WileyNXT & IIT Roorkee Unite to Launch India's First BFSI Tech Program

WileyNXT, Wiley’s innovative learning solution to bridge the skill gap in new and emerging technologies, associates with a leading tech school in India, The Indian Institute of Technology Roorkee. They have initiated India’s second cohort of BFSI Tech program. The program is one-of-a-kind in Indian market as it activities to impart in-demand AI, ML and deep skills in learners. Considering the skill-gap crisis in the BFSI sector, this course has been specifically designed to cater to the requirements of the future workspaces. Thus, the program has been commenced with an aim to permit learners with future skills, tools and techniques that go beyond jobs in hand.

Commenting on the commencement of the second batch, Vikas Gupta, Managing Director, Wiley India states, “It is the need of the hour to promote skill-based learning that meets the business objectives and imperatives of the futuristic organisations and workspaces. We are extremely happy to collaborate with one of the premiere institutions of technology in India, IIT Roorkee to offer a specialized certificate in AI for BFSI to learners who are looking at making radical shifts and developments in their respective careers. At Wiley, innovation has always been the cornerstone of our business operations. We strive to prepare learners for future workplaces dominated by an agile, digital and innovative culture.”

AI has been a game-changer across industries and the BFSI sector that has clearly witnessed its impact. Accustomed to the market demand, the BFSI industry is enduring rapid digital transformation, leading to rise in new job roles and profiles. With this fast-paced adoption of technology, and growing implementation of AI and machine learning, for rapid digitization of BFSI in India, there has also obtained a definite need for future-ready workforce. The Post Graduate Certificate in AI for BFSI by WileyNXT and IIT Roorkee intends to prepare learners for modern-day organizations that are looking to remain competitive and profitable with a skilled and dynamic workforce.

Dr. Durga Toshniwal, Professor, Department of Computer Science & Engineering and Head – Centre for Transportation Systems (CTRANS), Indian Institute of Technology Roorkee, says, “The Covid-19 pandemic has certainly accelerated the digital adoption and implementation. Businesses across industries and verticals are eyeing at Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Big Data, and other modern technologies to streamline operations. Banking, Financial Services and Insurance (BFSI) is no exception here. Considering the rising number of technology-led versatile job opportunities emerging in the sector, we are happy to facilitate the much-required skills and learning. The learners’ response received by the course is heartening and hence, we are delighted to associate with WileyNXT for this program.”

Close to 100 professionals have benefited from the program ‘AI for BFSI’ delivered by WileyNXT and IIT Roorkee. The diverse cohort contains of graduates and candidates of BE, BTech, MTech, BCA, MCA and other technology programs. Furthermore, theTech professionals looking forward for a high-growth career in BFSI along with finance and business candidates with at least two years of experience are also a part of this program. It is a six-month long intensive action learning experience which involves immersive training, experiential projects and working end-to-end on real business problems. All the students would be rewarded with a Post Graduate Certificate on the successful completion of the program. The next batch of the program will start in November 2021.