Apprenticeship Embedded Degree Program (AEDP) in Retail
AEDP in Retail is an Apprenticeship Embedded Degree Program in Retail, curated by Academia-Industry-RASCI (AIR), launched by the Hon'ble Ministers of MSDE & MHRD. It is specifically designed for pursuing Graduates and is formalised via tri-partite MOU between AIR. AEDP is a 3 Year Apprenticeship Embedded Degree Program aligned with New Education Policy & UGC Guidelines, with guaranteed apprenticeship and stipend, from the 1st year till the 3rd year. This program assures employment, including Supervisory Level Placements on successful course completion.
The Industry
- Perennial supply of workforce
- Incubation of talent pool
- Low lateral hiring cost/ high loyalty
- Retention & NAPS benefits for 3 years
- Ensures business continuity
- Pre-screened/reference checked local youth for local jobs
- No increase in headcount/ statutory cost
The Individual
- Hands-on practical experience on latest technology and business processes with Industry
- “Learn, earn and apply simultaneously” for 3 Years
- Fast-track career growth with leading retail brands
- Graduate with Work Experience & University Degree
- Stipend - based guaranteed apprenticeship for 3 Years
- Assured employment including supervisory level post successful course completion
The Institute
- Enables ‘vocal for local’
- High success with pre-shared hiring criteria
- Resource optimization due to embedded apprenticeship at workplace
- Higher admissions for outcome-based programmes
- No additional capital investments for simulated training/lab set-up
- Enhanced reputation through higher placement-oriented outcomes
RASCI’s role in AEDP
- Curriculum design, development & enhancement with Industry - Academia inputs
- Facilitating Industry - Academia collaboration, engagement and Apprentice contracting
- Programme management through continuous improvements
- Provision of Standard Operating procedures to all the stakeholders
- Facilitating orientation sessions for learners & faculties
- Facilitation of Industry guest lectures
- Training aligned certification for trainers/ faculties on course
- Facilitating timely assessments of students for skill component (Theory & Apprenticeship)
- Transition from apprenticeship to guaranteed regular employment including supervisory level
AEDP – Journey from UG Student (Fresher) => Industry (Apprentice) => Graduate (Supervisor)
