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Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. www.winzest.com Training in India 2009 February For World Bank delegation
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. India – Some facts India is a large country 1.2 Billion people … with a large supply of talent 4 million graduates produced every year About 0.5 million technology graduates (Engineers) and 3.5 million general graduates ... but talent not immediately “employable”; 3 million of the 4 million graduates do not get a job immediately after graduation … a largely untrained nation 95% of the youth in the 15-25 years age group are trained formally in a skill/competency in the developed world In India just about 5% get this formal training
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Source : BCG 47 Mn 19 Mn 7 Mn 3Mn 5Mn 3Mn India Bangladesh Pakistan Iran Brazil Mexico Philippines 5Mn 4Mn Vietnam 2Mn Turkey -10 Mn China -6 Mn Russia 5Mn Indonesia 1Mn Malaysia 0Mn Ireland Israel 0Mn Iraq 2Mn -1 Mn Czech Republic 4Mn Egypt -17Mn US * -2 Mn UK -2 Mn Italy -3 Mn France -9 Mn Japan * -5.6 m in 2010 Global working age population 2020 With an increasing imbalance in the global workforce, India’s demographic advantage is likely to be a key driver of future growth. By 2020 India will have 47Mn workforce. 3 India’s Demographic Forecast
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Retail Channels -Print Ads -SMS -Emails -Tele-Calls -Posters/Flyers Government -Job Schemes -Job fairs -Career drives Student Recruitment Employers Employer Selection Process Training Services ITES - Business Processes - Financial Ops - US Taxation Universities -Seminars -Scholarship tests -Event sponsorship About Winzest : The model Trained Talent Industry Oversigh t Candidate Segregation and FitmentComprehensive AssessmentScreening and Pre-selection Financial Services - Insurance Sales - Capital Markets Train & Hire ITES Financial Services Other
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Setting up a small Training Institute What do you need for a job-oriented TI ? Registered Entity Training Team Industry Relations Team Sales and Operations Team Infrastructure
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Setting up a small Training Institute ITES/IT Training Infrastructure For a 200 seat facility Class rooms Between 30-60 seats optimal Projectors good Internet connection helps Air-conditioned or well ventilated Computer lab 50 seat networked computer lab Internet (2 Mbps connection) Public transport connectivity important
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Setting up a small Training Institute Challenges Perception – Is training required ? Too many unprofessional Training Institutes Funding – primarily a brick-and-mortar model Hiring and retaining good training team Keeping curriculum relevant
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Student Acquisition The right “Channels” Retail SMS, Email, Tele-Calls Print Ads, Flyers, Posters, Events, Seminars Government Job Schemes, Job Fairs Universities Seminars, Event sponsorship Scholarship Tests The right “Target Population” Urban grown Urban migrants Rural/Semi-urban The right “Program Offerings”
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Student Assessment Systematic Assessment All candidates undergo this assessment Assessment used for student identification, filtering, monitoring and feedback Sample Assessment
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Industry Relations Industry (Employers) plays a critical role in the success of such training Industry roles Help creation program Industry participation important to create a new program Likelihood of program success high here Help in oversight and support Constantly monitor the curriculum to ensure relevance Support with required training and guest lectures Constant feedback to students and the institute Internship support Recruit students Recruit from the talent created from such programs
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Program/Course Design Industry Driven Standards DrivenIndustry Endorsed Self Driven Design Complexity 1 23 4
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Winzest – Next steps Expand Geographic presence AP State this year, All-India next and then Overseas Expand Funding sources Currently private funded. Induct external and professional funding. Expand Training product offerings Work with Companies in different sectors Have training programs for everyone and for different industry segments Expand target talent pool Currently programs focussed on Graduates Move to livelihood programs for the rural and semi-educated
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www.winzest.com Copyright © Winzest Edutech P Limited - Material contained within this document is confidential and may not be reproduced without prior written consent. Thank You Vijay Pasupulati Vice President Vijay.Pasupulati@winzest.com Winzest Edutech Private Limited Phone: (040) 6644 3040 | Fax: (040) 6644 3045 8-3-214/2/C/1 Ameerpet, Lane opp. Huda Swarnajayanti, Hyderabad - 500 038
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