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    Are you looking to kickstart a career in AI, machine learning, or fintech? With numerous opportunities on the horizon, choosing the right program can set you on a path to success. Whether you’re a high school student, a recent graduate, or a seasoned professional seeking to transition into tech, our comparative guide to top programs will help you make an informed decision.

    AWS AI & ML Scholarship Program: Your Pathway to a Fintech Job

    The AWS AI & ML Scholarship Program, in partnership with Udacity, aims to democratize access to AI and machine learning education for underserved and underrepresented students.

    This program has 2,500 scholarships available in 2024 and it is designed to equip students with the skills necessary to pursue careers in technology and fintech jobs.

    Eligibility

    • Age Requirement: Aspirants must be 16 years or older.
    • Education Level: Open to high school and college students globally.
    • Diversity Focus: Targets underserved and underrepresented groups in technology.

    Application Process

    1. Enroll in AWS DeepRacer Student: Complete two prerequisites to qualify for the scholarship.
    2. AWS Generative AI Course: Gain access to a free course covering foundational AI and ML concepts.
    3. Scholarship Awards: 2,000 scholarships for the AI Programming with Python Nanodegree.
    4. Advanced Opportunities: Top 500 scorers in an assessment get a second Nanodegree scholarship.

    What is AWS Deep Racer?

    AWS DeepRacer Student is an educational platform by Amazon Web Services (AWS) designed to teach students the fundamentals of machine learning (ML) and reinforcement learning (RL) through an interactive virtual racing league. It offers hands-on experience, learning modules, and tutorials accessible to beginners, and can be integrated into school curriculums. Students can join a global community, participate in competitions, and transfer their virtual learning to real-world applications, gaining valuable skills for future tech careers. The platform provides free access to tools and resources, making it an inclusive and practical introduction to ML and RL concepts.

    Key Dates

    • Application Period: June 1 – September 30, 2024.
    • Notification of Recipients: October 14, 2024.
    • Program Start Date: October 16, 2024.

    Benefits

    • Flexible Learning: Online, part-time courses for convenient learning.
    • In-Depth Training: Access to extensive training modules on AI and ML skills.
    • Inclusivity: Open to students globally, focusing on diversity in tech.
    • Practical Experience: Train ML models for the AWS DeepRacer Student League.
    • Support and Mentorship: Continuous technical support and mentorship from industry experts.

    Career Prospects

    Graduates have successfully transitioned into technology and fintech jobs, showcasing the program’s effectiveness in providing career opportunities.

    For more information and to apply, visit AWS AI & ML Scholarship Program.

    OpenAI Residency: Your Gateway to an AI Career

    The OpenAI Residency program offers a six-month immersive experience designed to transition talented researchers and engineers from diverse fields into AI and machine learning roles. This program is a stepping stone for those seeking to contribute to groundbreaking AI research and secure fintech jobs or other tech positions.

    Eligibility

    • Background: Suitable for individuals with expertise in fields like mathematics, physics, neuroscience, or software engineering.
    • Education: Open to those with or without formal education in AI; self-taught individuals are encouraged to apply.
    • Commitment: Must be available full-time and cannot be concurrently enrolled in academic programs.

    Application Process

    1. Submit Application: Applications are accepted on a rolling basis. Check the OpenAI careers site for updates.
    2. Interview Process: Includes multiple stages to assess technical skills and alignment with OpenAI’s research goals.

    Program Details

    • Duration: 6 months.
    • Location: San Francisco, California, with required in-office attendance at least 3 days a week. Relocation assistance is provided.
    • Salary: $210,000 annually, plus benefits.
    • Visa Sponsorship: OpenAI supports visa and work authorization for international candidates.

    Benefits

    • Hands-On Experience: Work on real AI projects with OpenAI’s research teams.
    • Mentorship: Receive guidance from experienced AI researchers.
    • Career Opportunities: Successful residents may receive full-time offers to continue their work at OpenAI.
    • Networking: Collaborate with top experts and gain exposure to cutting-edge AI research.

    Career Prospects

    The program prepares participants for high-impact roles in AI, machine learning, and fintech jobs. Alumni have successfully transitioned into influential positions, contributing to significant AI advancements.

    The OpenAI Residency is an unparalleled opportunity for individuals passionate about AI to gain essential skills and experience. This program not only opens doors to careers in AI but also provides a pathway to fintech jobs and other tech roles. Apply today to start your journey towards shaping the future of AI.

    For more information and to apply, visit OpenAI Residency.

    J.P. Morgan AI & Data Science Internship: Your Pathway to a Fintech Job

    The J.P. Morgan AI & Data Science Internship program offers students a unique opportunity to apply data science techniques to financial data, driving the transformation of J.P. Morgan’s business. This program is an excellent gateway for students aiming to secure fintech jobs.

    Eligibility

    • Education: Enrolled in an undergraduate or graduate degree program in math, sciences, engineering, computer science, or other quantitative fields.
    • Skills: Proficiency in machine learning/data science theory and programming languages such as Python, Matlab, C++, Java, or C#.

    Application Process

    1. Submit Application: Applications open periodically; check the J.P. Morgan careers site for updates.
    2. Interview Process: Multiple stages including technical assessments and interviews to evaluate skills and fit.

    Program Details

    • Teams: Interns are placed in teams like Machine Learning Centre of Excellence, AI Research, Applied AI & Machine Learning, and Asset Management.
    • Duration: Typically a summer internship.
    • Location: Various J.P. Morgan offices globally.

    Benefits

    • Hands-On Experience: Work with real-world data and cutting-edge AI techniques.
    • Mentorship: Guidance from experienced professionals and senior leaders.
    • Professional Growth: Engagement in projects, speaker series, and mentorship prepares interns for successful careers.
    • Career Opportunities: High-performing interns may receive full-time job offers.

    Career Prospects

    The internship program prepares students for impactful careers in AI, data science, and fintech jobs, contributing to J.P. Morgan’s innovation in the financial industry.

    The J.P. Morgan AI & Data Science Internship is a pivotal opportunity for students to gain essential skills and experience, paving the way for future careers in AI and fintech jobs. Apply today to start your journey with one of the leading financial institutions.

    For more information and to apply, visit J.P. Morgan AI & Data Science Opportunities.

    Comparative Table of AI & ML Programs

    FeatureAWS AI & ML ScholarshipOpenAI ResidencyJ.P. Morgan AI & Data Science Internship
    Eligibility16+ years, high school or college students, underserved groupsIndividuals with backgrounds in math, physics, neuroscience, engineeringUndergraduate or graduate students in quantitative fields
    Application PeriodJune 1 – September 30, 2024Rolling basisPeriodic, check the website
    Program Duration4 months (initial Nanodegree), additional advanced Nanodegree available6 monthsSummer internship
    LocationOnlineSan Francisco, CaliforniaVarious global locations
    BenefitsPart-time, online learning, mentorship, AWS DeepRacer participation$210,000 annual salary, benefits, mentorship, potential full-time offerHands-on experience, mentorship, professional growth, potential job offer
    Skills DevelopedAI Programming with Python, ML model trainingAI research, hands-on project workData science, AI techniques, programming
    Career OpportunitiesInternships, career roles in technologyFull-time offers at OpenAI, AI career rolesFull-time offers, fintech jobs, AI and data science roles
    SupportTechnical support, inclusive job boardRelocation assistance, visa sponsorshipMentorship from senior leaders, speaker series
    Application ProcessEnroll in AWS DeepRacer Student, complete prerequisitesSubmit application, interview processSubmit application, technical assessments, interviews

     

    Choosing the right program can significantly impact your career trajectory in AI, machine learning, or fintech. Whether you opt for the AWS AI & ML Scholarship, OpenAI Residency, or J.P. Morgan AI & Data Science Internship, each offers unique benefits and opportunities to develop critical skills and advance your career. Explore these options and take the first step toward a promising future in technology.

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    How one fintech solution provider is bringing change to the volatile housing market in the U.K.

    2024-07-03T16:08:48Z

    Pfida, an ethical fintech, has developed their system to help people purchase homes without falling into debt and without being charged interest.

    London, England, July 03, 2024 (GLOBE NEWSWIRE) -- Pfida, a fintech company pushing for social impact, has developed their system to help people purchase homes without falling into debt and without being charged interest.

    Pfida’s home financing offer is a partnership-based system in which people can purchase a home, interest free and debt free. This system has been designed to bring stability to the housing market in the United Kingdom and service the most financially excluded groups hoping to explore home ownership options. Their home finance product provides users with the ability to act as partners with Pfida by putting in a minimum of 15% deposit towards the property, which then becomes the purchaser’s equity.

    Raza Ullah, Founder and CEO of Pfida

    According to Raza Ullah, Founder and CEO of Pfida, one of the reasons that housing prices in the U.K. are so high is due to inflation in the economy caused by the constant printing of money. With the savings account offering that Pfida provides, their customers can receive competitive returns on their savings without any interest rates and earn a profit share from Pfida. This enables the company to build the capital needed to offer their home finance offerings.

    Additionally, Pfida offers several benefits to their customers such as an equity buffer feature and potential rental discounts. The fintech also gives homebuyers the ability to pay more towards the purchase of equity, all through the online dashboard and without any additional charges.

    The home financing system that Pfida has developed is intended to end the cycle of debt, which according to Raza is unavoidable when dealing with a traditional mortgage. He says the current monetary systems in place throughout the U.K. have caused mass inequality between the rich and the poor. It causes people to take on large amounts of debt and get stuck trying to pay it off, which in turn leaves them unable to save money.

    “Our business is entirely for the people, so there’s no venture capitalists or anything like that, it’s all community funded. It’s people believing in our mission and many of them have put their hard earned savings into the business to help others buy homes with no debt or interest rates,” says Raza.




    Pfida Logo

    According to Raza, one of the top priorities for Pfida is to show the world there is a more ethical and sustainable way of financing homes for people to buy. To accomplish this, Pfida strives for customer awareness about the alternative options they offer. Additionally, Pfida hopes to influence other financial institutions to adopt similar services, allowing the world to experience the positives of an equitable and fair housing market. Raza understands this requires much time and effort to bring tangible impacts, but the Pfida team is invested in doing so.

    Since Pfida is an organization focused on creating social impact, without seeking people who are looking for the highest returns on their investments. Attracting people who align themselves with the social causes that Pfida is pursuing will enable the company to raise purpose-led capital through their savings accounts.

    Coming from a financial services background, Raza had a life-changing experience in 2016. During his pilgrimage to Mecca, he had the realization that with his skillset he needed to do something for the housing market in the U.K., which he says is currently suffering from inflation and high interest rates. He gave up the current job he held and set off to help at least one or two families avoid acquiring debt when purchasing a home. The very first property that was financed through Pfida was out of Raza’s life savings, and that's a decision he doesn't regret.

    “I never could have imagined at the beginning that we would grow to a team of 42 plus, and we're expecting to be around 60 by the end of the year, and serving as many customers as we have has been one of the most rewarding experiences of my life,” says Raza. “It's all about genuinely just trying to help people into homes without that death grip of debt around their neck.”



    Media Contact

    Name: Kaynat Choudhury

    Email: [email protected]



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