Education and skill training company Aptech's Banking & Finance Academy has tied up with Geojit BNP Paribas to train more than 10,000 banking and finance professionals in five years for 40 cities and towns.
Anuj Kacker, Executive Director, Aptech said that together (with Geojit BNP Paribas), they aim to bridge the skill and employment gap that exists in the country and contribute to the future of aspiring banking and finance professionals. They will set up 100 new centres across 40 cities for this initiative, which could go up to 300 centres in the future.
The fee for the programmes would range from Rs 30,000-60,000 based on the modules that are chosen. There is no specific qualification required for doing these courses, though being a graduate would be preferable.
Satish Menon, Executive Director, Geojit BNP Paribas said that special preference will be given to these professionals in the organisation once they complete the training. ''With India’s BFSI manpower requirement expected to surge to 8.4 million by 2022, skill development of the new-age finance professionals by attunement to diverse risk management capabilities and adaptation to complex fin-tech remains a key challenge," he said, adding that this initiative would help bridge the gap.
Under this alliance, selected centers of Aptech Banking and Finance Academy in four metro cities of the country —Delhi, Mumbai, Kolkata, Bangalore— will impart two professional courses developed with the aim of filling the predicted skill deficit in the BFSI sector. The first, Aptech Certified Finance Professional course, a 10-month course is designed to create job ready professionals for the financial market. It is structured to train students in the latest computer application skills and acquire specialization in securities and wealth management. The second course, Aptech Certified Equity Dealer, an eight-month course, has been designed to help students learn all about the equity market.
In both the courses students would undergo mandatory soft skills training and a 30-hour industry project that would help them gain industry work experience and make them job-ready. These courses would also prepare students for examinations conducted by the National Institute of Securities Market (NISM) which is a public trust of the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India.