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Edtech Institute AlmaBetter said it has allocated funds of Rs 50 crore to launch AlmaBetter Innovarsity, an innovative autonomous institute that offers niche technical education in Data Science and AI, and Software Development fields.
AlmaBetter Innovarsity has affiliated with Woolf, USA, a global collegiate higher education institution with the same accreditation as other EU universities.
According to AlmaBetter, The Innovarsity will equip 5,000 learners with a globally recognized master’s degree in Computer Science by April 2024. Notably, Some part of the allocated funds will go towards scholarships based on merit, financial aid, and improving students’ overall learning experience.
The curriculum has been designed by the best minds from academia and the industry, keeping in mind the evolving industry needs. On program completion, learners will be credited with 90 ECTS credits, making AlmaBetter’s master’s degree in Computer Science equivalent to an MS from any US or EU institution.
AlmaBetter claims that its postgraduate programs come with a placement assurance with its network of 700+ hiring partners. The institute will offer the master’s degree in CS with an option of four specialisations, including Data Science and Data Analytics, Artificial Intelligence and Machine Learning, Software Engineering, and Cloud Computing.
The programs will allow learners to explore employment opportunities in India, the US, Europe, Canada and over 60 other countries.
This strategic partnership with Woolf marks AlmaBetter’s entry into the postgraduate education space in India.
According to a recent report by Nasscom, in the upcoming financial year alone, the new-age tech industry is predicted to add about 3 lakh employees to its credit, taking the total tally of employees to almost 5.4 million.
AlmaBetter also claimed that over the past three years it has placed over 3,000 learners in niche Data Science and Software Development roles with an impressive placement rate of 92%. Their network of hiring partners includes industry giants such as KPMG, HDFC, Myntra, Blenheim Chalcot India, JP Morgan Chase & Co., and many more.
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