Credit Suisse partners with Pune college to provide training in banking-focused IT solutions

Zurich-based financial services company Credit Suisse has partnered with Vishwakarma Institute of Technology (VIT), Pune to provide technology training in the banking sector.

As part of the agreement, Credit Suisse executives in India will teach a course titled Financial Technology to engineering students, said an official statement issued by Credit Suisse.

Credit Suisse and VIT will jointly develop the course. The training will cover finance and banking regulations, macroeconomics, basics of financial accounting, corporate finance, equity, fixed income and derivatives.  

Software development approaches such as agile methodology and test-driven development will be taught as part of the course, the statement said.

The partnership with VIT is Credit Suisse’s third such academic collaboration in India, the statement added. 

In 2017, it had partnered with Birla Institute of Technology and Science (BITS), Pilani.  The following year, Credit Suisse partnered the College of Engineering, Pune to impart academic training.

“Through our collaborations with leading Indian universities such as VIT, we are able to bring industry-relevant knowledge to students and help cultivate a future pool of talent that is able to develop innovative technology solutions to address real-life, complex business challenges. As we work towards establishing India as a leading centre of technology innovation for Credit Suisse globally, we continue to invest in building a culture of innovation and promoting excellence that helps us deliver high-value client solutions with greater efficiency,” said John Burns, head of IT India and senior franchise officer, Credit Suisse, Pune.

In July, Credit Suisse and IT industry lobby Nasscom had announced plans to support fintech startups in India through the Nasscom Industry Partnership Program (NIPP). Under this programme, fintech startups will work within a three-stage programme framework of SET (socialise, engage and transform).