Bachelor of Science in Finance Technology

Program Objectives: 

Financial Technology (FinTech) is a rapidly growing industry that uses technology to improve activities in finance. It has been disrupting the traditional delivery of financial services through rapid integration of technology, algorithms, data and mobile applications.  Today, FinTech is considered to be one of the most important industries in the global economy, with over 50 billion USD of investment in start-up companies in 2018 alone, the largest skills gap with 1.5 million positions created, and the highest paid salaries. FinTech has brought an unprecedented demand for professionals with advanced skills in finance, mathematics, programming, analytics, data science, applied statistics, and regulatory and compliance.

BS in FinTech Guided Curriculum | FinTech Curriculum Courses

What can this program offer?

This degree program not only includes traditional finance coursework, but also provides an in-depth knowledge and understanding of the theories and evolution of FinTech, data-driven financial modeling, financial data mining and machine learning, financial data analytics, and new innovations in the financial sector, including AI, blockchain, cloud computing, machine learning, etc. The primary goal of the program is to develop students who have the necessary skills and knowledge to pursue competitive professional and academic careers.

Who is it for?

This program is designed for students who are interested in applying modern tools to improve financial activities, design new applications, processes, products or business models related to financial services. Students should anticipate the acquisition of skills, knowledge, and professional training that enable them to pursue careers in finance, technology, and entrepreneurship such as investment banking, international finance, commercial banking, sales and trading, information technology, social entrepreneurship, etc.

What are Potential Career Prospects in FinTech?

There are various career paths one may pursue after completing the FinTech program.  In particular, careers in finance, technology, and entrepreneurship such as investment banking, wealth management, international finance, commercial banking, insurance, information technology, social entrepreneurship, etc. are vocations within the scope of this program. Graduates may work for FinTech startups as well which concentrate in alternative lending, cryptocurrency management and trading, blockchain technologies, open banking, insurtech, Robo-advisement, machine learning and data mining applications and cybersecurity. Some may work for traditional financial services companies, which are in need of staff with technical skillsets to improve existing business practices and/or develop new processes related to technological innovations.

Learning Outcomes: 

• Students will demonstrate knowledge of business.
• Students will demonstrate an ability to analyze concepts, to apply these concepts to solve business problems and use quantitative methodologies as tools to solve business problems.
• Oral communication: Students will demonstrate the ability to deliver effective presentations enhanced by technology.
• Written communication: Students will demonstrate the ability to write clear and concise reports.
• Students will demonstrate the ability to search databases, locate, use and properly cite relevant information.
• Students will demonstrate the ability to understand and use team building behaviors to accomplish group tasks.
• Students will demonstrate the ability to identify ethical dilemmas and make decisions grounded in ethical principles.
• Students will demonstrate the ability to use technology for effective project management.
• Students will demonstrate an understanding of the global context in which business is conducted.

https://www.njit.edu/academics/degree/bs-financial-technology