Data Science Internship Program at Axis Bank

Position:

• Role: Data Science Internship Program
• Department: Business Intelligence Unit (BIU) – Data Science
• Job Focus: High-profile team dedicated to driving data-based decisions across all banking sectors.
• Key Responsibilities: Work on real-world data science problems, apply analytical solutions, and use tools like big data, statistics, and analytics to create insights for the bank.

Company:

• Name: Axis Bank
• Sector: Private sector bank
• Employees: Over 10,001
• Headquarters: Mumbai, Maharashtra, India
• Founded: 1993
• Business Areas: Retail, corporate banking, MSME, agriculture, and virtual relationship management services.

Location:

• City: Mumbai, Maharashtra, India
• Country: India
• Workplace Type: On-site internship
• International Operations: Includes eight overseas offices with branches in Singapore, Dubai, and London.

Job Type:

• Internship Type: Full-time
• Duration: Minimum 2 months
• Applicant Type: Open to graduates or students in the fourth year of their Engineering, Economics, or Statistics programs.

Job Mode:

• Work Mode: On-site
• Workplace Location: Axis Bank’s Mumbai office.

Job Requisition ID:

• Unique Identifier: Not specified for this particular role.

Years of Experience:

• Required Experience: Not specified, but prior experience with data science tools is preferred.
• Applicant Background: Graduates or fourth-year students in Engineering, Economics, or Statistics.

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Company Description:

• Axis Bank Overview:
  • Third-largest private sector bank in India.
  • Established in 1993, the bank has expanded to cover a broad range of financial services, including retail, MSME, agriculture, and corporate banking sectors.
  • With a large domestic footprint of over 5,000 branches and 15,751 ATMs and cash recyclers across India, Axis Bank offers extensive banking services both nationally and internationally.
  • The bank has six Axis Virtual Centres staffed by 1,500 Virtual Relationship Managers as of March 31, 2023.
  • Axis Bank’s overseas operations span eight international offices, including in Singapore, Dubai, and London, focusing on areas such as corporate lending, investment banking, private wealth management, and trade finance.
  • Axis Bank is considered a pioneer among new-generation private sector banks in India, having been promoted in 1993 by a joint collaboration between institutions like Life Insurance Corporation of India (LIC) and Unit Trust of India (now SUUTI).
  • As of March 31, 2023, Axis Bank has recorded a balance sheet size of Rs. 13,17,326 crores, with a 5-year CAGR growth of 14% in Total Assets & Advances and 16% in Deposits.

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Profile Overview:

• Internship Focus:
  • The Data Science Internship Program offers a unique opportunity for candidates to work on high-profile projects within Axis Bank’s Business Intelligence Unit (BIU).
  • The BIU team is tasked with using analytics to drive business decisions across multiple banking sectors such as retail, MSME, and corporate banking.
  • Interns will work on real-life data science problems, implementing logical and scalable solutions using big data tools, analytics, and statistical models.
  • Candidates will engage with technical tools such as Python, SQL, SAS, and PySpark, and will be expected to manage and analyze large datasets to derive insights for business growth.
  • The internship allows participants to explore aspects of Natural Language Processing (NLP), computer vision, speech analytics, and deep learning algorithms, thus contributing to the research and development hub of the BIU.
  • Other responsibilities include creating dashboards, generating reports for business teams, and developing statistical models to support Axis Bank’s initiatives.
  • Regular engagement with a mentor is required, and interns are expected to present and discuss their findings periodically.

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Qualifications:

• Educational Background:
  • Candidates must either be graduates or in the final (fourth) year of their Engineering, Economics, or Statistics studies.
  • Applicants must be available to work full-time for a minimum duration of two months.
• Technical Skills:
  • Proficiency in PySpark, Python, SQL, or SAS is preferred. Certification or prior hands-on experience with these tools will be advantageous.
  • Candidates should possess strong problem-solving skills and the ability to analyze large datasets.
• Data Science Expertise:
  • Previous experience working with large datasets and delivering results under time constraints is desirable.
  • Familiarity with developing statistical models, data visualization techniques, and the ability to work with business teams to drive insights is an advantage.
• Soft Skills:
  • Strong communication skills are essential, as the role involves regular interactions with a mentor and presenting findings.
  • Teamwork and the ability to collaborate effectively across departments are also important.

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Additional Info:

• Diversity Commitment:
  • Axis Bank promotes a welcoming and inclusive work environment. Under the hashtag #ComeAsYouAre, the company encourages applications from women, members of the LGBTIQIA+ community, and Persons with Disabilities (PwD). Candidates of all ages are invited to apply.
  • The bank has a strong corporate culture that embraces diversity and promotes equal opportunities for all employees.
• Work Environment:
  • The internship program is based on-site, providing candidates the opportunity to engage closely with Axis Bank’s BIU team. Participants will be involved in hands-on projects that cover a wide range of data science applications.
  • The internship will expose participants to the diverse operations of Axis Bank, offering insights into the inner workings of a leading financial institution.
• Learning Opportunities:
  • Interns will gain exposure to a variety of financial products and services, giving them a broader understanding of the banking industry.
  • The BIU internship will also allow candidates to develop critical skills in machine learning, big data analytics, and the application of artificial intelligence (AI) to solve real-world business challenges.
• Career Progression:
  • Successful completion of the internship program may open doors to future career opportunities within Axis Bank’s data science and analytics teams.
  • Interns will have the chance to build a professional network within one of India’s largest banks, enhancing their career prospects in the finance and analytics sectors.

Please click here to apply.

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