Exploring an MBA in Financial Technology

 Fintech is making a great impact on the financial services industry. You will find fintech guys everywhere in a financial company taking over processes and making them easier for everyone. However, there are a few core areas of fintech that every MBA Fintech graduate must know. These core competencies will expose you to the entire world of finance technologies where you will work in future. 

Core Areas of FinTech

Let’s explore these core areas in detail. You will gain a more nuanced understanding of every field available in fintech, which will help you make a good career choice. 

Digital Payments

This field deals with mobile banking and digital payments. You will be behind the scenes with these digital transactions, making them more secure for consumers. You can also introduce new technologies and ideas in this already existing field to steer the ecosystem's growth. 

Lending and Crowdfunding

Peer-to-peer lending and crowdfunding platforms are also trending today. You might have seen several advertisements of Ketto where people donate their money to help those in need. There are also platforms where you can directly loan money to a debtor. You will work in these companies to ensure honest and transparent transactions occur. 

Wealth Management and Investment

Wealth management platforms use a special technology called robo-advisors. These virtual financial advisors use artificial intelligence to suggest and manage the wealth of high-class individuals. As a fintech graduate, you will work on these technologies to improve them with each passing day. 

Insurance

Insurtech is another popular buzzword in the fintech sector. You will be responsible for creating platforms with an excellent user interface. People will find information about the various insurance schemes on this platform. You will also create a personal dashboard for the consumers. 

Blockchain and Distributed Ledger Technology

Blockchain technology is probably one of the newest technologies in the fintech sector, and it is on everyone’s mind right now. This technology aims to decentralise finance in the future by removing any third-party intervention. It is a new area that you can explore while completing your degree. 

Benefits and Challenges of FinTech

There are both pros and cons to an MBA in Fintech. You should know the benefits and challenges of a fintech degree to make an informed decision. 

Benefits

Let’s talk about the benefits first. A fintech degree will open a niche field for you. You can gain expertise through various projects and internships. Therefore, this degree will be a good career move if you gain the right expertise. 

Challenges

There will be various challenges along the way. For example, you must cope with mathematics and finance throughout the degree. It will be a difficult journey for students who are weak in these subjects. However, a good faculty will surely help you cope with the stress.


A fintech degree from an MBA in Banking and Finance colleges in Pune offers a promising career path. You can contribute to innovative solutions and drive financial inclusion. The potential rewards and career opportunities make it a worthwhile pursuit for those passionate about technology and finance.


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