The Masters Union survey found that more than 73 percent of B.Com, BBA and even MBA graduates are unable to crack entry-level finance jobs.
In India, KPMG has partnered with Gurgaon-based business school, Masters Union, to launch a 1-year part-time program in applied finance, including embedded internships, for BCom, BBA and MBA students to crack their finance jobs.
The program, which is designed by KPMG in India and will be taught exclusively by its partners and administrators, aims to improve employment and help colleges fill the gaps in their BBA, B.Com curriculum. Aimed at graduates and professionals working with 1-2 years of experience, the 12-month hybrid program includes a 6-month virtual internship with KPMG in India. As part of the course, each student will receive a 1-1 mentorship with a KPMG specialist from India, and training in tools like SAP and Power BI. The program includes industry placement, interview preparation, practical role-based workshops, boot camps, and a startup incubator. Students are eligible to apply for more than 50 available scholarships for this program.
A placement survey by Masters Union found that more than 73 percent of BCom, BBA and even MBA graduates are unable to get new finance jobs. Surprisingly, the number of top colleges in Delhi University (DU) also stands at 43 per cent. On the other hand, according to the Bureau of Labor Statistics, employment for the financial profession is expected to increase by 10 percent by 2026, introducing more than 773,800 new jobs to the market; Transforming finance, business and accounting into a high-growth industry with a record number of jobs.
The first batch of Masters Union’s flagship program, PGP-TBM has been given an average package of Rs 29.12 lakh, the highest among all Indian B-schools including IIM and ISB this year. Consulting Giant BCG, Bain & Company; Technical entities include Microsoft, Vertusa and Cisco, and a number of Indian startup masters, including RazorPay and Unacademi, are employers on campus.
The deadline to apply for the program is January 20, 2022.