MBA in FinTech Course Details: Admission, Eligibility, Syllabus, and Scope

Want to know about MBA in FinTech Course Details? You have reached the right destination. The full form of MBA in FinTech is Master of Business Administration in Financial Technology.

Finance is the crucial asset for any organization, and in today rapidly evolving technological landscape, managing finances intelligently is essential for driving up the growth of business. To prepare professionals capable of advancing finance technology, many educational institutes offer an MBA in FinTech, also known as MBA in Finance Technology. This program is an ideal choice for recent graduates who aspire to build careers in Finance Technology, Artificial Intelligence, Big Data Analytics, and Data Science.

The two-year program is beneficial for graduates looking to advance their careers, especially those with backgrounds in engineers, physicists, computer programming, mathematics, business, commerce, and other high-tech fields. In this blog, we will explore MBA in FinTech Course Details, including information on admission, eligibility, curriculum, and career opportunities in the field. Financial Technology has revolutionized the global economy, and MBA in FinTech helps students equip themselves with critical skills and knowledge essential to manage and transform the technology that drives the industry. 

The demand for MBA FinTech graduates is consistently increasing due to ongoing advancements in FinTech. After completing the program, professionals can pursue further education in academics or research, or enter the workforce in roles such as Data Scientists, Blockchain Experts & Developers, Financial Analysts, Business Analysts, and Product Managers. In this blog, we will explore MBA in FinTech Course Details so that in the end, you will have all required information about the program.

MBA in FinTech Course Highlights 

Here are some highlights of MBA in FinTech course:

Why Choose an MBA in FinTech Course?

Financial Technology has revolutionized the economy and changed the ways companies and financial institutions, including banks, manage their financial services. The MBA in FinTech course explores new methods to improve the financial sector by combining technology and economic trends. Here are some advantages of pursuing an MBA in FinTech:

Growing Sector: Financial Technology has seen a boom in the global market, making it one of the most sought-after career options.

Latest Technological Advancements: In today’s rapidly evolving world, technology is constantly changing, and it has become important to stay up to date with the latest technology. The program broadens knowledge and skill sets, helping graduates make informed decisions.

Diverse Career Opportunities: The MBA in FinTech program offers diverse career paths to graduates, from traditional financial roles enriched by technology to new roles generated by FinTech advancement. Positions such as FinTech Product Manager, Blockchain Developer, Financial Analyst, Risk Manager, and Data Scientist are available for FinTech graduates.

High Demand for Skilled Professionals: The FinTech industry needs skilled professionals who possess both financial expertise and technological know-how. Skills developed after the program are highly beneficial in various sectors, including banking, investment, insurance, and technology.

Global Perspective: The FinTech industry is booming globally, and this program often includes international case studies, projects, and sometimes even exchange programs. It is crucial to understand how FinTech impacts different markets and economies.

<>MBA in FinTech Course Admission Process

The admission process may differ depending on the institution. However, the common admission steps followed by most institutions include:

Register for the Entrance Exam: Most institutions offer admission based on performance in entrance exams. Candidates need to research and apply for the entrance exam accepted by their preferred institution. Some common entrance exams are CAT, XAT, NMAT, or GMAT.

Appear for MBA Entrance Exam: To get admission to top institutions offering an MBA in FinTech, candidates need to take the MBA Entrance Exam. Performance in the entrance exam makes a significant impact.

Shortlisting Candidates: After the entrance exam results, institutions shortlist the eligible applicants for the next round of the admission process. To shortlist an applicant, institutions consider exam results, academic performance, diversity, work experience, and other factors as per their policies.

Final Round: Before allotting a seat, institutions generally conduct group discussions and personal interviews. The objective of this exercise is to understand the analytical abilities of applicants. Some institutions may seek letters of recommendation from previous teachers.

After all these rounds, the final merit list is released to offer admission to the selected applicants.

MBA in FinTech Course Eligibility

To secure admission to the MBA FinTech program, candidates must meet the basic eligibility criteria. The requirements include a Bachelors degree in engineering, computer science, or any related degree with a minimum of 50% aggregate marks from a recognized institution. Candidates also need to pass an MBA entrance examination such as CAT, XAT, GMAT, GRE, or MAT. Submission of GMAT or GRE scores is often required, although this may be waived in some cases. Some programs may require applicants to demonstrate specific skills, such as programming or data analysis, depending on the focus of the program.

MBA in FinTech Course Syllabus

Under MBA in FinTech Course Details, the syllabus of the MBA FineTech course may differ depending on the institution. However, this is the general syllabus of the course:

First Year

Elective Courses for 2nd Semester

1. Service Oriented Architecture
2. Design Patterns
3. Software Project Management
4. Mutual Fund Management and Services
5. Insurance and Risk Management
6. Marketing Analytics

Second Year

Elective Courses Available for 3rd Semester:

1. Artificial Intelligence
2. Blockchain and Cryptography
3. Data Visualisation and Reporting
4. Credit Risk Management
5. Capital Market Operations
6. Financial Modelling using Spreadsheet

Elective Courses Available for 4th Semester:

1. Cyber Security and Forensic
2. Information System Control and Audit
3. Natural Language Dialoguing and Chatbots
4. Social Media Analytics
5. Fixed Income Securities and Treasury Management
6. Forex and Currency Derivatives
7. Corporate Governance & Business Ethics
8. Project Management

The syllabus of the MBA in FinTech program is designed to provide students with a comprehensive understanding of both financial principles and the technological tools that are transforming the industry.

Core Finance Courses: Corporate Finance elaborates on the financial activities that govern corporations, including capital structure, funding, and investment decisions. The Financial Markets and Instruments subject focuses on the functioning of financial markets, the role of different financial instruments, and the impact of market dynamics on financial decision-making. The Risk Management subject helps students acquire skills required to identify, assess, and manage risks in the financial sector. Investment Analysis offers techniques for analyzing and managing investment portfolios, including equity, debt, and alternative investments.

Core Technology Courses: Introduction to FinTech, Blockchain, Big Data Analytics, and AI in Finances are general core technology courses. Students get an overview of the FinTech industry, including trends and the impact of technology on financial services. Besides, they receive knowledge of blockchain technology, and its applications in finance. To make informed decisions and develop predictive models, techniques for analyzing large datasets are taught to students. They also explore the role of AI and machine learning in automating financial processes, improving decision-making, and creating new financial products.

Management and Strategy Courses: Management and developing strategies are crucial skills in the FinTech industry, including market entry strategies, competition analysis, and innovation management. Students are also taught the Entrepreneurship in FinTech subject to get an understanding of the process to launch and manage a FinTech start-up.

Elective Courses: Depending on the program, students may have the option to choose electives in areas such as Digital Banking, RegTech, InsurTech, Cybersecurity in Finance.

Capstone Project/Thesis: Many programs have a capstone project or thesis, where students apply their knowledge to a real-world problem in FinTech. This project often involves working with industry partners, conducting original research, or developing a new FinTech product or service.

MBA in FinTech: Scope and Job Opportunities

An MBA in FinTech opens up a wide range of career opportunities across various sectors, including banking, financial services, technology companies, consulting firms, and start-ups. Students should explore MBA in FinTech Course Details and pursue the program that offers rewarding career paths. Here are some job roles that MBA holders can pursue:

FinTech Manager: The professional is responsible for overseeing the development and management of financial technology products. This role demands a strong understanding of both finance and technology, as well as project management and leadership skills.

Blockchain Developer/Expert: He or she is specialized in blockchain technology, developing and implementing blockchain-based solutions for various financial applications.

Data Scientist: The professional analyzes large datasets with the help of data analytics and machine learning techniques. They help financial institutions make data-driven decisions and identify trends.

Financial Analyst: Analyzing financial data to provide insights and recommendations for investment decisions, risk management, and financial planning.

Risk Manager: Identifying and managing risks associated with financial transactions, investments, and operations in a technology-driven environment. This role is critical in ensuring the stability and security of financial systems.

Business Analyst: Working with FinTech companies or financial institutions to analyze business processes, identify opportunities for improvement, and implement technology solutions that enhance efficiency and effectiveness.

Consultant: Providing expert advice to financial institutions and technology companies on how to navigate the complexities of the FinTech industry, from regulatory compliance to digital transformation strategies.

Entrepreneur/Startup Founder: Armed with the knowledge and skills from an MBA in FinTech, graduates may choose to start their own FinTech ventures, developing innovative solutions to address unmet needs in the financial industry.

MBA in FinTech Course Details: Salary

MBA in FinTech graduates get good career opportunities after finishing their studies. In the beginning, they can expect salaries between Rs 4 lakh and Rs 9 lakh per year. With experience, their salary also increases and they can earn up to Rs 25 lakh annually. It is a good option for aspiring management professionals. They should review MBA in FinTech Course Details. It is pertinent to mention that the salary varies due to a number of factors, including location, experience, education level, and designation. Average annual salary of MBA in FinTech is listed below:

1. Product Manager - Rs 14 lakh
2. Finance Analyst - Rs 8 lakh
3. Financial Advisor - Rs 7 lakh
4. Financial Executive - Rs 6 lakh
5. Financial Planner - Rs 6.5 lakh
6. Cybersecurity Experts/Analysts - Rs 12 lakh

Finding the right institution is a crucial step in a student’s career. Parents and students need to consider multiple factors before choosing a college, including MBA in FinTech Course Details. Chandigarh Group of Colleges, Jhanjeri, is the right place to turn your dreams into a reality. With its robust placement record, state-of-the-art infrastructure, and highly skilled teaching faculty, CGC Jhanjeri leaves no stone unturned to make students market-ready. The college offers MBA FinTech in collaboration with Harvard Business Publishing Education. By pursuing MBA FinTech at CGC Jhanjeri, students learn the innovative use of technology to deliver financial services and products.

As part of the MBA in FinTech Course Details at Chandigarh School of Business, candidates must have passed a bachelor’s degree with at least 50% marks from an institution recognized by the University Grants Commission (UGC). The marks requirements for candidates belonging to the reserved category are 45%.

As the financial industry is growing at a rapid pace due to technological advancements, there is an increasing demand for skilled professionals who manage and advance financial technology. The FinTech industry has been revolutionizing how financial services are delivered, making it the most dynamic and in-demand field.

Frequently Asked Questions

Q1. What is the scope of an MBA in FinTech? 

Ans. In the past few years, the FinTech industry has drastically evolved, opening multiple career options for MBA in FinTech graduates. The financial sector has seen advancements in technology, leading to a surge in the demand for skilled and qualified MBA in FinTech professionals. Digital Transformation, Financial Analytics, Blockchain Technology, Financial Risk Management, Entrepreneurship and Creativity are some of the important areas of focus and prospective employment options for MBA in FinTech graduates.

Q2. What is the difference between an MBA in Finance and an MBA in FinTech? 

Ans. MBA in FinTech and MBA in Finance are business administration degrees that focus on finance and related subjects. But, both the programs have some differences. MBA in FinTech is the study of finance and technology. On the other hand, MBA in Finance focuses on conventional finance subjects, including corporate finance, portfolio management, financial accounting and financial markets.

Q3. Is FinTech a good career path?

Ans. Yes, it is certainly a good career path. The field is rapidly growing and MBA FinTech graduates are in demand. They get diverse career opportunities. Job roles an MBA in FinTech can perform include Fintech Product Manager, Financial Analyst, Blockchain Specialist, Compliance and regulatory roles, Risk Manager, Cybersecurity Consultant, and Digital Transformation Consultant. 

Q4. What is the eligibility of getting admission to the MBA in FinTech program?

Ans. As per MBA in FinTech Course Details, the general eligibility for securing admission to the MBA in FinTech program is a Bachelor’s degree in engineering, computer science, or any related degree with a minimum of 50% aggregate marks from a recognized institution. The MBA entrance exams are also the major parameter to offer admission. CAT, XAT, GMAT, GRE and MAT are some popular MBA entrance exams and better marks in these tests enhances the chances of getting admission.