Credit Bureau Cambodia (CBC) and the Royal University of Phnom Penh (RUPP) are working together to increase the number of skilled graduates in the fields of data science and analytics. The collaboration comes as RUPP launches Cambodia’s first bachelor’s degree in Data Science and Engineering.
Cambodia Investment Review has previously reported on the high demand for digital and critical thinking skills in Cambodia, especially in the banking, finance and insurance sectors.
According to RUPP the course will teach the fundamentals of database systems, the principles of database management systems and emphasizes how they are used in developing data‐intensive applications.
CBC scholarship highlights the need for more data science skills
In a virtual event it was reveled this year the “CBC Data Science and Engineering Scholarship” will be open to two Cambodian students who secure top position in the entrance test of RUPP and expresses a financial need.
Beyond full coverage of tuition fees to the scholars, CBC will also work with the Faculty of Engineering to provide industry exposures, internships, professional development training and research support for students from the Data Science and Engineering program. This is aimed at enabling students to receive ongoing industry exposure to acquire market-ready skills when they graduate.
Speaking at the event launch Chea Serey, Chairperson of CBC stated, “In this modern era where Data Science and Artificial Intelligence are key drivers of the Fourth Industrial Revolution, it is a very timely initiative from RUPP to offer this course to Cambodian students.
In our rapidly digitalizing economy, with this collaboration between CBC and RUPP, I am optimistic that the program will produce graduates equipped with skills to produce innovative solutions in IT, healthcare, telecom and finance, among others. Within the financial services sector, big data has significant potential to promote financial inclusion by developing solutions to reach the unbanked.”
RUPP is ready to educate in the digital revolution
Chet Chealy, Rector, Royal University stated at the launch: “The Royal University of Phnom Penh needs all participants from public and private institutions, to join development human resources for the country. For today’s signing ceremony, it is an example and a testament that indicates the participation of the private company (Credit Bureau Cambodia) in the production of human resources for our society.
I would like to express my sincere gratitude to Her Excellency Chea Serey, Chairwoman of the Board of Directors and Oeur Sothearoath, Chief Executive Officer, and Credit Bureau Cambodia team for their full support even during the Covid-19 pandemic to initiate this Memorandum of Understanding.
More than that, I would like to especially thank the team of the Royal University of Phnom Penh, the Office of International Relations, and the Faculty of Engineering for their hard work in organizing this auspicious event today”.
Cambodia Investment Review recently reported that one of Cambodia’s leading insurance providers Prudential Cambodia hosting an executive panel discussion for students to offer advice on how to best equip themselves for the digital workplace.
In addition, the UNDP Cambodia released a report that highlighted a lack of synergy between students, schools, and businesses that was exacerbated by limited digital infrastructure throughout the county.