MBA in Financial Technology: Courses, Admission, Syllabus, Colleges, Eligibility, Entrance Exam, Career Scope and Salary

(1). About the Course

MBA in Financial Technology regularly referred to as MBA FinTech, is a brand new specialized interdisciplinary curriculum aimed at producing a workforce with the facts and know-why skills required to extrude and manage Fintech technology. This program is designed for graduates who want to work in Financial Technology, Big Data Analytics in Data Science, and Artificial Intelligence, as properly as folks who need to develop their careers, especially engineers, mathematicians, physicists, laptop programmers, undergraduates in enterprise and commerce, and different high-tech professionals.

The curriculum or syllabus furnished for postgraduate college university college students taking MBA Fin tech is designed to assist them to put together and plan their educational sports at some point in the route term.   Graduates with an MBA Fin Tech degree may expect to make INR 4,50,000-8,70,000 per year on average, with the potential to earn INR 21,00,000-25,00,000 per year.

Admission to MBA Fin Tech packages in India is primarily based totally on advantage and front examination results. Aspirants need to have a bachelor's diploma in an applicable discipline of take a look at with at least 50%-60% combination marks, as nicely as admission examination scores, along with CAT/GMAT/XAT/NMAT/MAT/and others and different key eligibility situations, particularly through the university.

BirlaInstitute of Technology and Science, DY Patil International University, Pondicherry University, IILM University, ITM University, Indira Gandhi NationalOpen University (IGNOU), Jain University Online and other major business schools in India outside of the MBA program FinTech.

Furthermore, the scope and profession possibilities for MBA FinTech graduates are continuously expanding, giving aspirants the choice of pursuing better training with inside equal discipline or deciding on a profession from a pool of various activity possibilities such as Advisory Services, Financial Analysts, Business Analysts, Compliance Analysts, Quantitative Analysts, Data Scientists, Block-chain Experts & Developers, Product Managers, and more.

Course Highlights

Here is a quick rundown of some of the most important features and facts about MBA Fin tech courses:

Particulars	Value
Course Name	Master of Business Administration in Financial Technology
Course Level	Postgraduate
Course Duration	2 years
Course Mode	Full Time, Part Time, Distance Learning, Online
Eligibility Criteria	Aggregate Percentage Required for Admission 50%-60% in bachelor’s degree
Admission Process	Entrance test + Merit-based
Examination Type	Semester-based
Entrance Exams	CAT,/*9, XAT, GMAT, NMAT, MAT, Other Entrance Exams
Average Annual Fee	INR 4,50,000-15,00,000
Average Annual Salary	INR 6,00,000-20,00,000
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 Profile	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

Why study an MBA Fintech Course?

FinTech or Financial Technology collects and analyses facts in real-time and is taken into consideration a financial revolution. It has changed how businesses and banks and financial organizations handle financial services. MBA Fin tech offers solutions that benefit organizations, particularly those that are new and small. An MBA Fin tech program blends technology with economic trends to discover novel methods to disrupt and enrich the financial industry.

An MBA Fin tech diploma has several advantages and many of the highest compelling motives to pursue this progressive and trending MBA software are mentioned below.

(1). Career Transformation

Learning is a crucial talent that most businesses seek in potential candidates to advance their careers. Because the notion of Fin Tech is still relatively new, few people in the market have an MBA Fin Tech degree. Knowledge of FinTech can help them make better decisions and contribute to the organization's success. Employers value an MBA in Financial Technology as a useful asset that can give them a competitive advantage over other candidates applying for the same position.

(2). Fin Tech Careers and Graduate Jobs

Since MBA Fin Tech is any such booming industry, there are numerous process potentialities and professional alternatives to be had for graduates. After receiving an MBA Fin Tech degree, candidates can specialize in one of the most current fields of finance, analyzing blockchain applications, virtual currencies, gadget learning, and Big Data. Cyber security, Blockchain, Compliance and Risk, Quantitative Analytics, and Artificial Intelligence are a number of the pinnacle Fin Tech careers for graduates. FinTech has advanced over the years, and graduates can now pick to paintings in tech-centered regions or a number of different fields which includes operations, marketing, and sales.

(3). The FinTech Industry is Seeing Rapid and Consistent Expansion

FinTech is a thriving commercial enterprise all over the world, which include India. Despite extraordinary worries approximately moving markets, the Fin Tech enterprise has grown year after year. The international Fin Tech marketplace is really well worth greater than USD two hundred billion. This enlargement has made Fin Tech a famous process desired by the latest graduates. A FinTech master's diploma offers experts a head beginning in this dynamic industry.

(4). Engaging Environment

The FinTech industry is at the forefront of the digital revolution, creating an exciting and dynamic work environment. FinTech leaders are disruptive, and as Fin Tech professionals, individuals will have the opportunity to advance within the company and learn from innovative minds. Individuals also seek to improve the way the world manages money, shifting society away from old - and often antiquated - banking techniques and toward a more innovative, efficient future.

(5). Being Up to Date with the Latest Technology

We live in a world where technology is constantly evolving. As a result, staying current on these improvements is critical. Freshers with no prior understanding of this industry, as well as those looking to expand their existing knowledge and skills, might pursue Fin Tech credentials. Whether they are finance professionals or work in a different department of a financial organization, staying up to date on the newest Fin tech trends is essential to make smarter judgments.

(6). No Middlemen

Almost every company activity is being automated by technology, removing the need for human interaction in routine operations. With everything in the financial sector becoming computer-based, an MBA Fin Tech course is required to fully utilize technology. With businesses becoming more reliant on technology and online tools, Fin Tech and its innovations are undoubtedly the way of the future. Fintech has diminished the function of the banking sector and is on its approach to fully replacing it.

(2). Admission Process

Admission to MBA Fin Tech programs in India is based on merit and entrance exam results. Aspirants must have a bachelor's degree in a relevant field of study with at least 50%-60% aggregate marks, as well as admission exam scores, such as CAT, GMAT, XAT, NMAT, MAT, and others, and other key eligibility conditions as specified by the university.

Types of MBA Fin Tech Courses

MBA stages are to be had in a number of formats, ranging from full-time to online ranges that can be finished from the consolation of one’s very own home. Each fashion of MBA presents the possibility to advantage a complete knowledge of enterprise and FinTech, however, which has to someone pursue? Here is an overview of the various types of MBA Fin Tech programs available:

(1). Executive MBA

Executive MBA programs are designed for mid-career professionals who want to advance into leadership positions. Because there is a strong emphasis on the experience that each student brings, the MBA Fin Tech programs require at least 5 years of work experience before applying. Part-time EMBA programs are typically taught in the evenings or on weekends. This allows students to continue working and instantly apply their knowledge and abilities in their business as they progress.

(2). Two-Year Full-time MBA

One of the most prevalent MBA programs is a two-year full-time program. Enrolling in a two-year MBA Fin Tech program allows individuals to hone their essential business abilities while delving into specialized themes. The first 12 months will cowl essential subjects inclusive of strategy, communication, finance, and marketing. During non-compulsory modules and consciousness intervals in 12 months two, college students can even have the possibility to pay attention to subjects of their choice. They may also have the possibility to take part in a summertime season internship, which could every so often cause full-time employment to provide following graduation.

(3). Part-Time MBA

If candidates want to study for an MBA but do not want to spend time away from their job, a part-time MBA Fin Tech may be the ideal choice. Part-time MBA programs give working professionals the freedom to design a curriculum that fits their schedule. Students frequently complete their degrees over a long period, ranging from 2-5 years or more. Alternatively, candidates can enroll in MBA Fin Tech with a weekly schedule of evening or weekend classes, allowing them to complete the program.

(4). Online MBA

Online MBA programs allow students to earn degrees from the comfort of their own homes, anywhere in the world. Online MBA Fin Tech programs will cover the same subject as conventional MBA programs and will be taught by the same faculty. They do, however, have the added benefit of providing a flexible learning environment. Students can complete lessons when it is convenient for them and study for a prolonged length of time, similar to a part-time program.

Eligibility Criteria

To be admitted to the MBA Fin Tech program, students must meet the basic eligibility criteria. These are the eligibility requirements:

(ii). Aside from that, students must pass an MBA entrance exam such as the CAT, XAT, GMAT, NMAT, MAT, etc. with a high score to be admitted.

(iii). There is no upper age limit for entrance to any management program like MBA FinTech.

Admission Process

MBA admission in India is a four-step process in all major MBA universities and colleges. These four steps of the MBA admission process apply to all MBA programs, including the MBA Fin Tech course. Students should be aware that top-tier business schools in India use a rigorous screening procedure to choose the best applicants.

Step 1- Register for the Entrance Exam and Apply

Admission to top MBA colleges for MBA Fin Tech begins in the first week of August/September and ends in the final week of November. Candidates seeking admission to top MBA programs should register and apply for the applicable MBA entrance exam, such as CAT/XAT/NMAT/GMAT, during the registration window.  Most national-level MBA entrance tests, such as the CAT and XAT, close registration in September and November, respectively.

Step 2- Appear in Any of the Entrance Exams

Those who want to pursue a management course PGDM/MBA program specialized in Financial Technology from top MBA colleges must appear in CAT, XAT, NMAT, or any other applicable front examination this is appropriate with the aid of using schools and enterprise colleges presenting MBA FinTech in India.

Step 3- The Selection Process

After the MBA exam results are announced in January, most of the top business schools will shortlist the qualified candidates for the final admission round based on exam scores, academics, diversity, work experience, and other parameters as determined by the respective B-school admission policy and weightage. Each business school or college completes the process on its own.

Step 4- Final Admissions Process

All shortlisted applicants might be required to take part in a Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI). Some B-colleges moreover carry out GD and Extempore earlier than the PI round, while others do GD-PI. Some schools additionally administer Psychometric checks to pupils. The very last benefit listing can be organized and admission gives for the MBA Fin Tech software can be made primarily based totally on their overall performance inside the very last choice round, weightage granted to front scores, instructional profile and diversity, paintings experience, and gender diversity.

Accepted Entrance Exams

As formerly indicated, admission to MBA Fin Tech publications relies upon applicants' undergraduate stages and the consequences of the doorway exams. The following are a number of the maximum not unusual place admission checks for college kids intending to pursue an MBA in Financial Technology in India:

IGNOU OPENMAT	CAT
XAT	MAT
GMAT	SNAP
NMAT

Note: Admission could be primarily based totally on the rating or rank attained inside the front exam, in addition to a non-public interview and organization discussion.

Skills Required

Required skills for the MBA Financial Management program are provided in the table given below:

Communication skills	Strong quantitative skills	Leadership qualities and team player
Finance knowledge	Trustworthy and dependable	Ability to perform well under pressure
In-depth knowledge of block-chain	An interest in numbers	Critical thinking and pulse on the business
Analytical skills	Motivated and ambitious	Data interpretation and analysis skills
Coding and programming skills	Soft skills	Handle multiple tasks and the ability to take criticism lightly
Knowledge about cyber security	Team working skills	Problem-solving skills

Fee Structure

MBA Fashion Designing is a postgraduate management course for two years consisting of four semesters. The common MBA in Fashion Designing prices tiers from INR 1,00,000-6,00,000 PA. Some of the MBA in Fashion design colleges are listed below according to their fees structure:

Name of College	Average Annual Fee(INR)
BITS Pilani	INR 55,000
IIM Indore	INR 2,00,000
IIM Calcutta	INR 3,75,000
SP Jain Global Management	INR 2,00,000-3,00,000
IIM Lucknow	INR 24, 000

Selection Criteria

With merit-based selection, candidates are selected based on their academic performance during their graduation exams. For admission-based selection, students must take the entrance exam. Once candidates are qualified, they can be admitted to any further admissions phase. Additional admission levels vary from college to college.

(3). Course Comparison

MBA in Fin tech v/s MBA Finance

The MBA in Fin tech complete shape is a Master of Business Administration in Financial Technology, and it's far generally geared toward students those who are interested in rapid career progression in the Technology practice, as well as a comprehension of its components.  The table below showcases the differences between MBA in Fintech and MBA in Finance:

Parameter	MBA Fintech	MBA Finance
Course Name	Master of Business Admission in Financial Technology	Master of Business Administration in Finance
Course Overview	MBA in Financial technology is an emerging field that aims at improving the financial industry by using technology.	MBA Finance is a two-year postgraduate direction pursued with the aid of using individuals who need to make a profession in economic management.
Course Duration	2 years	2 years
Eligibility	Aggregate Percentage Required for Admission 50%-60% in bachelor’s degree	50% Marks in Bachelors Degree
Average Annual Fee	INR 4,50,000-15,00,000	INR 1,10,000-7,00,000
Average Annual Salary	INR 6,00,000-20,00,000	INR 7,00,000-15,00,000
Top Colleges	BITS Pilani, IIM Calcutta, IIM Lucknow, and SP Jain Global Management offer online courses	NMIMS, SP Jain Institute of Management and Research, International Management Institute, IIM Bangalore, IIM Calcutta
Top Recruiters	HDFC, JP Morgan, ICICI, Goldman Sachs, HSBC	Paytm, PayPal, Robinhood, CITI, Korn Ferry
Job profiles	Blockchain Developer, Apps Developer, Financial Analyst, Product Manager, Compliance Expert, Cybersecurity Analyst, Quantitative Analyst, Business Development Manager	Corporate Analyst, Accounts Manager, Executive Assistant, Marketing Analyst, Marketing Manager, Finance Manager, Cashier, Investment Banker, Business Analyst,

(4). Top Colleges

Here is a list of some of the most well-known and prestigious universities in India that provide MBA Fin Tech programs to students:

Name of College	Average Annual Fee(INR)	Location
MIT-SOB	INR 5,00,000	Pune
Sri Sri University	INR 1,65,000	Odisha
K J Somaiya Institute	INR 3,00,000	Mumbai
Vignan's University for Science, Technology & Research	INR 1,70,000	Andhra Pradesh
Xavier Institute of Social Service	INR 1,00,000	Ranchi
Online Manipal	INR 1,50,000	Sikkim
GITAM Institute of Management	INR 3,00,000	Visakhapatnam
SCMS School of Business	INR 5,00,000	Kochi
NMIMS	INR 3,00,000	Mumbai
Indira Gandhi National Open University	INR 37,800	Delhi
Birla Institute Of Technology And Science	INR 1,00,000	Pilani
MIT World Peace University	INR 3,90,000	Pune
IPE	INR 5,00,000	Hyderabad
Delhi School of Business	INR 4,38,000	New Delhi
NIBM	INR 3,00,000	Pune
Taxila Business School	INR 1,00,000	Jaipur
Pune Institute of Business Management	INR 7,95,000	Pune
Chandigarh University	INR 5,96,000	Chandigarh
Jain University	INR 12,00,000	Bengaluru
D. Y. Patil International University	INR 8,00,000	Maharashtra
ITM University	INR 10,45,000	Madhya Pradesh
KL University	INR 10,00,000	Andhra Pradesh
SPJIMR	INR 5,00,000	Mumbai
Pondicherry University	INR 32,000	Pondicherry
LBSIM	INR 3,00,000	Delhi
IILM University	INR 8,10,000	Gurugram

(5). Job & Placements

Students who entire this path may be capable of stable a high-paying profession inside the increasing FinTech startups, banks, and non-banking monetary enterprises. After finishing an MBA Fin Tech degree, a character can discover employment in numerous businesses. The present-day commercial revolution has ended in an exponential enlargement inside the FinTech business, as have task prospects.

Job Profiles

The following are some job opportunities available after completing an MBA in FinTech:

Job Profile	Job Description
Data Scientists	An information scientist's function is to convert uncooked information into significant insights that corporations want to grow. These people sift thru a huge quantity of facts so that it will lay out the important software.
Business Development Manager	A commercial enterprise improvement manager's intention is to set up a plan that specializes in each customer's pleasure and economic gain. Long-time period studies are carried out to find out cutting-edge demands.
Compliance Experts/Analysts	A compliance expert's role is to ensure that a corporation complies with conventional norms and regulations. They must be well-versed in the field and must enforce norms at all levels.
Product Manager	A product supervisor is liable for overseeing the entire product improvement cycle. They also are in fee of figuring out and advertising and marketing destiny FinTech products.
Data Specialists	A records specialist's activity is to transform facts from hardcopy to virtual format. They make sure that the statistics are accurate and are concerned with the complete changing process.
App Developers	An app developer's task is to apply their programming information to create software programs and applications. As the call for online bills and economic control has grown, so has the preference for brand-new apps. App builders collaborate with coders and IT (Information Technology) groups to create an important application.
Risk Control Managers	They are in rate of danger control for a firm, its customers, shareholders, reputation, and assets. They examine an organization's threats and devise methods to avoid, transfer, or mitigate the risk.
Financial Analysts	A monetary analyst's activity is to forecast profits and control budgets. They compare the company's overall performance and recommend control on strategic decisions.
Blockchain Experts & Developers	A blockchain developer is a software programmer who specializes in blockchain technology. A blockchain is a publicly accessible data storage method. Blockchain is the fastest-growing FinTech business, and Bitcoin was created utilizing this technology.
Cyber security Experts/Analysts	It is their responsibility to make certain software program device protection in the course of the improvement process. They look for flaws and risks in software programs and hardware.

Top Recruiters

The top Fin Tech recruiters are as follows:

TCS	Aspiration	Accord FinTech
Big Bazaar	Bajaj General Insurance	NESTLE
TVS Motors	Global Data Research	Oyo Rooms
VISA	HDB Financial Services	PayPal
Walmart	Amazon	robin hood
UPLERS	HDFC Group	SBI Card
ITC	ICICI group	Ramco Cements
Walmart	Agile financial technologies	Paytm
Aarvee Associates	Invesco	Rane Industries
CRED	Korn Ferry	Talent place
Flipkart	Matrix	Reliance Trends
Bandhan Bank	Aegis	Swiggy
Cholamandalam Investment & Finance	Muthoot Fincorp	Reliance General Insurance
Future Supply Chain Solutions	Naukri.com

Average Salary

Graduates with an MBA Fin Tech degree can expect to earn a starting salary of INR 4,50,000-8,70,000 per year, with the potential to earn INR 23,00,000-25,00,000 per year. In general, different job descriptions will pay varying amounts. Aspirants should keep in mind that this payment is not fixed and may vary depending on a variety of factors. The compensation of a graduate is impacted by factors such as designation, education level, experience, and location. The table below shows the average starting pay for MBA Fin Tech graduates in India:

Job Role	Average Annual Salary(INR)
Data Specialists	INR 4,00,000-5,00,000
Business Development Manager	INR 6,00,000-8,00,000
Compliance Experts/Analysts	INR 10,00,000-11,00,000
Risk Control Managers	INR 12,00,000-14,00,000
Blockchain Experts & Developers	INR 6,00,000-8,00,000
App Developers	INR 4,00,000-6,00,000
Financial Analysts	INR 5,00,000-6,00,000
Data Scientists	INR 10,00,000-12,00,000
Product Manager	INR 16,00,000-18,00,000
Cyber security Experts/Analysts	INR 11,00,000-13,00,000

(6). Career/Scope

MBA in FinTech is a program designed to bridge the gap between management And modern monetary era innovation and its packages in banking, finance, and insurance. Professionals who choose to artwork on top of things inside the data era or financial sectors can bear in mind taking an MBA in Financial Technology as an option. It will offer college students the much-wanted professional raise they require in phrases of income ability and gaining access to this quickly evolving field.

This will give an explanation for blockchain, layout thinking, virtual advising, buying and selling systems, synthetic intelligence and device learning, fairness crowdfunding, peer-to-peer financing, and cellular charge systems, amongst different Fin Tech advances.

Career options after the MBA in Fin Tech Management Course

There are vast career opportunities after an Online MBA in Fin Tech Management. As this field is not explored much, the job positions are new, and there is a scope for increasing these fields.

So, below are the fields in which one can find their desired job in Fin Tech Management.

Crowdfunding	Data Analysis	Payments
Blockchain and Cryptocurrencies	Cyber Security	Money Transfers
Peer to Peer lending	Billing	Wealth Tech and Robo Advisors
Mobile App Development	Artificial Intelligence and Machine Learning	RegTech
Data Science

Scope for Higher Studies

Graduates of the MBA Fin Tech applications can constantly maintain their schooling with inside the equal field. Students who complete this course may pursue the following short-term, postgraduate, or doctorate courses:

(ii). Quantitative Finance Course

(iii). Financial Risk Management

(iv). Financial Planning And Services

(v). Ph.D. in Management

(vi). MPhil in Management

(vii). Certified Financial Planner (CFP)

(viii). Chartered Financial Analyst (CFA)

(ix). NCFM Certifications

(x). Company Secretary (CS)

(xi). Chartered Alternative Investment Analyst

(xii).Executive Program in Algorithmic Trading

Skills that make you the Best MBA Financial Technology Graduate

As financial technology is used by all industries in this age, aspirants apply to transform them from wannabe brutes into wannabe financial technology professionals. Some of the skills MBA students in Financial Technology must have:

(ii). Interpersonal Skills

(iii). Business Intelligence

(iv). Industry-specific knowledge

(v). Logical Reasoning

(vi). Time Management

(vii). Innovation Ability

(7). FAQs

(1). What is MBA in FinTech?

(2). What is the course duration of the MBA in Fin tech course?

(3). What is the average fee for an MBA Fin Tech course?

(4). What is the average salary after doing an MBA Fin Tech course?

(5). What are the eligibility criteria to pursue an MBA Fin Tech course in India?

(6). Is an understanding of AI required after an MBA Fin Tech course?

(7). What are the MBA Fin Tech Programme’s Educational Objectives?

(8). What are some of the Machine Learning applications used in the Fintech Industry?

(9). What is the role of Data Science in the FinTech industry?

(10). How does the MBA Fin Tech program meet contemporary demands and job opportunities?

(11). Who should pursue an MBA Fin Tech course?

(12). What is the difference between MBA in Fin Tech and MBA in Finance?

(13). What is the future scope of FinTech?