Recently, several prominent national media houses have published AlmaBetter's goal of training 25,000 Data Science aspirants by 2022. This is targeted towards narrowing the widening gap between Data Scientist job openings and rate of upskilling. The articles also outline how AlmaBetter has allocated large funds to facilitate students from economically underprivileged sections achieve excellence and build a career in this field.
In this blog, we bring to you the essence of the press release and elaborate on the plans mentioned therein.
AlmaBetter, founded in Sep, 2020, is an Ed-AI platform that imparts Data Science skills to students in a risk-free manner. The company targets to train 25,000 data scientist aspirants and make them industry-ready by the end of March, 2022. This is a bold promise but is an important step towards addressing the widening gap between available jobs and the rate of upskilling observed. To give more context to the readers, a recent AIMResearch revealed that there were nearly 1,40,000 job vacancies in the Data Science job market in the 2nd week of June. This is the highest number of analytics jobs advertised in India since Analytics India Magazine started its research in 2015.
With robust training that AlmaBetter provides, the company sees a big opportunity to upskill young talents and give them an edge in securing these jobs. AlmaBetter-trained graduates get hired by top brands using their hiring portal- AlmaHire. The site functions as a gateway between their job-ready candidates and 200+ hiring partners. Nearly 70% of AlmaBetter students get placed even before the completion of their program. This can be attributed to an excellently-engineered and industry-relevant curriculum that focuses heavily on the practical usage of Data Science concepts. The instructors hail from premiere institutes of the country and adopt innovative and easy-to-grasp learning methods to make learning fun.
Additionally, making education risk-free remains a non-negotiable proposition for the founders who themselves hail from very modest backgrounds. In a bid to help more young talents from economically weaker sections make their careers in the Data Science and Analytics field, the company has decided to allocate INR 2 Cr fund to provide scholarships, financial aid, and other implements required for online learning such as laptops, wi-fi connections, etc. 10% of all cohort seats will be reserved for extremely underprivileged students.
Find the links to the news story here -