WileyNXT Collaborates With IIT Roorkee For The First BFSI Technology Program In India


New Delhi, Delhi, India:

  • Successfully begins second batch to train learners in the application of artificial intelligence for BFSI
  • Learners will receive a joint certification from WileyNXT and IIT Roorkee upon completion of the program


WileyNXT, Wiley’s innovative learning solution to bridge the skills gap in new and emerging technologies, in collaboration with a leading technology school in India, the Indian Institute of Technology Roorkee, launched the second Indian cohort of the program BFSI Tech. The program is unique in the Indian market as it strives to impart in-demand AI, ML, and in-depth skills to learners. Bearing in mind the skills shortage crisis in the BFSI industry, the course has been specifically designed to meet the needs of future workspaces. The program was launched with the aim of giving learners future skills, tools and techniques that go beyond current jobs.

Artificial intelligence (AI) has been a game-changer across industries and the BFSI industry has clearly seen its impact. Listening to market demand, BFSI’s industry is undergoing rapid digital transformation, resulting in an increase in new professional roles and profiles. With this rapid adoption of technology and the growing implementation of AI and machine learning, for the rapid digitization of BFSI in India, there has also emerged a definite need for a workforce ready for the to come up. The Graduate Certificate in AI for BFSI from WileyNXT and IIT Roorkee aims to prepare learners for modern organizations that seek to remain competitive and profitable with a skilled and dynamic workforce.

Commenting on the start of the second batch, Mr. Vikas Gupta, Managing Director, Wiley India mentionned, “This is the need of the hour to promote competency-based learning that meets the business goals and imperatives of futuristic organizations and workspaces. We are extremely pleased to partner with one of the leading technology institutions in India, IIT Roorkee, to offer a Specialized Certificate in AI for BFSI to learners looking to make radical changes 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. “

Dr Durga Toshniwal, Professor, Department of Computer Science and Engineering and Head – Center for Transportation Systems (CTRANS), Indian Institute of Technology, Roorkee, mentionned, “The Covid-19 pandemic has certainly accelerated the adoption and implementation of digital. Businesses across industries and verticals are eyeing 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. With the growing number of versatile, tech-driven job opportunities emerging in the industry, we are happy to facilitate much-needed skills and learning. The response from learners received by the course is encouraging and therefore we are delighted to partner with WileyNXT for this program. “

About a hundred professionals have benefited from the “AI for BFSI” program offered by WileyNXT and IIT Roorkee. The diverse cohort consists of graduates and applicants from BE, BTech, MTech, BCA, MCA and other technology programs. Technology professionals aspiring to high-growth careers at BFSI as well as candidates in finance and business with at least two years of experience are also part of this program. This is an intensive six-month action learning experience that involves immersive training, experiential projects, and end-to-end work on real business issues. All learners will be awarded a graduate certificate upon completion of the program. The next batch of the program will start in November 2021. For more information on the program, click here- https://www.wileynxt.com/iit-roorkee-ai-in-banking-finance

About WileyNXT

WileyNXT is Wiley’s innovative learning solution designed to fill the skills gap. It offers vocational learning and training programs in new and emerging technologies, which are relevant to today’s workforce. WileyNXT programs are designed by the Wiley Innovation Advisory Council (WIAC), an organization comprising over 40 leaders from industry and academia.

About Indian Institute of Technology, Roorkee

Indian Institute of Technology – Roorkee is one of the leading institutes of national significance in higher technological education and in engineering, basic and applied research. Since its inception, the Institute has played a vital role in providing the technical manpower and know-how to the country and in the pursuit of research. The Institute ranks among the best technological institutions in the world and has contributed to all sectors of technological development. He was also considered a pioneer in teaching and research in the field of science, technology and engineering. The Institute celebrated its 150th anniversary in October 1996 and has now completed more than 170 years of existence. It was converted to IIT on September 21, 2001 by an order of the Indian government declaring it as the seventh Indian Institute of Technology in the country, an “institution of national importance”. The Institute offers bachelor’s degree courses in 10 engineering and architecture disciplines and a postgraduate degree in 55 engineering, applied sciences, architecture and planning disciplines. The Institute has facilities for doctoral work in all departments and research centers. The Institute admits students to B.Tech. and B. Arch. Courses through the Joint Entrance Examination (JEE) offered at various centers all over India.

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