India, whose economy is driven by IT, churns out 3.1 million graduates every year to its English-speaking workforce, which means an unmatched mix of human-power benefits to organizations. Shockingly, only 25 pc of technical graduates and 15 pc of non-technical graduates are found employable in the IT sector.
Presently, the country produces 495,000 technical graduates and over 300,000 post graduates every year from 347 higher education institutions and 16,885 colleges that have total enrolment of 9.9 million students.
According to NASSCOM, it is estimated that India could face shortage of 500, 000 IT professionals by 2010. This alarming statistics could seriously threaten the country’s position in the IT segment globally. “Despite strong fundamentals (of a disproportionately large talent pool), there are growing concerns already as part of the available talent pool being unsuitable for employment owing to skill gap.”
The Engineering Services Forum attached to NASSCOM has pointed out that the engineering services resource supply, is around 575, 000 engineering graduates every year from 1400 colleges of which seven percent were employable by the IT sector. Still worse, these graduates were not equipped with relevant skill sets for the market in the engineering services segment. The engineering talent had to be product oriented, with top line impact. More so, it has to possess basic maths and engineering skills alongside domain expertise.

This development has only forced Indian IT majors and global entities to invest heavily on training new recruits. An estimated $ 10, 000 is spent on each recruit during training. Hence, for IT companies, hiring is a costly affair.

It is here that the finishing school comes into picture. It bridges the gap between the industry requirement and quality of talents graduating from colleges. A finishing school plays significant role in providing platform for students to get a thorough understanding of some of the basic requirements of IT industry.

RiiiT, India’s first IT finishing school is supported by the department of IT, BT and S&T, Government of Karnataka. The ITFS offers 12 months Post Graduate Diploma and 6 months Advanced Diploma in software programming The ITFS provides theoretical and practical insight into the ability to work in teams, communicate, possess computer skills, soft skills, problem solving techniques, knowledge of programming languages and understand the concept of working on projects.

The admission to the course can be sought through an entrance test. There will be a module level assessment in the middle of the course to evaluate skills & knowledge acquired by students.
By setting up the country’s IT finishing school in Mysore, Karnataka is leading this unique venture. The first of its kind concept is the initiative of RiiiT.
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