To bolster the cause of job-oriented education, ICA EduSkills has joined causes with Bajaj Finserv to bring out a revolutionary scheme called the “Learn Now Pay Later” scheme. This will enable students to avail cutting-edge and valuable courses that ICA has to offer, without having to worry about paying the entire fees for these courses upfront. Student can pay now fee in convenient installments of Rs. 2,500– Rs. 3,500 per month. The students can start repaying the fee from the 7th month of completion of the course, over a tenor ranging from 12-24 months.
With the “Learn Now Pay Later” scheme, students just need to pay Rs.10,000– Rs.20,000and can complete any finance-related course within 6 months. What comes as a bigger victory for ICA’s cause of skill empowerment- these students would get a guaranteed job of remuneration between Rs.13,000-Rs.20,000in accounts, finance and taxation in 7th month- a proposition that has never been guaranteed before. This, in turn, would empower the nation to house a new and fresh workforce, skilled with the apt skill to contribute towards the growth of the nation.
“ In recent years, there has been a major shift in the Indian Education Sector. There is a surge in e-learning and vocational training courses due to the unaffordability of traditional professional courses. By partnering with ICA Edu Skills, we aim to make vocational education and skill training affordable to all Indians by providing flexible financing options. This will serve the dual purpose of increased employability as well as the reduced gap in affordability of professional education,” says Anup Saha, President- Consumer Business at Bajaj Finserv.
There has been a marked growth in the finance-led vocational sector. After GST, the demand for trained professionals in this field has gone up by 30% and salary has gone up by 25% as there is a Rs.1.03 crore new business has registered for GST. A professional is set to get a starting salary of Rs.15,000-Rs.20,000, making it a wonderful segment to tap.
Speaking about the association, Dr. Narendra Shyamsukha, Chairman, ICA Edu Skills said “Finance and commerce have always been the backbone of the nation, contributing greatly to the prosperity of the nation. They play a significant role in decision-making and are an integral part of strategic thinking of any organization. This increased importance not only ensures a bright career today; tomorrow appears to be even brighter for those who want to pursue finance a career. The courses offered by ICA have been designed after years of research to understand the pressing needs of the industry. Now with the ground-breaking scheme of Learn Now and Pay Later, students and their families can forgo the worry of hefty fees and pursue their dreamt to the fullest extent. National Skill Development Cooperation (NSDC) associated ICA Edu Skills have 1000 vacancies every week through its 30 placement offices, harboring a relationship with 70000+ employers.”
For students who come from a non-commerce background, ICA has a bridge course to help gain knowledge on the nuances of commerce, thereafter which, they can also undertake this course.ICA is affiliated with National Skill Development Corporation (NSDC). The student will get an ATJ (any time job guarantee card) on completion of course, which will give them the power to opt for a host of job in any city.
About ICA Edu Skills
ICA Edu Skills Pvt. Ltd. evolved out of the need of the industry of getting an employable workforce. Incorporated in 1999 in Kolkata, ICA has 100+ centers, 30+ placement offices and trained and placed 50,0000+ people on Certified Industrial Accountant course. ICA is the first choice of recruiters/companies. A dedicated R & D team with Certified Chartered Accountants, Cost Accountants, and Company Secretaries and Computer professionals has been created by the ICA for continuously improving the effectiveness of the ICA’s training output in tune with the demands of the Industry and business. ICA's quality commitment and assurance is revealed through its ISO9001:2015 certification. The Company has one of the premier India-focused private equity funds as its investor.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 31 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.
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