Q1 (April-June 2015) Insight@NIIT:Vol.28 Investor Communication Contents
     
   
 
  NIIT Limited announces Q1  
  NIIT IFBI invited applications for Post Graduate Diploma in Banking Operations  
  NIIT ranked as 'India's Most Trusted Training Brand' for 3rd year in a row  
  NIIT awarded Managed Training Services contract – Statoil ASA  
  NIIT shines at 'The 5th Indian Education Awards 2015 - Asia's biggest education show'  
  DHFL, NIIT IFBI and NIIT University entered into a tripartite MoU to offer one-year Post Graduate Program in Financial Services  
  NIIT partnered with BSCA Akademik Pariwisata Denpasar to offer multiple new-age career opportunities under the'Mastermind Series' in Indonesia  
 
   

     
   
  Contents  
 
 


  Q1 Results  
  NIIT in News  
  Campaigns  
 
     

     
   
  NIIT Limited announces Q1 (April - June 2015) Consolidated Results FY 2015-16  
 
 

 

 

 

 

 

 

 

 

Rahul Patwardhan
Chief Executive Officer,
NIIT Limited

On the back of continued and steady growth in our Corporate Learning Group and successful Business Transformation of the Skills & Careers Group, NIIT is back to growth and profitability.

 

 

 

 

 

 

 

Vijay Thadani
Vice Chairman & Managing Director, NIIT Ltd

The recent announcements by the Government of India, on Skill India & Digital India, will enable mass scaling of skill development, using technology as a delivery mechanism. NIIT is well poised to harness this opportunity as its already using Cloud Campus and Synchronous Learning Technology to reach thousands of students across multiple industry segments, across India.

 

 

 

 

 

 

Sapnesh Lalla
Group President, Corporate Learning Group, NIIT Limited

During the quarter, NIIT's Corporate Learning bagged 5 large multi-year, annuity based contracts, taking the overall CLG revenue visibility to USD 201.5 Mn.

 

 

 

 

 

Shivan Bhargava
Group President, Skills & Careers Group, NIIT Limited

Beyond-IT revenue share grew to 39% of SNC revenues in the first quarter, thus reaffirming our conviction on the market potential of such offerings.

NIIT records PAT of Rs. 15 crore on the back of steady growth in Corporate Learning Group and successful Business Transformation of the Skills & Careers Group

  • Records Net Revenue at Rs 233.2 Cr, up 4 % YoY
  • Corporate Learning grows 15% YoY
  • Skills & Careers (SNC) achieves significant turnaround on Revenue and EBITDA on the back of Business Transformation and Cost Optimization; and strengthens Beyond IT offerings to 39% of SNC revenues

NIIT Limited Q1 (April - June 2015) Consolidated Financials at a Glance (in Rs Cr)

  Qtr ended June 30, 2014 Qtr ended June 30, 2015 Growth
Net Revenue
225.3
233.2
4%
EBITDA%
6%
6%
135 bps
Profit After Tax
0.6
15.0
14.4 Cr
EPS (INR)
0.0
0.9
0.9

New Delhi, July 17, 2015: NIIT Limited, a global leader in skills and talent development, reported its results for the first quarter ending June 30, 2015. In this quarter, the company recorded Net Revenue of Rs 233.2 Cr with a PAT of Rs 15 Cr. The Operating Margin stood at 7% up 135 bps YoY.

The results were taken on record at the meeting of the Board of Directors here today.

During the quarter, NIIT launched an aggressive brand positioning campaign – 'The Place to go Places', to reposition itself as an organisation that is much beyond IT training, offering new-age courses across multiple industry sectors, to chart exciting career opportunities in the global economy.

Corporate Learning Group (CLG) recorded net revenue of Rs 128.5 Cr, up 15% YoY, maintaining a robust operating margin of 12%. This was backed by a strong growth in its MTS (Managed Training Services) offerings, which now contributes 89% of CLG revenues.

During the quarter, NIIT bagged a contract to provide managed training services to Statoil, ASA, a Norwegian multinational oil and gas company, headquartered in Stavanger, Norway. NIIT's Corporate Learning Group will provide comprehensive managed training services for a period of ten years, renewable after the first five years.

Skills and Careers Group (SNC) recorded net revenue of Rs. 72.5 Cr during Q1.

"Further, we commit to leverage the enabling ecosystem following the launch of 'Skill India', by training 10 million young learners across 16 industry segments over the next five years.", added Mr. Bhargava.

NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI), NIIT University and DHFL entered into a tripartite Memorandum of Understanding (MoU) to launch a one-year Post Graduate Program in Financial Services. The program will offer graduates in tier II and tier III cities career opportunities in India's promising housing finance sector.

In a significant development, NIIT signed an agreement with Guian New Area in the Guizhou province of China, to offer programs in new-age IT, with special focus on Big Data. The agreement was formalized during the visit of Hon'ble Prime Minister of India, Mr. Narendra Modi, to China. Through this tie-up, NIIT will work towards realizing China's vision to promote Guian as the country's national hub for the Big Data industry

NIIT's vocational skills training initiative - NIIT Yuva Jyoti Limited, established in partnership with National Skill Development Corporation (NSDC) continued to gain momentum, expanding its reach to over 215 locations.

During the quarter, NIIT Yuva Jyoti enrolled students under the pilot phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY), across three sectors – Telecom, Retail & IT in North East, Jammu &Kashmir and Jharkhand. PMKVY Scheme is a flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE), implemented by National Skill Development Corporation (NSDC).

NIIT Yuva Jyoti and Rotary International District 3010 felicitated the first batch of successful students' who were trained for four months in Data Entry Course along with soft skills, personality development and ICT Skills. Rotary International District 3010 & NIIT Yuva Jyoti had earlier entered into a partnership in August 2014, to enhance livelihood of youth from less privileged sections of the society and help them to build ambitious careers by opting for programs that suit their aptitude.

School Learning Group (SLG) registered a net revenue of Rs 32.2 Cr during the quarter, maintaining an Operating margin of 6%.

During the quarter, five-time World Champion and NIIT MindChampion Viswanathan Anand inaugurated state-of-the-art computer lab with NIIT Nguru–IT Wizard Plus, at Sri Prakash Vidya Niketan, Rajahmundry -- showcasing a futuristic approach, by integrating 21st century skills into the teaching methodology.

Other highlights:

  • During the quarter, NIIT was conferred with two prestigious awards at 'The 5th Indian Education Awards 2015' organized by Franchise India. The company won the coveted Best Vocational Institute for Banking, Finance & Insurance award for NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI). The prestigious Best Innovative Learning Tool award was presented to NIIT Nguru MathLab Plus.
  • NIIT US featured among 'Top 20 Training Outsourcing Companies' for the eighth consecutive year by Training Industry, Inc.
  • The Association for Talent Development (ATD), formerly ASTD, honoured NIIT and USAA with an Excellence in Practice Award.
  • NIIT supported the Government of Wuxi, China in organising international Yoga Day. The event witnessed over 1000 people practicing Yoga.
  • NIIT partnered with BSCA Akademik Pariwisata Denpasar to offer multiple new-age career opportunities under the 'Mastermind Series' in Indonesia.
  • NIIT announced the 16th National Scholarship, 2015 in Nigeria, to enhance employability of students desirous of building successful careers in today's knowledge economy.
 
     
 

 
     
   
  NIIT IFBI invited applications for Post Graduate Diploma in Banking Operations  
 
 

Bimal Jain
President,
NIIT IFBI

NIIT IFBI has successfully placed more than 34,000 students in the last eight years. PGDBO is an initiative spearheaded by NIIT IFBI, to cater to the emerging needs of trained banking professionals in the country. We aim to create modern banking professional for banking sector that will help banks achieve new levels of profitability. Currently leading Banks are looking to tier 2/3 cities like Shimla for further scaling their growth.

 

 

 

 

- Program to create a pool of banking professionals in Himachal Pradesh

NIIT Institute for Finance, Banking and Insurance (IFBI), India's largest Banking training institute, invited applicants' for Post Graduate Diploma in Banking Operations (PGDBO). The program aims to build a pool of banking professionals in Himachal Pradesh, who can help banks achieve new levels of profitability and customer responsiveness.

Post Graduate Diploma in Banking Operations (PGDBO) is a 6 months program that includes 3 months paid internship at India's leading banks. After successful completion of the program candidate will be placed as Senior Officer with salary package of Rs 2.33 Lakh per annum.

The application form for the program will be available from 20th May to 27th May 2015 at NIIT Shimla Center, near Auckland School, Lakkar Bazaar. Students who are born on or after 1st November 1989 and have scored more than 50% in their X, XI, XII and graduation are eligible to apply for this course.

The Banking Programs offered by NIIT IFBI aim to create industry ready versatile professionals, who can adapt to working environment in the Banking Industry. The programs offered by NIIT IFBI are designed in the context of modern-day Banking, Insurance and Financial Services by developing competencies on four dimensions – domain, technology, application and customer-service. The program will help create first-day-first hour industry-ready entry level professionals for banks.

 
     


       
     
   
  NIIT ranked as 'India's Most Trusted Training Brand' for 3rd year in a row  
 
 

Rahul Patwardhan
CEO Designate,
NIIT Ltd

It is indeed an honour to have received this prestigious award for the 3rd year in a row. This is a recognition of our efforts to constantly innovate by introducing, a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. With innovation at the core of education delivery, instructional pedagogy and business models, NIIT will continue to play a pioneering role in the training space.

 

Wins the coveted award based on Trust Research Advisory's - Brand Trust Report, India Study 2015

NIIT Limited, a global leader in skills and talent development, has been conferred the 'India's Most Trusted Training Brand' award 2015, by Trust Research Advisory (TRA) India's foremost data insights company dedicated to understanding, simplifying and researching aspects that makes the intangibles of brands more measureable. NIIT has received the coveted award for the third year in a row.

Established in 1981, to help the nascent IT industry overcome its human resource challenges, NIIT has today grown to be a global leader in skills and talent development. Spread across 40 countries, NIIT has impacted over 33 million learners since inception. A pioneer and trend setter in IT education in India, NIIT has kept pace with the market by providing a range of innovative solutions to address the manpower needs for the emerging knowledge economy.

The research carried by Trust Research Advisory (TRA) was conducted across 16 Indian cities that covered over 5 million data points across 19,000 unique brands. The report measured consumers' trust and brand insights by measuring variables that influence consumer behavior.

Elaborating on the recognition, Mr. Sachin Bhosle, Research Head, Brand Trust Report said, "Given the intense competition in every field, education training brands have become essential in the Indian context where individuals are striving to be the best and are relying on brands such as NIIT. Brand NIIT, which provides multi-disciplinary learning management and training delivery solutions to corporations, institutions and individuals, has since its inception holistically addressed the deficit in this field and thus by maintaining its standards, has over the years gained immense trust. The Brand has appeared in the Brand Trust Report, India study 2015 and is the most trusted in the category of training."

Trust Research Advisory, a part of the Comniscient Group, is a Brand Intelligence and Data Insights Company dedicated to understand and analyze stakeholder behavior through two globally acclaimed, proprietary matrices of Brand Trust and Brand Attractiveness. TRA has been publishing India's Most Trusted Brands in 'The Brand Trust Report, India Study' for the last four years consecutively.

In the last decade, NIIT diversified beyond IT training by entering into partnership with domain experts in growing industry verticals. These included alliances with ICICI for developing trained manpower for Banking & Financial Services sector through its IFBI initiative; and with Genpact for BPM training. Similarly it has joined hands with leading B- Schools like IIMs for its NIIT Imperia venture, aimed at working professionals. In the corporate front, NIIT offers best-in-class Managed Training Services that enable clients to reduce cost, embrace change and drive real quantifiable business impact. In the schools space, NIIT's technology based learning solutions aim to make the vital process of teaching and learning simpler, thus bringing joy back into learning.

 
     
 

 
     
   
  NIIT announced 16th National Scholarship in Nigeria  
 
 

Sanjay Tickoo,
Vice President & Head of Business Operations, International Education Business, NIIT Ltdsaid

The National Scholarship is a great enabler for thousands of Nigerian students desirous of building successful careers in diverse industries. Since inception the scholarship has reached out to nearly 1.6 million students and we hope to continue this effort and aim to reach out to many more students in the coming years. We are grateful to the students and parents who have bestowed their faith in us and have helped us to become Africa's largest IT education provider.

 

- Launches Revolutionary Mastermind Series mapped to international
. certification
- Annual Scholarship Test to be held on July 11th across the country

NIIT, a global leader in skills and talent development announced the 16th National Scholarship, 2015 in Nigeria, to enhance employability of students desirous of building successful careers in today's knowledge economy. Introduced in the year 2000 the National scholarship by NIIT has become a much anticipated annual event in the country and has been availed by 1.6 million students since inception.

This year the annual scholarship test will be held on 11th July across the country. For more information students can visit www.niitnigeria.com

NIIT has been present in Nigeria for over 15 years and has played a pioneering role in providing support to the youth of the country desirous of building great career in IT industry. The scholarship provides assistance to students across various disciplines- school leavers, under graduates, graduates (unemployed, under-employed) and individuals keen to enhance their technical skill-sets, and students in general who aspire to know about IT and careers in IT.

With an aim to create manpower for the Nigerian IT industry, NIIT offers various cutting edge programs to the students in Nigeria. The revolutionary career program - Mastermind Series mapped to international certification,enables students to get skilled for global career opportunities, through training in technologycourses. The Mastermind series comprise Software Engineering and Infrastructure Management courses. While the Software Engineering course will expose the student to technologies like Office 2013, Java 7, Visual Studio 2012, SQL Server 2012, ASP.net, MVC 4.5, HTML 5, JQuery, Java Script, the Infrastructure Management course will enable students to learn Office 2013, Windows Server 2012, Microsoft SQL Server 2012 and Microsoft Share Point 2013.

Apart from these courses, various rapid employability and career enhancement programs are also offered by NIIT. Key technologies acquired during the course includes tracks like 12C, MS Server 2012, Jelly Bean, Kit-Kat, Oracle, CCNA & CCNP, A+ & N+,Web Design & Development, Graphic Designing, MIS, and Project Management etc.

According to industry sources, IT industry in Nigeria is estimated to be among the fastest growing IT industries in the world. NIIT conducts the National Scholarship exam every year to help identify meritorious students to join this industry and be a part of the global skilled Talent pool.

 
     
 

 
     
   
  Five-time World Champion and NIIT MindChampion Viswanathan Anand inaugurated State-of-the-art NIIT Nguru- IT Wizard Plus Computer Lab at Sri Prakash Vidya Niketan  
 
 

Viswanathan Anand
NIIT MindChampion

Getting trained through the latest technology is a crucial element of success. I believe that the solution offered by NIIT will help schools to extend the learning ecosystem beyond the class rooms. I congratulate NIIT for introducing such innovative products. I would also like to congratulate Sri Prakash Vidya Niketan for their beautiful campus which is also the biggest campus of Rajahmundry. The state-of-the-art computer lab is a striking feature and I hope that it will help them to redefine education.

- Inaugurated 12 acres New Campus of the school, the biggest campus at
. Rajahmundry
- Anand highlighted positive impact of technology in redefining school
. education in India

Five-time World Champion and NIIT MindChampion Viswanathan Anand today inaugurated state-of-the-art computer lab with NIIT Nguru–IT Wizard Plus, at Sri Prakash Vidya Niketan. The computer lab showcases a futuristic approach by integrating 21st century skills into the teaching methodology. The holistic solution brings all the key elements required by teachers and students for learning and managing IT. The product aims at revolutionizing the way IT is taught in schools. NIIT Nguru- IT Wizard Plus has been installed in the computer labs of all the five branches of the school.

During the occasion, Anand also inaugurated the new campus of Sri Prakash Vidya Niketan, which is the biggest campus in Rajahmundry spread across 12 acre. It is the first school in Coastal Andhra to have vast play grounds with Football, Cricket, Basketball, Hockey, Volleyball, Kho-Kho, Hand Ball courts and 200 meter Running track. Science Park is an added advantage to the students of the school with working models for strengthening their concepts. The school provides separate activity halls for music, art, dance, skating & indoor games. It has separate hostels for boys and girls and also has its with own dairy, vegetable farm, mineral water plant, etc., to cater to student needs.

Speaking on the occasion, Mr. Venkat Ravi Madhira, Zonal Head, NIIT Ltd. said, "NIIT has been a pioneer in IT education in India and we continue to bring forth innovative learning solutions which substantially enhance the teaching-learning experience. We are delighted to launch the NIIT Nguru -IT Wizard Plus at Sri Prakash Vidya Niketan, Rajahmundry, which will help its students comprehend the subject better."

Mr. C.H. Vijay Prakash, Director, Sri Prakash Vidya Niketan, said, "Sri Prakash Vidya Niketan, Rajahmundry is committed to providing the best infrastructure to foster academic excellence. We have installed NIIT Nguru- IT Wizard Plus in our computer labs which has been innovatively designed by integrating well thought-out and relevant tasks that students enjoy doing after school with IT tools and technologies. We are also proud to introduce our new campus which is the biggest campus of Rajahmundry."

NIIT MindChampion Viswanathan Anand also distributed prize to the students who have excelled in academic and various sports activities organized by the school.

 
     

     
   
  NIIT signed strategic agreement with Guian New Area, China in presence of Hon'ble Prime Minister Shri Narendra Modi  
 
 

Prakash Menon,
President,
NIIT China

It is indeed a privilege to be invited by the Chinese Govt. to create a pool of Big Data professionals for its booming IT industry. Also, according to latest reports, China has the largest and fastest growing online population and it is an honour to develop professionals for the thriving internet space.

 

 

- To develop Human Capital in line with China's vision to promote Guian as
. the national center for the Big Data industry

NIIT, a global leader in skills and talent development, entered into an agreement with Guian New Area in the Guizhou province of China, to train students from the province in Career Programs in Big Data. The agreement was signed by Mr. Prakash Menon, President, NIIT China and Mr. Chen Yan, Authorized representative from Guizhou Guian New District, in presence of Hon'ble Prime Minister of India Shri Narendra Modi at the Business Forum organized on the occasion his visit to strengthen Sino-Indian trade ties. Also present on the occasion were leaders from the government, CEOs of Indian and Chinese companies as well as Chief Ministers of Gujarat and Maharashtra.

Earlier this year NIIT and Guian New Area in the Guizhou province entered into Memorandum of Understanding (MoU), to offer programs in new-age IT, with special focus on Big Data. The agreement brings the MoU into effect with NIIT setting up a centre in Guian New Area to train 50,000 students in five years, to help realize China's vision to promote Guian as the national center for the Big Data industry. The entire project will be funded by the Government of China as Guian has been identified by the Government as the national center for the Big Data Industry.

As the need for analyzing huge volumes of data presents immense opportunity for businesses today, there has been a growing demand globally for analytics professionals to power the Big Data industry. To cater to this emerging trend, NIIT has introduced cutting-edge programs in Big Data.

Parallely NIIT has also tied up with University of Finance and Economy, Guizhou to train students through "NIIT Inside model" - a very unique business model for co-operation with Universities and Colleges in China where NIIT programs are embedded in University/College IT curriculum. Students may undergo a 4 year Bachelor Degree program or a 3 year Associate Degree program post 12th grade in Information Technology. Currently, NIIT curriculum is embedded into both these programs across multiple Universities and Colleges in China. While the University system continues to teach the rest of the subjects that a student undergoes such as Chinese language, science etc to obtain a Bachelor Degree, the IT portion is completely from NIIT. The students get the degree or the associate degree from the University/Government and also receive a certificate from NIIT.

"NIIT was the first Indian IT training company to establish presence in China in the late nineties with a vision to create a manpower pool, to empower the software industry in the country. We are committed to supporting China in its human capacity building initiative and it gives us great pleasure to join hands with Guian New Area to further open and accelerate new-age career opportunities like Big Data," added Mr. Menon.

Apart from this, NIIT will offer wide range of cutting-edge IT skills training across various fields through its state-of-the-art Cloud Campus. Currently, there are over 10,000 students studying in the New University Town campus which is likely to grow to nearly 25,000 over the next few years. Hence, there exists a potential to train a large number of students. NIIT will help support the vision of the Guizhou Government and would train these students to develop the next generation of data scientists and business analytics professionals for opportunities in the Big Data industry.

NIIT, a global leader in skills and talent Development, established its presence in China in 1997, becoming the first Indian IT enterprise to do so. Over the years, NIIT has been training skilled IT professionals for China's software outsourcing industry. With the support of its outstanding partners and institutions, it has trained more than 150,000 students in the country.

 
     
         

         
     
   
  NIIT awarded Managed Training Services contract – Statoil ASA  
 
 

Sapnesh Lalla,
President, NIIT Corporate Learning Group.

We are honored that Statoil has selected NIIT as its main provider of Managed Training Services. Winning this competitive tender is not only a reinforcement of the work we have done with Statoil over the past five years but also bears testament to the fact that leading companies in the world can trust NIIT to deliver the highest quality and value of learning outsourcing services,

 

NIIT Limited, a global leader in skills and talent development announced that it has been awarded a five to ten-year contract to provide managed training services to Statoil, ASA, a Norwegian multinational oil and gas company, headquartered in Stavanger, Norway.

With this contract, NIIT's Corporate Learning Group, a leading provider of managed training services, will provide comprehensive managed training services for a period of ten years, renewable after the first five years. NIIT shall run Statoil's core operations for learning and competence administration and learning technology support, with options to buy additional services from NIIT's comprehensive suite, namely learning and competence advisory, content development, and strategic sourcing (aggregator services).

After a successful partnership between Statoil and NIIT for over the last five years, NIIT has now outcompeted some of the world's top companies in this space on both quality and cost. Statoil and NIIT are already planning the details of how they will build an even stronger partnership through this new contract.

 
     
         

         
     
   
  NIIT shines at 'The 5th Indian Education Awards 2015 - Asia's biggest education show'  
 
 

Rahul Keshav Patwardhan,
CEO,
NIIT Ltd

We are pleased to receive the esteemed Indian Education Awards. It gives us immense pleasure to see that our efforts continue to be recognized by the industry.

 

NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI) and NIIT Nguru MathLab Plus awarded for their innovative offerings

New Delhi, June 12, 2015: NIIT, a global leader in skills and talent development, has been conferred with two prestigious awards at 'The 5th Indian Education Awards 2015' organized by Franchise India. The company won the coveted Best Vocational Institute for Banking, Finance & Insurance award for NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI). The prestigious Best Innovative Learning Tool award was presented to NIIT Nguru MathLab Plus.

Referred to as Asia's biggest education show, The Indian Education Award is one of the most prestigious accolade that recognizes excellence in the education sector. The awards were presented at a glittering ceremony organised in New Delhi. The forum aims to recognize Achievers and Innovators, who have contributed significantly towards the excellence and growth of the education sector. The awards were presented by Pawan Agarwal, Joint Secretary, Ministry of Skill Development & Entrepreneurship, Government of India & Ritu Marya, Editor-In-Chief, Franchise India and other leading dignitaries.

"NIIT IFBI is committed towards providing trained manpower for the BFSI industry in India. Our objective is to create a large pool of industry-ready talent, who would be offered challenging career opportunities in the sector. Our state-of the-art NIIT Nguru MathLab Plus is another initiative by NIIT to make school education more impactful, interactive and fun filled for both teachers and students. These recognitions provide a great impetus to continue our endeavour to provide best-in-class services and create new benchmarks in the education sector", added Mr. Patwardhan.

NIIT IFBI has trained over 125,000 students and working professionals in India for the Banking and Financial Services Industry, in the last eight years, and has placed its students with leading banks. IFBI's offerings are designed in the context of modern-day Banking, Insurance and Financial Services by developing competencies on four dimensions – domain, technology, application and customer-service.

MathLab Plus is a breakthrough initiative by NIIT aimed to make the vital subject of mathematics simpler, easier and fun to learn for school students. A recent NIIT MathLab Impact study, conducted by one of the big four research agencies in 184 schools across 11 states in India to understand the impact of the MathLab, showed that Class X students from MathLab using schools, perform distinctly better in Math at board exams than students not using MathLab. NIIT Nguru MathLab Plus has been successfully implemented in more than 1500 schools, with over 8000 teachers using the product to teach mathematics to more than 5 lakh students.

The Indian Education Awards by Franchise India consider standards, ethics and best practice at the top of their agenda. Through positive recognition of those that lead the way, these Awards are seen as industry's top accolade.

 
     
         

         
     
   
  DHFL, NIIT IFBI and NIIT University entered into a tripartite MoU to offer one-year Post Graduate Program in Financial Services  
 
 

Bimal Jain,
President,
NIIT IFBI

NIIT IFBI has a proven track record of providing trained manpower to the BFSI industry in India for the last eight years. We are now very excited to partner with DHFL as it provides us an opportunity to extend our expertise to the housing finance sector by designing programs that will help identify and professionally train manpower for the organization, while empowering aspiring youth to access challenging careers in the sector.

 

MoU to empower talent in tier II & tier III cities
DHFL will extend Scholarship to deserving women candidates

DHFL, India' s second largest housing finance company in the private sector with NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI) and NIIT University entered into a tripartite Memorandum of Understanding (MoU) to launch a one-year Post Graduate Program in Financial Services. The program will offer graduates in tier II and tier III cities career opportunities in India's promising housing finance sector. This program, a contribution to help achieve success for the Union Government's flagship programs of creating 100 smart cities and accomplish Housing for All, has initiated a concerted strategy to build quality Human Resource for the financial services sector in the Tier II and Tier III cities. Further empowering the women in the tier 2 and tier 3 towns, DHFL will extend the Late Shri Rajesh Kumar Wadhawan scholarship to deserving women candidates.

The MoU was signed by Mr. Harshil Mehta, CEO, DHFL; Mr. Bimal Jain, President, NIIT IFBI and Prof. Suneel Khanna, Vice President, NIIT University.

The first batch of a minimum of 50 qualified housing finance professionals trained in the sales and credit functions would be absorbed by DHFL branches in the identified Tier II and Tier III locations post successful completion of the one-year program. The one-year Post Graduate Financial Services, by NIIT University in collaboration with NIIT IFBI will comprise 9 months residential program at the NIIT University campus, followed by 3 months of internship at a DHFL branch/office. Upon successful completion of the program, the students will be awarded with a certificate by NIIT University and will be absorbed by DHFL as an employee of the company designated as a management trainee. The students will be jointly shortlisted and admitted by DHFL, NIIT IFBI and NIIT University through a selection process.

Given the importance of the quality job creation in the housing finance sector, the program aims to impart knowledge and develop skills in housing finance service quality, credit management, operations, sales, general management, and relationship management. To make the learning more interactive and valuable, the internship will be based out of the Tier II and Tier III cities which are the crucial target markets for DHFL. This will enable the students to get a comprehensive experience about the sector and the business, which will ensure that the housing finance industry attracts the perfect mix of students with astonishing talents.

Mr. Harshil Mehta, CEO, DHFL, said, "DHFL's tie-up with NIIT IFBI and NIIT University reinforces the Group's three decades old philosophy and vision to strengthen India's economy at grass-root level. DHFL is committed to building quality, tech smart and a financially aware talent pool for the emerging markets to help provide best-in-class financial services for enabling home ownership in tier 2 and 3 towns for every Indian, especially in the LMI segment."

Mr. C. D. Ramesh, Head, Human Resources, DHFL, said, "The objective of this tie-up is to provide 'employable' skills' to deserving graduates and at the same time provide them with an exciting career opportunity with DHFL. The program is aimed at equipping the students with the required knowledge and skills in financial services with focus on Housing finance and mortgage lending. While we are launching this program with 50 participants from across India to begin with, the idea is to gradually increase these numbers going forward."

Prof. Suneel Khanna, Vice President, NIIT University said, "In line with our commitment to offer industry-linked education in the emerging areas of the knowledge society, we are happy to join hands with DHFL and IFBI to impart the cutting-edge training programs in housing finance at our University campus in Neemrana."

This program aims to facilitate industry-academia partnership for providing excellence in education and building competent professionals in housing finance. Through this initiative, IFBI and NIIT University will provide quality education in Financial Sector, while the students undergo an industry-linked internship at Dewan Housing Finance Corporation Limited during the course duration.

 
     
         

         
     
   
  NIIT partnered with BSCA Akademik Pariwisata Denpasar to offer multiple new-age career opportunities under the'Mastermind Series' in Indonesia  
 
 

Sanjay Tickoo,
Vice President & Head of Business Operations, International Education Business, NIIT Ltd,

We believe that our partnership with BSCA Akademik Pariwisata Denpasar will give a much needed impetus, to introduce programs which will prepare Indonesian students towards challenging global career opportunities. The revolutionary Mastermind series provides flexibility to students to choose from a range of careers as per their interests and career goals. This partnership is a step towards our skill development mission in Indonesia.

- To offer future-ready career programs in Software Engineering, Network Engineering,Server Infrastructure, JAVA, .NET, Business Skills and Information Technology
- To up-skill students in technologies like Office 2013, Java 7, Visual Studio 2012, SQL Server 2012, ASP.net, MVC 4.5, HTML 5, JQuery, Java Script

NIIT, a global leader in skills and talent development, and BSCA Akademik Pariwisata Denpasar entered into a partnership in Indonesia to offer multiple new-age career opportunities under the revolutionary Mastermind Series– a path breaking program, designed to help students in the country to acquire skill sets for global career opportunities. Over the last decade, NIIT has played a significant role in placing Indonesia's software and services sector on the international map.

Under this partnership, NIIT will provide content, impart training for lecturers and conduct examinations towards the successful completion of the programs. The Mastermind programs can be pursued along with graduation, thus allowing students to get the benefit of dual certification. The program has industry relevant curriculum mapped to international certification. The students are exposed to diverse technologies leading to better job opportunities. Not only the students, but also the Universities get an edge over other educational institutions. NIIT helps the Universities to design programs mapped to the industry standards.

NIIT has been present in Indonesia for over 17 years and has made a considerable contribution towards ICT education in the country. It has played a pioneering role in providing necessary skills to the youth of the country, desirous of building great careers. NIIT has trained over 16,800 students across 13 centres over the last decade, which has helped Indonesia get an edge in the global IT sector.

NIIT has a very unique business model for co-operation with Universities and Colleges in Indonesia called the - "NIIT Inside model", where NIIT programs are embedded in University/College IT curriculum. Students may undergo a 4 year Bachelor Degree program or a 3 year Associate Degree program post 12th grade in Information Technology. Currently, NIIT curriculum is embedded into both these programs across multiple Universities and Colleges in Indonesia. The students get the degree or the associate degree from the University/Government and also receive a certificate from NIIT.

NIIT has helped thousands of students through their unique "NIIT Inside model". Each and every studentis exposed to standard course materials and also gets experience on live Industry relevant projects. NIIT also helps Universities in curriculum upgradation and standardized learning experience like student guides, data files, presentation slides, instructor guide, sessions Plan and implementation manual.

Furthermore, Mastermind Series opens up exciting exit profiles like-Database Developer, Web Application Developer in Java & .NET, Desktop Technician support, Network Technician, Windows server administration, Database administration etc.

NIIT Inside model is successfully running in Indonesia, China, Botswana and NIIT has partnership with more than 150 Colleges and Universities to embed the NIIT curriculum into their college IT curriculum.

 
     
         

         
     
   
  Rotary International District 3010 and NIIT Yuva Jyoti Ltd. (NYJL) felicitated meritorious students at a ceremony in Gurgaon  
 
 

 

- All the students of the 1st batch placed with leading organizations

Rotary International District 3010and NIIT Yuva Jyoti Ltd. (NYJL) - an alliance between NIIT and National Skill Development Corporation (NSDC - a PPP not for Profit Company under the Ministry of Skill Development & Entrepreneurship, Govt. of India), felicitated the successful students at a certification ceremony in Gurgaon. The ceremony was attended by Rtn. Sanjay Khanna, District Governor, Rtn. Sudhir Mangla, DG Elect, Rtn. Umang Das PP and Mr. Bhaskar Ballave, Head Sponsored and Government Business, NIIT Yuva Jyoti Ltd.

Rotary International District 3010 & NIIT Yuva Jyoti entered into a partnership in August 2014, to enhance livelihood of youth from lesser privileged sections of the society and help them to build ambitious careers by opting for programs that suits their aptitude. The certification and felicitation ceremony was organized for the first batch of students' who were trained for four months in Data Entry Course along with soft skills, personality development and ICT Skills.

Speaking on the occasion Mr. Bhaskar Ballave, Head Sponsored and Government Business, NIIT Yuva Jyoti Ltd. said, "NIIT Yuva Jyoti has been working with a vision to offer viable career options to unprivileged youth whose need for skill development has largely remained unaddressed. I would also like to take this opportunity to congratulate the successful NYJ students and wish them the very best for their professional endeavours."

Special Message from Rtn. Sanjay Khanna District Governor, Rotary International District 3010 -"We are glad that Rotary has partnered with NYJ in this national Endeavour for skill building and providing unprivileged youth gainful employment to build up a nation we all will be proud of."

Rtn. Umang Das,District Chairman – Skill building and CSR, Rotary International District 3010 said, "Through this strategic partnership with NYJ, we aim to offer students opportunities to align their skill sets with the needs of the local industry – thus bringing local jobs to the youth. Further the emerging mobile internet society will throw up new job opportunities as also the need for the new skill sets to avail these new opportunities."

Rotary International District 3010 has been working closely with India Inc. to eliminate unemployment by making industry aligned training programs available to less privileged youth. The tie up between NYJ and Rotary International District 3010 will help students to acquire the skill sets necessary for employment. Rotary International District 3010 sponsored the students while NYJ trained them and placed them with good organisation. The 1st batch that was launched in October 2014 has got 100% placement.

The NYJ courses will enhance employability skills of students by offering occupational, communication and professional life skills to make them industry ready. The students will also enjoy the benefits of certification and placement assistance. This initiative will expose youth to the enormous opportunities available in the services sectors, the skill sets required in these sectors and the existing skill gaps. Furthermore, NYJ will help youth to achieve their dreams through its unique training methodology, course content and infrastructure.

 
     
         

         
  NIIT in News  
   
 
  NIIT inks pact for Big Data training in China area, Assam Tribue, May 17, 2015  
  NASSCOM sets up cyber security task, Business Standard, May 26, 2015  
  Beyond Books, Hindu, June 8, 2015  
  Home & Away, The week, May 24, 2015  
  China wants Indian IT companies in its new hi-tech city, Hindustan Times, May 30, 2015  
  PG in Financial Services, Indian Express, May 18, 2015  
  NIIT to train Chinese students in Big Data, Mail Today, June 9, 2015  
  Joining hands in IT to help both giants, Mail Today, May 13, 2015  
  First batch of PMKVY launched in Nagaland, Shillong Times, June 19, 2015  
  PM's campus connect in China will help relations, Sunday Gurdian, May 24, 2015  
  Anand bounces back after draw, Times of India, June 25, 2015  
 
     

     
 
  Campaigns  
 
 

 
     

         
  Environment Scan  
   
 
  Analystics, next focus area for IT captive units-Hindu Business Line-April 24  
 
     

 

 

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