India will be the world’s youngest country by the year 2020 (NDTV 2017) and, also the third largest country with maximum enrolments in higher education. Despite such a remarkable trend, the employability prospects in our country are very upsetting. With 15 million youngsters entering the work force each year, more than 75% are not job-ready (The Hindu, 2016). As per All India Council for Technical Education (AICTE), more than half of MBA graduates are jobless and major reason behind is outdated curriculum (The Economics Times, 2017). Sunny Jain (Manager Finance & Accounts) working with conglomerate expressed that “Our Professional education system still lack industrial exposure. He further added that we always prefer students with real-time exposure and specialized skill-set instead of hiring just a degree holder”. Gurmukh Singh (Head –Operations and Projects, Romsons Group) further added that “The gap between industry and education institutes must be bridged; to improve the employability of students and the quality of higher education”
Industries are more inclined to hire specialized talent rather than just a degree holder. CA Tarun Kumar (Consultant – Ministry of Finance) stressed that “while it is crucial for fresh graduates to have knowledge in their own discipline when seeking employment, it is becoming increasingly important that their skills are complemented with wider and deeper understanding of real market trends”.
Being a premier “Investment Services” company, Bajaj Capital Limited with the legacy of 52 years in financial planning and investment advisory; promotes International College of Financial Planning (ICoFP) one of the India’s leading financial educational institutions, established in the year 2002; with the aim to cater qualitative education by fostering the employability skill of the students through its benchmark quality education practice. ICoFP model is based on the ideology of making its students “Ready for Real World”. ICoFP started its journey in 2002 with the concept of empowering students with employable skills. ICoFP offer full-time MBA and PG Diploma courses in Financial Planning and Financial Analysis which are recognised by UGC. ICoFP is one of the renowned education institution which has integrated globally acclaimed certifications with its MBA programme. The MBA in Financial Analysis course incorporates all 3 levels of Chartered Financial Analyst (CFA ®) program by CFA Institute, USA. Also MBA in Financial Planning incorporates international Certified Financial Planner (CFPCM) certification which is valid across 26 countries. Our courses are exclusively designed in collaboration with industry and based on experiential learning, while focusing on the area beyond academic through our student clubs; emphasizing on leadership, networking and personality enhancement.
With our pioneered services in financial education, we have been awarded with “Best Education Brand 2017” by Economics Times. ICoFP has become the chosen destination for companies to hire specialized talent. With 100% placement each subsequent year, we succeed to deliver qualified professional to the financial service industry.
If you want to experience academics with real world exposure; ICoFP is a right choice. At ICoFP we firmly believe “real world needs real exposure”. Explore the pioneer world of education at www.icofp.org
Submitted by
Soumya Sahadevan
Research Associate – ICoFP
