HCL Tech, Purdue Global partner for higher education program; stock climbs ~2.5%

14 Oct 2022 , 09:19 AM

HCLTech, a renowned global technology business, and Purdue Global have established a new partnership to give HCLTech employees educational opportunities. Employees and apprentices of HCLTech in the United States will be able to take courses at Purdue Global to improve their technical abilities.

By providing job training opportunities and an education pathway for non-degreed persons, HCLTech's current Apprenticeship Program opens new career options for ambitious tech professionals. Purdue Global has joined Southern New Hampshire University (SNHU) as a preferred academic partner of HCLTech.

As part of this new collaboration, HCLTech will cover apprentices' tuition expenses for undergraduate degree programmes at Purdue Global through the Purdue Global Advantage Tuition Grant (ATG), which provides 100% tuition-paid benefits on undergraduate degree programmes, including books and course materials and resource fees.

Full-time HCLTech employees in the United States will be eligible for a 20% tuition reduction on undergraduate programmes and certificates, as well as a 14% tuition reduction on graduate degrees or certificate programmes.

The HCLTech Apprenticeship Program, which was introduced in September 2021 as part of the company's Rise at HCLTech early career and training programme, allows high school graduates without a college diploma to pursue a career in software development and testing, digital and cloud services, infrastructure delivery, and engineering.

At around 9.18 AM, HCL Technologies was trading at Rs1,006.75 per piece, up by 2.52% from its previous closing of Rs982.05 on the BSE.

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