KPMG in India has partnered with Gurgaon-based Business School, Masters’ Union to launch a one-year part-time programme in Applied Finance with embedded internship for BCom, BBA and MBA students to help them crack finance jobs.
The programme, which has been designed by KPMG in India and will be taught fully by its Partners and Directors, aims to improve employability and fill in the gaps left by colleges in their BBA, BCom curriculum.
Aimed at undergraduates and working professionals with 1-2 years of experience, the 12-month hybrid programme includes a 6-month virtual internship with KPMG in India. As part of the course, each student will receive 1-1 mentorship with a KPMG in India expert, & training in tools like SAP and Power BI.
The programme also includes industry placements, interview preparations, functional-role based workshops, bootcamps and a startup incubator. Students are also eligible to apply for over 50 available scholarships for this programme.
In a placement survey done by Masters’ Union, it was found that over 73% of BCom, BBA and even MBA graduates are unable to crack fresher finance jobs. Surprisingly, the number for top colleges in Delhi University (DU) also stands at 43%. On the flipside, Employment for financial occupations is expected to grow 10 per cent by 2026, introducing more than 773,800 new jobs to the marketplace, according to the Bureau of Labor Statistics; making finance, business and accounting a high growth industry with record number of jobs.
Pratham Mittal, Director, Masters’ Union said, “While the jobs in finance are growing by the day, it is concerning that fresh graduates are unable to crack them due to gaps in their learning. We are happy to partner with KPMG in India to offer a course in applied finance which will help students, fresh graduates and early-stage professionals bridge those gaps and be industry ready.”
Vijay Gogoi, Associate Partner, KPMG in India, said, “We are in the midst of an unprecedented digital disruption that is reshaping business models across industries. It is imperative for students and professionals from finance to absorb these larger business changes and learn frameworks to continue to drive value in the new ecosystem. The hands-on program will not only equip learners with the latest knowledge, tools and techniques from the world of finance but will also help them boost their professional skills including negotiation, communication and stakeholder management - aspects that will set them apart and give them an edge in their career.”
The first batch of Masters’ Union’s flagship programme, PGP-TBM has been placed at an average package of Rs 29.12 lakh, the highest among all Indian B-schools including IIMs and ISB, this year. Consulting giants BCG, Bain & Company; tech majors Microsoft, Virtusa and CISCO and several Indian startups including Razorpay and Unacademy are among the recruiters at the Masters’ Union campus.
The deadline to apply for the programme is January 20, 2022.
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