FACT to gear students for lucrative jobs

In an effort to give a fresh approach to its Human Resource perspective
Singapore-based FACT Software International, a subsidiary of Kolkata-based
Vedika Software Pvt Ltd, has launched a unique initiative to tie-up with various
colleges and universities across the country. The tie-up would help students of
the education institutes to acquire knowledge of computer accountancy and hence
be better equipped for jobs once they finish their graduation courses.

The partnership, which began in May 2005 when FACT Software tied-up with
Singapore Management University (SMU) for a strong internship program where the
former recruited 19 interns in different streams like IT, Economics, Accounts
and Business Management from the institute.

Encouraged by the fabulous result the company also hired six fresh graduates
in recent times and is looking forward to hiring more. "This type of
initiative is common for big MNCs. But for a small company like us this is quite
an innovative approach," said Arvind Agarwalla, CEO, FACT Software.

"Being an era of technicality students should be technically geared to
get a good job," added Agarwalla. With this motive and the success of the
recent tie-up with SMU, FACT Software is looking forward to engaging itself in
similar activities in India.

In India the company has already tied up with IISWBM (Indian Institute of
Social Welfare and Business Management), Kolkata. In their joint effort the
management school will offer its students a course on FACT and also internship
program. The faculty is being trained by FACT Software and the first batch of
students are expected in November.

Targeting mainly the Accountancy, Finance and Business Management students
the company is already going through talk process with several leading commerce
colleges and universities in Kolkata, Hyderabad, Delhi, Chennai and Mumbai.

Agarwalla also foresees an active participation from private computer
accountancy training institutes. "We are looking at training private
institutes so that they can help in the delivery process as it is difficult for
us to go to every corner of the country and provide training to the
faculty."

DQW News Bureau

Kolkata