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Careers in FinTech 2023 after MBA & PGDM: A Complete Guide
Are you considering a career in FinTech after your MBA or PGDM degree? Do you want to know the career opportunities in FinTech and how to make yourself career-ready? This is the right place for you if you answered yes to these questions.
In recent years, the FinTech industry has been experiencing unprecedented growth, which has led to an increase in demand for skilled professionals in the field. Here in this blog post, we will provide a complete guide to careers in FinTech in 2023.
What is FinTech Sector?
FinTech is a blend of the words finance and technology. It is an industry that describes the intersection between finance and technology, which has led to the emergence of innovative financial solutions. FinTech encompasses various areas, including mobile payments, digital banking, cryptocurrency, and blockchain.
How to kick-start your FinTech career after MBA or PGDM?
Starting a career in FinTech requires a combination of skills, experience, and education. Here are some steps to follow to start your career in FinTech:
- Identify your area of interest: FinTech is a vast field, and it is essential to identify your area of interest. This will enable you to focus on building the necessary skills and experience in that area.
- Gain relevant skills: To work in FinTech, you must have relevant skills such as programming, data analytics, financial modeling, and digital marketing, among others. Consider taking courses or certifications to gain these skills. The top-ranked institutes offer an MBA in FinTech in Pune and across India.
- Get relevant work experience: Experience is critical in FinTech, and you should seek opportunities to work in the industry. This could be through internships, volunteering, or working on personal FinTech projects.
- Build your network: Networking is essential in FinTech, and you should attend conferences and events to connect with professionals in the industry.
How a degree in FinTech makes you career-ready?
Pursuing a degree in FinTech from the best MBA Colleges in Pune or India is an excellent way to gain the necessary skills and knowledge to launch a successful career in the industry. Here are some benefits of pursuing a degree in FinTech:
- Industry-relevant curriculum:
FinTech degrees are designed to provide students with industry-specific knowledge and skills. This ensures that graduates are job-ready and can hit the ground running.
- Hands-on experience:
Many FinTech degree programs offer practical learning opportunities such as internships, capstone projects, and simulations. This gives students hands-on experience, which is highly valued in the industry.
- Networking opportunities:
Pursuing a degree in FinTech provides students ample opportunities to network with professionals in the industry. This leads to better internship opportunities and job offers.
Best career opportunities in FinTech
In this section, we will elaborate on the top seven career opportunities in FinTech and the skills required for each role.
- Financial Analyst:
A financial analyst in the FinTech industry is responsible for analyzing financial data to provide insights into market trends and investment opportunities. They must have a strong understanding of financial markets and the ability to use data analysis tools.
- Risk Manager:
A risk manager in the FinTech industry is responsible for identifying and mitigating financial risks associated with the company's operations. They must have a deep understanding of financial regulations and risk management strategies.
- Compliance Manager:
A compliance manager in the FinTech industry is responsible for ensuring that the company complies with all relevant financial regulations. They must have a deep understanding of financial regulations and the ability to implement compliance policies and procedures.
- Finance Operations Manager:
A finance operations manager in the FinTech industry is responsible for overseeing the day-to-day operations of a financial company. They must have strong organizational and managerial skills, as well as a deep understanding of the financial industry and regulatory compliance.
- Product Manager:
A product manager in the FinTech industry is responsible for overseeing the development and implementation of new financial products and services. They must have a deep understanding of the market and consumer needs, as well as the technical skills to work with developers and designers to build products.
- Business Development Manager:
A business development manager in FinTech is responsible for identifying new business opportunities and partnerships, as well as managing relationships with existing clients. They must have strong communication and negotiation skills, as well as a deep understanding of the financial industry.
- Marketing Manager:
A marketing manager in FinTech is responsible for developing and implementing marketing strategies to promote financial products and services. They must have strong communication and creative skills, as well as a deep understanding of the target audience.
In conclusion, a career in FinTech offers several opportunities for professionals with diverse skill sets and backgrounds. By pursuing a PGDM or an MBA degree in FinTech, you can gain the necessary skills and knowledge to launch a successful career in the industry.
If you're looking for an excellent FinTech MBA program in Pune, India, the Pune Institute of Business Management (PIBM) is a great option to consider. PIBM offers an MBA in FinTech affiliated with Savitribai Phule Pune University, which covers a wide range of topics, including strategy management, cyber laws, and financial management. With a FinTech MBA from PIBM, you can gain the experience and skill set you need to excel in your career in FinTech.