MBA IT & FinTech course details

FinTech is an emerging field that combines finance with technology by leveraging cutting-edge technologies to offer financial services effectively and seamlessly. It will help banks, insurance businesses, non-banking financing companies (NBFC), payment banks, stock trading, and investment advising organizations deal with day-to-day challenges and provide more customer-friendly solutions.  

Students interested in information and financial technology can enroll in this 2-year online MBA IT and FinTech program. By integrating two vital sectors of the surging market in management, this degree gives learners a competitive advantage in the job market.  

What is FinTech?   

FinTech (Financial technology) pertains to any technology that empowers financial services, including internet banking, mobile payment apps, and even cryptocurrencies. It is a broad category that includes a variety of technology, but its primary goals are to \assist how individuals and corporations manage their funds and to compete with established financial institutions.  

FinTech has revolutionized almost every facet of the financial sector over the past several years. Ten years ago, obtaining a mortgage, a small business loan, or even just transferring money from one account to another required a person to go to a bank or other financial institution.  

Using online and mobile services, one may invest, borrow, save, and transfer money without ever setting foot inside a bank, thanks to FinTech. FinTech solutions were reluctant to be adopted by traditional institutions, but new businesses and well-established firms are placing their bets on digitized financial services.  

Check out: Concepts to learn in MBA IT & Fintech  

An overview of MBA IT & FinTech  

Particulars	Details
Program full name	Master of Business and Administration in It & FinTech
Program level	Postgraduate degree
Duration of the program	2 years
Eligibility	Graduation
Average program fee	INR 2,00,000 – 3,00,000
Examination type	Semester pattern
Admission	Entrance exam and merit-based
Recruiting companies	Amazon, Google, Deloitte, PayTM, HCL
Top jobs	Financial Analyst, Financial Manager, Private Equity Analyst, Etc

What is an MBA in IT & FinTech?  

The MBA program in IT and FinTech is a 2-year postgraduate program that helps learners close the disparity between managerial and ingenious financial technology advancement and its implementations in financial services. MBA FinTech course can be pursued as an elective choice for individuals who desire to work in managerial positions in the digital technologies or fintech sectors. It will give students the much-needed professional lift they seek to increase their potential earnings and break into this quickly evolving field.  

Why should you choose an MBA IT & FinTech program?  

Fintech is an emerging sector advancing swiftly due to a variety of hopes and concerns about what this will ultimately imply for trade and markets. The following factors justify choosing this field for your career path:  

• Growth and demand: The IT and fintech sectors are experiencing rapid growth and high demand for skilled professionals. Advancements in technology and the increasing digitalization of financial services have created a wealth of opportunities for individuals with expertise in both areas.  
• Innovation and cutting-edge technology: IT and fintech industries are at the forefront of innovation, constantly pushing boundaries and developing new technologies. Working in these fields allows you to be part of groundbreaking initiatives such as blockchain, artificial intelligence, machine learning, and data analytics, which can be intellectually stimulating and rewarding.  
• High salaries and compensation: Due to the specialized nature of IT and fintech roles, professionals in these fields often enjoy competitive salaries and compensation packages. The demand for skilled talent, coupled with the critical role technology plays in the finance industry, makes it possible to earn higher remuneration.  
• Transferable skills: A career in IT and fintech equips you with valuable transferable skills. These skills include problem-solving, data analysis, project management, technical expertise, strategic thinking, and adaptability. These skills are highly sought after and can be applied in various industries, providing flexibility and career mobility.  
• Continuous learning and professional development: Technology is constantly evolving, and staying updated with the latest trends and advancements is a crucial aspect of working in IT and fintech. This provides opportunities for continuous learning and professional development, ensuring that your skills remain relevant and valuable throughout your career.  
• Global opportunities: IT and fintech roles often transcend geographical boundaries, allowing for international job opportunities. With the increasing globalization of technology and financial services, professionals in these fields can explore diverse career options around the world.  
• Collaboration and cross-disciplinary work: IT and fintech roles often require collaboration and interaction with professionals from different backgrounds, including technology, finance, marketing, and operations. This cross-disciplinary work fosters a dynamic and diverse work environment, providing opportunities for learning from experts in various fields.  
• Job security and stability: As technology becomes increasingly integral to the financial industry, the demand for IT and fintech professionals is expected to remain strong. This offers a certain level of job security and stability, with ample opportunities for career growth and advancement. 

Also read: Who can benefit from an MBA in IT & Fintech  

MBA IT & FinTech course syllabus  

Students may expect to learn about the evolving financial industry environments, the frameworks, and intellectual skills necessary to foresee and take advantage of future FinTech trends as part of the curriculum. The syllabus for an IT and FinTech course often includes teaching students about the fields of information technology and financial technology as well as the fundamental concepts and knowledge areas of management and corporate administration. The following are the main MBA in Fintech subjects:  

Semester 1	Semester 2	Semester 3	Semester 4
Management Process and Organizational Behaviour	Production and Operations Management	Research Methodology	Strategic Management and Business Policy
Business Communication	Financial Management	Legal Aspects of Business	International Business Management
Statistics for Management	Marketing Management	Database Management Systems	Business Leadership
Financial and Management Accounting	Management Information System	Software Engineering	E-Commerce
Managerial Economics	Operations Research	Technology Management	FinTech Payments and Regulations
Human Resource Management	Project Management	Business Intelligence and Tools	Cryptocurrency and Blockchain
			Enterprise Resource Planning

Admission procedures to enroll in an MBA IT & FinTech program  

• Visit the Online Manipal website, choose the MBA program (MAHE) & register by filling in your basic details and paying the application fee.  
•  Fill in your educational & work experience-related details.  

•  Pay the admission fee for the first semester /year or full program.  
• Upload supporting documents & submit your application to complete the process.  

Career prospects after an MBA IT & FinTech course  

The rapid technological advancements and the growing preference for fintech makes the MBA IT and FinTech scope massive, with excellent career options. Emerging FinTech companies have challenged the traditional financial services sector over the past years through the use of new technology and the quick delivery of customized, value-added services.  

People with the appropriate skill sets and knowledge of how these developing technologies can be used in the financial services sector are in high demand. With the help of MBA FinTech degree, candidates can better comprehend, evaluate, and take advantage of new financial breakthroughs and join the Fintech boom. There are many employment options in multiple industries for MBA graduates in IT and FinTech, including:  

• Data Analysis  
• Wealth Tech and Robo Advisors  
• Risk and Compliance  
• Cybersecurity  
• Data Science   
• Artificial Intelligence and Machine Learning  
• Blockchain and Cryptocurrencies  
• Mobile App Development  
• Digital Lending  
• Crowdfunding  

Also read: In demand fintech jobs and skills in 2023  

Top jobs options after an MBA in IT & Fintech  

• Fintech Product Manager: Fintech product managers are responsible for conceptualizing, developing, and launching innovative financial technology products or services. They work closely with cross-functional teams to define product strategies, conduct market research, gather customer feedback, and oversee the product development lifecycle.  
• Data Scientist/Analyst: Data scientists and analysts play a crucial role in the fintech industry by analyzing vast amounts of financial and customer data to derive meaningful insights. They use statistical modeling, machine learning, and data visualization techniques to identify trends, build predictive models, assess risk, and optimize business processes.  
• Blockchain Developer: As blockchain technology continues to revolutionize the financial industry, the demand for blockchain developers is on the rise. These professionals design, develop, and implement blockchain solutions, smart contracts, and decentralized applications (DApps) to enhance security, transparency, and efficiency in financial transactions.  
• Cybersecurity Specialist: Given the sensitive nature of financial data and transactions, cybersecurity is of utmost importance in the fintech industry. Cybersecurity specialists help organizations protect their systems, networks, and customer information from cyber threats. They implement security measures, perform risk assessments, conduct audits, and respond to security incidents.  
• Compliance Officer: Fintech companies must adhere to strict regulatory frameworks and compliance requirements. Compliance officers ensure that organizations comply with applicable laws, regulations, and industry standards. They develop and implement compliance programs, conduct audits, and provide guidance on risk management and regulatory matters.  
• UX/UI Designer: User experience (UX) and user interface (UI) designers focus on creating intuitive, user-friendly interfaces for fintech applications and platforms. They conduct user research, design wireframes and prototypes, and collaborate with development teams to ensure a seamless and engaging user experience.  
• Financial Analyst: Financial analysts in fintech companies assess investment opportunities, perform financial modeling, conduct market research, and provide insights for strategic decision-making. They analyze financial data, evaluate financial performance, and contribute to financial planning, budgeting, and forecasting processes.  
• Payment Systems Specialist: Payment systems specialists are responsible for designing, implementing, and managing payment platforms and infrastructure within fintech organizations. They stay updated with the latest payment technologies, work with banking partners, and ensure seamless and secure payment processes for customers.  
• Robo-Advisor Specialist: Robo-advisors use algorithms and automation to provide personalized investment advice and manage portfolios. Specialists in this area design and develop robo-advisory platforms, improve algorithmic models, and ensure regulatory compliance for automated investment services.  

Skills needed for a career in FinTech  

Even if you are not a digital whiz, fintech is a fascinating new area to follow because it offers opportunities to individuals with a range of skill sets. Here are the key abilities you’ll need to land a job if this is a field you’re interested in:  

• Thorough understanding of blockchain  

Blockchain technology has upended several established sectors, with banking unquestionably being one of them. Companies stay fiercely competitive to recruit the best crypto-talent because there is a relatively small talent pool of individuals with blockchain competence and application-building skills. If you fit this description, you can have a wide range of job options.  

• Exceptional coding abilities  

The best tech and fintech organizations usually employ workers who can improvise while developing apps, websites, and platforms. Fintech firms will continue to release even more digitized breakthroughs, which will drive up demand for talented people who can lead these new technology developments. The world of fintech is open to you if you have a background in computer science or information technology.  

• Passion for numbers  

Fintech is heavily reliant on numbers, so having a basic grasp of finance-based math and the skills to comprehend charts and graphs and spot tendencies will be very helpful. You could enter the fintech sector more easily if you have a degree in mathematics.  

• Competence in cyber security  

Fintech companies are actively seeking cybersecurity experts who can aid in protecting clients from costly breaches. Fintech is where you belong if you can contribute to the development of advanced security measures that can thwart thieves and quickly stop internet crimes from happening.  

Check out: How to pursue career in the emerging fintech domain  

Why is an online MBA from Manipal University Jaipur the best option?  

Online MBA with IT & FinTech as an elective offered by Manipal University Jaipur (MUJ), is tailored for candidates who want to work in managerial positions in the IT or financial technology sectors. Your ability to develop the necessary skill sets to land a lucrative career across industries will be enhanced with the help of an MBA in IT & FinTech elective.  

In today’s corporate environment, organizations are searching for future leaders who could enhance organizational performance. The online MBA program at Manipal University Jaipur (MUJ) can help you sharpen your business skills, get managerial experience, and expand your networking opportunities. Students at MUJ can study the training modules, view previously recorded lectures, engage with other students and faculty, and much more using the platform’s user-friendly interface.  

The online degree programs at MUJ provide learners with a terrific adaptable career development possibility with simple, bite-sized content. Students can learn on their timetable, study on the go, engage with experts in the field and seek guidance, connections, and prospects to prosper and significantly advance their career prospects.  

Eligibility requirement to get admission into MBA from Manipal University Jaipur  

• Candidates must have a 10 + 2 + 3-year bachelor’s degree from a recognized university/institution or an equivalent qualification as recognized by the Association of Indian Universities with a minimum of 50% marks in aggregate in graduation (45% for reserved categories).  
• Candidates must clear Manipal University Jaipur’s online aptitude test as part of the application process.  
• Candidates with a valid score (40 percentile) from any aptitude test (CAT/MAT/CMAT/XAT/GMAT) need not appear in the above test.  

Scholarships and easy financing options   

Defense personnel, government employees, people with disabilities, and deserving students can apply for scholarships from MUJ. No cost-EMIs are also provided to reduce the financial burden on students. MBA from Manipal University Jaipur is a cost-effective option, thanks to these scholarships and easy financing options.   

Conclusion  

For MBA graduates, fintech has the potential to open up a wealth of job options and usher in a newfound epoch of financialization. You will acquire the necessary information and abilities as an IT expert to further your career in the financial technology industry after completing FinTech certification programs. You should enroll in the online MBA in IT and Fintech program from Manipal University Jaipur, if you want to undertake a comprehensive curriculum that will enhance your resume greatly, thus ensuring advancement in your profession.