National Skill Development Corporation (NSDC) and Masai School announced a strategic partnership to skill India’s youth for tech jobs through an outcome-driven skilling model. The partnership agreement was signed by the Chief Operating Officer and Officiating CEO of NSDC Ved Mani Tiwari and the Co-Founder & CEO of Masai School Prateek Shukla.
This will enable aspirants to go beyond their economic & educational background by creating a level-playing field for private-sector tech jobs through skill-based learning certified by NSDC. Masai’s Income Share Agreement has proven to be a successful model. 96% of its students are being placed with an average salary of INR 8 Lakhs Per Annum (LPA) in top Indian start-ups. Masai does not charge any upfront fees. Students only pay for their learning when they get a job that pays them INR 5 LPA or more, else they pay no tuition fee. Masai will also roll out scholarships worth INR 10 crore, the first phase of which will impact 250 aspirants.
Prateek Shukla said, “This partnership will also lend credibility to the talent coming out of Masai, opening new doors of opportunities for our students that still accord a higher value to degrees than skills.”