Distance MBA in Fintech: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Distance
Written By universitykart team | Last Updated date Oct, 09, 2024

About Distance MBA in Fintech

Distance MBA programs in Fintech were becoming increasingly popular due to the growing demand for professionals with expertise in both business administration and financial technology. A Distance MBA in Fintech is designed to provide students with a comprehensive understanding of the intersection between finance and technology, preparing them for leadership roles in the fintech industry.

Fintech is a rapidly evolving field, and a Distance MBA in Fintech equips students with the necessary skills and knowledge to adapt to changing trends and technologies in the financial sector.

The curriculum typically covers core MBA subjects such as finance, marketing, operations, and strategy, alongside specialized fintech courses. These specialized courses may include blockchain technology, digital payments, financial data analysis, cybersecurity, machine learning in finance, and more.

The duration of Distance MBA programs can vary, but they generally span from one to two years, depending on the university and the pace at which the student completes the coursework.

Course Highlights of Distance MBA in Fintech

Particulars Values
Course Name Distance Master of Business Administration in Fintech
Course Level Post Graduate (PG)
Course Duration 2 years
Examination Type Semester System
Eligibility Criteria Bachelor's degree from a recognized university/college with (45% to 50% aggregate marks)
Admission Process Merit/Entrance Based
Specialization Fintech
Internship Yes
Entrance Exams CAT, MAT, XAT, CMAT, etc.
Course Fee INR 80,000 – INR 3 LPA
Average Annual Salary INR 6 – INR 20 LPA
Top Recruiters UPLERS, PayPal, Korn Ferry, Paytm, CRED, Aspiration, Matrix, Amazon, Walmart, VISA, Accord FinTech, Agile financial technologies, CoinDCX, Boston Consulting, Bai & Company, Goldman Sachs, BCG, Bain and Company
Job Profiles Advisory Services, Financial Analysts, Business Analysts, Compliance Analysts, Quantitative Analysts, Data Scientists, Blockchain Experts & Developers, App Developers, Product Managers, Cybersecurity Experts, Risk Control Managers, Business Development Managers, etc.

Why Study Distance MBA in Fintech?

Studying a Distance MBA in Fintech can offer numerous benefits, especially in today's fast-paced and technologically driven financial landscape. Fintech, short for financial technology, is an emerging field that leverages technology to enhance and revolutionize financial services. Here are some reasons why pursuing a Distance MBA in Fintech can be a rewarding choice:

(1) Industry Relevance:

Fintech is transforming the financial sector rapidly, and businesses are actively seeking professionals who understand both finance and technology. A Distance MBA in Fintech equips you with the knowledge and skills to bridge the gap between traditional finance and cutting-edge technology solutions, making you highly relevant to employers.

(2) Innovation and Creativity:

Fintech is all about innovation and creative problem-solving. Pursuing an MBA in this field will expose you to the latest trends and technologies, allowing you to develop a forward-thinking mindset and entrepreneurial spirit to create disruptive financial solutions.

(3) Flexibility of Distance Learning:

Distance MBA programs provide the flexibility to study from anywhere, making it convenient for working professionals to upgrade their skills without leaving their jobs. This allows you to apply theoretical knowledge directly to your current work in the fintech industry, enhancing your career prospects.

(4) Networking Opportunities:

Distance MBA programs often offer networking opportunities with industry experts, alumni, and fellow students through virtual events, webinars, and online forums. Networking in the fintech sector can open doors to exciting job opportunities and potential collaborations.

(5) Diverse Skill Set:

Fintech encompasses a wide range of areas such as blockchain, artificial intelligence, data analytics, mobile payments, cybersecurity, and more. A Distance MBA in Fintech will expose you to these diverse aspects, helping you become a well-rounded professional capable of handling various challenges in the industry.

(6) Global Demand:

Fintech is a global phenomenon, with startups and established companies alike looking for professionals with expertise in the field. With a Distance MBA in Fintech, you can tap into the vast international job market and explore opportunities in different countries.

(7) Career Growth and Opportunities:

Fintech is a rapidly growing industry, and there is a high demand for skilled professionals. Graduates with a Distance MBA in Fintech often find themselves in roles such as financial analysts, product managers, data scientists, blockchain specialists, and more, with opportunities to advance into leadership positions.

(8) Understanding Regulatory Landscape:

Fintech operates in a highly regulated environment. A Distance MBA in Fintech can provide you with insights into the legal and regulatory challenges faced by the industry, allowing you to develop compliant and secure financial solutions.

(9) Higher Earning Potential:

Due to the specialized nature of fintech and the increasing demand for skilled professionals, careers in this field often offer attractive remuneration packages and competitive salaries.

Eligibility Criteria for Distance MBA in Fintech

The eligibility criteria for a Distance MBA in Fintech may vary depending on the university or institution offering the program. A general outline of the typical eligibility requirements that are commonly observed:

(1) Educational Qualifications: Applicants should typically have a bachelor's degree in any discipline from a recognized university or institution. The field of study may not be restricted to a specific subject, but some universities may prefer candidates with a background in finance, economics, business, or related fields.

(2) Work Experience: While not always mandatory, some institutions may prefer candidates with prior work experience, especially in finance, banking, technology, or related fields. Work experience can strengthen your application and provide valuable insights during the course.

(3) Minimum Marks: Universities might have a minimum percentage or CGPA requirements for the bachelor's degree. This requirement can vary, but it is generally around 50% or above.

(4) Entrance Exams: Some universities may require applicants to take specific entrance exams, such as CAT (Common Admission Test), MAT (Management Aptitude Test), XAT (Xavier Aptitude Test), or other relevant entrance tests. These exams assess the candidate's aptitude for management studies.

(5) English Proficiency: For international candidates or those from non-English speaking countries, proof of English language proficiency may be required through exams like IELTS or TOEFL.

(6) Other Requirements: Depending on the institution, there may be additional requirements like submitting letters of recommendation, statement of purpose (SOP), and participating in a personal interview as part of the selection process.

Admission Process for Distance MBA in Fintech

The admission process for a Distance MBA in Fintech may vary depending on the specific institution offering the program. However, I can provide you with a general overview of what the admission process might involve. Please note that the process may have changed or evolved since my last update, so it's essential to visit the official website of the institution you're interested in to get the most up-to-date information. Here are the typical steps you might expect:

(1) Research and Choose a University/Institution: Begin by researching universities or institutions that offer a Distance MBA program in Fintech. Look for institutions with a good reputation and accreditation to ensure the quality of education.

(2) Check Eligibility Criteria: Review the eligibility criteria for the program. Typically, candidates must have completed their bachelor's degree from a recognized university with a minimum percentage or CGPA requirement. Some institutions might also require relevant work experience in the field of finance or technology.

(3) Entrance Exam: Some institutions may require candidates to take an entrance exam to assess their aptitude and knowledge in areas relevant to the MBA program. These exams may include sections on quantitative aptitude, logical reasoning, general awareness, and English proficiency.

(4) Application Form: Fill out the application form provided by the university or institution. This form usually requires personal details, educational qualifications, work experience, and other relevant information.

(5) Documents Submission: You will need to submit copies of your academic transcripts, degree certificates, proof of work experience (if required), passport-sized photographs, and any other documents specified by the institution.

(6) Statement of Purpose (SOP): Prepare a Statement of Purpose (SOP) outlining your academic and professional background, your reasons for pursuing a Distance MBA in Fintech, and your future career goals.

(7) Letters of Recommendation: Some institutions might ask for letters of recommendation from professors, employers, or other individuals who can attest to your capabilities and potential as an MBA student.

(8) Application Fee: Pay the required application fee as mentioned in the application form.

(9) Selection Process: Once your application is submitted and the necessary documents are received, the institution will review your application. Shortlisted candidates may be called for a personal interview, group discussion, or additional tests, depending on the institution's selection process.

(10) Admission Offer: If you successfully clear the selection process, you will receive an admission offer from the institution.

(11) Fee Payment and Enrollment: Upon receiving the admission offer, you will need to pay the required fees to secure your seat and enrol in the Distance MBA in Fintech program.

Skills Required for Distance MBA in Fintech

A Distance MBA in Fintech (Financial Technology) is designed to provide students with a comprehensive understanding of finance and technology integration. As with any MBA program, certain skills and qualities are essential to succeed and make the most of the opportunities presented. Here are some key skills required for a Distance MBA in Fintech:

Financial Acumen Entrepreneurial Mindset
Tech Savviness Regulatory Awareness
Analytical Skills Collaboration and Teamwork
Coding and Programming Problem-Solving Skills
Risk Management Customer-Centric Approach
Innovation and Creativity Ethical Awareness
Communication Skills Entrepreneurial Mindset

Entrance Exams for Distance MBA in Fintech

Admission to the Distance MBA FinTech program is based on applicants’ academic qualifications and entrance exam results. Here are some of the most common admission tests for students pursuing a Distance Fintech MBA in India:

CAT MAT
XAT GMAT
IGNOU OPENMAT NMAT

Fee Structure for Distance MBA in Fintech

A Distance MBA in FinTech program can cost from Rs. 80,000 to Rs. 3,00,000. While the cost of the course depends on which college you choose, most colleges that offer this online course also offer low-cost EMI or student loan options to allow more students to continue their education. With University Kart Compare you can compare the tuition fees of all online universities that offer this course.

Course Comparison of Distance MBA in Fintech

Two of the common degrees evaluated in the Distance Master’s Program in the table listed below on the basis of a few parameters:

Parameters Distance MBA in Fintech Distance MBA in Financial Markets
Course Name Distance Master of Business Administration in Fintech Distance Master of Business Administration in Financial Markets
Course Overview The program is designed to provide students with a comprehensive understanding of the intersection between finance and technology The program is designed to teach students how to properly invest and run a business to help them make the best possible evaluation and successful use of available funds or capital
Course Duration 2 Years 2 Years
Course Level Post Graduate (PG) Post Graduate (PG)
Eligibility Criteria Merit/Entrance Based Merit/Entrance Based
Admission Process Graduation with 45% to 50% in any stream Graduation with 45% to 50% in any stream
Course Fee INR 80,000 – INR 3 LPA INR 48,910- INR 86,941
Career Prospect Advisory Services, Financial Analysts, Business Analysts, Compliance Analysts, Quantitative Analysts, etc. Financial Analyst, Operations Manager, Business Analyst, Account Executive, Finance Manager, etc.
Average Annual Salary INR 6 – INR 20 LPA INR 5.25 LPA

Top Colleges of Distance MBA in Fintech

Listed below are some of the top Distance MBA in FinTech Colleges in India which offer the course:

Name of College Location
Symbiosis Centre for Distance Learning (SCDL) Pune
NMIMS Global Access School for Continuing Education (NGA-SCE) Mumbai
ICFAI University Tripura
Amity Directorate of Distance & Online Education (ADDOE) Noida
Annamalai University Tamil Nadu
Sikkim Manipal University Directorate of Distance Education (SMU DDE) Sikkim
Indira Gandhi National Open University (IGNOU) New Delhi
NarseeMonjee Institute of Management Studies (NMIMS) Global Access School for Continuing Education (NGA-SCE) Mumbai
IMT Distance and Open Learning Institute Ghaziabad
IGNOU School of Management Studies (SOMS) New Delhi

Jobs and Placements in Distance MBA in Fintech

The Distance MBA in FinTech is a program designed to bridge the gap between management and cutting-edge innovations in financial technology and its applications in banking, finance and insurance. Professionals looking to work in management in information technology or fintech fields may consider a Distance MBA in FinTech as an option.

It will provide students with a much-needed career boost in terms of earning potential and access to this growing field. Blockchain, design thinking, digital consulting, transaction systems, artificial intelligence and machine learning, equity crowdfunding, peer-to-peer financing and mobile payment systems will be explained, among other things.

Graduates of this course can secure well-paying careers with emerging FinTech start-ups, banks and non-bank financial companies. After completing a Distance MBA in FinTech, an individual can find employment in a variety of industries. The recent industrial revolution has led to rapid growth in the FinTech sector and new job prospects. Here are some salary distributions after completing a Distance MBA in FinTech:

Experience Average salary (INR)
Junior level 4.5 lakh per annum
Average 8.75 lakh per annum
Senior-level 23.5 lakh per annum

Top International Recruiting Companies who hire Distance MBA in Fintech graduates are:

UPLERS Talent place
PayPal robin hood
Korn Ferry Paytm
CRED Aspiration
Matrix Amazon
Walmart VISA
Accord FinTech Agile financial technologies

Job Profiles for Distance MBA in Fintech

Some of the famous expert avenues open to successful graduates of the Distance MBA in Fintech degree are indexed underneath:

Job Profile Job Description
Blockchain Experts & Developers A blockchain developer is a software developer who works in blockchain technology. A blockchain is a data storage solution that the public can use. Blockchain is the fastest-growing industry in FinTech, and Bitcoin was also developed using this technology.
App developers The job of an app developer is to use their knowledge in programming to develop software and applications. As the demand for online payments, and financial management has increased, there is also a demand for new apps. app developers work with coders and IT (Information Technology) teams to develop a required application.
Financial analyst The responsibility of a financial analyst is to forecast income and manage budgets. They analyze the company’s performance and help the management by making strategic decisions.
Data scientists The job of a data scientist is to turn raw data into valuable insights, which are required for organizations to grow. These individuals go through a large amount of data so they can design the required software.
Product Manager The responsibility of a product manager is to manage the entire cycle of product development. They are also responsible for identifying and selling potential FinTech products.
Cybersecurity experts Their responsibility is to provide security throughout the development stages of software systems. They look for risks and vulnerabilities in the software and hardware.
Compliance experts The job of a compliance expert is to make sure that a company follows standard rules and regulations. They must have extensive knowledge of the field and must enforce rules at all levels.
Risk control managers They are responsible for managing the risk to an organization, customer, shareholder, reputation, and assets. They assess the threats to an organization and make plans to avoid, transfer or reduce the risk.
Business Development Manager The job of a business development manager is to make a strategy focused on both customer satisfaction and financial gain. They conduct long-term research to identify present needs.
Data Specialist The responsibility of a data specialist is to transfer information from hardcopy to digital format. They make sure that the data is valid and is part of the entire converting process.

Scope for Distance MBA in Fintech

Upon completion of the program, graduates of a Distance MBA in Fintech are well-prepared to pursue various roles in the fintech industry, such as fintech product managers, technology consultants for financial institutions, financial data analysts, or fintech entrepreneurs. The comprehensive knowledge and skills gained through the program enable graduates to navigate the rapidly changing landscape of fintech, develop innovative fintech solutions, and contribute to the transformation of financial services.

Distance MBA in Fintech: Career Prospects

Networking opportunities are also an integral part of a Distance MBA program. Students have the opportunity to connect with professionals in the fintech industry, industry experts, and fellow students through online forums, virtual networking events, and professional social media platforms. These connections provide avenues for knowledge sharing, collaboration, and potential career opportunities in the exciting field of fintech.

A Distance MBA in Fintech offers professionals the flexibility to advance their understanding of the intersection between finance and technology while maintaining their work commitments. The program's comprehensive curriculum, flexible learning format, and networking opportunities make it an excellent choice for individuals seeking to enhance their career prospects in the dynamic field of fintech. Whether aiming for career growth in established financial institutions or aspiring to launch fintech startups, graduates of a Distance MBA in Fintech are well-equipped to excel in leveraging technology to drive innovation and disruption in the financial services sector.

FAQs on Distance MBA in Fintech

(1) What is a Distance MBA in Fintech?

Ans: A Distance MBA in Fintech is a postgraduate degree program designed to provide individuals with a comprehensive understanding of both financial management and the latest advancements in financial technology (fintech). It combines traditional MBA subjects with specialized courses in fintech, such as blockchain, digital payments, algorithmic trading, and data analytics.

(2) How is a Distance MBA in Fintech different from a regular MBA in Finance?

Ans: A Distance MBA in Fintech focuses on the intersection of finance and technology, specifically exploring innovations in financial services and digital transformation. In contrast, a regular MBA in Finance primarily concentrates on financial management, investments, risk assessment, and traditional financial concepts.

(3) What are the career prospects after completing a Distance MBA in Fintech?

Ans: Completing a Distance MBA in Fintech can open up various career opportunities in the financial services and technology industries. Graduates can work in roles such as fintech analyst, digital banking manager, blockchain consultant, financial technology product manager, or data analyst in finance.

(4) How long does it take to complete a Distance MBA in Fintech?

Ans: The duration of the program may vary from one institution to another, but typically, it takes around 1.5 to 2 years to complete a Distance MBA in Fintech.

(5) What are the eligibility criteria for admission to this program?

Ans: The eligibility criteria may differ between universities, but generally, applicants should have a bachelor's degree in any discipline from a recognized university. Some institutions may require work experience or specific qualifications in finance or technology-related fields.

(6) Are there any specific technical requirements for pursuing a Distance MBA in Fintech?

Ans: Since it's a distance learning program, you'll need a reliable internet connection, a computer or laptop, and basic knowledge of using online learning platforms.

(7) How are the classes conducted in a Distance MBA in Fintech?
Ans: Classes are usually conducted online through virtual classrooms, video lectures, live webinars, and discussion forums. Students can access study materials and assignments through the university's online learning platform.

(8) Is a Distance MBA in Fintech recognized and valued by employers?

Ans: The recognition and value of a Distance MBA in Fintech depend on the reputation of the institution offering the program. It's essential to choose a well-established and accredited university to ensure your degree is respected by employers.

(9) Can I pursue a Distance MBA in Fintech alongside a full-time job?

Ans: Yes, one of the advantages of distance learning is the flexibility it offers. Students can study at their own pace and manage their time effectively, allowing them to balance their job and studies.

(10) How much does a Distance MBA in Fintech cost?

Ans: The cost of the program can vary significantly based on the institution, country, and other factors. It's essential to research different universities and their fees before enrolling in the program.

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