News : Rutgers University and Genpact Expand Graduate Risk Analytics Program
Eew York, NY, USA, Aug 22, 2017 -- Rutgers, The State University of New Jersey, a national research university, and Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, announced the expansion of their 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.
Posted by Veronica Silva Cusi, news correspondent
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Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
About Rutgers University:
Rutgers, The State University of New Jersey, commonly referred to as Rutgers University, Rutgers, or RU, is an American public research university and the largest institution for higher education in New Jersey.
Published: Thursday, August 24, 2017
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