TO aid fresh graduates to kick start their careers, upGrad, India’s leading online higher education company, has launched a job-linked management programme. The fresh development is a part of upGrad’s Academy vertical, which brings an 18-month online post-graduate programme (PGP) in partnership with the reputed IMT Ghaziabad, followed by placement opportunities with top-notch employers, exclusively organised by upGrad. This well-structured job-linked management programme comes with post-programme placement opportunities with a starting CTC of Rs 3.6 LPA.
While unemployment is a perennial problem the country is dealing with, the effects of Covid-19 on one’s career progression and job security have only made it worse. Unemployment in India was already high at about 7.5 per cent to 8 per cent even before the lockdown came into effect, however, the latest estimate according to the Centre for Monitoring Indian Economy (CMIE) marks it at an alarming rate of 24.6 per cent. Adding to this, the extended nationwide lockdown has resulted in job cuts and unprecedented layoffs across sectors, with 27 million youth in the age group of 20-30 years losing their jobs in just April 2020, as per CMIE. According to a LinkedIn survey, a quarter of the Indian workforce (25 per cent) have reported a decrease in incomes as well.
“March-April is usually considered as the hiring and appraisals season; however, April 2020 has infamously become the layoff season. Leading firms across industries have been announcing layoffs, salary cuts, and are implementing cost-cutting measures by giving preference to retain existing employees than diving into the hiring process. This has made landing a promising job close to impossible for the next 6 months, stirring panic among graduates who haven’t even begun their careers yet. Therefore, in such crucial times, we are reaching out to college graduates in the remotest corners of India, thereby motivating them to make use of the free time to upskill and prepare themselves for a post-COVID-19 world,” said Mayank Kumar, Co-founder & MD, upGrad.
The total 18-month programme is divided into two stages- 11-months of online learning on the upGrad’s platform, followed by a seven-month paid internship with one of the hiring partners. Graduates in any discipline with minimum 50 per cent and 0-2 years of work experience can enroll, where they will get the best of online learning sessions to ensure smooth training coupled with a chance to interact with industry experts. Also, as a part of the programme structure, learners get to choose from four unique specialisations based on their career aspirations and thereby enhance their overall learning experience. With the starting CTC of 3.6 LPA, the job-linked management programme also offers a money-back guarantee wherein learners have a chance to recover a part of the total fees that they have paid. The first batch commences on June 1, 2020.
Upon completion of the online programme, learners will get certified from IMT Ghaziabad, which is consistently ranked among the Top 20 Business Schools in India, along with the placement opportunities organised by upGrad with top corporates in roles like Marketing, Human Resource, Finance, and Operations.
By constantly evolving its programme content and announcing new programmes, upGrad is striving towards becoming a virtual or e-university solving educational needs across all verticals.