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he Professional and Technical Skills strand of the Initiative aims to encourage education and |
training partnerships between centres of excellence in both countries which will lead to the development of innovative approaches to curriculum design and delivery in the financial services and creative industries. The PTS strand places emphasis on business involvement, encouraging student work placements and links between further and higher education institutions.
This strand is directed towards developing professional and technical skills education and training, which meets the needs of employers in financial services and creative industries. The major activities under this strand will be promoting partnerships between UK and Indian further education centres of excellence to develop collaborative projects, exchanges and work placements which |
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would help to ensure better delivery of the skills employers require. The Professional and Technical Skills strand mainly involves development of high value skills, training and education partnerships, development of specialist training staff exchanges and development and opportunities for students to take up industrial placements.
The first round of bidding was completed in October 2006, with the following three partnerships being selected after the rigorous evaluation process.
1. Indian Institute of Foreign Trade and City College, Norwich
2. Pearl Academy of Fashion and Ravensbourne College
of Design &
Communication.
3. South Delhi Polytechnic for Women and Blackburn College  |
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KPMG supports the Professional and Technical Skills Strand of the UK-India Education and Research Initiative (UKIERI) as the keystone partner of the Financial Services Skills Exchange. KPMG works with UKIERI to identify partners, training institutions and relevant sector bodies in both the UK and India, to create a three year programme of exchanges for graduates. Key areas in financial services include insurance, wealth management, merchant banking and capital markets |
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he workshop was designed to enable
the three approved partnerships from India
and the UK to develop detailed project
plans and |
begin implementation of their PTS projects. The work shop gave an opportunity to the partners to visit the Indian institutes and to share with each other their best practices, concerns, finances, tasks and financial arrangements, expected outcomes of the project. It was very interactive and was rated 'excellent' by all participants. The broad objectives of the workshop were to support further development of the approved PTS partnerships, familiarise partners with UKIERI PTS contracting, reporting and introduce UK partners to the regulatory
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educational framework in India and formulate project plans, consisting of a detailed activity and expenditure plan for year one, a risk assessment, and an outline action plan for the whole project |
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LAUNCH OF UKIERI-KPMG
REPORT IN MUMBAI IN
MAY 2007
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he UKIERI-KPMG report on 'Global Skills for
Graduates |
in financial services',
was launched during
the recent India visit
of the Lord Mayor of
the City of London. The report is the |
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output of
a bilateral research conducted by KPMG
as a part of their
contribution towards
their partnership with
the UK-India Education
and Research Initiative |
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