National Skill Development Corporation (NSDC) and Bajaj Finserv and All India Council for Technical Education (AICTE) and Bajaj Finserv exchanged two MoUs in the presence of Dharmendra Pradhan, Union Minister for Education and Skill Development and Entrepreneurship to offer a Certificate Programme in Banking, Finance and Insurance, as per the official announcement.

Atul Kumar Tiwari, secretary, Ministry of Skill Development and Entrepreneurship, Rajive Kumar, member secretary, AICTE, Ved Mani Tiwari, CEO, NSDC and MD, NSDC International and Sanjiv Bajaj, chairman and MD of Bajaj Finserv were also present during the MoU signing ceremony. The event was also attended by Kurush Irani, President Group – CSR and Pallavi Gandhalikar, National Head – CSR of Bajaj Finserv.

“The partnerships forged today will build competencies at scale in the financial sector and empower our youth to participate in the transformation happening in the financial and digital space,“ Dharmendra Pradhan, said.

Pradhan emphasised that our youth will play a key role in making a Viksit Bharat driven by knowledge, competencies, skills and the right attitude. He said that we are building a super highway of knowledge and competencies and India can become the hub for the global financial services market.

It will strengthen AICTE ‘s vision to bridge a gap between Industry and Academia, by rolling out immense opportunities of education, internships and job training for students in finance, banking and insurance sector,” T.G. Sitharam, chairman, AICTE, said.

Under the partnership, Bajaj Finserv claims to take forward skilling initiatives to build the capabilities of 20,000 candidates through its Certificate Programme in Banking, Finance and Insurance (CPBFI), a 100-hour programme developed in collaboration with industry experts, training partners, educational institutions and psychological health institutes.

CPBFI claims that currently it runs for more than 350 colleges in 23 states, 100 districts and more than 160 towns. It is aimed at nurturing skills, knowledge and attitude among graduates and MBA aspirants especially in tier 2 and 3 cities, enabling them to seek employability and take the right decisions related to their long-term careers in the financial services sector.