‘Study Now, Pay Later’ model of Masai School

Masai School began its operations in June 2019, in Bangalore. It also has a branch in Patna and plans to graduate more than 1000 students in the coming months. Masai School offers 6-8 month long intensive coding programs. Presently, they have courses in Android Development, Full-Stack Development and Backend Development and are planning to launch Frontend Development, Data Science, User Experience design (UX), Frontend & UI Development, Product Management and more programs over the next few months. In India, social status and financial barriers are common hurdles to access quality education. In an attempt to break this, Masai School integrated the Income Sharing Agreement (ISA) or the ‘Study Now, Pay Later’ model as a business practice. In definition, an income share agreement (or ISA) is a financial structure in which an individual or organization provides something of value (often a fixed amount of money) to a recipient who, in exchange, agrees to pay back a percentage of their income for a fixed number of years.

“Having the right skills is very crucial in developing a job-ready workforce. At Masai School, our focus is towards helping aspirants fix and better their professional portfolios by learning the right skills and experiencing holistic development as a professional ready to be hired. Through our programs, we aim to empower aspirants to build and achieve their career goals”, said Prateek Shukla, CEO & Co-founder of Masai School.

Leave a Reply

Your email address will not be published. Required fields are marked *