Q4 (January- March 2017) Insight@NIIT:Vol.35 Investor Communication Contents
     
   
 
  NIIT Limited announces Q4  
  NIIT awarded as 'India's Most Trusted Training Brand' for the 5th consecutive year  
  NIIT launches 'India's Nxt Tech Star' movement  
  NIIT unveils 'Centre of Excellence' in Bangladesh  
  NIIT Canada led Consortium Selected by Real Estate Council of Ontario as Exclusive Provider of Mandatory Education Programs Required to Trade in Real Estate in Ontario, Canada  
  NIIT.tv - a disruptive innovation by NIIT, enters into a partnership with Buddy4Study  
  MLSL unveils "Nguru MathPlus" – one-stop solution for an immersive experience of learning, practicing and having fun with multi-sensory approach  
  MLSL unveils "Practice Plus" – breakthrough school learning solution by NIIT Nguru that helps students achieve higher levels of Learning & Mastery of concepts through practice & assessment  
  Post Budget reactions for the Education and Skill sector  
  IIM Calcutta and NIIT Imperia announce fresh batch for Advanced Program for Marketing Professionals (APMP)  
  IIM Calcutta in association with NIIT launches the 12th batch of Executive Program in Applied Finance  
  Pre-budget expectation for Education & Training sector  
  Training.com - an NIIT initiative announces fresh batch of Advanced Program in Data Sciences in association with IIM Calcutta  
 
   

     
   
  Contents  
 
 


  Q4 Results  
  News@NIIT  
  Campaigns  
 
     

     
   
  NIIT Limited declares Consolidated Results for Q4 and FY 2016-17  
 
 

 

 

 

Rahul Patwardhan
Chief Executive Officer,
NIIT Limited

During FY17, we invested in the Renewal & Growth Phase of our Transformation Strategy, with emphasis on Digital Transformation of NIIT as well as supporting Digital Transformation of our clients. We delivered a strong operational performance for Q4 & FY17, in spite of significant turbulence due to Demonetization and Forex Loss.

 

 

 

Sapnesh Lalla
CEO Designate,
NIIT Ltd

NIIT's Corporate Learning Group delivered strong revenue growth of 90% YoY during Q4 on the back of significantly higher strategic sourcing revenue. The overall revenue visibility at Q4 stood at USD 248.7 Mn up 24% YoY. We added 2 new MTS clients this quarter, renewed 1 existing contract; and received letters of intent for 3 more global clients, making Q4 a landmark quarter.

 

 

 

Rajan Venkataraman,
Chief Digital Officer,
NIIT Ltd

Since our inception, NIIT has been innovatively using technology to redefine the education and the training space. Aligning ourselves to the talent requirements of the industry in the wake of digital transformation we have further strengthened our multi-modal platform – Training.com this year. Through this platform, we aim to make high quality education and training available to aspiring professionals and youth across the globe using technology enabled delivery models. In particular, we are focused on partnering with the IT/ITES industry to address the critical need for Digital Skills.

 

 

 

Prakash Menon
President, Global Skills and Careers Group, NIIT Ltd

Encouraged by the positive response to our digiNxt career programs we are now developing programs to help youth fast track their career in today's hi-tech environment. India's Nxt Tech Star is one such initiative. We are partnering closely with many of India's engineering colleges, to address the urgent critical shortage of Digital skilled fresh IT workforce for the IT/ITES industry.

 

 

 

Gavin Dabreo
CEO of MLSL

FY '17 was focused on building stability in operations and increasing efficiency. MLSL is now poised for accelerated growth. We aim to redefine the school learning space by delivering Technology enabled outcome linked products.
  • Q4 Revenue at Rs. 361.5 Cr, up 51% YoY; Q4 PAT at Rs. 30.2 Cr, up 70% YoY
  • FY17 Revenue Rs. 1187.7Cr, up 18% YoY on a PAT of Rs. 65.1 Cr
  • Wins landmark annuity deal with Real Estate Council of Ontario, Canada
  • Launches 'India's Nxt Tech Star' movement to build the Next-Gen Digital workforce
  • Adds 392 new private school clients in Q4, up 221% YoY
  • NIIT ranked as 'India's Most Trusted Training Brand' for 5th year in a row

Quarter 4 highlights:

NIIT Limited Consolidated Financials for Quarter ended March 31, 2017

(in Rs. Crore) Quarter ended March 31, 2017 Quarter ended March 31, 2016 YoY growth
Net Revenue
361.5
238.9
+51%
EBITDA
17.2
13.2
+30%
Profit After Tax
30.2
17.8
+70%

FY 2016- 17 highlights:

NIIT Limited Consolidated Financials for Year ended March 31, 2017

(in Rs. Crore) Year ended March 31, 2017 Year ended March 31, 2016 YoY growth
Net Revenue
1187.7
1006.9
+18%
EBITDA
76.0
71.2
+7 %
Forex Gain/ (Loss)
(7.5)
+2.1
(9.6 Cr)
Profit After Tax
65.1
67.2
(3)%

During the quarter, the company recorded a Net Revenue of Rs. 361.5Cr, up 51% YoY and a PAT of Rs. 30.2 Cr, up 70% YoY. For the full year, the Company's Net Revenue stood at Rs. 1187.7 Cr, up 18% YoY and PAT was recorded at Rs. 65.1 Cr. Cash Management in Q4 was robust, with Net Debt reducing to Rs. 41.9Cr from Rs. 103.8Cr last quarter; and DSO days reduced to 79 days from 98 days last quarter. The results were taken on record at the meeting of the Board of Directors here today.

Corporate Learning Group (CLG) recorded revenues of Rs. 257.8Cr, up 90% YoY during Q4. Full year revenue for CLG was recorded at Rs 766.2 Cr, up 35% YoY. It added 2 new MTS customers in Q4, taking the total number of MTS customers to 34. Managed Training Services (MTS) portfolio contributed 97% to Q4 CLG revenue. Q4 Order intake of FY17 was up 43% YoY.

NIIT Canada led Consortium was selected by Real Estate Council of Ontario as the exclusive provider of mandatory education programs required to trade in Real Estate in Ontario, Canada. During this fiscal year, NIIT's CLG business has added 4 new multi-year contracts and 4 renewals in the Telecom, Oil & Gas, Life Sciences, Technology, Manufacturing, Energy, and Mining sectors.

During the quarter, the B2B India team continued to strengthen its engagements with leading corporate clients like Wipro, ICICI, Reliance, Vodafone, Gionee, Maruti-Suzuki, Deloitte among many other blue-chip Indian & MNC firms in the country.

StackRouteTM, a pioneering initiative from NIIT successfully created a talent pool of hundreds of Digital innovators for the IT industry in a short span of a year. The initiative has received an overwhelming response from the industry. StackRoute currently services three of the Top Indian IT Services firms in Bangalore, Chennai & Delhi NCR. Based on an immersive product development experience, the path–breaking program focuses on creating elite full-stack programmers who are at the core of Digital Transformation initiatives worldwide.

During the year, NIIT further strengthened its operations for Training.com - a multi-modal learning platform, by entering into a partnership with IIM Calcutta to launch an exclusive program called LEAD - Learn Enhance Aspire and Deliver. The program is specifically designed for CXOs who seek to renew their business knowledge, managerial capabilities and sharpen their leadership acumen. Further, Training.com in association with IIM Calcutta announced the first batch of Executive Program in Digital and Social Media Marketing Strategy during the quarter.

Within a short span of time, Training.com has generated more than 1.2 million visitors with over 2 million page views. Training.com has built a portfolio of 30 advanced courses including 5 marquee programs from IIM Calcutta. The learning platform has seen over 600 paid registrations to date, and generated a revenue visibility of over Rs 50 million. The programs have seen encouraging feedback from users and high course completion at over 90%.

Skills & Careers Business (SNC) recorded Q4 net revenue of Rs. 75.1 Cr, up 3% YoY; and Q4 EBITDA of Rs 3.1 Cr with an EBITDA margin of 4%, up from Rs -1.9 Cr EBITDA on a EBITDA margin of -3% in Q4 FY16, in spite of some residual impact of demonetization.

Renewing its commitment to building India's Nxt Gen IT workforce, NIIT launched diginxt 'India's Nxt Tech Star' movement, a hunt for the next gen techie who can showcase real App ideas to the world.

During the quarter, NIIT unveiled its biggest Big Data talent training base at Guiyang City in China to conduct IT and Big Data training for university graduates, working professionals and government employees in Guizhou province. Further, NIIT launched its first specialized IT center in Hoa Sen, Vietnam to create talent pool for Digitalization of Vietnam, and unveiled its Centre of Excellence in Bangladesh.

NIIT.tv entered into a tie-up with Buddy4Study - India's leading scholarship platform during the quarter. Under this tie-up select scholarships from Buddy4Study will be displayed on NIIT.tv, allowing interested users to search and apply for scholarships relevant to their profile. NIIT.tv now has over 6,50,000 registered users from 175 Countries.

During the quarter, NIIT Imperia - Centre for Advanced Learning Institute along with IIM Calcutta announced a fresh batch for Advanced Program for Marketing Professionals (APMP). This is a unique program specially designed to equip managers and practitioners with cutting edge knowledge on both strategic & tactical issues in sales and marketing. NIIT Imperia also announced the sixth batch for Executive Program in Business Management (EPBM) along with IIM Lucknow.

NIIT further strengthened its Banking portfolio during the year, by bagging contracts from leading Public Sector Banks namely – United Bank of India, Bank of Maharashtra and Bank of Baroda.

MindChampion Learning Systems Limited (MLSL) registered net revenue of Rs. 28.2Cr during the quarter; and an EBITDA of Rs 2.9 Cr and EBITDA margin of 10%. In Q4 it added 392 schools to its customer base, up 221% YoY. Go forward revenues from non-asset based private school business, grew 49% YoY in Q4, and 29% in FY17.

During the quarter, MLSL launched state-of-the-art NIIT Nguru Practice Plus - an academically designed online solution for K-12 that enables continuous practice and assessment this quarter. Nguru MathPlus – a unique solution designed for fostering mathematical skills using colours, shapes and real-life examples was also unveiled.

Other Q4 Highlights:

  • NIIT ranked as 'India's Most Trusted Training Brand' for 5th year in a row, by Brand Trust Report, 2017.
  • NIIT named to TrainingIndustry.com's Top 20 IT Training Companies List for 10th consecutive year.
  • Training.com won 'eEducation Services of the Year' – Online educational services award 2017 by Franchise India.
 
     


 
     
   
  NIIT awarded as 'India's Most Trusted Training Brand' for the 5th consecutive year  
 
 

Rahul Patwardhan
Chief Executive Officer,
NIIT Ltd

The emergence of the digital era not only comes with great opportunities but also with unique challenges, key among them being creating a talent pool to facilitate digital transformation of organizations and the economy. Towards this, we have been offering cutting edge solutions and programs to help re-train the existing employees as well as fresh graduates in futuristic skills. With training as our forte, we will serve the urgent skilling needs for a Digital Workforce.

 

 

 

 

 

Prakash Menon
President, Global Skills & Careers Business, NIIT Ltd

This award will encourage us to further focus on DigiNxt portfolio as we continue to offer innovative training solutions across multiple sectors. Going forward we will further enhance NIIT's curriculum offerings to serve the urgent skilling needs for a Digital Workforce.

- Wins the coveted accolade based on Trust Research Advisory's - Brand Trust Report, India Study 2017

- Recognized for providing state-of-art training in Digital Transformation

NIIT Limited has been recognized as 'India's Most Trusted Training Brand' 2017 by Trust Research Advisory (TRA), India's foremost data insights company dedicated to understanding, simplifying and researching aspects that make the intangibles of brands more measurable. NIIT has won the coveted award for the fifth year in a row.

The Brand Trust Report 2017 was conducted across 16 cities, generating nearly 5 million data points among 11,000 unique brands, thus making it one of the most intensive study on Brand Trust. The report measured consumers' trust and brand insights by measuring variables that influence consumer behavior.

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 35 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. In recent times, NIIT has launched cutting-edge solutions to develop a talent pool to enable Digital Transformation: StackRoute – first-of-its-kind program to create full-stack programmers, DigiNxt – pioneering career programs in digital transformation, Training.com – a multi-modal learning platform, and NIIT.tv – a disruptive innovation to bring NIIT classroom to every digitally connected Indian, anytime, anywhere.

"We are delighted to be recognized as the India's most trusted training brand for the fifth year in a row, and this award will encourage us to continue supporting the government and the industry with futuristic training programs," added Mr. Patwardhan.

Elaborating on the recognition, Mr. Sachin Bhosle, Research Head, Brand Trust Report said, "Due to the intense competition in every field, individuals are striving to be the best and are relying on brands such as NIIT for the right skill-sets. Today, Indian & Global IT Companies are investing heavily in building digital transformation skills to enable their clients transform digitally. NIIT is one such company that is working towards creating talent to facilitate this transformation. This award is a recognition of NIIT's effort to act as an enabler in digital transformation."

NIIT is actively involved in offering technologically advanced learning products and services to its customers. StackRoute is a niche program aimed at creating versatile super programmers who can work across multiple technology platforms, while DigiNxt caters to fresh graduates who want to equip themselves with digital skills and thereby improve the chances their career prospects. Programs like Java/DevOps, Open Source, Big Data, Data Sciences and many more are available under the DigiNxt umbrella.

Keeping in mind that apart from colleges and employers wanting to fulfil their responsibilities of training their students or employees in digital skills, today there is a societal need from school children, college students and working professionals in IT as well as outside of IT, to equip themselves with digital skills NIIT launched two online retail platforms – Training.com and NIIT.tv. Training.com is a portal which delivers life-long learning for IT, Management, Banking & Finance careers for individuals on a subscription mode. NIIT.tv on the other hand is a free portal, intended to serve the unserved and unreachable by partnering with many NGO's and CSR arms of companies, to reach more learners. As on date, NIIT.tv has around 6.5 lakhs registered users and over 5,800 courses on its platform.

Additionally, NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. With a proven global track record and strategic partnerships with many Fortune 500 clients in US & EU; with over 600 Global Specialist Training Partners across a wide range of subject domains; with a pool of over 1000 trainers deployable globally; and with the world's largest content development facility, NIIT brings the best of breed training services to meet the needs of discerning corporate customers in India, across all domains and entire range of training services, with a focus on large local and MNC firms.

The Brand Trust Report 2017 - the seventh in the series, is a result of the primary research based on the proprietary Attribute Trust Matrix of TRA. 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.

 
     
       

       
     
   
  NIIT launches 'India's Nxt Tech Star' movement  
 
 

Prakash Menon
President, Global Retail Business, NIIT Ltd.

Technology is fast changing. Platforms that are used today may become redundant tomorrow. Therefore, just skilling our youth is not enough, we need innovators and quick thinkers. India's Nxt Tech Star has been designed to encourage the spirit of innovation in youth, inspiring them to become the next tech idol who can redefine the world of technology.

- Announces nation-wide talent hunt to build the next gen IT workforce –
- To mentor thousands of students across the country over next six months to develop the next generation of tech apps –
- To showcase 25 shortlisted projects as 'India's Nxt Tech Star' to the world in November, 2017 -

Renewing its commitment towards building India's Nxt Gen IT workforce, NIIT Limited announced the launch of diginxt 'India's Nxt Tech Star' movement, a hunt for the next gen techie who can showcase real App ideas to the world.

The registrations for India's Nxt Tech Star will be open from 16th May 2017 to 30th June 2017. NIIT has further tied up with Time of India and Café Coffee day to popularize the initiative across the country.

As per MIT, around 77% of companies consider missing digital skills as the key hurdle to their digital transformation. Also, according to the World Economic Forum report, Five years from now, over one-third of skills (35%) that are considered important in today's workforce will have changed. These developments will bring about a transformation in the current working scenario. The process has already begun and is rapidly accelerating, with both IT companies as well as IT departments of large corporations scrambling to address the acute shortage of skills.

NIIT has taken up the challenge of developing the Nxt Gen IT workforce for meeting the requirements of an evolving Digital economy. Its nation-wide movement of building 'India's Nxt Tech Star' will call upon the youth to develop the next generation app, on futuristic platforms such as – Social Networking, Movies & Music, Travel, Sports & Fitness and Finance. Post 14 week duration of mentorship, the top 5 students from each idea category would be selected for the Grand Finale to be organized in Bengaluru in November 2017. The 25 shortlisted projects from 250 NIIT centres across India, would be showcased to an eminent jury comprising tech stalwarts and industry leaders. These 25 ideas, solving real life problems will be showcased as 'India's Nxt Tech Star' to the world.

An engineering or science graduate, not more than 25 years of age and with at least 60% marks in their graduation/post-graduation in any science discipline, enrolling for the May and June batches of the Java Enterprise with DevOps, MEAN Stack or Big Data programs under NIIT digiNxt can join the initiative. Students can walk-in to the nearest NIIT centre or to identified Café Coffee Day outlets in Delhi, Mumbai, Chennai, Pune, Kolkata, Hyderabad & Bangalore, to enrol.

Once enrolled for the Diginxt program the students can sign up for India's Nxt Tech Star, wherein they will be provided with the option to choose a category of their interest. The Interested students will have to attend additional two-hour session every week where the ideas would be discussed further and they would be mentored by experts to create their app.

India's Nxt Tech Star would be chosen on the basis of Innovation Quotient of the project, Usability/Design, Market Potential of the idea. Students are expected to build, test and release a complete demonstrable version of their app. The projects will be judged by a combination of top architects, start-up CTOs and product managers. The tech used for the projects would largely be up to the student, and is expected to showcase futuristic stacks, awesome UX and a large degree of smarts embedded into the app.

The winner will be awarded a cash prize of Rs. 2,50,000/- from NIIT. The first runner-up will win a cash prize of Rs. 1,00,000/- and the second runner-up win a cash prize of Rs. 25,000/-. All the finale participants will be given a certificate of appreciation & merchandise worth Rs. 2000/-.

To know more about NIIT diginxt programs please visit: - www.niitdiginxt.com or Call Toll Free number:- 1800 102 6448

 
     
       

       
     
   
  NIIT unveils 'Centre of Excellence' in Bangladesh  
 
 

Prakash Menon
President, Global Retail Business, NIIT Ltd.

The world is going through an intensive phase of digital transformation. All existing industries and economies are being disrupted, and this has presented us with great opportunities as well as unique challenges. With our keen understanding of the changing skills requirement of the industry, NIIT is committed to support 'Digital Bangladesh' by helping create a talent pool to facilitate digitalization of the country.

 

 

 

 

 

 

Sanjay Tickoo
Head, International Education Business (Emerging Markets), NIIT Ltd,

This is indeed a very proud moment for us as we are at the threshold of a transformation, driven by Digital Bangladesh initiative of the Government. Through the launch of 'NIIT Centre of Excellence' we are committed to support Bangladesh in its human capacity building initiative in line with the vision of Government of Bangladesh. We will be offering cutting edge programs in Big Data, Java Enterprise Apps with DevOps and diginxt-MMS to help create a talent pool armed with futuristic skill-sets aligned to the industry needs. We look forward to further strengthening this initiative, by empowering more and more students and working professionals in the coming years.

- Introduces future ready Digital Transformation Programs under the revolutionary digiNxt series aligned to the vision of Digital Bangladesh

- To train youth in Big Data, Digital Marketing, Java Enterprises with DevOps, .Net Technologies, Mobile App Development and many more.

Revolutionizing the IT training and education landscape, NIIT unveiled a Centre of Excellence in Dhaka, Bangladesh. The first of its kind NIIT Centre of Excellence was inaugurated by Mr. Nurul Islam Nahid, Hon'ble Minister of Education, Government of the People's Republic of Bangladesh. Also present on the occasion were H E Mr. Adarsh Swaika, Deputy High Commissioner, IHC to the People's Republic of Bangladesh; Mr. Abdul Gaffar Chowdhury, Eminent Journalist and Columnist; Mr. Sanjay Tickoo, Head, International Education Business (Emerging Markets), NIIT Limited & Mr. K. Khaled, Chairman, GETCO Group.

Aligned to the vision of Digital Bangladesh, the 'NIIT Centre of Excellence' will offer array of programs in Digital Transformation to create a talent pool trained in futuristic technologies. These technologies under the revolutionary digiNxt series have been introduced by NIIT with a profound understanding of the changing workforce requirement of the Global and Bangladesh IT industry.

Inaugurating the NIIT Centre in the country, Mr. Nurul Islam Nahid, Hon'ble Minister of Education, Government of the People's Republic of Bangladesh, said "I am delighted to unveil NIIT's Centre of Excellence that is in line with our vision of creating a Digital Bangladesh. The present government of Bangladesh came to power with the promise of realizing VISION 2021. Our aim is to build a Bangladesh free from poverty, illiteracy, backwardness and corruption by that time. Our goal is to graduate Bangladesh to a middle-income level country within this timeframe where we can ensure prosperity and a minimum living standard of life for each and every person of the country. We fully understand the challenges ahead of us in realizing this goal and are ready to put every bit of our efforts to achieve the target."

H E Mr. Adarsh Swaika, Deputy High Commissioner, IHC of India to the People's Republic of Bangladesh, said, "India attaches great importance to its relations with Bangladesh, and the extent of our engagement is a testimony to this fact. It is our endeavour to further strengthen the bonds of friendship and cooperation, and facilitate trade, investment and people-to-people exchanges between our two countries. NIIT has pioneered the category of IT training by creating a digitally savvy workforce, to empower the IT industry. The new NIIT Centre is yet another example of Indo-Bangla cooperation and how both the countries can work together in developing new-age talent for the digital economy.

Information technology has changed the way people work and the next ten years will be about transforming the businesses across all industry sectors. Global spending on digital transformation technologies is expected to cross $2.1 Billion by 2019. By 2018, 35% of IT resources will be spent to support the creation of new digital revenue streams, and by 2020 almost 50% of IT budgets will be tied to digital transformation initiatives.

In 2002 Bangladesh identified ICT as a "thrust sector" as it represents potential for quick wins in reforms, job creation, industry growth, improving governance and facilitating inclusion, and it has high spillover effects in other sectors. Today, in Bangladesh, the overall IT/ITES sector is valued at USD 650 million, with export claiming 39% ($250 million) of that value. The overall IT/ITES industry has enjoyed a high growth rate of 40% over the last five years and this trend is expected to continue. NIIT along with the government of Bangladesh will work towards skilling the youth with futuristic skill-sets in digital transformation to help carve meaningful careers in today's digital economy.

Digital Bangladesh is a significant initiative that aims to address the problems of unemployment and under employment by creating an ICT enabled digital economy. The initiative will implement IT for management, administration and governance to ensure transparency and accountability at all levels of society and state. To give shape to Digital Bangladesh, development of countrywide ICT infrastructure and human recourse trained in digital skills are the basic needs. The Bangladeshi government's Digital Bangladesh initiative looks to transform the country into a modern, knowledge-based society by 2021.

To meet the growing demand of professionals for the fast-evolving ICT industry in Bangladesh, NIIT will offer career programs in Java Enterprises with DevOps, Big Data, Digital Marketing, .Net Technologies, TallyERP.9, Software Engineering, Infrastructure Management, Project Management, Programming Languages, Web Design and Development, Mobile App Development, Microsoft SQL Server, Microsoft Window Server, Share Point, Hardware, Networking & Security, Multimedia and many more. Graduates and graduating students in Science, Technology, Engineering and Mathematics will be eligible to apply for these programs.

The centre has been launched in association with GETCO, a well renowned conglomerate in Bangladesh having diversified business. GETCO was established in 1972 as a private limited company. Over these years, it has built effective business relationship with various government and semi-government organizations as well as private companies. GETCO is keen to foray in education in a bigger way and contribute to Digital Bangladesh and Human resource development resulting in Nation Building.

Mr. K. Khaled, Chairman, GETCO Group said, "Over the last three decades, NIIT has played a pioneering role in making available job-ready talent across the globe. NIIT's revolutionary programs in digital transformation will go a long way in helping build a Digital Bangladesh. It is indeed a great honour to partner with NIIT to work towards the greater goal of creating a modern and prosperous Bangladesh."

 
     
       

       
     
   
  NIIT Canada led Consortium Selected by Real Estate Council of Ontario as Exclusive Provider of Mandatory Education Programs Required to Trade in Real Estate in Ontario, Canada  
 
 

Sapnesh Lalla
CEO Designate,
NIIT Ltd

NIIT Canada is truly honored to have been selected as the provider of real estate professional training programs to RECO. We are looking forward to developing the highest quality of training programs for Ontario's real estate professionals. Canada is a very important market for us and we are committed to expanding our operations in Canada, specifically Ontario, through our Toronto office to better serve the needs of our Canadian customers,

NIIT Limited announced that the Real Estate Council of Ontario (RECO) has selected NIIT Learning Solutions (Canada) Limited (NIIT Canada) in partnership with Humber College Institute of Technology & Advanced Learning, Canada as the Exclusive Designate to redesign, deliver, and maintain its flagship real estate education programs for professionals in the province of Ontario for a period of 5 years.

RECO is a not-for-profit corporation that is delegated the authority by the Ontario government to regulate the real estate profession in the province of Ontario, protecting the public interest through a fair, safe and informed marketplace. It oversees the day-to-day regulation of Ontario's more than 76,000 real estate registrants. Ontario is the most populated province in Canada and its capital, Toronto, hosts the largest real estate market in the country.

One of RECO's responsibilities is establishing education requirements to become a salesperson or broker in the province of Ontario, or to maintain registration (continuing education). Any person who wants to become a registered real estate salesperson or broker in Ontario must complete RECO's Registration Education Program and obtain their registration. The current programs have been in operation for many years and delivered by the current incumbent education provider. Historical data from the past five years detail that approximately 12,000 new Students begin the program each year with an annual individual course enrolment that exceeds 55,000.

The last 5 years have seen a significant growth in the number of students enrolling in these programs, as more and more individuals join the real state profession to cater to the rapid growth in the real estate market in Ontario. Student fees for 2016 exceeded CAD 30M, and cumulative fees over the last 5 years have been over CAD 100M.

RECO followed a two-phased extensive strategic review of its Registration Education Program and Continuing Education Program. Both phases involved significant stakeholder outreach and research. The second phase of the research conducted indicated that while the content of the current program was sound, there was scope to leverage advancements in technology and adult learning methodologies to rebuild the programs to emphasize experiential instruction through practical simulations at critical points in the learning process.

RECO therefore initiated the selection process of a Designate provider to design and deliver a new program that addresses the need for aspiring real estate professionals to be more practice-ready upon entry, and in turn enhance consumer protection. The new program would maximize experiential instruction opportunities for practical, real life skill application of the theory learned, accessible to students across Ontario.

Following a competitive and comprehensive selection process, RECO selected NIIT Canada in partnership with Humber College as the exclusive Designate to design, develop, administer and deliver a New Registration Education Program to be launched on July 1, 2019. NIIT Canada will deliver the New Program for a full five-year term under the Designate Agreement. The agreement is extendable for a period of three years.

In the new program structure, NIIT Canada will be a prime member in the Consortium, and will be accountable for the development and delivery of the entire program, while utilizing the strengths of Humber College's presence and expertise for accredited program and assessment delivery in Ontario. To ensure streamlined operations, NIIT Canada and Humber will operate in seamlessly linked technology platforms powered by a robust governance model and an integrated issue handling process.

NIIT Canada's solution incorporates experiential learning and award-winning pedagogical methodologies with a practical, hands-on approach to reduce the time to proficiency so that learners who complete the program are job-ready as they begin their careers. NIIT Canada will invest in creating a best-in-class real estate curriculum delivered on a state-of-the-art eLearning platform to provide learners with intense practice and a real world, immersive learning experience through the extensive use of cutting-edge, virtualized simulations and the convenience of multiple modalities. The changes to the structure and delivery of the program will help aspiring real estate professionals to practice skills in a real-world, interactive environment thereby improving their time to proficiency and enhancing consumer protection.

NIIT Canada's partnership with Humber College will ensure accredited and accessible training delivery in not just the Greater Toronto area but also the most remote parts of Ontario. NIIT Canada will also manage RECO's Knowledge Management Systems platform to provide real-time, on demand performance support for registered salespersons and brokers.

While developing this curriculum, NIIT Canada will also factor for the continuing growth in the Ontario real estate market and the increasing trend in course enrolments. According to National Statistics stated by the Canadian Real Estate Association, home sales over Canadian MLS® Systems rose by 5.2% month-over-month in February 2017 to reach the highest level since April 2016. While February sales were up from the previous month in about 70% of all local markets, the national increase was overwhelmingly driven by an increase in activity across the Greater Toronto Area (GTA) and environs.

"We're pleased to announce that the New Program will be developed by this partnership of two innovative leaders in professional education," said RECO Registrar, Joseph Richer. "The New Program will bring together the best in local real estate knowledge and education delivery, and leading edge expertise in program development. It will help ensure that students are practice-ready when they begin their real estate careers."

"Humber has a strong industry reputation for credential testing and delivery of professional designation programs says," Alister Mathieson, vice-president Advancement and External Affairs. "Further, Humber is closely connected with our local and provincial communities, and the opportunity to deliver specialized education and skills to real estate salespersons and brokers will help contribute to Ontario's economy as newly trained professionals enter the workforce."

 
     
 

 
     
   
  NIIT Named to TrainingIndustry.com's Top 20 Training Outsourcing Companies List for Tenth Consecutive Year  
 
 

Sapnesh Lalla
CEO Designate,
NIIT Ltd

It is an honor to be consistently recognized as a Top 20 Training Outsourcing Company for a decade. Training is not just our business but our passion and we strive to help our customers run training like a business with improved effectiveness, efficiency, and tangible business impact,

NIIT Limited announced that it has been selected as a 2017 Top 20 Training Outsourcing Company for the tenth consecutive year by TrainingIndustry.com. Training Industry continuously reviews companies that provide training business process outsourcing (BPO) services and conducts an annual assessment to determine suppliers' experience and capabilities.

The Top 20 list recognizes the leading training outsourcing companies for their high quality services and comprehensive capabilities. All have demonstrated experience managing major BPO engagements, and they use their influence and expertise to advance the training industry.

Selection to this year's Top 20 Training Outsourcing Companies list was based on the following criteria:

  • Industry visibility, innovation and impact
  • Capability to deliver multiple types of training services
  • Company size and growth potential
  • Strength of clients
  • Geographic reach

"As the demand for sourced training services has changed, the companies selected for this year's Top 20 Training Outsourcing Companies list have responded," said Ken Taylor, President, Training Industry, Inc. "These companies have adapted to the needs of the training industry, with capabilities in delivery, content, administrative services and learning technology that align with buyers' needs."

"As experts in business process outsourcing, the companies named to the Top 20 Training Outsourcing Companies list are able to support a broad range of an organization's training initiatives, from large-scale roll-outs to specific training technology or delivery needs," said Doug Harward, CEO, Training Industry, Inc.

View the 2017 Top Training Outsourcing Companies.

 
     
 

 
     
   
  IIM Lucknow and NIIT Imperia announce 6th batch for Executive Program in Business Management  
 
 

Neeraj Sharma
Vice President,
NIIT Ltd

NIIT Imperia has been offering tailor-made management programs in association with premier institutes to enable aspiring professionals to move to larger and more meaningful roles in their organizations. The Executive Program in Business Management in association with IIM Lucknow has been especially designed for Managers looking for broader knowledge of other functional areas so that they can gain a more strategic profile within the organization.

NIIT Imperia - Centre for Advanced Learning Institute along with IIM Lucknow announced the sixth batch for Executive Program in Business Management (EPBM). This one-year part-time certificate program covers all critical functions of Management and is specially designed for professionals who seek to groom their corporate careers for higher levels of responsibilities.

The one-year Executive Program in Business Management (EPBM), offers a mix of experience sharing, real life case discussions and assignments, and has been created for professionals looking to enhance their performance and create greater value through their work. Applicants should have at least 50% marks in their graduation/post-graduation recognised by UGC/AICTE/DEC/AIU in any discipline. They should have a minimum of 2 years of work experience post completion of graduation to apply for this program. EPBM will prepare the professionals to take on the challenges in the dynamic environment and also help them make better managers with evolved decision making capabilities.

Prof. Rajesh Aithal, Chairperson MDP, IIM Lucknow, said, "IIM Lucknow is one of the most reputed business schools in Asia which believes in creating a distinct career path for professionals through its cutting-edge programs. We are delighted to offer the Executive Program in Business Management through NIIT Imperia. The program will provide broader insights of business fundamentals across functions of Management, thus enabling the learners to build a meaningful career and eventually be able to transform themselves into corporate leaders."

One-year program in EPBM focuses on functional management skills, strategic planning and execution and complimentary soft skills to enhance the decision-making capabilities of the participants. The classes will be held once a week and will be delivered using synchronous learning technology platform. In addition to this, students need to attend 3 days of campus visit module at the beginning of the program. Successful candidates will be given certification from IIM Lucknow and will be awarded IIM Lucknow MDP Alumni Status.

The program enables students to analyze the client needs and requirements and use leadership skills and styles to maximize productivity. Professionals undertaking the program will be trained in human resource management, economic environment, organizational behaviour, operations management, business communications, quantitative techniques in management, principles of sales & marketing management and much more.

For more information:-

Call: 1800 266 0304 or log on to www.niitimperia.com to locate your nearest NIIT Imperia centres.

 
     

     
   
  NIIT launches first-of-its kind specialized IT center in Hoa Sen, Vietnam to create talent for Digitalization of Vietnam  
 
 

Prakash Menon
President, Global Skills and Careers Group, NIIT Ltd

The world is going through an intensive phase of digital transformation. All existing industries and economies are being disrupted. Physical economy is being replaced by a digital economy. We have launched the specialized IT center in Hoa Sen to help Vietnam transform into a digital economy. With our keen understanding of the changing skills requirement of the industry, NIIT is committed to support Vietnam to create a talent pool to facilitate digitalization of the country.

Sanjay Tickoo
Head, International Education Business (Emerging Markets), NIIT Ltd,

This is indeed a very proud moment for NIIT as we are at the threshold of a transformational change in the Digital Learning space, driven by upskilling and talent development requirements for Digitalization of Vietnam. Towards this we have launched Big Data, Java Enterprise Apps with DevOps and diginxt-MMS to help create a talent pool armed with futuristic skill-sets aligned to the industry needs. We look forward to further strengthening this initiative, by empowering more and more students in the coming years.

To offer futuristic IT programs targeted to high school & university students, working professionals and institutes under LEAD (Learn, Enhance, Aspire, Deliver) module

NIIT unveiled its first specialized IT center in Hoa Sen, Vietnam to create talent pool for Digitalization of Vietnam. The center will deliver futuristic IT training programs to School pass outs, University students and working professionals under the LEAD (Learn, Enhance, Aspire, Deliver) methodology. NIIT will be delivering these programs through innovative blended learning process comprising both online and offline model which will give students flexibility of time & place.

The specialized NIIT IT center is being launched in Ho Chi Minh City with state-of-the-art products, for a career in IT ranging from data science to networking to software engineering. The NIIT center will offer programs on technologies like Office 2013, Java 7, Visual Studio 2012, SQL Server 2012, ASP.net, MVC 4.5, HTML 5, JQuery, Java Script, Infrastructure Management to enable students to learn Office 2013, Windows Server 2012, Microsoft SQL Server 2012 and Microsoft Share Point 2013. Apart from these, various rapid employability and career enhancement programs will also be offered by NIIT. Key technologies acquired during the courses include 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.

Programs under Training.com- a multi-modal learning platform by NIIT, will be made available to help Individual, Corporates and Universities. With our thrust on curriculum development and regular faculty training, NIIT will offer the most sought after IT programs to the Vietnamese youth.

Information technology has changed the way people work and the next ten years will be about transforming the businesses across all industry sectors. According to industry experts, digitally transformed organizations are 26% more profitable than their industry competitors. Global spending on digital transformation technologies is expected to cross $2.1 Trillion by 2019. By 2018, 35% of IT resources will be spent to support the creation of new digital revenue streams, and by 2020 almost 50% of IT budgets will be tied to digital transformation initiatives.

NIIT is pioneering innovative delivery methods. Its new venture training.com multi-modal learning platform, a direct-to-device initiative for advanced career programs will make cutting-edge blended learning programs available to professionals in Vietnam in partnership with world's leading universities and education institutes. The programs on Training.com are targeted at working professionals who want to take their careers to the next level by enhancing their knowledge of the latest business concepts.

Additionally, the not-for-profit NIIT University (NU) entered into a tie-up with Hoa Sen University (HSU), one of the leading private universities in Vietnam to empower the Vietnamese society with futuristic learning programs. To this end NIIT Data Research Institute was set up at HSU as a step towards making cutting-edge education and training available to the masses. Under this tie-up, student exchange programs between NU and HCU will be organized regularly. The universities will work together to develop new programs that are aligned to the digital economy. Incubation centre for collaborative projects between NU and HCU will also be set up.

Speaking on the occasion Mr. Nguyen Thanh Duy, President Hoa Sen College said "I congratulate NIIT and our team on the launch of IT center and collaboration with NIIT University for establishment of Research Centre in HSC Vietnam. Together we hope to transform Vietnam into a digital economy."

NIIT established its presence in Vietnam in the year 2000, becoming the first Indian IT enterprise to do so. Over the years, NIIT has been training skilled IT professionals for the Vietnam IT industry. With support of its outstanding partners and institutions, it has trained more than 50,000 students in the country. NIIT has also been the winner of Vietnam's ICT Gold Award for 7 years.

NIIT.tv - a disruptive innovation of NIIT is yet another initiative to bridge the digital divide. NIIT.tv is an internet TV portal that can be accessed on a computer, tablet or smartphone anytime, anywhere. It is a democratic digital learning initiative, backed by NIIT's strong Educational Technology framework launched in October 2015 with an aim to bring high quality training from its classrooms to every digitally connected learner, for free, at any time, place and language of their choice. The platform has received an overwhelming response with a total of 636450+ users from over 175 Countries. In the initial phase, over 20 skill-based training programs in IT, Banking and Finance, Retail and Management were made available, which has now scaled up to 5860+ "live" as well as "on-demand" courses for various segments from school children to college students to working professionals for free. This has prompted NIIT to go beyond its programs and provide support in other areas of higher education through strategic tie-ups.

 
     
         

         
     
   
  NIIT.tv - a disruptive innovation by NIIT, enters into a partnership with Buddy4Study  
 
 

Udai Singh
Chief Strategy Officer,
NIIT Ltd

We launched NIIT.tv with a vision to create a hassle-free education platform for every digitally connected citizen of India, by removing the four constraints of time, space, language and money. Through this significant integration with Buddy4Study, we will now help the students in choosing the right scholarships that will help in their growth and career development.


 

 


To make latest scholarship opportunities available and accessible to career oriented students

NIIT.tv – a disruptive innovation by NIIT, entered into a significant tie-up with Buddy4Study - India's leading scholarship platform. Under this tie-up select scholarships from Buddy4Study will be displayed on NIIT.tv. Interested users will be able to search and apply for scholarships relevant to their profile. This is an attempt by NIIT.tv to help students who need financial aid to support their education, also this integration will further strengthen NIIT.tv's vision to provide quality education to every digitally connected learner.

Buddy4Study is a scholarship search platform where users can see all the scholarships available in the market. There is also an option to help users to find appropriate scholarships matching their profile. Ranging from latest scholarship opportunities to the processing of the final detailed application, everything can be done in a single click via this web and application based user friendly platform. This is a two-way integration where Buddy4Study will expose its users to NIIT.tv courses to help them prepare for various scholarships.

NIIT.tv is an internet TV portal that can be accessed on a computer, tablet or smartphone anytime, anywhere. It is a democratic digital learning initiative, backed by NIIT's strong Educational Technology framework that was launched in October 2015 with an aim to bring high quality training from its classrooms to every digitally connected learner, for free, at any time, place and language of their choice. The platform has received an overwhelming response with over 639037 registered users from over 175 countries. This has prompted NIIT to go beyond its programs and provide support in other areas of higher education through strategic tie-ups. Going forward, the platform will assist students in exam preparation, career counselling, scholarship search, career related blogs and article etc.

Manasvi Singh, Co-Founder, Buddy4Study said, "This tie-up will be beneficial to both NIIT.tv and Buddy4Study users. While NIIT.tv users will be able to find the right scholarships matching their profiles, Buddy4Study users can seek help to prepare for various scholarships from the NIIT.tv platform."

As a socially responsible corporate citizen, NIIT with the launch of NIIT.tv is now committing to extend that experience and expertise to service the needs of India in many other sectors, across the entire social spectrum. With over 200 people working on education-technology, NIIT is the largest EdTech company in the country actively involved in offering technologically advanced learning products and services to its customers.

 
     
         

         
     
   
  MLSL unveils "Nguru MathPlus" – one-stop solution for an immersive experience of learning, practicing and having fun with multi-sensory approach  
 
 

Gavin Dabreo
CEO, MindChampion Learning Systems Limited (MLSL),

Math in its true sense is a colorful world, full of shapes, ?gures and patterns. In its original form, it is as much fun and as fundamental for a child's cognitive development as playing, talking & reading. However, children start fearing the subject at an early age. Many a research has shown that this fear stems from rote teaching-learning techniques and parenting practices that play a key role in students getting disconnected from Math. Nguru MathPlus is an innovative product that engages the learner in the process of learning, aiming to remove the 'fear of Math'. All stakeholders - students, parents & teachers are able to relate to Math intuitively through real life applications, thus making the subject interesting and fun.

 

Engages learner in the process of learning, aiming to remove 'fear of Math' at an early age

MindChampion Learning Systems Limited (MLSL), NIIT's wholly owned subsidiary for its K-12 school learning initiative, unveiled Nguru MathPlus –a unique solution designed for fostering mathematical skills using colours, shapes and real-life examples. The program has been carefully designed for students of class 1 to class 8, keeping in mind the guidelines of the National Curriculum Framework (NCF 2005) developed by NCERT. Nguru MathPlus is highly engaging, makes students curious and interested in the concept, encouraging them to want to know more. It provides insight to the learner on various career options and highlights the relevance of math in real life.

Nguru MathPlus emphasizes experiential learning for the students, using TLM-Lab-App (Teaching Learning Material-Laboratory-Application) combo that brings the best of inter-connected resources that can be used for learning Math in a fun way. Interesting elements like comic strips, interactivities, Multimedia (through QR codes) have been incorporated keeping in mind the interest of the age-group. All the components of the solution work in a coherent manner to accomplish the L-A-D approach (Learn-Apply-Diagnose). The Nguru MathPlus Book Series is completely based on Robert Mills Gagne's "Nine Steps of Instruction" - an American Education Psychologist best known for his "conditions of learning". This is the first book series all over India which is based on this theory.

Nguru MathPlus is an effective program for kids which facilitates and empowers them with practical math experience instead of the monotonous rote learning followed since ages. It uses 360-degree approach to help students explore mathematics through interesting curriculum books, intriguing MathLab that includes digital/physical activities, app-based logins to help students practice sitting at home, and provides assessment and report of students' progress.

Nguru MathPlus way of learning Math makes it an immersive experience, making learning co-incidental. It is delivered through state-of-art courseware for students of classes 1 to 8 and also offers QR code for accessing digital content from home. The process of learning is made more realistic and hence, curbs the 'fear of math' at early age. Library of projects for all classes with guidelines and worksheets integrated in course material, app based teaching-learning material, lesson plan for all classes, question bank for each concept are other unique features of this solution.

NIIT Nguru is a holistic range of School Learning Solutions which aims to make the vital process of teaching and learning simpler, thus bringing back the joy of learning for students.

 
     
         

         
     
   
  MLSL unveils "Practice Plus" – breakthrough school learning solution by NIIT Nguru that helps students achieve higher levels of Learning & Mastery of concepts through practice & assessment  
 
 

Gavin Dabreo
CEO, MindChampion Learning Systems Limited (MLSL),

Practice Plus is a breakthrough initiative by NIIT designed to make everyday practice of school curriculum more effective and result-oriented for students, teachers and parents. The online solution enables students to understand their own weakness, discover the gaps and thus excel in academics. Practice Plus is a stepping stone towards improved result through practice.

 

- Revolutionary features like student-practice engine, assessment con?gurator to enhance learning outcomes

MindChampion Learning Systems Limited (MLSL), NIIT's wholly owned subsidiary for its K-12 school learning initiative, launched state-of-the-art NIIT Nguru Practice Plus - an academically designed online solution for K-12 that enables continuous practice and assessment. The online solution moves beyond assigning grades to providing deeper insights regarding student's performance. Individualized practice supports each learner to help and practice at their own pace.

Nguru Practice Plus actively engages all stakeholders ranging from teachers to parents. It is a 360-degree online solution with features like student-practice engine, assessment con?gurator and detailed analytics that enables students identify and focus on improvement areas. It empowers teachers make informed decisions basis student's performance and plan classroom instruction accordingly. Practice plus is designed to help students achieve higher levels of learning through practice to attain mastery across the concepts.

Practice Plus helps:

  • Maximize student's performance
  • Enables practice on weaker areas
  • Supports personalized learning paths
  • Allows flexible grouping of student's level basis diagnostic reports
  • Enables self-monitoring of strengths and areas to be improved upon
  • Provides relevant insights for assessment planning

The product gives flexibility to chart out a course of practice to master the concepts as per the performance analysis. The comprehensive question bank enables assessment of both concepts and skills through variety of questions. Practice Plus enables anytime anywhere learning to help students improve and move to higher levels of learning

NIIT Nguru is a holistic range of School Learning Solutions which aims to make the vital process of teaching and learning simpler, thus bringing back the joy of learning for students.

 
     
         

         
     
   
  Post Budget reactions for the Education and Skill sector  
 
 

Vijay K Thadani
Vice Chairman & Managing Director, NIIT Ltd

By Vijay K Thadani, Vice Chairman & Managing Director, NIIT Ltd.

The Budget is directionally good in terms of its focus on quality. A specific statement on granting autonomy to higher education institutions based on performance shows that the government has its priorities right.

SWAYAM got a special mention as the latest digital initiative of the government. It shows the high priority that the government accords towards promoting technology-based learning.

A new initiative in higher education, announced by Mr. Jaitley, is setting of National Testing Agency which will handle all the entrance exams in higher education. This is a welcome step.

The additional focus on advanced skills development and preparing a global workforce through India International Skills Centres is a very welcome step. Moreover setting up of Digi Gaon will open new vistas for technology based education for our rural folks.

 
     
         

         
     
   
  IIM Calcutta and NIIT Imperia announce fresh batch for Advanced Program for Marketing Professionals (APMP)  
 
 

Neeraj Sharma
Vice President,
NIIT Ltd,

NIIT Imperia has been specially created to provide quality Management Education to working professionals. We have always believed in offering programs customized to the evolving needs of the industry. The APMP program from IIM Calcutta will groom the professionals for various roles in marketing and strategy thus helping to create a pool of competent professionals for the industry.

 

 

 

 

 

 

NIIT Imperia - Centre for Advanced Learning Institute along with IIM Calcutta has announced a fresh batch for Advanced Program for Marketing Professionals (APMP). This is a unique program specially designed to equip managers and practitioners with cutting edge knowledge on both strategic & tactical issues in sales and marketing.

The one-year course in Advanced Program Marketing Professionals (APMP) is specifically designed for middle and senior level managers, who would like to develop proficiency in market, strategy and implementation. Applicants should have at least 50% marks in their graduation or post-graduation recognized by UGC/AICTE/DEC/AIU in any discipline and should have a minimum 5 years of work experience to apply for this program. APMP will equip professionals take a wide sweep in marketing activities.

Professor Prashant Mishra, Program Director of APMP, IIM Calcutta, said, "IIM Calcutta has been playing a pioneering role in professionalising Indian business management through its various cutting-edge programs. We are happy to offer the Advanced Program for Marketing Professionals through NIIT Imperia. The program will help learners internalize the wider organizational context of marketing and decision-making and appreciate the complexities posed by the inter-relationship of market-mix elements. The mix of hard and soft skills offered through this one-year program enables professionals to transform themselves into strategic leaders."

1-year program in APMP allows prolonged and smooth learning of the subject which eventually help in better retention of the gained knowledge. The program is designed with a mix of experience sharing, real life case discussions, assignments and industry/research based projects besides the lectures in class. Students undertaking the program will be given group projects in marketing management related to their companies. In addition to this, students need to attend 6 days of campus visit module during the program (3 Days at the beginning and 3 days at the end). Successful candidates will be given certification from IIM Calcutta.

The program offers students with adequate inputs in the arena of strategic and tactical issues in sales and marketing. Professionals undertaking the course will learn consumer behaviour, marketing management, marketing research and analytics, basic financial acumen for sales & marketing, sales & distribution management, product & brand management, strategic aspects of marketing, B2B marketing, organizational & people issues in marketing, services marketing and much more.

For more information, visit: -

Call: 1800 266 0304 or log on to www.niitimperia.com to locate your nearest NIIT Imperia centres.

 
     
         

         
     
   
  IIM Calcutta in association with NIIT launches the 12th batch of Executive Program in Applied Finance  
 
 

Udai Singh
Head, New Business Initiatives, NIIT Ltd.

NIIT has played a pioneering role in redefining the education and training sector in India through technological & pedagogical innovations in the space. With the launch of Applied Finance program through training.com in collaboration with IIM Calcutta, we aim to help professionals in developing their ability to create greater value for their organization.

 

 

IIM Calcutta launched the cutting edge Executive Program in Applied Finance to help build a successful career in the field of Corporate Finance in association with Training.com- a multi-modal learning platform of NIIT for Advanced Learning Programs. The program will be delivered through a combination of online and offline modes. The online component will be in a direct-to-device mode delivered through training.com. In addition, the program will also have campus visit components at IIM Calcutta. The program aims to create high-impact learning experience by bridging the gap between quality, affordability and accessibility.

The 12 months Executive Program in Applied Finance will provide in-depth knowledge in the frontiers of finance that is required for a successful professional in the corporate sector, banks, and financial institutions. Professionals seeking to develop their careers in Corporate Finance with a background in MBA Finance, CA, CS etc. can apply for this program. Applicants should be a graduate (10+2+3 or equivalent) in any discipline with a minimum of 50% marks (Aggregate). They should also have a work experience of at least 2 years. On successful completion of the program the participant will receive a certificate of successful completion from IIM Calcutta. The candidates will also be awarded an Alumni status by IIM Calcutta.

For more information, visit: -

https://www.training.com/finance-courses-online/executive-program-in-applied-finance

and

https://iimcal.ac.in/ldp/EPAF

Professor Subir Bhattacharya, Chairperson, Long Duration Programmes, IIM Calcutta, said, "Today online learning holds the key towards making quality content accessible to learners across geographies. Being a leading management educational institutions, we would like to make the best of content available to young professionals. With this aim, we have joined hands with NIIT to deliver high quality content in management education in a direct-to-device mode, through its multi modal learning platform- Training.com."

The Executive Program in Applied Finance will be taught with the help of case studies, live corporate examples and general discussions. In order to provide greater industry insights, business leaders from the different industries will be invited to share their experiences. This is the 12th batch of the EPAF Program and the first batch being conducted in the live online interactive mode through

www.training.com.

 
     
         

         
     
   
  Pre-budget expectation for Education & Training sector  
 
 

Rahul Patwardhan
Chief Executive Officer,
NIIT Ltd

By Mr. Rahul K Patwardhan, CEO, NIIT Limited

Although there has been lot of focus on skills and training, we expect some tax relief for the education and training sector in this budget. We expect that the government will introduce measures to ensure a level playing field for the highly regulated Indian online education and training companies, against the global players who are entering the Indian market aggressively in an unregulated manner as far as Indian taxation regime is concerned.

The Government, has already announced phased reduction of Corporate Tax rates from 30% to 25%, and we expect some announcement in the ensuing Union budget to this effect. Tax regime is one of the significant considerations for Multinational Enterprises to set up their business in a particular tax jurisdiction. This would be a tremendous step from the government in respect to ease of doing business, encouraging more multinationals to expand their business in the country.

GST is another much-awaited Indirect tax reform, which will boost the economy. As, GST has been deferred to July 1, 2017, we hope that the government should accordingly extend the date of phase wise GST provisional registration as organizations are facing issues in getting registered on GST portal. There should be firm timeline and industry should be given sufficient time for implementation since lot of modifications is required in the IT Systems. Further, specifically for Service sector there would be extra burden on compliances for multistate registrations, therefore ease of compliance should be considered i.e. centralised registration or unified registration.

 
     
         

         
     
   
  Training.com - an NIIT initiative announces fresh batch of Advanced Program in Data Sciences in association with IIM Calcutta  
 
 

Udai Singh
Head, New Business Initiatives, NIIT Ltd.

The programs offered by training.com are uniquely positioned to meet the changing requirements of the industry. With the launch of Advance Program in Data Sciences in association with IIM Calcutta we aim to develop globally competitive workforce who can take various challenging role and can add greater value to their organization.

 

Training.com- a multi-modal learning platform by NIIT launched Advance program in Data Sciences to help build a great career in the field of Data analysis. The program is in association with IIM Calcutta and will be delivered through a combination of online and offline modes. The online component will be in live online interactive mode through training.com. In addition, the program will also have campus visit components at IIM Calcutta. Through this partnership NIIT and IIM Calcutta aim to create high-impact learning experiences by bridging the gap between quality, affordability and accessibility.

The 12 months program in Data Sciences (APDS) will provide in-depth knowledge of different tools and techniques used for handling, managing, analysing and interpreting data. They should also have a work experience of at least 3 years. On successful completion of the program the participant will receive a certificate of successful completion from IIM Calcutta. The candidates will also be awarded an Alumni status by IIM Calcutta.

For more information, visit: -

https://www.training.com/management-courses-online/advanced-program-in-data-sciences

Mr. Preetam Basu, Associate Professor Operations Management, IIM Calcutta, said, "We are delighted to partner with NIIT to make Advanced Program in Data Sciences available to professionals across the country through training.com. Data science employs techniques and theories drawn from many fields within the broad areas of mathematics, statistics, operations research, information science, and computer science. The content delivery, examination, and certification process will be administered using a balanced mix of direct-to-device technology and scheduled visits to the campus."

The Advance Program in Data Sciences will introduce learners to software such as XL-Miner, SAS Enterprise Miner, SPSS, R, @Risk, Arena, Apache Spark, Python etc. The program will be taught with the help of case studies, live corporate examples and general discussions with 8 days of campus visit. As part of the program, participants will be required to form small teams and undertake projects of their choice, in the areas of marketing, finance and operations that will be guided by IIM Calcutta faculty. Successful completion of the program will enable the participants to acquire a strong foundation for applying advanced quantitative and statistical tools to make most effective decisions driven by sound data analysis.

The programs on Training.com are targeted at working professionals who want to take their careers to the next level by enhancing their knowledge of the latest business concepts through a management course from a premier institute.

 
     
         

         
  News@NIIT  
   
 
  How Digtal Transformation drives business value_CXO Today_March 2017  
  Map out your career- India Today Aspire_March 2017  
  Technology has made students life simpler effective_ Career connect__January 17  
 
     

     
 
  Campaigns  
 
 

 
     

         
  Environment Scan  
   
 
  Indian IT sector expected to grow at a rate of 12-14 percent_ Mint _ March 2017  
  Dosmestic IT spend to grow 13% _Millennium Post_ January 2017  
  IT challanges to remain_The Hindu_January 2017  
  IT Industry must embrace digitization _Financial Express_January 2017  
 
     

 

 

For further queries, please write to
investor.relations@niit.com
or contact the Editor at- Swati.1.Sharma@niit.com

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