Financial Technology is an emerging area which integrates Technology and Finance through seamless and efficient delivery of Financial Services using innovative and new Technology. It will change and disrupt the way business is done by banks, insurance firms, non-banking finance companies (NBFC), payment banks, stock trading and investment advisory firms. The course aims to build understanding as to how innovative technologies such as Blockchain, Artificial Intelligence, Internet of Things, Cloud Computing, Data Analytics using R and Python will enable firms to provide new solutions to consumers and investors. Students will develop an in-depth understanding about concepts like Insure-Tech, Peer to Peer Lending, Robo-Advisory, Algorithm Trading which aim to bring more efficiency and financial inclusion in the processes, delivery and outreach of the financial services sector.
This programme in FinTech will equip participants with the foundations to participate in these dialogues, develop requisite skill sets and attitude for exploring opportunities in FinTech sector and to shape their own FinTech ventures.
How does it address the need for transferable skills?
IILM PGDM in FinTech will enable students to straddle the management field with the cutting edge financial technology innovation and its applications the area of Banking, Finance and Insurance. Students will get ability to draft, strategize and develop disruptive financial innovations using the appropriate tools and techniques, and hypothesize about the effect new regulations will have on future commerce products. The Programme will enable students to have an in-depth understanding of the future of money, markets and transactions, as well as the mental tools and frameworks required to predict and leverage future trends in FinTech.
In every area of finance – payments, venture capital, currency, lending, wealth management, accounting, insurance – technological innovations are making processes faster, extending access to more people, and opening up new possibilities for business growth and value creation. The Programme will include all such innovations that are central to FinTech like block chain, digital advisory and trading systems, design thinking artificial intelligence and machine learning, peer-to-peer lending, equity crowd funding and mobile payment systems.
How does it meet contemporary demands and job opportunities?
The programme has been designed to equip participants with the ability to identify opportunities for disruption in the financial services sector, and enables you to both launch new FinTech ventures and harness new technology to build better financial services firms. and develop that idea. Various banks and others are developing new technology and its application to remain relevant. At the same time, firms like Paytm, MobiQuick, PayPal, Paytm are disruptive and opening job opportunities.
List of FinTech Electives
• Banking & Risk Management
• Financial Markets and Services
• Digital Innovation and Transformation
• Investment Analysis and Portfolio Management
• Financial Modeling
• Corporate Restructuring and Business Valuation
• Design Thinking & Creativity for Business
• Tools and Techniques for Data Analysis
• Big Data Analytics
• Crowdfunding and Applications in Entrepreneurial Finance
• Cybersecurity and Data Protection Laws
• AI and Machine Learning
• Sustainable Finance and FinTech