AI is no longer just an option. And they are aware of how imperative it is for professional growth and are looking forward to gaining relevant skills.' The report reiterated that consecutively for three years, the finance sector continues to remain at the top of the list of career preferences among graduates, with 38 per cent expressing the most confidence in this sector, followed by IT (32 per cent) and education (21 per cent). The preference order of sectors remains exactly the same as that of last year's report. But the finance sector has noted a significant jump to 38 per cent feeling more confident about career prospects in this sector than 30 per cent last year. For those confident about the finance sector for promising careers, 23 per cent graduates consider it to be a stable and attractive career option, whereas 26 percent of graduates find it the most valuable sector to make a career. Dr Archana Singh, Professor from D Y Patil University, who was present for the launch of the report in Mumbai, said, 'The finance sector is evolving with time. In this new version, focus is on tech-enabled finance with use of technologies such as generative AI, blockchain etc. making it imperative for students to get relevant training for this evolving sector.' Notably, the majority of graduates (40 pe rcent) responded that they seek a job immediately after graduation. Whereas 68 per cent believe certifications offer better career progression than a postgraduate degree, reflecting a clear shift toward flexible, outcome-driven learning over higher education. The report stated that 85 per cent of Indian graduates say certifications have directly improved their employability or earnings. 'The insights clearly show a generation that is not only confident but also deliberate in the way they approach career growth,' added Porwal.
