COLLABORATION

Tata unlocks bountiful opportunities for Macquarie University students

SOURCE: Punit Paranjpe/AFP
India's global IT and business leader Tata Consultancy Services is partnering with Macquarie University.

Mumbai-based IT consultancy leader Tata Consultancy Services (TCS) announced a promising partnership with Macquarie University to provide finance students with valuable knowledge on the application of artificial intelligence (AI) in the financial services sector. 

This collaboration will provide practical research scholarships to postgraduate students. This gives them ample exposure to real-life global research practices, access to international conferences, and the opportunity to work on projects that involve the use of data analytics and AI in the financial services sector. 

A prime opportunity for academia-industry research that melds emerging technology and financial services, the project will be led by Macquarie University’s Director of AI-enabled Processes (AIP) Research Centre and Head of the Data Analytics Research Lab Dr Amin Beheshti in collaboration with TCS Banking and Financial Services Client Partner and head of the Data Analytics Research Lab Srini Goluguri, who is also the banking stream lead for Macquarie’s AIP Research Centre. 

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“Macquarie University highly values our partnership with TCS and we look forward to building future opportunities that will benefit our students and that will have a positive impact on society,” said Macquarie University Vice-Chancellor Professor S Bruce Dowton. 

“Partnerships with market leaders such as TCS are vital in facilitating the international exchange of ideas and innovation through research collaboration and industry networks.”

“TCS has been partnering with leading Australian companies in harnessing the power of artificial intelligence, machine learning and other emerging technologies to power their growth and transformation,” added Tata Consultancy Services Australia and New Zealand Country Head Vikram Singh. 

“Our collaboration with Macquarie University will provide further impetus to the exploration of innovation opportunities in the financial services value chain using these powerful new technologies, and help Australian industry retain its global competitiveness.”

Tata
The partnership provides finance students with a competitive edge in the industry. Source: Jeff Pachoud/AFP.

Tata Consultancy Services is part of the Tata group, India’s largest multinational business group that currently has over 446,000 of the world’s best-trained consultants across 46 countries. 

TCS offers an extensive portfolio of business, technology and engineering services and solutions to international industries and organisations across the globe. 

The partnership with Macquarie is essential as graduates from various sectors should have the know-how of how emerging technologies such as AI can be properly applied in their respective areas. 

This partnership will provide future pathways for employability for Macquarie students, including access to the Tata Global Internship Program (TGIP). 

The eight-week-long programme is open to eligible students outside of India and provides a unique opportunity and insight into the emerging economies in India. 

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This internship programme enables students to build critical business skills while working on practical projects revolving around diverse business verticals ranging from sustainability to finance, marketing to biotech engineering, design to supply chain, and much more. 

Besides learning new cross-disciplinary skills, students who are engaged with the programme will be able to take advantage of the immersive cultural experience and a chance to fortify their professional networks. 

This provides students with a real-life experience of how the industry functions and how a global organisation like Tata manages operations across its conglomerate of companies based in India that span a myriad of industries.