Gone are the days of paper and registers within finance. Today, Excel workbooks, AI-driven chatbots, AI-driven SQL and data management systems have taken over the accounting sector.
Finance is alive not just within paper currency but has evolved into digital renditions like cryptocurrency. Bitcoin and Ethereum are a few examples of cryptocurrencies in our world today.
The world of business and financial technology is undergoing a digital revolution.
New technologies like artificial intelligence, blockchain, and big data are rapidly transforming how financial products and services are delivered, analysed, and managed.
This convergence of business and financial technology (FinTech) is creating a surge in demand for professionals who possess a unique blend of financial knowledge and technological expertise.
In the finance industry today, having sound skills in financial technology can bring you many advantages in the job market.
This article will reveal the existing market for FinTech professionals, what you can do to enter the FinTech industry and provide you with a roadmap that you can use to find your way around business and financial technology.
Why Pursue a Combined Finance and Technology Education?
A recent study by McKinsey & Company found that 80% of financial institutions actively invest in FinTech solutions. This trend signifies a significant shift in the financial landscape, requiring a new breed of professionals who can bridge the gap between traditional finance and cutting-edge technology.
How Does Combining Finance and Technology Benefit Your Career?
A background in both finance and technology opens doors to a wider range of exciting career paths.
Job titles like FinTech analyst, quantitative analyst, wealth management technologist, and cybersecurity risk analyst are just a few examples.
- Develop Highly Sought-After FinTech Skills: By combining finance and technology studies, you’ll develop a coveted skillset that includes financial modelling, data analysis, programming languages like Python, and cybersecurity knowledge.
- Enhanced Problem-Solving Capabilities within business and financial technology: The finance and technology industries thrive on innovation and problem-solving.
A contemporary business and financial technology programme can train you in these disciplines and develop within you the analytical thinking and creative problem-solving skills needed to tackle complex challenges in our rapidly evolving financial industry.
- Greater Adaptability in a Dynamic Industry: The financial services industry constantly evolves in response to technological advancements. Take for example the NFT wave, mobile app payments, IoT revolution and Bitcoin surge.
Combining finance with technology prepares you to adapt and thrive, as you’ll possess the skills and knowledge to navigate future developments and technologies.
In Conclusion
By combining finance with technology studies, you’ll position yourself for success in the dynamic world of business and financial technology.
This powerful fusion equips you with a unique skill set that is highly sought-after by employers across the financial services sector.
If you’re passionate about finance and intrigued by the potential of technology, then pursuing an industry-oriented business and financial technology programme can be the perfect path to launch a rewarding and future-proof career.
Ready to Act?
Research universities and colleges that offer programs in finance with a strong emphasis on technology integration.
Look for internship opportunities within FinTech companies to gain valuable hands-on experience and network with industry professionals. So, what are you waiting for? Sign up today!
Also Read: Exploring the Benefits of Technology in Education for Students and Parents
