Paytm, the leading payments and financial services company in India, has collaborated with Manipal Academy of BFSI to launch the Paytm Fintech Young Leaders (PFYL) programme. Geared towards shaping the careers of recent graduates in the fintech industry, this 12-month initiative is a comprehensive training programme, according to an official statement.

In conjunction with Manipal Academy of BFSI, PFYL aims to ensure  a continuous learning experience for participants. The programme spans six months of classroom instruction at the Manipal Academy of BFSI, followed by an additional six months of practical, on-the-job training at Paytm. This structure aims to allow candidates to benefit from both theoretical knowledge and hands-on experience under the guidance of industry experts, the release mentioned.

“Paytm Fintech Young Leaders (PFYL) programme in partnership with Manipal Academy of BFSI ensures a fair and transparent assignment of continuous learning opportunities. This programme will help candidates to advance their careers with a cutting-edge Fintech course, and acquire the knowledge and skills to excel in the fast-growing fintech industry. Moreover, this offers an assured job on successful course completion,” Paytm, spokesperson, said.

Upon successful completion of the 12-month programme, candidates will be awarded a Post Graduate Diploma in Digital Payments and Financial Services from MAHE (Manipal Academy of Higher Education). Furthermore, they will transition into full-time roles at Paytm, encompassing both Sales and Non-Sales positions. Throughout the programme, candidates will receive a stipend, covering both the classroom and on-the-job training phases, as per the release.

Furthermore, Paytm claims to offer 100% reimbursement of the course fee to students who remain associated with the company for three years after joining.  

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Under the Manipal School of FinTech, we’ve built skilled talent pipelines for India’s top companies in the BFSI and Fintech domain, shaping their workforce. This programme will contribute significantly to both individual learner success and the nation’s employability,influencing  the future of Fintech in India,” Robin Bhowmik, chief business officer, Manipal Global Education Services, said.