Skill development-Banking and Finance sector
Program offering skill -based training to students from the underprivileged sections of society including minorities with little economic sustenance in BFSI.
Overview
Shree Ram skills center offers skill-based training to students from the underprivileged sections of society including minorities with little economic sustenance.
A major section of the youth & young adults has either not attended college or completed formal education due to their economic background. Among them a large population aspires to get trained for skills that will make them job ready.
Based on the secondary research by Shree Ram skill center, it was found that, from the various career options, a career in BFSI is quite sought after by teens and young girls as it generates employment on regular basis. Therefore, with support from the IIFL Foundation, the center designed this project to build skills of youth, particularly young girls to understand the importance of economic independence.
This is a customized program in BFSI sector, which provides internship as well as support towards campus placement to the project beneficiaries.
Highlight
The project beneficiaries are the financially underprivileged students who have traditionally faced barriers to accessing quality education. These students often lack awareness about opportunities to get trained for careers and earn a livelihood. They embody a personality that is low self-confidence and self-esteem due to their hardships. The project faced challenges to make them aware about career opportunities in the banking industry, instill confidence in them, and motivate them to stay committed to the project, at the same time highlight the importance of completing their graduation. The achievement of this project lies with the regular attendance of students, demonstrating their commitment towards getting trained for careers in BSFI and their overall personal development.
All students have shown good academic growth throughout the project along with a reasonable understanding about each financial vertical. This has positively impacted their self-confidence and college education. Improvement in public speaking skills has been observed among students thus contributing to their overall personality development and communication skills. Students' self-confidence and esteem have notably increased, reflected in their demeanor, and interpersonal skills. Overall, students have developed a strong belief in their abilities to pursue their desired job roles in industry which was lacking earlier.
The success of the BFSI project has extended beyond individual participants to the wider community. Enhanced interest levels among other students in neighborhood indicating its positive impact among young learners. By empowering underprivileged students with skills, and confidence, we are contributing to breaking the cycle of poverty and creating a more inclusive and prosperous society.
The project's success in empowering underprivileged students underscores the importance of targeted interventions to address educational disparities. Moving forward, we aim to expand our reach and continue making a meaningful impact on the lives of underprivileged students, equipping them with the tools and confidence needed to succeed in their academic and professional endeavors.
Students
30
Project location
Andheri (West), Mumbai
State
Maharashtra
Project start year
2023
Project end year
2025Process
Testimonials
- "I am glad that I joined the BFSI program at Shree Ram Skills Centre my journey has been nothing short of transformative. The program has only equipped me with the necessary skills and knowledge but also instilled in me the confidence to navigate the complexities of the finance industry. Their unwavering support and mentorship of the trainers has illuminated my path, empowering me to make a tangible difference in my career. I step forward with newfound clarity and determination, ready to embrace the opportunities and challenges that lie ahead."- Mansi Kesarwani, student.
- "As a Commerce student, this BFSI course has been a game-changer in deepening my understanding about finance. It has given me deep insights and real-world applications, bridging the gap between theory and practice. By delving into the intricacies of banking, finance, and insurance, I've gained a holistic perspective that not only enriches my academic knowledge but also equips me with the skills and confidence to pursue a career in the financial sector. This course has expanded my horizons and opened up new avenues for personal and professional growth".- Aehram Sayyed, student.
- "Our objective was to imbibe in students the importance of finance for their economic wellbeing. The program has helped us immensely in achieving this in a structured manner and has further armed students with skills-sets to make a carrier in the BFSI industry. The financial grant allocated for this program has helped us in molding raw talent into industry ready professionals".- Radhakrishnan Iyer - CEO, Shree Ram Skills Center.
- "The ability to make informed and effective decisions about the use and management of money was a trait we found missing in the youth of today particularly students from the lower strata of society. This BFSI program has given us the opportunity to empower the youth with knowledge and skills to understand various financial instruments and its application in everyday life. Career options in the banking sector is what many of our students are eagerly looking forward to".- Nirmala Jaiswal - General Manager.
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Disclaimer: Data period April 2023 to March 2024