Qualco Scholarships

The MSc in Data Science is a master program that strives to connect academic knowledge and business practice.

Education is one of the strategic pillars of the Institute of Informatics and Telecommunications, NCSR Demokritos (IIT) and the continuοus support of this master program is of great significance. IIT's vision is to bring research and industry closer; to connect science with several industrial domains.

One of the initiatives undertaken towards this direction is the NCSR D–Qualco Fellowship programme.

IIT and Qualco launched the NCSR D–Qualco Fellowship programme in October 2021. This 5-year partnership aims to support research and development (R&D) projects, which include PhD and Post-Doctoral research, scholarships to MSc students, scientific projects, innovative workshops and competitions. Among the goals of the program is to help MSc students explore the FinTech (financial technology) landscape and ecosystem. Furthermore, it supports young PhD and Post doc researchers to delve into their research in the Fintech field using AI and Big Data

Scholarships to MSc in Data Science students

In the context of the NCSR D–Qualco Fellowship programme, up to 6 master-thesis scholarships will be awarded to students that have entered the master program in the academic year 2021-2022 and are about to conduct their master thesis in the upcoming semester.

Below you will find the six proposed subjects by Qualco, along with a small description.

Additionally, important information about the dates and the procedure are available below.

  Proposed subject Small description
1 Text analytics approaches to multichannel information summarisation on Fintech customers Leverage the available free-text sources of information (e.g. digital documents, emails, text messages, call centre agent comments) on customers of Fintech companies (e.g. debt servicers) to derive summarised, 360-degree views of customer history and behaviour.
2 Enhancement of text-based treatment outcome modelling in the credit sector using state-of-the-art mechanisms Straightforward, unsophisticated text-based modelling techniques have shown some promise in predictive modelling of treatment outcomes for non-performing credit. The objective of this exercise is to use more advanced techniques, including e.g. attention mechanisms, to investigate improvements in model accuracy and generalisability.
3 AI-driven optimisation of resource allocation for Fintech customer management Develop AI-driven optimisation approaches for the allocation of Fintech customers to specific resources or treatment approaches, under specific capacity and business logic constraints, and estimate their effectiveness through backtesting on data from actual (non-optimised) treatments.
4 Text-driven data exploration and report generation Use past reporting deliverables, metadata on the structure of available data, and NLP techniques to develop a plain text-driven exploration interface for credit portfolio data.
5 AI-driven early warnings of defaults on performing credit Use AI techniques and data on performing loans falling into default to identify early warning signals and build predictive models allowing preemptive treatment of high-risk customers.
6 AI-drive rehabilitation indicators for non-performing credit Use AI techniques and data on non-performing loans and their treatment to identify loans that are likely to proceed to a  mutually acceptable solution (e.g. payment arrangement), whether in the short term (e.g. offer acceptance), or in the longer term (e.g. successful resolution of the debt).

Important Dates

21.6.2022 - Presentation of the proposed subjects

until 15.07.2022, please follow the guidelines to submit all the required documents for the scholarship:

  • Choose up to 3 subjects in order of priority.
  • Enclose your CV and describe in a paragraph why you are interested in the selected topic/topics.
  • Send these documents to the master program's Secretariat per email: DataScience [at] iit.demokritos.gr (subject: Qualco%20scholarships%20%2F%20Submission%20(name))

31.08.2022 - Subject assignment

Important Info

  • The master thesis must be completed within 6 months. This is a requirement to obtain the scholarship.
  • Qualco will supervise closely the student and soon, you will be informed for the supervisor on the part of the master program.
  • Each master thesis that will be awarded, amounts to 3.000 €.