/24-7PressRelease/ - NEW DELHI, INDIA, June 20, 2008 - Institute of Computer and Finance executives (ICFe) sets up Regional Operations at Lucknow
o Announces plans to invest Rs.50 crore in the next three years in UP
o To open 100 new ICFe centres in UP in the next 2-3 years
Nexgen Edusolutions Private Limited, owner of the Institute of Computer and Finance executives (ICFe) brand, today formally announced the beginning of their Regional Operations at Lucknow. ICFe imparts training in the fields of Accounting, Banking, Insurance and Financial Services. ICFe already has 45 centres running in the states of Haryana, Punjab, Himachal Pradesh, Uttranchal and the NCR region.
The Regional Centre is spread over 3600 sq. ft. at Hazratganj, in the heart of Lucknow, and will also house a company owned, state-of-the-art ICFe training centre.
The operations of the company at Lucknow were formally inaugurated by the Honourable Minister for Higher Education, UP Government, Mr. Rakesh Dhar Tripathi. The Minister lauded the efforts of ICFe in setting up its operations in UP to impart job oriented skills to the youth of the state in order to generate employment amongst the educated.
Speaking on the occasion Mr. Santosh Mangal, Managing Director, ICFe said "Uttar Pradesh is very close to our hearts. There was a time when UP was at the forefront of Indian Economy in the 1970's but today the state lags behind others. We at ICFe believe that the time is ripe for UP to occupy the centre-stage again. It is our humble effort to bring quality education to the masses of UP, which will equip the youth with job based skills and provide employment opportunities".
ICFe is also exploring the Public Private Partnership route to impart job oriented training at the school curriculum level so that the students have more practical knowledge and are better equipped to handle real life situations when they come out of school. For this Nexgen Edusolutions has initiated talks with a number of state governments.
ICFe has tied up with four Industry leaders as Strategic Consultants for bringing the best quality education to its students. The four Strategic Consultants are IIM Lucknow, National Institute of Financial Management (NIFM), Faridabad, BBC Active through its Indian partner Liqvid and HCL Infosystems.
With IIM Lucknow, the main purpose of the consulting assignment is to analyze gaps between the existing course curriculum and the course curriculum needed for imparting skill sets required by the targeted recruiter in the Finance sector, and suggest appropriate changes. For this IIM Lucknow will review the course curriculum, interact with leading professionals from the sector to understand their requirements and then present their comments for updating the courses.
NIFM will help ICFe retain its cutting edge, by training the faculty in finance and accountancy. NIFM will hone the unique teaching methodology developed by ICFe in order to reach out to a larger mass and will focus on the effective combination of instructor led theoretical training and guided practice.
HCL Infosystems will help create and maintain the IT backbone of the company. Each new ICFe centre will have the infrastructure from HCL Infosystems and the service and support for hardware, software & networking will be taken care of by HCL.
One of the major problems faced by any semi skilled professional, in today's world is the lack of communication skills which impede their progress up the corporate ladder. To ensure that ICFe students are well turned out and gain that extra edge, ICFe is tying up with Liqvid, which has created the English offering, English Edge in association with BBC Activ.
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