The partnership will facilitate a new set of Work-linked Degree Programs that would signal high-quality academics, high quality skill building and employer connectivity.
December 28th, 2023: TeamLease EdTech, Indian Institute of Technology Patna and NSDC signed a Memorandum of Understanding (MOU) on 26th December to mark their partnership and accelerate the development of employability-focused large-scale innovative learning programs.
This collaboration intends to provide the option of Work-linked Hybrid Degree Programs to every student who aspires to graduate from this premier institution of the country while improving their employer signaling value. The MOU between TeamLease EdTech, IIT Patna and NSDC will strengthen joint advocacy and support efforts to create an alternative format of higher education integrating high-quality formal education, skill development and employer connectivity.
These new sets of Work-linked Hybrid Degree Programs have five unique attributes:
- Learning by Doing – The students shall be offered the opportunity to intern with an employer to gain practical hands-on skills.
- Learning while Earning – Every interning student shall be able to earn a monthly stipend.
- Learning with Flexibility – The programs have been uniquely crafted to blend online learning, skills training, on-the-job training, and in-campus learning experiences.
- Learning with Modularity – The programs shall provide the option of credit mobility to the learners in due course of time.
- Learning with Employer Signalling – This new category of programs shall signal skill building alongside academic prudence.
The programs shall provide the opportunity to every learner in the country to acquire an IIT Degree along with an experience certificate from the employer. Currently graduating students shall also be able to enroll in these programs to earn their Dual Degrees.
Every student in the country will have the ability to enroll in the program through their smartphones once they have registered, which is attributable to an integrated technology platform. The enrollment for these programs shall start in the month of January 2024.
Shantanu Rooj, the CEO and Founder of TeamLease EdTech, said, “TeamLease EdTech’s sole vision is to help improve graduate employability across the country by creating accessible learning and education solutions while tackling the difficult trinity of cost, quality and scale. Through our collaboration with IIT Patna and NSDC, we are all set to launch these transformative programs that will make higher education in India more employable and purposeful”.
Prof. T. N. Singh, Director of IIT Patna, said, “ IIT Patna is taking several path-breaking initiatives to improve graduate employability in the country. Our partnership with TeamLease EdTech and NSDC will help us design, develop and deliver a new category of immersive hybrid programs that help provide the learners with high-quality academics and the necessary work-experience.”
Ved Mani Tiwari, CEO, NSDC commented, “NSDC has been taking several steps in the direction of improving employability and skill building. Our partnership with IIT Patna and TeamLease EdTech is a milestone event – this new category of work-embedded programs shall go a long way in improving the employability of the youth of the country by bringing IIT brand excellence to workplaces.”
About TeamLease EdTech – TeamLease EdTech is India’s leading learning and employability solution Services company. It helps universities launch, run and manage their own Online Programs, helps Institutes improve the employability of their students through apprenticeship programs, and helps corporates build talent supply chains.
TeamLease EdTech has an exclusive partnership with 60 of India’s largest Universities across 16 Indian states, it trains 6.5 Lakh students on their platform through 9 Indian languages and work with 1500 corporates in their upskilling/skilling initiatives. Its Digivarsity platform is India’s first multi-university Career and Degree discovery platform.
About IIT Patna – Indian Institute of Technology Patna is one of the new IITs established by an Act of the Indian Parliament on August 6, 2008. It is recognized as an Institute of National Importance by the Government of India. The Institute has developed modern facilities that are fully equipped with state-of-the-art facilities (equipment, software and machines) that are routinely used to train and educate students.
About NSDC– As the vanguard of India’s skill ecosystem, National Skill Development Corporation (NSDC) brings its significant expertise to the global arena through NSDC, a holistic approach to skill development for a global audience, set up in October 2021 as a wholly owned subsidiary of NSDC. Since its inception, NSDC has played a vital role in enabling International Workforce Mobility through strategic engagements with foreign governments, dedicated training programs, and inclusive digital and on-ground initiatives.
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