Scholarship Winner Namankita Rana is Pursuing Bachelor’s Degree in Engineering Management and Master’s Degree in Financial Analytics, Plans Career in Data Science and Machine Learning
ATLANTA, August 6, 2018 – Liaison Technologies, a recognized leader in cloud-based integration and data management solutions, announced today that its third Data-Inspired Future Scholarship has been awarded to Stevens Institute of Technology senior, Namankita Rana. Liaison is contributing $5,000 to help the stand-out student pay for educational expenses.
Liaison’s Data-Inspired Future Scholarship is designed to encourage promising students to pursue careers in data and use the information and skills learned to positively impact our technology-driven world. Rana is simultaneously pursuing her Bachelor of Engineering degree in Engineering Management and Master of Science degree in Financial Analytics, with an expected graduation date of May 2019.
“Receiving this scholarship is truly a blessing,” said Rana. “My goal is to use data science and machine learning to provide actionable insight and benefits to a cause that is bigger than me. Whether it’s working for a humanitarian organization like the United Nations or simply looking at open source data in my free time, I see myself using data science methods to analyze data and make predictions that will achieve some good. This scholarship aligns with my goal and the way I feel about data. It also helps with the expenses of obtaining two degrees so that I can focus on the future.”
Currently, Rana is interning at Credit Suisse where she works in a data science role within Cyber Security, helping to detect serious threats. Additionally, Rana has interned in machine learning and data science at New York Life where she developed predictive models to forecast mutual fund redemption values and to predict customer behavior. She also built data visualizations for life insurance products.
“Data provides the opportunity for people to gain insights into their businesses and employees in a way that human intuition may not necessarily reveal at the outset,” said Rana. “With machine learning and all of the new automated tools becoming available for analysis, data will be used to optimize business processes and, eventually, human processes as well. There is also a social responsibility element emerging with machine learning that fascinates me. In the next few years, it will become more important to look at how we limit injecting human bias into the data we feed into our machines. Are we being responsible with the algorithms and the techniques we use? Once mastered, data will have a huge beneficial impact on businesses and organizations everywhere.”
Rana stood out as an applicant due to her impressive work experience, academic credentials and projects, leadership opportunities, and a 60-second video she created. The video discusses the importance of machine learning, highlighting Rana’s work developing machine learning models to predict the performance of a mutual fund. View Rana’s video here.
“Data is central to what we do here at Liaison, and we recognize the increasing need for data scientists and engineers to help discover new insights from data that will drive business and our society forward,” said Pamela Osborne, Liaison’s director of human resources. “Namankita understands the importance of data and how it can be used to analyze the past and predict the future. She has also achieved practical experience in data management, data science and analytics. This makes her the ideal candidate for our Data-Inspired Future Scholarship. We wish her the best in her final year of college and in her career endeavors.”
Rana has completed several academic and independent projects during her time as a student. These include building a data model to discover factors influencing student performance in secondary schools and analyzing data to explore global trends in female education and enrollment. Rana was previously the acting president of the Society of Women Engineers at Stevens Institute. She is a columnist for her college newspaper, discussing the experience of pursuing a STEM (science, technology, engineering and math) career as a female.
High school or college students who are interested in applying for next fall’s Data-Inspired Future Scholarship can submit applications by October 31, 2018. For more information on scholarship eligibility and details on how to apply, please visit liaison.opentext.com/scholarship. The winner of the next round will be notified by November 30, 2018.
About Liaison Technologies
Liaison Technologies provides integration and data management solutions to help customers unlock the power of a data-centric approach to their business. Liaison’s cloud-based approach breaks down the barriers between data silos to tap into the valuable information needed to make better decisions, faster. Tailored to solve complex data problems today while building a robust foundation for tomorrow’s unforeseen challenges, Liaison fosters a seamless flow of information securely and at scale. Founded in 2000, Liaison serves more than 7,400 customers in 46 countries, with offices in the United States, the Netherlands, Finland, Sweden, the United Kingdom and Singapore. For more information, visit http://liaison.opentext.com/ and connect with Liaison on Twitter, LinkedIn and Facebook.