“Sage Foundation Announces Scholarships for Underprivileged Youth in Collaboration with Thadomal Shahani Centre for Management”

Mumbai : Shahani Academic and Global Empowerment Foundation (SAGE Foundation), the CSR arm of the Shahani Group, in partnership with Thadomal Shahani Centre for Management (TSCFM), a leading B-School which is part of the Shahani Group of institutions, has announced 75 scholarships to young, underprivileged people on the occasion of International Youth Day 2022. The scholarships will be offered to meritorious candidates from Mumbai and Pune who can then enrol for TSCFM’s flagship  Professional Diploma in Banking, Financial Services & Insurance program (PDBFS) program.

Candidates between the ages of 19 to 26 years are eligible to apply for the scholarship, for which they should send an email to csr1@shahanigroup.com or call on +91 9172293842.  Applicants should possess a graduate degree from a recognized institute.

Commenting on the scholarship, Maya Shahani, Chairperson, SAGE Foundation and Thadomal Shahani Centre for Management, said, “The SAGE Foundation has always been dedicated to empowering India’s underprivileged youth. We want to help with their welfare and ensure that they have access to a good education, and have the opportunity to develop their skills and boost their employability. This is critical for a country such as India where, out of the 13 million people joining its workforce each year, only one in four management professionals, and one in 10 graduates are employable, according to the World Economic Forum. Moreover, the Covid-19 pandemic has increased youth unemployment rates in India, leading to nearly 74% of young people in the age group of 18-23 without access to higher education due to reasons such as lack of funds. Thus, our hope on this International Youth Day is to help address this employability problem in the best way that we can.

The initiative is in line with the theme for International Youth Day this year, i.e. Intergenerational Solidarity: Creating a World for All Ages. The scholarships will facilitate a better future for those underprivileged youth trying to develop the right skills and find suitable jobs, by helping them access educational and skill-building opportunities, eventually reducing poverty for their future generations as well. Furthermore, the Thadomal Shahani Centre for Management will also offer support to the students in terms of grooming and preparation for recruitment interviews.

The Professional Diploma in Banking, Financial Services & Insurance is a 3-month program, with a curriculum developed by industry experts that equips candidates with the right skills to meet evolving industry demands. Upon successful completion of the program, candidates receive two qualifications – Certificate in Business English and Professional Diploma in Banking, Financial Services & Insurance from Thadomal Shahani Centre for Management.

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