Signs MoU with Gujarat government
The TeamLease, a staffing solutions company, has signed a Memorandum of Understanding with the Government of Gujarat for establishing a vocational university, according to Vandana Sharma, head-Partners Operations, IIJT (Indian Institute of Job Training) Education Pvt. Ltd., Bangalore.
She was talking to newspersons at the opening of a satellite-enabled training centre at the IIJT Vellore franchisee centre in Sathuvachari near here on Tuesday.
Ms. Sharma said the company has raised Rs.100 crore through the ICICI ventures for starting the university, which would be known as TeamLease Vocational University. The amount would be used for setting up the university as well as expansion of the IIJT in the country. Once the university is established, all IIJT centres would be affiliated to the TeamLease Vocational University, and students undergoing courses in the IIJT would be awarded certificates or diplomas by the university.
Shajan Samuel, division head-South, IIJT Computer Education Pvt. Ltd., Bangalore, who inaugurated the satellite-enabled centre, said that IIJT Vellore offered courses in finance such as complete business accountant (CBA), integrated business accountant (IBA) and certified financial planner (CFP). The CBA, which is meant for higher secondary passed students, is a 560-hour course, while the IBA, which is meant for graduates, is a 300-hour course. The CFP, which is meant for graduates and postgraduates, preferably workers employed in banks, is a 200-hour course.
Classes would be held every day for two hours in different batches from 7 a.m. to 7 p.m. The timings are flexible so that students could undergo these courses even while studying in colleges. Only 15 per cent of the course duration would be devoted to satellite-based programmes, wherein lecturers from the IIJT studios in Bangalore or Delhi would be conducting interactive classes at specific time slots.
Mr. Samuel said that the IIJT offered 90 per cent skills and 10 cent knowledge. While lakhs of engineering and other graduates passed out every year from the colleges in India, only one-third of engineering graduates are employable as there is a big gap between knowledge imparted in colleges and job requirements. “We want to train people for life skills so that when they come out of their colleges, they would be ready for the job,” he said.
Mr. Samuel said that the IIJT conducted free career seminars on all Saturdays through the V-SAT. Guest lecturers from Bangalore or Delhi would be conducting the seminars, and it is open to participants sitting in the IIJT centres to interact with them and clarify their doubts. The seminars would be conducted by experts in the banking industry and the big shop businesses, he said.