Your Field Is In Demand And It Is Financially Rewarding!

By Author: Shanay Tripathi
Total Articles: 29
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Fintech-Definition!
It is a combination of two words namely finance and technology. This fintech was previously used in banking sector for its backend financial operations but now it has changed the banking landscape. Today, you can opt for digital investments, fund transfers through smart phones and business transactions through apps. These have improved the business as it is convenient and easier to use.

Pgdm In Financial Technology!

It is a two years full time course which teaches students about crowd funding, algorithms, machine learning, artificial intelligence, etc. They have perfect understanding of finance, accounting and information systems, etc. They learn the management subjects along with the core subjects. Financial technology through pgdm is best suited for professionals who want to work in the growing financial field. Pgdm is best as the syllabus is updated and it is practical oriented with inputs from industry.

Eligibility Criteria!

Students from any under graduate stream can apply for this course and it is open to all undergraduate students. They should have ...
... got good marks though the criteria is minimum 50% in the qualifying examinations. They should also clear the mandatory entrance exams and interviews to secure a seat for the course. It is purely merit based. Some institutes stress on two or three years of work experience.

The Course Design!

The course lays stress on theoretical knowledge, practical application and industrial exposure. Industrial visits give the students an understanding about the workings of the industry. The students learn about blockchain, cryptocurrency, AI, internet of things, Big Data, machine learning during their course.

Case studies, panel discussions, projects and mandatory internships are part of the programme. All these helps to get a deeper understanding of the subjects and the students are guided by industry experts. The course was created to meet the demands of new job profiles arising because of the use of fintech.

Management subjects are also part of the course and the course stresses on skill development. Communication, problem solving, risk taking and leadership skills are developed during the course. It lays stress on personality development and grooms the students to face the challenges of the corporate world.

The Subjects!

The course is mostly application oriented and the subjects are marketing management, principles of management, financial management, business analytics, research methodology, portfolio management, financial information systems, derivatives, business law, competitive strategy, international business, financial modelling, fintech analysis, cyber security, debt markets, etc. Financial technology through pgdm help students gain practical knowledge through simulation and fintech labs.

They are also trained to gather inputs and use them for competitive analysis. They can use this fintech model in any business and as the syllabus is updated regularly, they learn about new trends. Newer trends and tools are introduced to students and they are mentored and guided at every phase. Industrial interaction helps them to get industry inputs from experts.

Placements!

As it is an emerging field these professionals are in demand. The brighter minds will command bigger pay packets and these professionals are absorbed as financial analysts, research analysts, portfolio managers, asset valuation associates, tax consultants, innovation associates, financial planners, equity analysts, etc. They are absorbed in banking, fintech companies, commodity exchanges, insurance and tax departments.

The students are placed before course completion and they could command a starting salary of 9-10 lakhs per annum. This differs with institutes and companies. Meritorious students get even a higher pay of about 14-16 lakhs per annum. They can expect a hike with each switch in the job.

The author is an educational expert and he contributes regularly to international journals. His views on courses and institutes are considered by students while taking up admissions. You can get his views on pgdm in financial technology through itm.edu.