CB BureauPrimarily aimed at making graduates employable for a wide range of industries, Bajaj Finserv’s employability programme is now called BEYOND. Under this, the company will be introducing new certificate programmes and building a placement division that will help beneficiaries find relevant career opportunities. Bajaj Finserv’s Certificate Programme in Banking, Finance and Insurance (CPBFI) will now be one of the programmes under BEYOND.
On this development, Sanjiv Bajaj, chairman & managing director, Bajaj Finserv Ltd, made the following points in a press release: ‘The BFSI industry faces acute shortage of local talent and high attrition, especially outside the Tier 1 towns. Our employability initiative, aimed at upskilling fresh graduates while addressing the employability gap in the country, is now creating a trained and versatile pool of resources for the BFSI industry. We are setting up a placement division to provide employment opportunities for our alumni. Through customised training programmes that address all aspects of employability – namely attitude, skills and knowledge, BEYOND will prepare the first-generation graduates from smaller towns and cities to realise their full potential and build a successful career in the financial services industry.’
The company’s employability programme was started in 2015 to improve the capabilities of India’s graduates who were keen on building a career in the banking, financial services and insurance (BFSI) sector. Since then, more than 10,000 graduates, across 10 states, have benefitted from the programme, the company claims.
Does this mean all 10,000 of them have been employed? Or is it that they are all skilled and hence employable? These questions from CauseBecause to the company received no response.