The Data Science industry is going through an unseen demand cycle for the trained talent because of the massive digitization across the industries. Hence, the data science skill-building courses have become one of the most popular courses in the world. With a large number of interested applicants growing recently all over the world, the premium data science course prices have increased significantly.
The prices of the premium data science courses have always been a roadblock to the meritorious students. Ivy Professional School, 2nd ranked data science school in India with 12+ years of experience in helping Fortune 500 organizations and 22,500+ learners build high impact data skills, has launched a Deep Dive in Data Science, ML and AI certification course with Income Sharing Agreement (ISA) option or “Learn Now, Pay When You Get a Job model”. In this model, the meritorious data science enthusiasts can take up the course without paying an upfront fee. They will be only eligible to pay when they get a job with a minimum CTC of between INR 4 and 15 Lakhs per annum. This course is also aligned to the competency standards developed by SSC NASSCOM in collaboration with industry and approved by the Government of India.
The industry also thinks that a program like this is the need of the hour. The CEO and founder of TheMathCompany, a leading full-stack data science solution provider with a global footprint, Sayandeb Banerjee, says, “The Data Science industry is going through an unseen demand cycle. TheMathCompany needs to be trained with full-stack data science resources to continue solving complex business problems, and hence the need of rightly designed courses for building a pool of meritorious full-stack data science talent becomes the need of the hour.”
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Why is Data Science so important in today’s world?
The multiple waves of the pandemic have made digitization mandatory for all classes of businesses. Digitization generates a huge amount of data. The companies want to use this data to make informed business decisions. Hence, the demand for the trained data science talent is increasing exponentially.
In August 2020, 9.8% of the total global job opportunities had Analytics job openings. This is an increase of 2.6% in 8 months. Interestingly, India contributed 7% of the Analytics jobs worldwide. Analytics is currently one of India’s finest full-time jobs. About 98% of the Analytics jobs in India are full-time. This not only signifies the strength of the Indian Analytics hiring market but also showcases the credibility of the upcoming job opportunities. In addition to that, Accenture, Mphasis, Cognizant Technology Solutions, Capgemini, Infosys, Tech Mahindra, Dell, IBM India, and HCL Technologies are some of the companies that provided the most number of jobs in the Analytics domain in August 2020.
Various factors make data science an important job skill in today’s world. Whether it helps you make a lot of money or provides job security, it is considered one of the most satisfying jobs today. Some of the factors that make data Science important are :
- Provides upgraded skill set: According to LinkedIn, Analytical skills are one of the essential skills for any data science-related job.
Some of those skills include:
- Data Wrangling
- Data Visualization
- Machine Learning
- Statistical Analysis
In addition to the above, it includes data-driven skills like Artificial Intelligence as well.
- Handsome pay: The popularity of data science has taken its importance to such a level that the percentage of data science professionals who earn more than 25 lacs has doubled in 2 years.
- Evolving in every sector: Healthcare, Education, or Agribusiness, there has been a huge demand for Data Scientists. With this increase in the demand for such analysts, companies are banking on them for their business by putting them at the forefront.
What is this program about, and why should one go for it?
Ivy Professional School aims to increase access to quality Data Science education in India. They not only focus on delivering outcomes but also focus on enhancing the employability options of a candidate. They have come up with employability-focused Data Science courses for all the deserving candidates via an Income Sharing Agreement. It is one of the rarest programs for those who want to boost their career in data science. In addition to that, it comes with benefits that focus on the student’s flexibility and willingness to do something better in their career.
There are various subjects in this specific program. This usually depends upon the demand of concepts, tools and technologies that companies want analysts to have their expertise on. The subjects covered in this particular program are:
- Python for Data Science
- Predictive Modeling using Machine Learning
- Artificial Intelligence & Deep Learning Essentials
- Machine Learning Cloud Deployment
- Data Visualization & Storytelling Using Tableau / PowerBI
- Advanced SQL Queries and Relational Database Management
- Automation using Excel VBA
- Dashboarding using MS-Excel
This course outline is carefully designed, keeping in mind the diversity of subjects. Moreover, these help in the understanding of a skilled Data Engineer/Data Analyst/Data Scientist. In addition to that, it includes tools that focus on concepts of data extraction, data cleaning, data processing, data visualization, and data analysis.
Kirti Seth, Co-Architect FutureSkills Prime from NASSCOM, said the following about this program, “Demand for Data Science professionals is increasing at a skyrocketing speed. In the direction of bridging the demand-supply gap, this course by Ivy Pro School is a step towards creating an army of digital talent pool with a promise of a bright future ahead. The model of aligning course fees to income earned is an innovative one that understands what learners need for professional courses. In addition, we are delighted that the course design is based on an alignment to NASSCOM’s Competency Standards, giving learners an assurance that they are learning skills that industry actually looks for when hiring candidates.”
What do you mean by the Income Sharing Agreement, and how does it work?
The Income Sharing Agreement or ‘Learn Now, Pay When You Get Job’ program allows the deserving candidates to pay the tuition of the course once they get a job with the minimum guaranteed CTC. Even after getting a job, the candidates don’t pay the entire tuition amount at once. They will pay 17.5% of their monthly salary for a maximum period of 3 years, capped at a total amount of INR 1,35,000.
This is indeed a very generous and confident step that Ivy Professional School has taken forward for the betterment of the job seekers in the Data Science / Analytics industry. Here’s how a learner can join the course:
- Sign-Up for the program and complete the three steps selection process to get selected.
- Sign the Income Sharing Agreement and set forward to complete the 24-week program with industry experts.
- Get placed as a Data Scientist/Analyst in top corporate firms with the minimum guaranteed CTC.
- Pay 17.5% of your monthly salary for up to 3 years post job capped at INR 1,35,000 + GST if you get a job paying more than the minimum guarantee CTC.
The Director and Co-founder of Ivy Professional School, Eeshani Agrawal, says, “The best way to enhance the Employability Factor is by making yourself skilled. Ivy believes that no meritorious student should be deprived of quality training just because of financial constraints. Ivy Pro School’s Deep Dive in Data Science, AI and ML course, with Pay After Placement option, Aligned to competency standards by SSC NASSCOM, developed in collaboration with Industry & Approved by Government of India, is the right fusion of multiple skills needed to become a Data Scientist.”
What do the alumni of this program have to say about it?
Listen to what their alumni Shreya Gupta has to say about the program and about Ivy Professional School. Shreya is currently working as a Business Analyst at Bridgei2i, a leading data science consulting firm. Shreya believes that disciplined learning and an extensive curriculum were one of the biggest reasons she was able to get hold of the program very well.
Who is eligible for this program?
Here are some of the eligibility criteria for this program:
- Graduates / Postgraduates / Final year students from the field of computer science, economics, statistics, mathematics, or other equivalent degrees.
- The ideal age bracket is 22-30 years.
- Should have necessary soft skills or interpersonal qualities
- Working professionals from the aforementioned streams (below 30 years of age)
If you are such an enthusiast who likes to make a difference, here’s your chance to get a kick start. Get in touch with Ivy’s amazing team, and they will be right with you for your help. They have a range of things to offer, from certifications on tools to languages and reporting. Based on the student’s profile and the career that one is looking to pursue, one can choose for themselves.
About Ivy Professional School:
Launched in 2007, Ivy Professional School is a leader in Corporate Training and is ranked among the Top 10 Data Science Schools for seven consecutive years (2014-2020). Ivy has trained 22,500+ Professionals from Honeywell, Genpact, EY, Tesco, PwC, Tata Steel, ITC Ltd., ICRA, eBay/PayPal, HSBC, Frost & Sullivan, Citibank, HDFC, Capgemini, Cognizant, etc. and elite educational institutes such as IITs, IIMs, ISI, Delhi Univ, DCE, Calcutta University, etc. Its corporate skilling wing focuses on courses in Analytics, Big Data, Tech, Organizational Behavior, & Foreign Language competencies. Ivy is also the official learning partner of reputed global companies like Accenture, Genpact, Honeywell, Tata Steel, Tesco, PwC, General Mills, Coca Cola India, ITC Limited, ICRA, ITC Infotech, Capgemini, HSBC, Cognizant, Lexmark Inc., etc.
The National Association of Software and Services Companies (NASSCOM®) is the premier trade body and chamber of commerce of the Tech industry in India and comprises over 2800-member companies, including both Indian and multinational organizations that have a presence in India. NASSCOM membership spans across the entire spectrum of the industry from start-ups to multinationals and from products to services, Global Service Centers to Engineering firms. NASSCOM membership base constitutes over 95% of the industry revenues in India and employs over 4 million professionals. NASSCOM envisions making India a global hub for Innovation and Talent, so when the world thinks Digital, the world will think India.
NASSCOM FutureSkills is an industry-driven learning ecosystem to get India accelerated on the journey to becoming the global hub for talent in emerging technologies. Announced in February 2018 by Hon’ble Prime Minister of India Shri Narendra Modi, FutureSkills ecosystem hosts high-quality learning content curated by industry and academia experts for the potential employees & students in the industry to reskill in emerging technologies and professional skills.