Why FinTech & Financial Services?

FinTech has grown and evolved over the years. Since its inception as a back-office support function for banks, FinTech has evolved and become an essential part of today's businesses. According to the Global FinTech Adoption Index, before the pandemic FinTech adoption doubled every two years, but when the Global Pandemic struck, FinTech adoption accelerated even more than before. In 2020, FinTech became essential for business survival because it enabled the rapid migration to the digital payment systems.

JG University enables professionals and enterprises to succeed in the fast-changing digital economy. The University’s Blended Learning curriculum combines self-paced Classroom Interactions, Hands-on projects, Capstone projects, and Industry Internship with 24/7 global teaching assistance The following are some researches shared by global market research survey organizations regarding the trends for FinTech in certain industries.

Opportunities

The global FinTech market is expected to have a growth rate of 23.58% from 2021 to 2025 (Research and Markets, 2021)

Indian FinTech industry’s market size is $31 billion in 2021 and is estimated at ~$ 150 billion by 2025

FinTech market share across 48 FinTech unicorns is worth over 200 billion USD as of the first half of 2021

NASSCOM predicted that India’s FinTech software market alone could touch US$ 2.4 billion in recent times

India is amongst the fastest growing FinTech markets in the world and there are 6,636 FinTech startups in India

Industry Remuneration

Salary In India

The average salary varies from ₹ 6,00,000 to ₹ 24,00,000 per annum.

Salary In US

The average salary varies from 85,000 USD to 200,000 USD per annum.

Who Can Apply?

Programme Overview

This programme aims to enhance the understanding of students about the FinTech segment, the kind of products and services being offered, diversity of business models, market structure and changing competitive scenario, evolving regulatory environment, and changing customer dynamics. It addresses all areas of financial services – banking, asset management, payment, insurance, financial risk management and business decision-making. The course covers both the business and technology dimensions of financial services.

The 12 modules cover every aspect of FinTech & Financial Services. The curriculum includes two capstone industrial projects. The Capstone projects give the opportunity to work with professionals in a simulated environment to help relate to real-world challenges. Participants will be provided with Interview Guidance & resume workshop supported with MCQs & Mock Interviews. A dedicated Course counsellor and mentorship will be provided. Participants can apply their learning with two months Industry Internship.

The course is designed to facilitate learning in three parts:

Objectives

  • Familiarise participants with evolution of FinTech sector, application of technology in various financial services segments such as banking, asset management, payment, insurance, and risk management
  • Understand innovative technology-driven financial products, services, and business models of FinTech startups
  • Deep study of business and technology Use-Cases in FinTech domain and learn from the success as well as failures of FinTech startups
  • Understand the evolving regulatory environment when financial services businesses are increasingly driven by technology innovations
  • Make participants ready for employment in FinTech sector and groom them for start-ups
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Outcomes

Understand market structures, participants, regulations, and industry dynamics

Well versed with innovative products, applications, user interfaces, and business models of FinTech & Financial Services

Comprehensive knowledge about the future trends in FinTech & Financial Services

Ability to curate and execute start-up in FinTech & Financial Services

Gain introductory programming skills in the context of finance theory and application using Python and R platform. Appreciate the possibilities and boundaries of technology

Course Commencement

Delivery Mode

Offline

duration

Programme Duration

12 Months

Key FinTech usages in the Global Market

Cashless Payments

Payment wallets such as Google Pay, Paytm etc.

Crowd Funding Platforms

Helping people in raising money online for a cause

Robo Advisory

Financial advisor providing the financial investment advice with limited human intervention

Virtual Currencies

Unregulated digital money used in transactions such as Bitcoin.

Blockchain

Blocks consisting of a list of transactional records that are linked using cryptography

Asset Management

Digital management of both tangible and intangible wealth and assets

Job Opportunities

  • Application developers
  • UI/UX Designers
  • Product Managers and Business Analysts
  • Data Engineers
  • Customer support staff, FinTech style

Key Industry Verticals FinTech is prominent

Government

Government and public sector services

Manufacturing and Production

Manufacturing and Production Industry

Information Technology

Information Technology, ITeS

Banking and Finance

Banking and Finance

Hospitality

Hospitality

Educational

Educational sectors

Logistics

Transportation, Logistics & Supply Chain

Entertainment

Entertainment

Programme Outline

MODULE 1: Introduction to Money, Banking and Finance

  • Understanding the demand and supply of money and the uses of finance
  • Apply the acquired learning with Hands-on sessions

MODULE 2: Understanding Financial Service Industry and Business Models

  • Understanding the overall Financial Service industry, which comprises of banks, non-banking financial companies (NBFCs), insurance companies, and asset management along with their business model
  • Apply the acquired learning with Hands-on sessions

MODULE 3: Understanding Financial Markets and Stakeholders

  • In-depth knowledge of the financial markets covering topics such as introduction to Capital Markets, Stakeholders ,Intermediaries and Usage of technology in Financial Markets and recent innovations in Financial Markets
  • Apply the acquired learning with Hands-On sessions

MODULE 4: Global Digital Banking Landscape

  • Comprehensive understanding of digital banking and financial services in a global landscape
  • Apply the acquired learning with Hands-on sessions

MODULE 5: Core Financial Technologies in Banking

  • Comprehensive study of core financial technologies in Banking covering topics like Retail focused systems, Corporate focused Systems, Enterprise-Level Systems and Electronic Payments and Settlement Systems in India
  • Apply the acquired learning with Hands-on session

MODULE 6: FinTech applications and Use-Cases in Indian banking industry

  • Comprehensive study of different FinTech applications in the Indian Banking Industry covering topics such as Customer Related FinTech, Payment & Remittances and Processes
  • Apply acquired learning using Industry Use-Cases

Capstone Project 1 Based On Above Learning

MODULE 7: Core Technologies in Asset Management Industry

  • In-depth understanding of Core Technologies in Asset Management Industry covering topics like Retail customer systems and Enterprise Management Systems
  • Apply the acquired learning with Hands-on session

MODULE 8: FinTech in Asset Management

  • Comprehensive understanding of how FinTech plays role in Asset Management
  • Apply acquired learning using Industry Use-Cases

MODULE 9: Core Technologies in Insurance

  • In-depth understanding of Core Technologies in the Insurance Industry covering topics like Retail customer systems, Enterprise Management Systems
  • Apply the acquired learning with Hands-on sessions

MODULE 10: FinTech in Insurance

  • Comprehensive understanding of how FinTech is shaping the Insurance Industry
  • Apply acquired learning using Industry Use-Cases

MODULE 11: FinTech in Risk Management

  • Comprehensive understanding of managing risks in financial services using technologies
  • Implement acquired learning using Industry Use-Cases

MODULE 12: Leveraging data analysis methods and tools for business decision making

  • Detailed understanding on use of different Business Statistical tools and Data Analytical methods in the FinTech Industry to make better business decisions
  • Implement acquired learning using Industry Use-Cases
  • Comprehensive knowledge about the future trends in FinTech & Financial Services

Capstone Project 2 Based On Above Learning

Faculty

mayank-patel

Mr. Mayank Patel Associate Professor in FinTech & Financial services

Mr. Mayank Patel has 21+ years of experience in Banking, Financial Services, Technology Business Incubation, and Academics. Mr. Patel is a distinguished academician with subjects of interest are Financial Markets, Behavioral Finance, Risk Management, and Quantitative methods. Mr. Patel’s broad areas of expertise include FinTech, Investment Research, Corporate Finance, and Financial Derivatives. Mr. Patel apart from being an avid supporter of start-ups, is a keen follower of geopolitics, political economy, and development in education.

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Why JG University?

  • Faculties with Industry Expertise and Academic Experience
  • Hand-on Industry Use-Cases using advance technologies in Digital Lab
  • Capstone Projects – Working with Industries
  • Full-Time access to “Cyber Bay” Cyber Range
  • State-of-the-art Industrial IoT Lab with Drone technology experience
  • World Class Tech-Enabled Digital Library
  • Cross Cultural & Cross Sectoral Internship
  • Collaboration with Foreign Universities
  • Roof Top Cafeteria

Admission Process

Our Admission process enables us to meticulously give importance to every individual applying. The admission of the applicant will majorly be based on our admission process scores.