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Genpact to create 'Knowledge Partnership' with IIM Udaipur

Source : The Economic Times
Aug 21, 2012

Genpact Limited has announced the signing of an agreement IIM Udaipur (IIMU) to create a 'Knowledge Partnership'.

 

Under this seven-year agreement, IIMU and Genpact will jointly develop a centre for asset-based lending and finance and an analytics laboratory which will give students the opportunity to solve real-time problems and get hands-on industry experience. Genpact will also offer summer internships to full-time students and set up a merit- based scholarship. Students who earn the post-graduate diploma in management will be eligible for full-time employment at Genpact in its banking, analytics and finance businesses.

 

This knowledge partnership aims to build a strong industry-academia connect to promote, advance and enhance intellectual and innovative capabilities in asset-based lending, finance and analytics, and expose students to global best practices. Genpact has, in the past, tied up with academic institutions in China and the US as well as India, to develop talent to cope with a changing market environment. Mohit Thukral, senior VP and business leader, banking, financial services and insurance at Genpact says: "It is paramount for the industry to work closely with educational institutions to integrate market evolution with business curriculum. This unique partnership will expose students to Genpact's cutting-edge technological expertise and will cultivate knowledge-based DNA in young leaders in fields that are expected to grow exponentially over the next decade."

 

According to Janat Shah, IIMU director, "The business landscape in the financial sector is more complex and unpredictable than ever before. To address demands of this dynamic sector we need to create a platform where industry and academia can jointly work on these concerns. The IIMU Genpact Knowledge Partnership is a timely response to these challenges. This unique partnership aims to create leaders for financial sector, advance knowledge in the field and in the process make a difference to the sector." 


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