aspiringminds Scientific Solutions for HR Decisions AN IITMITUSA

aspiringminds Scientific Solutions for HR Decisions AN IIT-MIT(USA) ALUMNI VENTURE

Table of Contents o About Aspiring Minds n Team n Current Snapshot n Clients o Aspiring Minds Assessments o Assessments at COEP, Pune n Snapshot n Demographics n College wise comparison with National Talent n Inter Stream comparison n Campus Re-Test Analysis n Job Roles and Skill Set mapping n COEP, Pune Employability Prospects o Observations

About Aspiring Minds http: //www. aspiringminds. in

Aspiring Minds Profile Team Varun Aggarwal, MS EECS, MIT, USA Himanshu Aggarwal, B Tech CSE, IIT, D o o o CTO and COO, Aspiring Minds More than 20 publications in AI and statistical pattern recognition. Co-founder of www. noragging. com & MIT India Reading Group Winner of HUMIES at GECCO 2006, Bruce Kelley Award for best article in AWA. o o o CEO, Aspiring Minds Experience in Large scale enterprise class technology development and deployment Over 8 years of technology & operational experience in the US and India. More than half a dozen US patents Aspiring Minds team is 170+ people strong, boasting of alumni of premier institutions such IIMs, IITs & NITs with dozens of years of experience at large corporate and MNCs. Board of Directors Jayant Sinha MD. Omidyar Networks Previously Partner at Mc. Kinsey Mukund Rajan Managing Partner, Tata Capital Ex MD Tata Tele Services Mumbai Sachin Kamath Chief Investment Officer, Ajit Khimji Group Qualified CA Advisory Team Prof. Tarun Khanna, Harvard Business School Dr. Una-May O’Reilly, CS & AI Lab, MIT Prof. Vijay Bhushan, Ph. D. UIUC, USA Founder MCA Program

Aspiring Minds Current Snapshot o Established in August 2007. Currently: n 170+ full time employees n Pan-India presence with 750 K+ computer based proctored tests conducted in 20+ Indian states in 2011. n Over 18000+ offers made to AMCAT assessed candidates in 2011 o Core Product IP: n AMCAT: India’s first & only Computer-based Adaptive Testing Platform n AMPI: India’s first indigenously developed personality inventory n SVAR: A fully automated spoken English evaluation tool n 30+ domain modules in AMCAT including diploma, engineering, finance streams n Assessments in multiple languages like English, Hindi, Telugu, Gujarati o Thought Leadership: n Aspiring Minds’ employability research covered by “The Economist” n Rated by Business Week as one of world’s 25 most intriguing startups. n AMCAT is recognized as India’s Largest Employability Test o Professional Board and Investors: n Omidyar Networks: US Based VC firm established by founder of e. Bay

Clients Profile & Engagement o Powering entry level recruitment for multiple large IT organizations (IT, ITe. S, KPO): n Develop standardized talent benchmarks based on AM assessments at different levels based on job success. n End to end assessment delivery and recruitment support. n Large pool of certified candidates from across the country to scalable hiring. o Working with major BFSI, Pharma, Hospitality industry in creating assessment benchmarks for recruitment. o Model adopted by large, mid-size and start up companies which see clear benefits of reach and cost. o Clients include HCL, Mphasis, Genpact, Accor, Ericsson, Sapient, Tavant, MSR and many others. 6

Aspiring Minds’ Assessments http: //www. aspiringminds. in

Good assessment instruments are scientifically designed ü Good Assessment • Clear objectives • High content quality • State of the art scientific design • Standardized û Poor Assessment • Vague objectives • Poorly managed content • Classical test design n Globally renowned assessment instruments are based on the state-of-theart Item Response Theory (IRT) n GRE, GMAT, SAT etc. n IRT has been proven to be far superior to the Classical Test Theory (CTT) in designing assessment instruments n IRT inherently solves the problems of n Content quality by statistically validating all questions before adding them to the test n Score standardization by adaptively choosing between the questions Item Response Theory (IRT) based instruments are superior to Classical instruments

AMCAT® is India’s first IRT based assessment instrument Computer Adaptive • Test automatically becomes hard or easy as per response to every question • A selection criteria, not a screening test! • The same test for an IITian and a Tier 3 student! Standardized: National Benchmark • Compare scores across years • Learnings from one year/event translate to improvement in second • Tests runs on a statistically rated question bank Integrity, Reliability and Validity • Cheating proof and leak proof • Automatically adjusts for guesses and prior knowledge • International standards of reliability and validity AMCAT is the most advanced assessment instrument in India International Standard Reliability 0. 70+ Cronbach Alpha Job success correlation 0. 3 - 0. 65

AMCAT assesses multiple dimensions with state-of -the-art assessment technology India’s first statistical adaptive assessment platform designed, developed and sampled on India’s Talent Pool Multiple Languages: English Hindi AMCAT is India’s largest employability test Telugu Gujarati Marketing Mechanical Engineering Electronics Communication Financial Services IT Infrastructure Finance and Accounting Computer Programming Computer Literacy AMPI: Personality Domain Knowledge Quantitative Skills Logical Ability English & Comprehension Aptitude

AMPI® Aspiring Minds Personality Inventory First personality tool designed and developed for an Indian Population n Based on five-factor Model of Personality n Widely Accepted Scientific Model of Personality Extraversion n Meta-Analytic Evidence for Job Conscientiousness correlation Agreeableness n Indian Contextualization Emotional Stability Openness to Exp n Situations & Cultural Aspects n Language n Carefully constructed Indian Norms Available All Job Profiles n Test Construction: Item Analytic & Factor Analytic Methods used Creativity n Cron Bach Alpha > 0. 7 for each scale Relationship n Approach: Criterion Validity Sales n Available in English, Hindi and Telugu Validated on profiles including consulting, sales, client relationship, support, across organizations.

Assessments at COEP, Pune http: //www. aspiringminds. in

Snapshot Degree of students assessed: B. Tech/B. E. Batch: 2015 Total number of students assessed: 735 Colleges Assessed: College of Engineering, Pune Test Date: August 2013 Assessment Suite Soft Skills Cognitive Skills Domain Modules English Quantitative Ability Logical Ability As per the branch

COEP, Pune Analytics http: //www. aspiringminds. in

Demographics q Maximum and minimum assessments are observed for Mechanical and Instrumentation & Control respectively.

AMCAT Mean Score Comparison with National Talent College COEP, Pune AMCAT Mean Scores (Mean National Percentile) Sample Size 735 English Logical Ability Quantitative Ability 559 (80) 539 (77) 560 (71) o Scores of candidates across all modules above national average o Highest mean score observed for Quantitative Ability module All scores are reported on a scale of 100 -900

COEP, Pune Inter-Stream Comparison Stream o o Sample Size Civil 70 Computers 82 Electrical 76 Electronics 76 Industrial & Production 68 Information Technology 82 Instrumentation & Control 38 Mechanical 166 Metallurgical 77 AMCAT Mean Scores (Mean National Percentile) English Logical Ability Quantitative Ability Domain Module 555 (79) 590 (87) 542 (75) 605 (90) 549 (77) 526 (69) 565 (82) 561 (81) 537 (73) 548 (79) 545 (79) 542 (78) 568 (85) 521 (71) 526 (73) 531 (74) 553 (81) 494 (61) 534 (63) 578 (76) 597 (81) 538 (65) 573 (75) 575 (76) 514 (57) 399 (92) 567 (93) 497 (87) 411 (86) 471 (68) 558 (91) 393 (70) 457 (73) 494 (75) Highest scores for all modules observed for Electronics apart from Domain module, wherein Computers show the highest score Maximum students assessed for Mechanical stream All scores are reported on a scale of 100 -900

Campus Re-Test Analysis Stream English Logical Ability Quantitative Ability Domain Civil 510 555 533 548 555 534 Test 2 1 398 399 Computers 572 590 566 545 642 578 562 567 Electrical 522 542 533 542 606 578 486 497 Electronics 567 605 572 568 643 597 393 411 Industrial & Production 511 549 521 551 538 430 471 Information Technology 546 526 544 526 612 538 547 558 Instrumentation & Control 531 565 541 531 597 573 411 393 Mechanical 546 561 555 553 619 575 454 457 Metallurgical 507 537 518 494 539 514 446 494 Test 1 Test 2 o Mean scores in Quantitative Ability and Logical Ability have decreased in the 2 nd attempt All scores are reported on a scale of 100 -900

Job Roles & Skill Set Mapping AMCAT Mapping Job Role Soft Skills Cognitive Skills Domain Skills IT Services Mid -- IT Product Mid High Electronics and Semiconductor Mid Mid ITe. S and BPO High Mid -- Hardware and Networking Mid Mid KPO / Analyst High Mid -- Telecom Mid Mid Software Quality Mid High Electrical/Energy & Power Mid Mid o This is based on our experience of working with companies in different sectors and the criteria they use for hiring

COEP, Pune Employability Prospects Job Role IT Services Percentage of Campus of Students Need Prospect Eligible Training 65% 35% Medium Areas of Improvement IT Product 37% 63% Medium Electronics & Semiconductor 59% 41% Medium ITe. S and BPO 89% 11% High Soft Skills, Cognitive Skills, Programming Aptitude Soft Skills, Cognitive Skills, Domain knowledge -- Hardware and Networking 89% 11% High -- KPO / Analyst 37% 63% Medium Telecom 0% 100% Low Software Quality 78% 22% High Electrical/Energy & Power 53% 47% Medium Soft Skills, Cognitive Skills, Domain knowledge -Soft Skills, Cognitive Skills, Programming Aptitude o Employability prospects of COEP, Pune are worryingly low for Telecom Role

Training Requirement Skill Set College COEP, Pune Soft Skills Cognitive Skills English Logical Ability Very Less Slight Quantitative Ability Slight Domain Slight o COEP, Pune shows less requirement of training to be offered in Soft Skills and Cognitive Skills

Observations o As compared to national talent, COEP, Pune scores are above the national mean score across all the three modules. o At the engineering branch level n Electronics stream performs better than the other analyzed streams. , apart from domain module where highest score is observed for Computer Science o Early identification of skill gaps can give sufficient time for corrective measures n For the current students, corrective steps should be taken basis the training analysis report n Assessments should be conducted again in 6 months time to check on the progress Skill gap Analysis in using AMCAT Working on weak areas basis the feedback reports – campus and candidates Use Assessments as feedback to check on improvement

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