The world of business and the technology keeps evolving very quickly as it transitioned from Industry 1.0 to Industry 5.0. The changes in the technological advancements have disrupts the business worlds. The business models have drastically changed since 2000. Such disruptions result in a shift in the talent requirements for businesses. The job market demands changes due to such quick paced transitions. According to the job market demands the education industry have to respond as quickly as possible to cater to the requirements of the industry.
The Banking Financial Services and Insurance sector has been going through a continuous growth phase since 2005 coupled with the integration of technology. This industry has witnessed tremendous amount of operational efficiency, risk management and product offering. At this juncture, Kristu Jayanti College (Autonomous), Bengaluru leaps forward with new age programmes and courses by introducing Master of Business administration (MBA) in Fintech.
The following are the key objectives of the MBA in Fintech programme:
i) To develop students with the right knowledge and skill sets to grab the opportunities in the emerging fintech industry
ii) To offer 2 years skill-based master’s programme in Business administration
iii) To cater to the requirements of the industry and the job market
iv) To bridge the gap between industry and the academia and to stay relevant
The entire BFSI industry gets benefited from Fintech. The growth in the BFSI sector is augmented by the technology. Fintech is predicted to grow actively until 2030. The fintech identified the gaps in the traditional BFSI sector and resulted in phenomenal gaps in the job market. The raise of the millennials and the Generation Z enhances the consumption of Fintech services to a greater height. The growth in the job market offering a variety of new job profiles and new skills sets poses grand new lucrative opportunities to the MBA Fintech graduates in business analysis, data analytics, AI & ML, compliance, cyber security, sales & marketing to name a few.