NEW YORK, Aug. 22, 2017 /PRNewswire/ -- Rutgers, The State University of New Jersey, a leading national research university, and Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced the expansion of their unique curriculum program that provides graduate students with advanced analytics and research skills. Participants also receive more exposure to practical, industry knowledge to better prepare them for a risk management career.
Students in Rutgers' Financial Statistics and Risk Management (FSRM) graduate program benefit from classes developed and taught by Genpact experts in analytics, digital technology, regulatory compliance areas like anti-money laundering and other financial crimes, and risk management consulting. The holistic curriculum combines theory and practice with exposure to industry experts as guest lecturers, case studies from actual client scenarios, and hands-on workshops. By leveraging advanced analytics and technology, coupled with real-world domain expertise, Genpact and Rutgers help create a more competitive workforce with skills that reflect the business environment's increasing complexity.
Banks and financial institutions continue to face a volatile market with ever-increasing regulations. In addition, a "digital first" world has fueled a data explosion, driving demand for risk management professionals with new skills and smarter decision making to meet the needs in a changing market. In response, Genpact built its global Risk Academy that works with colleges to help develop talent and fill these skills gaps.
"Genpact provides our students with knowledge they would never attain in a traditional academic class alone," Dr. Neville O' Reilly, FSRM program deputy director, Rutgers University. "We partner together to develop a curriculum that provides more pragmatic knowledge of how the banking industry truly operates, and the instructors bring experience and understanding of risk management from their work with leading global financial institutions."
The program with Rutgers University began in 2015, and is the latest example of Genpact's expanded relationships with universities around the world. Advanced coursework added this year includes more in-depth technical topics in data analytics, financial crimes and sanctions, as well as practical skills like project management and risk consulting. This innovative joint alliance comprises a set of methodologies and applied learning based on Genpact's expertise and broad suite of analytics solutions serving numerous global financial institutions. In addition to technical and domain knowledge, courses also emphasize professional skills development.
"Genpact and Rutgers have built a broader learning platform for risk management and analytics to increase employability of market-ready professionals," said Manish Chopra, senior vice president and business leader, Global Risk Services, Genpact. "Our expertise in innovation for analytics and digital technology, combined with experience at numerous leading global banks, helps encourage new ideas between industry and academia around data-enabled decision-making in risk management."
Students completing the FSRM program earn a Master's degree in statistics focused on the analysis and modeling of financial data and risk management. They also can participate in Genpact's campus recruitment activities, conducted during both fall and spring sessions.
About Rutgers, The State University of New Jersey
Rutgers, The State University of New Jersey, is a leading national research university and the state of New Jersey's preeminent, comprehensive public institution of higher education. Established in 1766, the university is the eighth oldest higher education institution in the United States. Nearly 69,000 students and 22,000 full- and part-time faculty and staff learn, work, and serve the public at Rutgers locations across New Jersey and around the world. For additional information, visit www.rutgers.edu.
Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and industry expertise to deliver disruptive business outcomes – an approach we call Lean DigitalSM. We deliver value to our clients in two ways – through digital-led, domain-enabled solutions that drive innovation, and through intelligent operations enabled by digital that design, transform and run clients' operations. Our approach is continually refined in one of the world's largest digital process sandboxes, where we test and improve thousands of processes. For two decades, first as a General Electric division and since 2005 as an independent company, we have been passionately serving our clients. We generate impact for clients from the Fortune Global 500 and beyond, and employ over 77,000 people in more than 20 countries, with key offices in New York City, Palo Alto, London, and Delhi. For additional information, visit www.genpact.com. Follow Genpact on LinkedIn, Twitter, YouTube, and Facebook.
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