Learn Earn & Pay (LEAP) The Future Of Education

In India, simply graduating from college isn’t enough to make students job-ready. This is because most college degrees don’t focus on job-based learning, hence leading to poor career outcomes for students. If you are a recent college graduate, chances are that you can relate to this sad reality. The CMIE data reveals that 37.9 per cent of the urban Indians in the age bracket from 20-24 years face unemployment.[1]

 

Need for Job-centric Upskilling

Given high unemployment rates for most freshers, there is a need for job-centric upskilling in India that trains learners and provides them job support. Currently there are a few job-centric upskilling programmes available in India for freshers but there are a few problems with them.

 

The primary problem is that learners often face financial constraints that prevent them from pursuing job-oriented certificate programmes. Even though there are options wherein learners can avail financing options, such as Income Sharing Agreements, most of them are largely limited to tech-based programmes. If you are a fresher looking to enrol in non-tech programmes, you are bound to face difficulty finding genuine financing options.

 

The Solution: LEAP by TimesPro

TimesPro is a top-notch education initiative of the Times of India group aimed at transforming professional education in India. TimesPro’s LEAP stands for Learn, Earn, And Pay. LEAP helps learners by offering them job-oriented certificate programmes that come with the guarantee of ‘No Placement, No Payment’. It is the only financing model that offers fresh and young graduates a choice of non-tech programmes across three fast-growing sectors of banking, insurance and logistics.

 

LEAP is modelled on the lines of the Income Sharing Agreement, which is a monetary arrangement that enables learners to pay for job-oriented certificate programmes by offering them multiple financing options. So, if you want to build a lucrative career in the non-tech sector by opting for certificate programmes that lead to employment outcomes, LEAP offers the best options you can find.

 

How Does LEAP Work?

It is an innovative learning enablement plan from TimesPro, designed to help learners secure their investment in our job-oriented learning programmes with the assurance and promise of “No Placement, No Payment”! LEAP is unique in both scale and scope, and offers learners a choice of plans to fund and pursue their dreams of employment and career growth.

 

There are three payment options available to learners under LEAP:

 

100% Advance Fees

This option requires you to pay the full fees of the programme in advance. Then, upon completion of the programme, TimesPro assists you with your job placement. If you get placed, no further fee needs to be paid. And if you are not placed within 6 months of course completion, then you get a refund of up to 70% of your total fees.

 

Loan through Non-Banking Financial Company (NBFC)

Under this option, you pay a non-refundable admission fee at the time of enrolment. Once you complete the course and get placed, only then you have to pay the rest of the programme fees, which is 50% of your CTC package that you pay in EMIs. If you do not get placed within six months of course completion, you don’t have to pay any further amount to the NBFC.

 

Payment Through Fixed Deposit

In this option, you pay a non-refundable Admission Fee. Then you create a third party Fixed Deposit for the balance fee amount in a nationalised bank favouring TimesPro. After course completion, when you get placed, the bank pays TPL as per the agreement. If you do not get placed within 6 months of course completion, the bank pays you back the principal amount plus interest.

 

Benefits of TimesPro’s LEAP 

TimesPro leverages its strong industry connections to create job-focused training programmes that help learners land their dream jobs. With a placement track record of 13,500+ learners across TimesPro programmes, candidates can rest assured about improved career outcomes.

 

TimesPro’s LEAP Scheme has been formulated to help fresh graduates land jobs. Under LEAP, TimesPro is invested in the student’s success which is shown by the fact that TimesPro is committed to refund payments if the learner does not find a job. By linking its growth and success to the learner’s growth and success, TimesPro commits itself to enhance the employability of the student.

 

Furthermore, even in the worst-case scenario of ‘no placement’, the students get refunded a major portion of the programme fee. At the same time, they are enriched with knowledge, exposure, experience, and soft skills that they have availed through the programme.

 

Programmes Available Under LEAP

 

Post Graduate Programme in Logistics & Supply Chain Management (PGPLSCM): The zero upfront fees postgraduate programme in logistics & supply chain management includes 4 months of industrial learning.

Certificate Programme in Insurance Sales Management (CPISM): The pay after placement certificate programme in insurance sales management involves 3 months of intensive job-focused training.

Post Graduate Diploma in Banking Management (PGDBM-XL): The highly-customised post-graduate diploma in banking management is a flagship programme that combines 4 months of classroom and experiential learning.

Click here to know more about the programmes that are covered under LEAP: https://earlycareer.timespro.com/blog/learn-earn-pay-leap-the-future-of-education/

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