An interview with Rajesh Dedhia, Founder and CFO of Vantage Data Academy
In an period the place schooling is quickly evolving, Rajesh Dedhia, Founder and CFO of Vantage Data Academy, stands on the forefront of innovation.
With a ardour for empowering learners and a imaginative and prescient to redefine academic paradigms, Rajesh has devoted his profession to creating impactful studying experiences.
On this interview, he shares insights into his journey, the challenges confronted, and the transformative initiatives that Vantage Data Academy is implementing to form the way forward for schooling.
What impressed you to ascertain Vantage Data Academy, and what’s the core mission of the institute?
Rajesh Dedhia: After finishing my BSE in Chemistry and initially dreaming of pursuing additional research in mobile biology within the US, I used to be dissatisfied by the dearth of funding choices obtainable at the moment.
Again in 1990, when the capital market was largely pushed by the Large Bull Harshad Mehta, I discovered myself drawn to the market. In 1991, I co-founded Vantage with a couple of buddies. We had been in a position to make important earnings, and by 1995, Vantage was listed on the Bombay Inventory Change (BSE).
Vantage was concerned in a variety of actions, together with stockbroking, service provider banking, funding banking, and as a registrar and switch agent, up till 2016.
We additionally had a coaching division aimed toward educating each our workers and shoppers, which grew to become a worthwhile arm of the enterprise. In 2016, Vantage was registered with the Reserve Financial institution of India (RBI) as a Non-Banking Monetary Firm (NBFC).
Nevertheless, we determined to spin off our schooling division, which led to the beginning of Vantage Data Academy in 2013. Since then, we’ve targeted on the schooling sector, persevering with to supply coaching and information growth alternatives.
Are you able to elaborate on the specialised skilled programs that Vantage Data Academy gives and the way they differ from conventional finance schooling?
Rajesh Dedhia: Whereas Vantage Data Academy additionally manages two diploma faculties acknowledged by Mumbai College, providing conventional educational packages akin to B.Com, BBS, BMS, BFM, BMM, BSc IT, and BSc CS, our major focus has all the time been on nontraditional skilled {qualifications} like CMT, CPA, and CWM.
Whereas Mumbai College gives packages like BFM, that are educational in nature, many college students who full these packages usually discover themselves confused about their future profession paths and battle with unemployment.
That is primarily as a result of lack of sensible expertise required by as we speak’s industries. At Vantage, we’ve all the time targeted on offering packages that not solely make college students employable but additionally equip them with skilled expertise, notably in fields like finance, accounting, regulation, and banking, for many who intend to pursue a profession in these sectors.
How do you make sure that the curriculum stays related to the ever-evolving finance sector?
Rajesh Dedhia: At Vantage, we guarantee our curriculum stays related to the ever-evolving finance sector by means of a multi-faceted method.
Our packages are up to date yearly, aligning with the newest {industry} calls for, a flexibility made doable by the brand new Schooling Coverage of 2020, which empowers autonomous faculties to adapt their syllabus with ease.
What challenges have you ever confronted in establishing Vantage Data Academy as a acknowledged title in finance schooling, and the way have you ever overcome them?
Rajesh Dedhia: Convincing the standard mindset of Indian academicians has been a problem for us, particularly when confronted with resistance from those that had been unwilling to embrace change.
Many of those conventional academicians have opposed the brand new Schooling Coverage 2020 and proceed to advertise outdated {qualifications} like BCom and BA, with the identical outdated syllabus and educating methodologies.
Regardless of these challenges, we efficiently launched two progressive, new-age grasp’s packages in collaboration with Mumbai College and SIES School of Commerce and Economics within the 2022-23 educational 12 months, post-COVID: the Grasp’s in World Wealth Administration and the Grasp’s in Finance and Technical Evaluation.
We’re additionally planning to introduce an extra 4 Bachelor’s and Grasp’s packages in commerce in collaboration with Mumbai College and different establishments within the upcoming educational 12 months.
How has expertise influenced the way in which Vantage Data Academy delivers its programs, particularly within the context of on-line studying?
Rajesh Dedhia: In 2024, we ventured into on-line schooling by launching www.vantagepro.app, recognizing the transformative potential of digital studying.
The way forward for on-line schooling is turning into dynamic and pushed by technological developments, altering learner preferences, and a shift in the direction of lifelong studying. This transition aligns with the rising want for extra accessible and versatile academic choices.
Schooling is more and more transferring in the direction of modular, steady world studying experiences, enabling people to upskill and adapt to the evolving job market.
As the normal schooling mannequin continues to evolve, it’s anticipated that extra alternatives will emerge for people to boost their expertise and careers, supporting lifelong studying {and professional} progress.
Does Vantage Data Academy collaborate with {industry} leaders or organizations to boost its course choices?
Rajesh Dedhia: Sure, Vantage has all the time targeted on offering skilled, industry-oriented studying. We have now established partnerships with various monetary planners, wealth managers, and technical analysts within the {industry}, and have signed MOUs for information trade.
These collaborations assist us regularly replace our syllabus to fulfill the evolving wants of the monetary sector.
Moreover, our {industry} companions supply college students internship alternatives throughout their research interval, giving them sensible expertise.
Upon profitable completion of this system, many of those companions additionally rent college students as full-time workers, additional enhancing the profession prospects of our graduates.
What developments do you foresee within the finance schooling sector, and the way is Vantage Data Academy making ready to adapt to those adjustments?
Rajesh Dedhia: The monetary schooling sector is repeatedly evolving to fulfill altering calls for, with a major shift in the direction of e-learning as a result of elevated web penetration in India.
This has made it extra handy for college students in rural areas to entry the identical monetary schooling and expertise which are usually obtainable to these in city areas.
At Vantage, we acknowledge the rising developments in finance, notably in fintech, and the rising want to include new asset courses into monetary schooling.
We have now already established a Fintech division and invested in growing on-line content material that’s set to be a game-changer.
Moreover, we see alternatives in areas like authorized literacy, behavioral finance, and blockchain/cryptocurrency schooling. The way forward for monetary schooling is turning into borderless, and we’re making ready to fulfill these world challenges head-on.
What recommendation would you give to college students who’re contemplating a profession in finance and need to select the suitable academic path?
Rajesh Dedhia: For college students contemplating a profession in finance, it’s important to develop sturdy analytical expertise, achieve hands-on expertise by means of internships, and perceive the assorted profession paths inside the {industry}.
It’s essential to concentrate on constructing each technical and gentle expertise, akin to communication and problem-solving, whereas staying up to date on {industry} developments like FinTech and blockchain. Networking and steady studying, together with certifications like CFA, are essential for profession progress.
Moreover, college students must be ready for a aggressive, fast-paced atmosphere and keep sturdy moral requirements. A proactive, growth-oriented mindset can be key to navigating and succeeding within the ever-evolving finance sector.
As we conclude our dialog with Rajesh Dedhia, it’s clear that his dedication to fostering information and innovation is unwavering.
By Vantage Data Academy, he isn’t solely addressing the present academic panorama but additionally inspiring a brand new technology of learners.
Rajesh’s insights remind us that the way forward for schooling lies in adaptability, creativity, and a relentless pursuit of excellence. His journey serves as a beacon for aspiring educators and entrepreneurs alike.
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