IIT Roorkee has launched a first-of-its-kind online programme on ‘AI in Banking’

Want to make a career on artificial intelligence (AI) then here is a great opportunity for you. Indian Institute of Technology (IIT) Roorkee has launched a first-of-its-kind online programme on ‘AI in Banking’.

According to Prof. Ajit K. Chaturvedi, Director, IIT Roorkee, “Artificial Intelligence has the potential to transform banking and improve compliance. The current COVID-19 crisis coupled with growing security and privacy concerns has reinforced the need for leveraging new-age skills to tackle the emerging challenges”.

To implement artificial intelligence in the banking sector this 4-month programme, in collaboration with WileyNXT, will focus on training IT professionals and graduates. It is meant for existing as well as recently-graduated technology and finance professionals.

According to joint research conducted by the National Business Research Institute and Narrative Science, it shows that 32% of financial service providers in India as well as leading banks like SBI, HDFC, ICICI, among others have adopted AI in their system.

Actually It will offer a joint certification from WileyNXT and IIT-Roorkee. The programme will cover industry immersion classes by top business leaders to give an in-depth understanding of the role of AI in Banking and financial domains.

According to the Managing Director, Wiley India, Vikas Gupta said “There is a tremendous emphasis on automation to accelerate the development and deployment of products in the banking and finance sector. This has fuelled the demand for a digitally-enabled workforce.

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