APPLIED AI INTERNSHIP
Official Partnership
PYTHON • AI • ML • LLM • GENAI • DATA ANALYTICS

Applied AI & Python Development Internship

A project-driven programme that takes students from Python foundations to data analysis, machine learning, LLM integration and interactive AI applications — ending with an industry-style Banking Fraud Detection & Risk Explanation Dashboard.

Python NumPy Pandas Matplotlib Plotly Scikit-Learn LLMs Gemini PyTorch Huggingface Prompt Engineering
2Weeks
10Days
15hGuided Learning
15hProject Lab
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LEARN → BUILD → INTEGRATE → SHOWCASE

30 hours designed around doing, not just listening.

Every concept moves into code, visualization or an AI application. Students progressively build the components used in the final capstone.

01
Py

Python Foundations

Syntax, data structures, functions, modules, exceptions, file/JSON handling and reusable code.

02
▥

Data + Visualization

NumPy, Pandas, Matplotlib and Plotly for cleaning, exploring and communicating transaction data.

03
ƒ

ML / AI Algorithms

Classification, trees, ensembles, anomaly detection, model evaluation and risk thresholds.

04
✦

LLM + AI UI

Prompt engineering, structured output and Gradio interfaces that explain and visualize AI decisions.

2-WEEK CURRICULUM

From Python code to an explainable AI application.

A compact syllabus with enough depth to understand the technology stack and enough project time to use it.

WEEK 01

Python + Data + Machine Learning

Days 1–5
01Python FoundationsVariables, data types, operators, input/output, strings, lists, tuples, dictionaries, sets
02Programming Logicif/elif/else, for/while, functions, parameters, return values, scope, exceptions
03Python Packages & DataNumPy arrays, Pandas Series/DataFrames, CSV/JSON, filtering, grouping, missing values
04Data VisualizationMatplotlib & Plotly: distributions, trends, correlations, category comparisons, risk charts
05Machine Learning FundamentalsFeatures/labels, train-test split, preprocessing, classification, anomaly detection, evaluation
WEEK 02

LLMs + UI + Applied AI Project

Days 6–10
06ML Algorithms in PracticeLogistic Regression, KNN, Decision Tree, Random Forest, Isolation Forest + model comparison
07LLMs & Prompt EngineeringTokens, context, roles, zero/few-shot prompting, structured JSON output, hallucinations
08Mini AI ApplicationsAI Learning Assistant + AI Resume Analyzer using reusable prompt and Python patterns
09Gradio UI + IntegrationInputs, outputs, layouts, events, charts, model calls, validation and error handling
10Capstone Build & ShowcaseFraud scoring, explanation layer, dashboard integration, testing, documentation and demo
TECH STACK

Tools students will actually use.

The curriculum is intentionally application-focused: each library exists because it helps students build, analyze, model or present something.

PY

Python Core

Variables • Collections • Loops • Functions • Modules • Exceptions • OOP basics • File handling • JSON

NP

NumPy

ndarray • shape • slicing • vectorized operations • numerical features • aggregation

PD

Pandas

DataFrame • read_csv • filtering • groupby • merge • missing values • feature preparation

VIZ

Visualization

Matplotlib • Plotly • histograms • bar charts • line charts • scatter plots • dashboards

ML

scikit-learn

preprocessing • train_test_split • models • predict_proba • metrics • feature importance

AI

LLM + Gradio

Prompt templates • structured output • API integration • interactive forms • data + AI UI

ML / AI ALGORITHMS

Students learn why different algorithms behave differently.

The goal is not memorizing formulas — it is learning how to choose, train, evaluate and explain models for a real problem.

σ

Logistic Regression

Probability-based binary classification and a clean baseline for fraud prediction.

Supervised • Classification
K

K-Nearest Neighbors

Distance-based learning that makes feature scaling and similarity intuitive.

Supervised • Classification
Y

Decision Tree

Human-readable rules, splits, impurity and overfitting — ideal for explaining decisions.

Supervised • Tree Model
♣

Random Forest

Ensemble learning, feature importance and stronger generalization for tabular risk data.

Supervised • Ensemble
◎

Isolation Forest

Detect unusual transactions without requiring every anomaly to be pre-labelled.

Unsupervised • Anomaly Detection
Kμ

K-Means

Clustering as a way to discover behavioural groups and compare transactions to peers.

Unsupervised • Clustering
Model EvaluationConfusion MatrixPrecisionRecallF1 ScoreROC-AUCThreshold TuningClass Imbalance
MINI PROJECTS

Build confidence before the final capstone.

Two smaller GenAI applications teach prompt design, Python integration and interface development before students combine the full stack.

MINI PROJECT 01
Aa

AI Learning Assistant

Generate explanations, key points, MCQs, answers and revision notes from a topic, learner level and difficulty.

Topic→Prompt→LLM→Structured Lesson→Gradio UI
Skills: functions • prompt templates • JSON • LLM API • UI inputs/outputs
MINI PROJECT 02
CV

AI Resume Analyzer

Analyze a student resume against a target role and generate strengths, missing skills, interview questions and a learning roadmap.

Resume→Role→LLM→Skill Gap→Action Plan
Skills: text processing • prompt constraints • structured response • responsible AI
FINAL CAPSTONE

AI-Powered Banking Fraud Detection & Risk Explanation Dashboard

Students combine Python, data processing, visualization, machine learning, anomaly detection, LLM explanations and an interactive UI into one portfolio-ready application.

01Transaction DataCSV / DataFrame
→
02Feature EngineeringAmount • device • time • location
→
03ML Risk ModelClassification + anomaly score
→
04LLM ExplanationHuman-readable reasoning
→
05Gradio DashboardRisk + charts + action
Responsible AISynthetic/anonymized data, no real customer data
ExplainabilityModel scores are separated from LLM-generated narrative
Portfolio OutputWorking app + GitHub repo + README + final demo
Transaction MonitorIllustrative project UI
● MODEL ONLINE
TOTAL TXNS1,248
FLAGGED38
HIGH RISK12
IDAmountSignalRisk
#TX9821₹84,500New deviceHigh
#TX9822₹2,180NormalLow
#TX9823₹41,000Geo shiftMedium
#TX9824₹96,300Odd hourHigh
INTERNSHIP OUTCOMES

Students finish with demonstrable skills.

✓

Write structured Python programs and work with common data packages.

✓

Clean, explore and visualize data using Pandas, Matplotlib and Plotly.

✓

Train and evaluate supervised and anomaly-detection models.

✓

Integrate LLMs using structured prompts and controlled outputs.

✓

Build interactive AI interfaces using Gradio.

✓

Present a complete AI application with documentation and project demo.

CAPSTONE EXPERIENCE

See how Python, ML, LLMs and UI come together.

The final capstone turns transaction data into an explainable AI workflow — from feature engineering and fraud prediction to anomaly detection, visual analytics and an LLM-generated risk explanation.

DATA LAYERPandas • NumPy • Feature Engineering
MODEL LAYERClassification • Random Forest • Isolation Forest
EXPLAINABILITYRisk Score • Feature Signals • LLM Explanation
INTERFACEGradio • Plotly • Interactive AI Dashboard
AI Fraud Risk ConsolePython + ML + LLM
RISK SCORE87High Risk
ML PROBABILITY0.91Random Forest
ANOMALYYesIsolation Forest
Transaction SignalsFeature view
Amount92
New device78
Geo shift68
Odd hour54
LLM ExplanationAnalyst summary

This transaction is high-risk because the amount is unusually large, it originates from a new device and the location differs from the customer’s normal pattern.

Recommended: Step-up verification
★
PERFORM & GET RECOGNIZED

Perform well. Get Recognized. Get Awarded.

A Merit Test will evaluate learning from the internship. Top performers will receive a special prize and a Certificate of Merit from MeritNext.

⌘
LEARN & GROW TOGETHER

Learn together. Refer classmates. Get Rewarded.

Every confirmed student receives a personal referral link after payment. Share it with classmates — successful paid registrations are credited to the referrer, and top referrers receive special MeritNext Rewards.

MeritNext
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Applied AI & Python Development Internship

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