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Benefits Of Learning About Technology Application In Finance Operations

Submitted by vignanonline on Tue, 09/13/2022 - 07:04
Benefits Of Learning About Technology Application In Finance Operations

FinTech, short for Financial Technology, refers to the combination of finance and technology that is used to enhance business operations using financial services. This revolutionary sector has disrupted the world of banking by creating innovative ways to handle and expand the universe of money. Companies, regardless of their size, understand the value Fintech could bring to their company and are always looking to advance their financial operations.

Therefore, there has been a high demand for Fintech professionals who excel in problem-solving skills and give close consideration to detail. And anyone with a high-level Fintech degree can only expect respectable jobs with high salary potential. To meet this demand, many online universities are offering accessible Fintech courses so the learners can upgrade their knowledge and skills to become job-ready.

Online MBA in Fintech: The best course for Fintech aspirants?

An online MBA Fintech course builds a thorough understanding of the application of technology in financial markets and equips them with innovative technologies to transform the way we transact. They can secure their prospects and also help in the country's development by making payments easier, faster, and safer.

Once the course is completed, the aspirants gain soft skills such as problem-solving, teamwork, analysis, closer attention to detail, programming, and financial knowledge. It will make them specialists in the industry, enabling them to either start a new career early or apply it to jobs and other areas of life.

Benefits of Learning About Technology Application in Finance Operations:

Let us look into how financial technology studies can increase the chances of securing an excellent job in this fast-growing sector.

Competitive Edge

The Fintech industry is a large sector, but there aren’t enough skilled resources. Hence, a degree in this highly competitive course makes learners stand out from the crowd and immediately prioritized and recruited by organizations. Being able to innovate and understand the business processes of the company will only upgrade their skills and make them more productive.

Therefore, an online MBA Fintech course not only gives them a competitive edge over others but also gives their resume another skill that makes it hard for the recruiters to reject the application. In addition, learners will be well-armed with technology, deal with problems and lead from the front, adding more credibility to their profile.

Work With Latest Technology

Today, organizations in almost every sector use technology to complete their daily tasks. Technology has helped them transform their business and create better financial operations, making the Fintech industry evolve at a rapid pace. After every few months, we can see the introduction of new technologies to automate work and make financial operations seamless.

Hence, Fintech courses give a perfect opportunity to learn the latest technology and learn how to implement them into the business to improve its efficiency. It can be pursued by freshers or those who wish to upgrade their existing knowledge and skills to give their resume an edge. In addition, they learn to identify future trends that occur in the industry, a factor that business leaders highly appreciate.

Career Booster

Since Fintech is a fairly new field, there are not many individuals in the market who have the required knowledge and skills to specialize in it. This is why there are plenty of job opportunities and career paths in this sector, making it the perfect time to learn financial technology studies. Professionals looking for a meaningful change or a fresher who wants the right head start to his career can highly benefit from learning about technology application in finance operations.

With over 50,000 job vacancies and an average starting salary of 6 LPA, the industry is actively looking for skilled talent as it is expected to grow at an annual rate of over 25% over the next five years. So, a degree in online MBA Fintech not only gives an upper hand against competitors in a similar position but also helps to boost their career and achieve targets sooner than before.

High-Paying Job Roles
  • Blockchain Expert & Developer
  • Financial Analyst
  • Product Manager
  • Cybersecurity Analyst/Expert
  • Risk Control Manager
  • Data Analyst/Scientist
  • App Developer
  • Compliance Expert


  •  
Engaging & Innovative Environment

The Fintech sector is constantly revolutionizing, making for an exciting and engaging work environment. And as a Fintech professional, it gives the advantage of learning from an organization full of innovative thinkers and allows them to be at the center of innovation. They can gain relevant knowledge and gain career opportunities with the confidence to lead more innovative projects.

Moreover, the benefit of learning about technology application in finance operations is that they help in understanding the technological innovations so they can be applied for better use in the organizations, making way for a more efficient and creative future.

Conclusion

We are living in an age of constant technological and financial advancements. So, pursuing online MBA Fintech courses will be a career booster and upgrade you with the latest developments in the field of financial technology. Whether you are a fresher with no prior knowledge, an entrepreneur, or a professional, update yourself with financial technology studies alongside your work and be exposed to a dynamic and ever-changing environment with high salary potential.

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FAQs

1. Is the Online Program offered by Vignan's Foundation for Science, Technology and Research (Deemed-to-be University) recognized?  

Yes, the University is Entitled by University Grants Commission (UGC) to offer Online Degree Programs. All Online Programs are approved by All India Council for Technical Education (AICTE) and UGC-DEB. UGC and (AICTE) are statutory bodies under Ministry of Education, Government of India.

2. Is the Degree acquired through online mode equivalent to on-campus mode of learning?  

Yes. The below notification UGC endorses this.

UGC Notification No. F. 1-1/2020(DEB-I) dated 4th September 2020 – Part VI, Page 79, Point. 22 - Equivalence of qualification acquired through Conventional or Online Learning:

Degrees at undergraduate and postgraduate level in conformity with UGC notification on Specification of Degrees, 2014 and postgraduate diplomas awarded through Online mode by Higher Educational Institutions, recognized by the Commission under these regulations, shall be treated as equivalent to the corresponding awards of the Degrees at undergraduate and postgraduate level and postgraduate diplomas offered through conventional mode.

3. Is this an Open and Distance Learning (ODL) or Correspondence Program?  

No. This is an online learning mode program. In an Online mode there are regular live online sessions on weekends, online proctored exams, learner engagement activities and support, and no territorial jurisdiction.

4. Who will award the Degree?  

The Degree will be awarded by Vignan's Foundation for Science, Technology, and Research (Deemed-to-be University).

5. What is the medium of instruction?  

The medium of instruction is English.

6. What documents are required to be submitted for admission?  

Color scan of the below mentioned original document is required to be uploaded on the admission portal at the time of seeking admission –

  • Grade sheet of Class 10
  • Grade sheet of Class 12
  • Grade sheet of all the Semesters of Bachelor’s Degree / Consolidated grade sheet (Only for MBA)
  • Degree Certificate / Provisional Degree Certificate (Only for MBA)
  • Transfer Certificate or Migra
8. Can the program option be changed at a later stage?  

The program option cannot be changed after completing the admission process. In the case of BBA – General and MBA – General, the elective courses can be chosen before the commencement of the respective semester.

9. What is the duration of the program?  

BBA – 3 Years; MBA – 2 Years

12. How many credits does the program have?  

BBA – 3600 hours and MBA – 3120 hours

In MBA, there are additional 480 hours of learning for the advanced certification program.

13. How many courses does the program have?  

BBA – 29 + Management Thesis

MBA – 22 + Project Report + Management Thesis

14. Will I be able to interact with faculty?  

Yes. Learners will be able to interact during the live sessions and through the discussion forum / chat facility on the Learning Management System (LMS).

15. Will the recording of live sessions be available?  

Yes. The online sessions will be recorded and available on the Learning Management System (LMS).

16. Is attendance for live online sessions mandatory?  

Not mandatory but essential. A learner is required to have a minimum participation of 75% in all the activities.

17. Will study material be provided?  

Yes. A learner is provided access to an exhaustive and customized e-Learning Material (ELM) on the Learning Management System (LMS).

18. Can the e-content be downloaded?  

No. The content on the LMS is only meant to be used by learners enrolled in the program. Any unauthorized copying, distribution, transmission, uploading on any media, or any other use of this material is prohibited.