Empowering Youth For Employability 2 About BSE Institute 3 BSE - - PowerPoint PPT Presentation

Empowering Youth For Employability

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About BSE Institute

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Concurrent Education

• GFMP – Under Graduate Skill course
• BCom – Capital Markets

Higher Education

• MBA – GFM
• MBA – Fin tec
• PGP – Banking & Finance
• EPIM
• PGP – Business Journalism
• MSc Finance (I)
• MBA+Dual Degree (I)

Vocational Training

• Short term programs for brokers,

professionals, investors

• State Engagements
• BFSI Sector Skill Council with NSDC

Research & Fellowship

• In process

Pre- School K-12 Concurrent (with Graduation) Higher (Post Graduation) Fellowship (Phd)

Vocational

BSE Institute Ltd : Focus areas

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Banking Financial Services & Insurance (BSFI) Sector Skill Council

The BFSI Sector Skill Council of India was recently set up to bring leading organizations

• f the BFSI industry together to create strategies and operational plans that will create

standardized skill requirements for the various job roles in the industry. The skill council functions as vocational Skills regulator for BFSI sector. The sector skill council is Public Private Partnership with Industry and NSDC under Ministry of Skill Development and Entrepreneurship. The BFSI Sector Skill Council of India has been set up with the aim of enhancing skill development across the BFSI sector for skill development programs under PMO/ Ministries.

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Zone Start -Up

Overview: Startups selected thru competitive pitches, enrolled for the start up program at Zonestart ups. Selected start ups get: Co working space, Mentorship support, technical assistance, fund raising support, customer connects etc Achievements:

• 146 start ups incubated in last 3 years
• 22 start ups soft landed in Toronto
• Funds raised : INR 237+ Crores
• 850+ new jobs have been created
• 271 internship opportunities across colleges
• 21 women entrepreneurs supported for a specialised program

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Our Skill Development Initiatives

The key features of the training program offered by BSE Institute are:

• An Industry Demand Led Training Approach
• Quality in Skills Training Delivery Process
• Values Added modules integrated with the main domain program such as

 Life Skills, Soft Skills, Business Etiquette and Grooming  Basic Work Place English & Interview Readiness sessions  Business Communications Skills

97,990 Learners Impacted 15 States 13 Projects

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Background

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Background

India – Fast becoming a destination for Investment Banks and BSFI ITES companies 25+ global banks are expected to recruit 1.25 million in 3- 4 year, 50+ BFSI KPO organizations Sector witnessing employment growth rate of 15% Center for Monitoring of Indian Economy (CMIE), there are currently nearly 31 million unemployed Indians looking for Jobs. Current estimates show that less than 20% graduates passing out of Universities across the country, are employable. In context of the BFSI industry, these numbers are far lesser due to lack specialized domain skills and knowledge.

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Industry and Recruitment

• Lack of skilled manpower is one of the biggest constraint, which companies are

facing in scaling up.

• Companies are not able to build effective work force which will help build client

relationships, cross sell, up sell or get client references

• Lack of specific domain training prevents companies from capturing larger wallet

share of clients.

• Ready to perform employee – short training cycle .
• Servicing team is not able to resolve client queries efficiently leading to customer

discontentment.

• Front

end employees lack knowledge

• f
• perational aspects leading to higher ratio of

form rejections and higher turn around time

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Problem Statement

1.25 Million expected Recruitment in Investment Banking Back office operations in 2-3 Years. The challenge is finding the right candidate. An average graduate is unable to meet the selection criteria of most employer Lack of domain specific knowledge Lack of Job skills The MBAs are far more employable – an estimated 43% Distorting salaries Post graduate students who have relevant foundation knowledge Do Not find these jobs aspirational, hence result in high attrition

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Intervention

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Intervention Planned

Providing employable skills and employment opportunities to the youth Provide fruitful employment opportunities to graduates from the underprivileged segments of the nation. Empower students with the necessary theoretical and conceptual tools used in investment banking and provide placement thereby provide a career path.

Underprivileged graduate youth in 2 years

4,000+

Intense Job ready program. Empowering Youth for Employability

380 hours

Helping them qualify for jobs with average salary.

1.80 – 2.50 Lacs

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Approach

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Impact

Mobilisation

• f

Students Placements

Design and development of curriculum

Assessment

Pedagogy

Training of Trainers Learning Tools

Approach

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Design and Development of curriculum

Interaction with representative from Global Investment banks and BFSI back office processing companies To gain Valuable insights into type of process , skills and domain knowledge required Seminars and Surveys to access challenges faced by industry and map job

• pportunities

Learning methodology is evolved keeping Learner in mind and industry as pivot. Curriculum covering the core concepts of Finance, Banking and Investment Management, and soft skills is developed

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Pedagogy

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Business Communication Work-place English Grooming & etiquettes Interview readiness

Program Soft Skills – 100 Hours

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Program Soft Skills – 280 Hours

• Overview of

Financial System.

• Financial

Instruments

• Financial

Products

• Financial

Structures

• What is

Investment Banking?

Introduction to Industry

• Controls
• Global

Compliance

• Operations

Risk Management

• Simulations
• System &

Process

Risk Management

• Overview of

Investment Banking Operations

• Trade Life Cycle
• Data Management

and Control

• Global Securities

Operations

• Asset Management
• Fund Accounting
• Global Funds

Clearing

Global Operations

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• Low on

Availability.

• Low on

Selection

• Low on

availability.

• High

Selection

• High on

availability

• High on

Selection

• High on

Availability

• Low on

Selection

Other Databases College Connects Print Direct Marketing Data Collection

Mobilization Source

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Selection Process

Students are given specific dates to attend the selection Process. Students Attend aptitude test and Interviews Orientation Program briefing on program details is conducted. Shortlist of Selected students is announced. Selected students join the program

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Selection Process

1731 Joined the program 4474 Offered. 8996 Appeared Selection 89386 Connected 1,50,000 Candidates Outreached

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Selection Process - Insights

44869 766 44517 965 89386 1731 Male Male Female Female Total Total Outreach Enrolled Outreach Enrolled Out reach Enrolled

Out reach to enroll

80% 49% 44% 57% 88% 42% 61% 38% 49% 36% 50% 45% 65% 50% 80% 50% 39% 57% 88% 43% 63% 44% 53% 36% 52% 51% 63% 54% 80% 50% 39% 57% 93% 36% 66% 46% 62% 22% 53% 53% 62% 55% 80% 47% 100% 57% 93% 50% 62% 37% 68% 43% 55% 48% 57% 56% Bangalore Bhubaneswar Jaipur Siliguri Rajkot Ahmedabad Chennai Delhi Hyderabad Kolkata Mumbai Pune Thane Grand Total

Female Gender Diversity Region wise

Connected Walk-in Selected Enrolled

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Selection Process - Insights

69383 17151 1493 1274 82 3 3907 3990 27 1062 8 2 2016 1819 17 618 3 1 524 914 10 279 3 1 Direct Marketing Data College connect Other data source Student Reference Web Campaign Print

Source wise

Connect Walk-in Selected Enrolled 13094 67815 8477 1387 7069 540 914 3311 239 378 1272 81 18-20 21-23 24-25

Age wise

Connect Walk-in Selected Enrolled

25 25 Employed-daily wages 10% Employed-Mid business 17% Employed-Small business 20% Government servent 8% Private sector employed 41% Retired 4% Unemployed 0.28%

FAMILY BACKGROUND

Selection Process - Insights

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Our Workforce readiness – Model

BIL Mobilizes Candidates Students Selected thru Aptitude test and interview . Selected students join 3 months program. Continuous Assessment of Students during program Interim interaction with students – Industry Engagement Successful students Interviewed by corporates. Selected students join the

• rganization

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Employment Insights

230 190 135 80 80 80 75 65 50 50 45 State Street BNY Mellon State Street Syntel Ser Pvt. Ltd. BNP Paribas India Cognizant Morningstar Eclerx Financial Services Angel Broking Kotak Securities Paisa Bazaar HDFC Securities 117 100 30 13 29 27 36 22 6 6 12 State Street BNY Mellon State Street Syntel Ser Pvt. Ltd. BNP Paribas India Cognizant Morningstar Eclerx Financial Services Angel Broking Kotak Securities Paisa Bazaar HDFC Securities

Opportunities created Employed VS

Top 10 Companies

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25 52 25 87 5 131 31 37 7 34 30 27 10 94 28 28

Region Wise Gender Diversity

Female Male

Employment Insights

85 214 9 1 67 134 12 1 100001-200000 200000-300000 300001-400000 Above 400000

Salary Per Annum and Gender Diversity

Female Male

Driver 26% Auto Driver 21% Construction Worker 11% Manual Labour 7% Tailor 13% Painter 8% Household Help 14%

FAMILY BACKGROUND OF DAILY WAGE AND SMALL BUSINESS

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Employment Insights

Employed- daily wages 8% Employed-Mid business 18% Employed- Small business 19% Government Servant 8% Private sector employed 40% Retired 6% Unemployed

BY FAMILY BACKGROUND

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Employment Insights

$3,125.00 $2,222.22 $2,500.00 $2,500.00 $2,000.00 $1,388.89 $2,291.67 $1,666.67 $3,125.00 $3,666.67 $4,861.11 $3,819.44 $3,333.33 $7,777.78 $3,800.00 $4,166.67 Bangalore Chennai Delhi Hyderabad Kolkata Mumbai Pune Thane Lowest Highest Average

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Impact Assessment

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Impact Assessment

2X2 model

Immediate Impact Long term Impact Youth and Career socio economic well being Manpower acquisition in the Industry cost and productivity

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Impact Assessment

Impact on youth

• Acquired skills that make the youth employable.
• Campus

to placement model providing immediate employment

• pportunities.
• Gender disparity was addressed by providing fair opportunities to

female candidates from economically weaker section of the society.

• The otherwise unskilled generic graduates getting opportunities to get

defined direction in the career

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Impact on Industry

Impact Assessment

• Get access to a pool of trained manpower for specific requirements.
• Save cost and resources that shall otherwise be spent on acquisition of

skilled manpower.

• Productive from Day one of Joining.
• Lower attrition.

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Impact Assessment - Long Term

• Empower the youth to take up jobs and widen the horizon of employment.
• Better paying job opportunities that shall lead to higher standard of living
• Socio economic growth of the youth and subsequently the family.
• Impact assessment was conducted post 30 days.
• Program not only raised the employability of the youth but also increased the

standard of living for the entire family.

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Our Journey …..

THANK NK YOU OU