Springboard 2020: Great online learning platform raises $ 31 million

Springboard 2020: Great online learning platform raises $ 31 million
Published at : 6 Aug 2020, 12:06 AM IST
Updated at : 6 Aug 2020, 3:35 PM IST

Springboard, a mentor-guided online learning platform that prepares people for in-demand careers announced that it has raised $31 million in Series B funding, bringing its total capital raised to more than $50 million.

The latest round of capital will enable Springboard to double down on student employability in response to the current job market in India and globally, by creating new hiring-focused products and strengthening employer partnerships to help graduates land their dream careers.

Admission Open in Amity for 2025
Springboard

Springboard launched India as its first geography outside the USA in 2019 and has placed its learners in Fortune 500 and world-renowned companies such as Samsung, Salesforce, Visa, LinkedIn, Cisco.

Since inception, programmes of the organisation were designed to be entirely online, yet heavily supported by human interactions with mentors and a network of career experts.

The new capital infusion will help the company further support job-seeking graduates by building several innovative tools for India and global markets.

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The innovative tools the organisation wishes to build are ‘The Hireability Forecaster’ this is a tool which provides early indications of student success and potential employability roadblocks by combining the power of predictive technology of Springboard and the insights from its global community of almost 1,000 industry mentors.

With 80% of mentors indicating they would hire their mentee, mentors and coaches will have the ability to indicate student achievement and intervene to course correct if students fall behind.

The other tool it wishes to build is ‘Springboard Introductions’ this is a tool which offers its students personalized, targeted introductions and job referrals from its community of over 13,000 mentors, alumni, fellow students and employer partners that collectively represent over 50% of the Fortune 500 across 108 countries.

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Springboard

The other tool is ‘Student-Job Fit Recommender’ this is an Artificial Intelligence (AI) driven job matching tool which recommends open roles at employer partners of Springboard that match each student’s unique background and skill set.

Co-founder of Springboard Parul Gupta said India is witnessing one of its toughest challenges owing to the recent job losses that have impacted a large section of the workforce.

It is therefore imperative for displaced workers to make the difficult transition into new, in-demand careers.

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Our remote-first, mentor-guided model is uniquely positioned to serve not only these individuals, but also universities and employers who need help navigating today’s new economic reality, said Co-founder of Springboard.

We’re delighted to partner with a great group of investors, as we continue on our mission to transform over one million lives by 2030, said Parul Gupta.

Springboard Managing Director Vivek Kumar said technology used to be a niche area but that’s no longer the case.

As more and more companies are built on tech, the need to understand concepts like Data Science, AI, ML, UI/UX has become more homogenous, said Managing Director of Springboard.

For learning to be meaningful, it needs to encompass state-of-the-art curriculum with real-world projects as well as mentorship and that is what Springboard stands for, he said.

With this funding we are in a good position to build on our strengths to provide in-demand job skills and holistic support at every step, he said.

Albert Bielinko, Principal, at Telstra Ventures said the education sector is facing a tectonic shift.

As enterprises and countries alike seek more and better talent with digital skill sets, the technology training market is set to explode, he said.

Springboard

Highly personalised approach of Springboard is built with the online learner in mind first, not as an afterthought, and offers a life-changing value proposition for Springboard’s graduates, said Albert Bielinko.

Started by co-founders Gautam Tambay and Parul Gupta in 2013, Springboard pioneered a learning model that has enabled thousands of successful career transitions into the most in-demand technology fields via its job-guaranteed programs that are taught entirely online.

Unlike most online learning companies that stop at teaching technical skills, Springboard focuses on employability, that is, about 94% of eligible graduates secure a job within a year, earning an average salary increase of $26,000.

Unique strength of Springboard is its remote-first yet human-centric approach that matches each student 1:1 with a personalized mentor—an industry professional working in their chosen field—who provides weekly feedback to keep students motivated and accountable.

This approach has resulted in 330% student enrollment growth from June 2019 to June 2020.

Furthering its commitment to student employability, Springboard is expanding its career services.

It has tripled the number of virtual apprenticeship opportunities to build portfolio-worthy content and provide real-world work experience.

The career services team has grown its career coaching capacity by 4x to provide more access to office hours, mock interviews, and a team of placement experts assigned to each student.

To provide additional support during the job search, Springboard has extended its professional mentorship after program completion.

In the coming months, Springboard plans to grow its industry-leading course offerings outside the high-tech industry to include additional skills gap disciplines.

The company will also look to deepen its partnerships with universities and employers, enabling them to adapt to evolving reskilling needs in a post-pandemic economy.

To learn more about Springboard and its programs, please visit ‘in.springboard.com/’

S.
S. Vishnu Sharma

S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.

MBA or MCom in 2025: Know Difference, Course, Fee, Eligibility and Colleges

MBA or MCom in 2025: Know Difference, Course, Fee, Eligibility and Colleges
Published at : 15 Mar 2025, 8:10 PM IST
Updated at : 15 Mar 2025, 8:10 PM IST

MBA or MCom in 2025 is all about the complete information about both the academic programs so as to help students who wish to pursue post graduation this year.

Often it is seen that students come forward with great enthusiasm to step into the realms of higher education, but confusion as to what course to study often puts a students in a fix.

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MBA or MCom in 2025

The story will deal with similarities, differences, eligibility and career prospects and so on in connection with MBA and MCom.

Details provided in MBA or MCom in 2025 are quite general in nature, they are meant for broad understanding for students about both the courses.

Those desiring to know more about MBA or MCom can browse various sources in online and offline fronts for in-depth information. Details are mentioned below for the sake of the students:

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MBA or MCom in 2025? Similarities and Differences

While both courses share some similarities, they have distinct differences in terms of their focus, curriculum, and career prospects.

Similarities

1. Postgraduate degrees: Both MBA and MCom are postgraduate degrees that require a bachelor’s degree as a prerequisite.

2. Duration: Both courses typically have a duration of two years.

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3. Theoretical and practical learning: Both courses offer a mix of theoretical and practical learning, with a focus on developing analytical, problem-solving, and communication skills.

Differences

1. Focus: MBA focuses on business management and administration, covering topics like finance, marketing, human resources, and operations. MCom, on the other hand, focuses on commerce and trade, covering topics like accounting, taxation, and financial management.

2. Curriculum: The curriculum for MBA and MCom differs significantly. MBA courses include subjects like organizational behavior, business strategy, and entrepreneurship, while MCom courses include subjects like advanced accounting, taxation laws, and financial management.

3. Career prospects: MBA graduates can pursue careers in management, consulting, finance, and entrepreneurship, among others. MCom graduates can pursue careers in accounting, taxation, financial management, and research, among others.

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4. Entrance exams: The entrance exams for MBA and MCom also differ. MBA entrance exams like CAT, XAT, and GMAT are highly competitive, while MCom entrance exams like DUET, BHU PET, and JNU CEE are relatively less competitive.

5. Specializations: MBA courses offer a range of specializations like finance, marketing, human resources, and operations, while MCom courses offer specializations like accounting, taxation, and financial management.

MBA or MCom in 2025? Consider these factors

When choosing between MBA and MCom, consider the following factors:

1. Career goals: What are your career aspirations? If you want to pursue a career in business management, MBA might be the better choice. If you want to pursue a career in commerce and trade, MCom might be the better choice.

2. Interests: What are your interests? If you’re interested in business and management, MBA might be the better choice. If you’re interested in commerce and trade, MCom might be the better choice.

3. Skills: What are your skills? If you have strong analytical and problem-solving skills, MBA might be the better choice. If you have strong numerical and accounting skills, MCom might be the better choice.

Ultimately, the choice between MBA and MCom depends on one’s individual goals, interests, and skills.

Eligibility

There is more to it than meets the eye as far as MBA or MCom in 2025 is concerned. One of them is the eligibility criteria. Who can choose what course, MBA or MCom in 2025? The answers are below:

MCom

Those deciding for go for MCom in MBA or MCom in 2025 must fulfill the eligibility mentioned below:

1. Bachelor’s degree: You must have a Bachelor’s degree in Commerce or a related field (like BCom, BBA, or BBM) from a recognized university.

2. Minimum percentage: You must have secured a minimum percentage (usually 50% to 60%) in your Bachelor’s degree.

3. Entrance exams: Some universities require you to pass entrance exams like DUET, BHU PET, or JNU CEE.

MBA

Those who want to go for MBA, in MBA or MCom in 2025 have to have the criteria specified below:

1. Bachelor’s degree: You must have a Bachelor’s degree in any discipline (like BA, BSc, BCom, BTech, etc.) from a recognized university.

2. Minimum percentage: You must have secured a minimum percentage (usually 50% to 60%) in your Bachelor’s degree.

3. Entrance exams: Most MBA programs require you to pass entrance exams like CAT, XAT, GMAT, or MAT.

4. Work experience: Some MBA programs require or prefer candidates with work experience (usually 1-2 years).

Additional Requirements

1. Language proficiency: Some universities may require you to demonstrate language proficiency in English, especially if you’re an international student.

2. Other certifications: Some MBA programs may require or prefer candidates with additional certifications like CA, CS, or CFA.

As far as the information above in connection with MBA or MCom in 2025 is concerned, the above mentioned skills can be of use in both MBA and MCom, these skills will be of added advantage for students of both the courses.

Colleges for MBA or MCom in 2025

MBA or MCom in 2025 is the topic of discussion and then question that comes into one’s mind is that what are the some of the well-known colleges for studying MBA or MCom. The answer is mentioned below:

MBA or MCom in 2025

– Mumbai University, Mumbai: Offers a comprehensive MCom program with specializations in Accounting, Finance, and Management.

– University of Madras, Chennai: One of the oldest and most prestigious universities in India, offering a well-structured MCom program.

– University of Calcutta, Kolkata: A highly respected institution with a long history of academic excellence, offering a comprehensive MCom program.

– Osmania University, Hyderabad: A renowned institution in southern India, offering a well-structured MCom program with various specializations.

Other notable colleges offering MCom programs include:

– Banaras Hindu University (BHU), Varanasi

– Aligarh Muslim University (AMU), Aligarh

– Jamia Millia Islamia, New Delhi

– Panjab University, Chandigarh

– University of Pune, Pune

These colleges offer a range of specializations, including Accounting, Finance, Management, and more.

It’s essential to research each college’s program, faculty, and placement opportunities to find the best fit for your academic and career goals.

MBA
IIMs

– IIM Ahmedabad

– IIM Bangalore

– IIM Lucknow

– IIM Indore

Non-IIMs

– Faculty of Management Studies (FMS), Delhi

– XLRI Jamshedpur

– SP Jain Institute of Management & Research (SPJIMR), Mumbai

– Management Development Institute (MDI), Gurgaon

– Indian School of Business (ISB), Hyderabad

Other notable colleges

– Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

– Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay

– Department of Management Studies (DMS), IIT Delhi

– Vinod Gupta School of Management (VGSoM), IIT Kharagpur

Fees

What else is required when it is about MBA or MCom in 2025? The fees, it is about the money one has to pay to study the course. The fees for both the courses are mentioned below for the sake of the students:

MCom

– Government Colleges: ₹1,000 to ₹5,000 per year

– Private Colleges: ₹10,000 to ₹50,000 per year

– Distance Education: ₹8,100 to ₹16,200 for the entire 2-year program

Some specific examples of MCom fees in top colleges in India are:

– Shri Ram College of Commerce: ₹50,000

– Hindu College: ₹25,800

– Hansraj College: ₹26,074

– Loyola College: ₹14,830

– Madras Christian College: ₹27,257

MBA

– IIMs: ₹17 lakh to ₹27 lakh

– Top Private Colleges: ₹10 lakh to ₹30 lakh

– Government Colleges: ₹1 lakh to ₹5 lakh

– Distance Education: ₹1.5 lakh to ₹2 lakh

Some specific examples of MBA fees in top colleges in India are:

– IIM Ahmedabad: ₹26.5 lakh

– IIM Bangalore: ₹26 lakh

– IIM Calcutta: ₹27 lakh

– XLRI Jamshedpur: ₹11.31 lakh

– FMS Delhi: ₹2.32 lakh

Keep in mind that these fees are subject to change and do not include additional expenses such as hostel fees, study materials, and other living expenses.

The fees are subject to change due to various reasons, students can visit the official websites of the institutions or can visit the institutions in person to know more about the fees.

MBA or MCom in 2025

Conclusion

MBA or MCom in 2025 are both courses with their own set of unique features, students can decided depending on their interest and career focus. A career in commerce can gets a boost on study of MCom, a career in corporate world or management world can be boosted through an MBA.

Choice between MBA or MCom in 2025 can be done considered the experience from professionals who have already proved their mettle in commerce or management sectors. Candidates also have to remember to have the required financial viability to study the courses.

Some of the institutions may be offering scholarships, candidates aiming for MBA or MCom in 2025 can also apply for these scholarships. The information can also be obtained from various online or offline sources with regards to MBA or MCom in 2025.

S.
S. Vishnu Sharma

S Vishnu Sharmaa now works with collegechalo.com in the news team. His work involves writing articles related to the education sector in India with a keen focus on higher education issues. Journalism has always been a passion for him. He has more than 10 years of enriching experience with various media organizations like Eenadu, Webdunia, News Today, Infodea. He also has a strong interest in writing about defence and railway related issues.



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