Confidential TATA ADVANCED SYSTEMS LIMITED ‘Subject, Approval Note Ref No + HR/Aspire/20-21 ‘Approval Required Aspire Applicants Tuition Fees Date __ 11-08-2021 Background Aspire serves as the pathway for securing professional as well as personal growth of an employee in the organization by providing the opportunity to gain an educational qualification and promotion in the organization. This year also, we initiated Aspire process to provide the same opportunity and build talent pipeline for the future. We have ensured that the employees selected are provided excellent education from recognized pedagogy. Thus, we have selected XLRI & BITS Pilani for various integrated and virtual programs for our selected employees. These courses allows the employees to pursue education while contributing at their workspace, In our unit, we received application from 23 candidates who underwent a rigorous selection process over a span of approximately 2 months. The selection process consisted of a written test, Group Discussion, Assessment Centre, a technical interview and a final interview, as applicable foe respective categories. There were five (5) Aspire candidates who are selected for the various courses as follows — ‘* XLRI VIL (PGCBM Courses) = BITS Pilani (M. Tech Courses) - BITS Pilani (8. Tech Course) - 1 Candidate 1 Candidate 3 Candidates ‘The fees breakup for the entire course is — Duration of | TotalFee per student for | Total fee for program Course Noof Course entire duration of course duration (In Rs.) Students | (In Years) (in Rs.) XLRI (PGCBM 1 1 3,45,150 345,150 Course) BITS Pilani (M. 1 2 2,49,000 2,49,000 Tech course) BITS Pilani (B. 3 35 422,250 12,66,750 Tech Course) Grand Total 5 = - = bond as mentioned below ‘The AOP Budgeted for Aspire fees is 18, 60,900/- In order to ensure the retention of the selected employees they are required to sign an employment Category Bond Amount Bond Period Aspire DM/SE 400000 — 3 years Aspire Executive 385000. yearsConfidential TATA ADVANCED SYSTEMS LIMITED [ Subject Approval Note Ref No HR/Aspire/20-21. | Approval Required ‘Aspire Applicants Tuition Fees Date 11-08-2021 Recommendation The admission of the selected employees in various categories will be conducted individually. It is recommended that the semester wise fees be transferred to the respective employee account The fees will be paid in instalments as mentioned below as and when the fee payment window is applicable. Course Semester Total ast_| 2nd | ard | ath | sth | 6th | 7th 11,800 | 56,050 | 64,900 | 82,600 | 64,900 | 64,900 3,45,150 XLRI (PGCBM Course) 75,750 | $7,750 | 57,750 | $7,750 2,49,000 BITS Pilani (M.Tech Course) - 75,750 | 87,750 | 57,750 | $7,750 | 57,750 | $7,750 | 57,750 | 4,22,250 BITS Pilani (B.Tech Course) a Z Initiated by: Luu — Girish Kumar Approved by: Sridevi Chavali Dy Head Operations 2 AbhishkkShatma/ | * Ramakrishna Kodamarti AVP Pigance Location Head