The young generation, who are struggling to get a job, have to face many challenges even after getting the job. In fact, there has been a lot of change in the working environment these days. Academic education alone is not enough to get a job. It has become very important today to acquire the necessary skills to achieve excellence in your profession. There is no shortage of workforce in the country, so it has become necessary to study separately for skill development instead of on-the-job training to make a mark in the job and to get a good position in the future.
Sonia Ahuja and Nikhil Barsikar closely observed the lack of skill sets in the financial services sector in their corporate careers. This shortfall gave Nikhil a glimpse of such a long-lasting business and in 2012, financial services and analytics ed-tech firm Imarticus started.
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Imarticus has trained more than 30,000 professionals in the last 5 years. The company started with 2 categories of courses on B2C platform. Pro Degree and Post Graduate Courses. The pro degree course has been designed by the company in collaboration with industry partners. In this, subjects like block chain, robotics, machine learning and advanced analytics are taught to the students.
These are the courses offered by this company
Pro degree courses include big partners like IBM, HDFC Bank, BNP Paribas, Goldman Sachs, Morgan Stanley, Aditya Birla Group, KPMG and Accenture. The company offers these short term courses in the range of Rs 50,000 to Rs 1.5 lakh. The second course made keeping in mind the employment is the post graduate course, specialization like analytics, banking, new age finance can be done in it. These are long term courses for which the company charges a fee of up to Rs 3 lakh. The company offers corporate training courses in B2B.
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Currently, Imarticus has 10 campuses across the country.
Both the founders had invested Rs 5 crore startup capital in the company. With annual growth of 200-250 per cent, the company turned profitable in a short time. Today, Imarticus has 10 campuses across the country and the company wants to take this figure to 15-18. The company has already established its foothold in markets like Dubai, Malaysia. 10-15 percent of the students on the online platform are from abroad. Focusing on this, the founders are trying to establish their hold in the global market. Along with this, the company is also working on expansion in the direction of product development. The founders are confident of taking Imarticus into the Rs 100 crore club by next year.
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