MUMBAI: In a significant move to bolster employment opportunities and skill development in India, the Ministry of Labour & Employment has signed a Memorandum of Understanding (MoU) with TeamLease EdTech to create new career pathways for university learners. The MoU was formalized in New Delhi today in the presence of Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, and Union Minister of State for Labour & Employment and Micro, Small & Medium Enterprises, Smt. Sushri Shobha Karandlaje. Representing TeamLease EdTech at the signing was Shri. Jaideep Kewalramani, COO and Head of Employability Business.

Addressing the gathering, Dr. Mandaviya stated, “The National Career Service (NCS) portal is evolving into a comprehensive platform for accessing employment opportunities across various sectors. Our collaboration with TeamLease EdTech introduces work-linked degree programs that integrate academic learning with practical hands-on experience; this shall go a long way in enhancing the employability of our youth and aligning education.”

Smt. Sushri Karandlaje added, “By incorporating work-linked programs into the NCS portal, we are creating pathways for students to gain in-demand skills through degree programs that include internships. This initiative not only addresses the skills gap but also helps prepare a workforce that meets the needs of today’s industries.”

With over two decades of pioneering workforce solutions, TeamLease EdTech has built a robust ecosystem that supports the employability journey of millions across India. Known for providing jobs to crores of youth, the TeamLease Group has become a leader in connecting education to employment. This legacy is underscored by TeamLease EdTech’s extensive partnerships with over 65 government and private universities, empowering the youth with critical, industry-aligned skills. Through this collaboration, TeamLease EdTech will bring around 200 work-linked degree programs to the NCS portal, each with embedded internships that provide over 500,000 hands-on learning opportunities. Leveraging its digital platform, Digivarsity (www.digivarsity.com), TeamLease EdTech will make live internship opportunities accessible to students nationwide through the NCS platform, creating pathways that bridge skill gaps and prepare a job-ready workforce aligned with India’s evolving job market.

This collaboration will enable the NCS portal to offer TeamLease EdTech’s work-linked programs(In line with NEP 2020 and UGC’s guidelines to promote apprenticeship/internship embedded degree programs ), designed to combine academic coursework with internships, providing students with hands-on experience and industry-relevant skills. The partnership aims to create over 500,000 job-ready individuals within the next year by equipping them with skills that are critical across sectors. Leveraging TeamLease Edtech’s extensive experience in youth education and employment, this partnership aims to reach a diverse and expansive audience through structured, scalable programs. TeamLease EdTech shall also set up Digivarsity Career Lounges in the NCS Model Career Centers; these lounges shall provide counseling assistance to walk-in students.

Shri. Kewalramani affirmed the strategic importance of the partnership, stating, “At TeamLease EdTech, we are committed to bridging the gap between education and employability. Our work-linked degree programs are designed to provide students with the skills and experience necessary to thrive in today’s competitive job market. By collaborating with the Ministry of Labour & Employment and utilizing the NCS portal, we can reach a broader audience and make a significant impact on employability in India.“

The NCS portal, operational since July 2015, has been instrumental in connecting job seekers with employers and providing a range of employment-related services. This partnership with TeamLease EdTech marks a strategic enhancement of the portal’s offerings, aligning educational programs with the evolving needs of the labor market and fostering a more skilled and employable workforce.

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• IIM Sambalpur Inviting Online Applications for MBA in Fintech Management for Working Professionals
• Last date to apply: May 24, 2024
• For further details, please visit: https://iimsambalpur.ac.in/mba-in-fintech-management/

SAMBALPUR: IIM Sambalpur, one of the premier management institutions, announces admissions for an MBA in Fintech Management in association with the NSE Academy in blended mode. This is the first Fintech-focused MBA degree to be launched by an IIM. The institution is also opening admissions to the dual degree program, under which applicants can gain an MBA in International Finance from Sorbonne Business School, Paris.

Digital public infrastructure such as UPI has made India a global Fintech powerhouse, showcasing remarkable progress in segments like Payments, Digital Lending, InsurTech, and WealthTech. The potential growth of Fintech indicates a massive need for skilled and proficient individuals to navigate evolving technologies, regulatory scrutiny, and market dynamics. On the strong foundations of strategic collaboration, the program is well-equipped to provide the participants with specialized training in the technical areas of Blockchain, AI, and cryptography, fostering strategic capabilities and expertise in cutting-edge technologies.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, informed, “With over 9,000 fintech startups, India stands as the third-largest fintech hub worldwide and will generate almost $400 billion worth of business by 2030, quadrupling its current size. With a growing number of job openings and a thriving startup ecosystem, the fintech sector presents abundant employment and entrepreneurial prospects. We are launching an MBA in Fintech Management to impart specialized skills, knowledge, and experience so that you can start your journey as an entrepreneur or intrapreneur in the blooming Fintech ecosystem. Our 18-month program, comprising 17 meticulously crafted courses across three terms, ensures a comprehensive learning journey.“

The programs are designed for working professionals and include a comprehensive curriculum with 17 specialized courses. Considering the blended nature of the programs, working professionals from Asian and European countries are also invited to apply. The programs also offer immersion at IIM Sambalpur and with the NSE Academy in Mumbai, as well as International Immersion at Sorbonne Business School (Paris) for students who opted for dual degrees. The deadline for submitting the online application is May 24, 2024.

Prof. Diwahar Nadar, Programme Chairperson, IIM Sambalpur, informed, “The MBA in Fintech Management program features a blended learning approach with online lectures on Wednesdays, Saturdays, and Sundays, complemented by in-person sessions at IIM Sambalpur each semester. A key highlight of the program is the dedicated incubator training, which offers mentorship for launching Fintech startups. The programs foster symbiotic relationships with industry, academia, and the Fintech community, offering unparalleled networking opportunities and entrepreneurial training. To initiate discussions and bring together the multiple stakeholders in the Fintech industry, we are hosting a roundtable discussion on 5th May at the National Stock Exchange, BKC in Mumbai.”

Eligibility:

The applicant should hold a bachelor’s degree or an equivalent qualification in any discipline with a minimum of 50% marks. While degrees in any field are accepted, backgrounds in business, economics, mathematics, engineering, computer science, or related disciplines are preferred. A minimum of 2 years of Post Qualification managerial/ entrepreneurial/ professional experience as of the last date of application.

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PUNE: Indian Institute of Technology Madras (IIT Madras), renowned for its excellence in education and research, is inviting applications for its recently launched first-ever off-campus BS Degree in Electronic Systems program. With an emphasis on electronics, embedded programming, digital systems, and control engineering, the program will enable students to apply the acquired engineering principles and knowledge to implement and improve systems and processes for applications. The last date to apply for the program is 25th June 2023.

The program is the second BS degree from IITM and is aligned with the country’s semiconductor mission. Designed in consultation with industry leaders, students after completing the program will have strong fundamentals and industry-ready skills, ensuring high employability. The program incorporates in-person labs at IIT Madras ensuring hands-on practical training that enhances students’ understanding of electronic systems.

After completing the program, students would have gained industry-ready skills so as to be employable across different sectors including automotive, semiconductor, and defense industries in various capacities such as electronic system designer, embedded system developer, electronic hardware specialist, system testing engineer, and electronics research engineer.

Emphasizing the significance of the program and growing demand across industries, Prof. V Kamakoti, Director, IIT Madras, said, “We are delighted to introduce the newly launched BS Degree in Electronic Systems program at IIT Madras. This groundbreaking initiative, started in March this year, revolutionizes electronics education. With our state-of-the-art labs and comprehensive curriculum, we empower students to shape the future of automotive, semiconductor, defense, and beyond. The application deadline is approaching, and we warmly welcome aspiring students to join this remarkable program.“

Sharing details about the program, Prof. Boby George, a faculty member in the Department of Electrical Engineering, IIT Madras, and coordinator of the newly launched program, said, “With this program, our aim is to equip learners with a diverse set of opportunities, enabling them to thrive in the ever-evolving professional landscape. By providing a comprehensive skill set, we ensure that graduates will be fully prepared to meet the dynamic needs of the industry and drive technological progress forward. At IIT Madras, we believe in empowering our students to explore their passions and pursue rewarding careers that align with their interests and aspirations.“

Talking about the transformative opportunity and learning, Prof. Sankaran Aniruddhan, a faculty member in the Department of Electrical Engineering, IIT Madras and coordinator of the newly-launched program, said, “Education is the catalyst that empowers individuals to unlock their true potential, and the BS Degree in Electronic Systems from IIT Madras is a transformative opportunity that transcends age barriers, embracing learners from diverse backgrounds and enabling them to embark on a fulfilling journey of growth, knowledge, and limitless possibilities.“

Prospective candidates who have completed Class 12 (or equivalent) in Physics and Mathematics are encouraged to consider this program as a valuable opportunity for their academic and professional growth. Unlike traditional programs, there is no age limit to join this program, making it accessible to any individual seeking to upskill and reskill themselves in the dynamic field of electronic systems.

Upon completion of the program, learners will receive a prestigious degree from IIT Madras, a testament to their expertise in electronic systems, and will possess the necessary competencies to pursue diverse career paths. The institute also offers multiple exit options, enabling learners at different stages of their education journey to receive certificates and diplomas. Additionally, IIT Madras provides dedicated placement assistance to facilitate career opportunities for program graduates, ensuring their successful transition into the industry.

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