FinTech, in recent times, has literally changed our lives and the way we transact by making it easy to trade, bank, and exchange money without the need for physical human interaction. There has been a scaling up of the overall operations and also up-skilling of specific tasks in the financial sectors of Banking, Financial Services, and Insurance. In 2019, the FinTech market in India was valued at over INR 1,920 billion and is projected to cross INR 6,207 billion by 2025 expanding at a CAGR of 22.7%.
Thus, FinTech presents a hugely promising opportunity for students to explore an exciting career with organizations across financial services, by developing their skills in new-age technologies like Blockchain, Chatbots, AI, Robo-advisors, Neo banks IoT, Big Data, API, Cloud Computing and RPA. The new era of Banking, Financial Services, and Insurance will require a high caliber of accuracy, speed, analytics, options, and solutions that craft the way forward for effective decisions and performance.
This growing trend in the innovative adaptation of technology in financial services has led to a rise in formal education in FinTech so as to groom talented personnel required to address these opportunities. Further, the large-scale deployment of technology for the ever-increasing automation and digitization needs in these sectors has led to a demand for conceptually sound and technologically adept personnel who are equipped with a formal education that grooms them to meaningfully contribute in their roles from day one.
The BBA FinTech program under the School Banking, Financial Services and Insurance (BFSI) of the Symbiosis Skills and Professional University, Kiwale, Pune is a new program that encompasses the Banking, Financial Services, and Insurance sectors with a special focus on the elements of technology that are being fast adopted in these sectors. In today’s fast-changing financial world, thanks to the innovative application of technology, it has become critical for organizations to deploy trained and skilled resources to meet the evolving market dynamics. The BBA FinTech program focuses on developing its students to take on the new age expectations and opportunities in the financial sector. It focuses on an industry-relevant curriculum crafted by experts from the industry and hands-on practical industry experience for the students by way of internships, projects, industrial visits, and interactions with industry practitioners. The BBA FinTech program thus, places the students at a higher pedestal in terms of skills and knowledge, making them an obvious choice of leading financial institutions engaged in bringing about the next level of technology-based transformational changes in their respective domains.
At Symbiosis Skills and Professional University, the students are provided with the best learning experience through Skill and Practical training, Internship programs, and industry interactions making them not only industry-ready but also enabling them in getting placed with reputed organizations in the financial sectors.
We welcome all young, focussed and motivated students to take up this course to build a career in the fast-expanding world of FinTech companies offering promising opportunities while honing up their skills in Finance and Technology
The financial services industry in India is moving towards digitisation, driven by a shift in personalised services expected by the customers because of the increasing penetration of smartphones and internet. The Government of India and the regulators have led various initiatives for technology-enabled inclusion. FinTechs play an important role in this movement by providing personalised services and superior customer experience via digital channels.
FinTech segment (Source: Deloitte, CII Report)
The FinTech segment has evolved rapidly over the last few years, offering innovative solutions and disrupting the entire financial services industry and has generated a lot of interest among job seekers, who are keen to pursue exciting roles in the FinTech space.
Federation of Indian Chambers of Commerce & Industry (FICCI) and Boston Consulting Group (BCG) reports (Business Standard, 15th March 2021): India’s FinTech Industry Valuation Estimated to grow up to $150-160 Billion in the next five years, owing to the deep-rooted customer demand, diverse capital flows, strong tech talent and enabling policy frameworks. India’s dynamic FinTech industry has 2100+ FinTechs of which 67% have been set up over the last 5 years alone. The total valuation of the industry is estimated at USD 50-60 Bn.
Nearly 82% of financial institutions plan to increase Fintech partnerships in the next 3-5 years.
In the past decade, FinTech has disrupted the conventional financial services industry by leveraging innovative technologies like Blockchain, Artificial Intelligence, Cloud Computing, Internet of Things, and Mobile Computing and offering customized, value-added services in a rapid manner. There is a huge demand for people with the right skill sets and an understanding of how these emerging technologies can be applied in the financial services industry. This B.B.A (FinTech) program enables the participants to understand, analyze and effectively leverage the emerging financial innovations and become a part of the new Fintech revolution.
Students taking the BBA FinTech program under the School of Banking, Financial Services and Insurance (BFSI) of the Symbiosis Skills and Professional University, Kiwale, Pune can aspire to be placed with leading technology-savvy industry leaders across Banking, Insurance, and various Financial Services like payment gateways, neo banks, quant-based stockbroking firms, non-banking financial companies, digital media based lending and other financial services intermediaries. Regular industry interactions by way of internships, seminars, project work, etc. offer students the opportunity to apply their learnings and also understand the industry expectations better so as to decide on the future career path to be taken by them.
- Financial Analysts,
- Risk Management Analysts,
- Blockchain Specialists,
- Crypto-Currency Analysts
BBA FinTech under the School of Banking, Financial Services and Insurance (BFSI), is a new Program offered by Symbiosis Skills and Professional University, Kiwale, Pune that ventures into the challenging arena of Banking, Financial Services and Insurance subjects with a special focus on the element of Technology that is being fast adopted in this sector. FinTech has literally changed our lives and habits by making it easy to trade, bank, and exchange money without the need for physical human interaction. The up-scaling of tasks and activities in financial sector and growth of Technology due to automation and digitization in this field has given rise to the need for selective and trained personnel who will qualify to meet the industry demand through a formal education that grooms the individual to be resourceful from day one.
In 2019, the FinTech market in India was valued at over INR 1,920 billion and is projected to cross INR 6,207 billion by 2025, expanding at a CAGR of 22.7%, hence, FinTech is the new opportunity for students to explore an exciting career in Finance based organizations, by developing the skills in technologies like Blockchain, Chatbots, AI, Roboadvisors, Neobanks IoT, Big Data, API, Cloud Computing and RPA. This program will set the students at a higher pedestal and make it suitable for them to be absorbed by leading financial institutions which are transforming and making a headway in their business activities.
The new era of Baking, Financial Services and Insurance stands high on technological evolution and will shock the change-over that will be made by every organization. The Financial Environment will require great standards of accuracy, speed, analytics, options and solutions that will craft the way forward for effective decisions and performance. The trend is changing into modification and adaptation of Technology in the field of Finance and this has given rise to the formal education in FinTech, which will groom and provide the talent and the personnel required to answer the provide solutions to financial problems and challenges.
At Symbiosis Skills and Professional University, the students will be provided the best learning experience through Skill and Practical training as well as Internship programs, which will set them steps ahead of their competitors and be the first preference in any organization of repute.
We welcome the young, focused and motivated students to take up this course to build their career with the best intelligence of Finance+Technology.