NEW DELHI: NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI) and NIIT Nguru MathLab Plus Awarded for Their Innovative Offerings NIIT, a global leader in skills and talent development, has been conferred with two prestigious awards at 'The 5th Indian Education Awards 2015' organized by Franchise India. The company won the coveted Best Vocational Institute for Banking, Finance & Insurance award for NIIT Institute of Finance Banking & Insurance Training Ltd (IFBI). The prestigious Best Innovative Learning Tool award was presented to NIIT Nguru MathLab Plus.
Referred to as Asia's biggest education show, The Indian Education Award is one of the most prestigious accolade that recognizes excellence in the education sector. The awards were presented at a glittering ceremony organised in New Delhi. The forum aims to recognize achievers and innovators, who have contributed significantly towards the excellence and growth of the education sector. The awards were presented by Pawan Agarwal, Joint Secretary, Ministry of Skill Development & Entrepreneurship, Government of India and Ritu Marya, Editor-In-Chief, Franchise India and other leading dignitaries.
Speaking on the occasion, Mr. Rahul Keshav Patwardhan, CEO, NIIT Ltd, said, "We are pleased to receive the esteemed Indian Education Awards. It gives us immense pleasure to see that our efforts continue to be recognized by the industry."
"NIIT IFBI is committed towards providing trained manpower for the BFSI industry in India. Our objective is to create a large pool of industry-ready talent, who would be offered challenging career opportunities in the sector. Our state-of the-art NIIT Nguru MathLab Plus is another initiative by NIIT to make school education more impactful, interactive and fun filled for both teachers and students. These recognitions provide a great impetus to continue our endeavour to provide best-in-class services and create new benchmarks in the education sector," added Mr. Patwardhan.
NIIT IFBI has trained over 125,000 students and working professionals in India for the banking and financial services industry, in the last eight years, and has placed its students with leading banks. IFBI's offerings are designed in the context of modern-day banking, insurance and financial services by developing competencies on four dimensions - domain, technology, application and customer-service.
MathLab Plus is a breakthrough initiative by NIIT aimed to make the vital subject of mathematics simpler, easier and fun to learn for school students. A recent NIIT MathLab Impact study , conducted by one of the big four research agencies in 184 schools across 11 states in India to understand the impact of MathLab, showed that class X students from MathLab using schools, perform distinctly better in Math at board exams than students not using MathLab. NIIT Nguru MathLab Plus has been successfully implemented in more than 1500 schools, with over 8000 teachers using the product to teach mathematics to more than 5 lakh students.
The Indian Education Awards by Franchise India consider standards, ethics and best practice at the top of their agenda. Through positive recognition of those that lead the way, these awards are seen as industry's top accolade.
Established in 1981, NIIT Limited, a global leader in skills and talent development, offers multi-disciplinary learning management and training delivery solutions to corporations, institutions, and individuals in over 40 countries. NIIT has three main lines of business across the globe - Corporate Learning Group, Skills and Careers Group, and School Learning Group.
NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania. The comprehensive suite of Managed Training Services includes custom Curriculum Design and Content Development, Learning Administration, Learning Delivery, Strategic Sourcing, Learning Technology, and Advisory Services. With a team of some of the world's finest learning professionals, NIIT is dedicated to helping customers increase the business value of learning and development (L&D). Built on the sound principles of 'Running Training like a Business', NIIT's Managed Training Services and best-in-class training processes enable customers to align business goals with L&D, reduce costs, realise measurable value, benefit from rock-solid operations, and increase business impact.
NIIT's Skills and Careers Group (SCG) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. These programs are delivered through a hybrid combination of the 'Cloud Campus' online platform, satellite-based 'Synchronous Learning Technology' and a physical network of hundreds of learning centres in India, China, and select markets in Asia & Africa. The flagship multi-disciplinary course offerings include the industry-endorsed RevGNIIT program and a set of Post Graduate Programs for students from different streams, apart from a wide range of specialist short duration programs.