The Sayajirao Gaekwad Fellowship Program

The Sayajirao Gaekwad Fellowship Program

In line with the Government of India's mission, "Start up India - Stand up India" and to be a part

of the said drive initiated by the Government of India, Bank of Baroda is proud to launch the

fellowship program, “The Sayajirao Gaekwad Fellowship Program” with the objective of

supporting young individuals desirous of setting up their own Fintech, Rural, Agri, Financial

Inclusion start-ups in due course and presently provide them with some specific experience of the

Banking/Financial industry through some live projects proposed to be undertaken by them in the Bank.

PROGRAM HIGHLIGHTS

The Fellowship will be for a period of one year and would offer an exciting opportunity to the

Fellows to gather valuable experience in banking area and thereby add value to their knowledge

and understanding of the financial world. This will also sharpen their skills in project execution

capabilities, which will be required for their start-up execution later on. Simultaneously, they will

also work on their start-up idea and start giving shape to the same during their Fellowship period

with the Bank. The Bank will provide them with the infrastructural support in developing their idea

and if required, may also provide Industry Mentors for guiding them suitably. The Bank’s projects

that may be allotted to them will be in the following areas:

· FinTech projects (including Retail, SME, Digital, Artificial Intelligence, Analytics, Distributed

Ledger)

· Rural, Agri and Financial Inclusion projects

· Other Banking & Finance projects of strategic importance to the Bank

Each Fellow would be assigned a Project Manager for the chosen project from the Bank, who would be responsible for guiding and steering the project with the chosen Fellow. The chosen Fellows would be expected to provide inputs and assist the Project Managers in discovering, validating, detailing the design and executing the specified project allotted to them. The

Fellows would also be expected to assist Product Managers in identifying target areas/verticals/markets with rigorous data and evidence backed research, and work closelywith them on platform development, operationalizing and tracking the performance of the projects and partnerships.

ELIGIBILITY CRITERIA FOR APPLYING FOR FELLOWSHIP PROGRAM

· Bachelor’s degree in engineering (any) from a premier college (IITs, IIMs, etc.) in India or abroad.

· 1-4 years relevant post qualification experience in areas of banking/ finance/ marketing/

strategy/ agriculture/ rural/ digital/ technology.

· Work experience in (Technology/ Digital Finance) entrepreneurial setup would be an added advantage

· Experience in supporting senior management in establishing partnerships and alliances

· Ability to manage multiple engagements and competing priorities in a rapidly growing, fastpaced, interactive, results-based team environment

· Excellent verbal, written (including technical writing), and presentation skills

· Demonstrated and deep analytical, research, organizational, and project management skills

· Experience in drafting reports and analyzing MIS

· Demonstrable knowledge of Java/ R/ Python/Hadoop an added advantage

· Candidates who would like to start their own entrepreneurship ventures will only be selected,

with preference given to the persons whose ideas get selected in the selection process 

REMUNERATION FOR THE FELLOWS

· A remuneration of INR 1 lakh per month would be paid as stipend, at the end of each month. No

other benefits/ facilities/ perquisites will be provided.

· Travel/ conveyance expenses as may be required for execution of the project would be

reimbursed by the Bank strictly on a case by case basis and as per actuals.

REPORTING MANAGER

Each project would be mapped to a Project Manager who would be designated by the Functional

Head sponsoring the project.

TOTAL NUMBER OF FELLOWS

The Bank proposes to select highly meritorious and enterprising candidates for awarding the

Fellowship which may range from 20-50 candidates, depending on getting the right type and

profile of candidates.

SELECTION PROCESS

The Bank shall adopt a rigorous selection process for awarding the Fellowship which includes the following:

· Initial / First level screening to short-list the candidates based upon academic and professional credentials, relevant experience, etc.

· 2nd level screening to further short-list candidates based on the entrepreneurial idea submitted.

· The short-listed candidates shall be called to present their start-up/entrepreneurship idea before a special committee of the Bank, on specified date, time and venue, which will be communicated to short-listed candidates by the Bank, separately.

· Announcement of the Selected Candidates post completion of the evaluation process, through an announcement in the print media.

· The decision of the Bank in respect of the screening / short-listing & final selection shall be solely with the Bank & no correspondence of any kind will be entertained from any applicant with regard to consideration or reasons for non-consideration of their candidature.

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