Tag: best MBA in fintech course

Following the significant growth of digitisation, the field of FinTech, or Financial Technology, has perceived a massive influx comprising new tech advancements, businesses and platforms. In recent years, this field has witnessed exponential growth and is estimated to hit $2.1 trillion by the end of the year 2030. Furthermore, fintech in India was ranked as the 2nd most funded startup sector in the year 2022. 

Keeping all these in mind, it can be safe to say that the fintech industry is likely to grow further in the upcoming years. 

On that note, here is a detailed guide to the top 10 fintech-based business schools that are currently offering leading fin-tech courses in India to help you become a part of this dynamic field.

SP Jain Institute Of Management And Research

Situated right at the heart of the country’s financial capital, Mumbai, the SP Jain Institute Of Management And Research is one of the well-known B-schools in India. It is recognised by the UGC and AICTE. From amazing academic facilities to lucrative placement opportunities, SPJIMR provides a lot of advantages to all its students. It also offers many courses that primarily focus on financial technology, such as the Executive Certificate Programme In Fintech and Blockchain. By pursuing the same, you can not only enhance your financial skills but also develop critical strategic thinking abilities, both of which are considered highly valuable by top firms and organisations. 

Narsee Monjee Institute of Management Studies

Moving on, the NMIMS is yet another business school situated in India that is known for its academic excellence and exciting placement opportunities. One of the many things that set this institute apart from the others is its specialisation in banking. It covers some of the most important aspects of the finance domain, such as risk management, insurance, and corporate finance. 

National Institue Of Bank Management 

Established in the year 1969, the National Institute of Bank Management is among the very few institutions in India that provide specialisation in banking and financial services. It is typically tailored for candidates who wish to advance their careers in the field of banking and finance and enhance their managerial skills. 

Indian Institute Of Management, Indore

The IIM Indore is an autonomous business school situated in India that provides various unique programmes for candidates who wish to emerge as successful leaders in the field of management. Among the many courses offered by this institute, one such includes the PG Certificate Programme For Emerging CFOs. It is a specialised finance program designed for professionals who wish to advance their careers in the finance sector. From business valuation, to finance technology and risk management, you get to learn everything with this course. 

Indian Institute of Management, Calcutta

With as many as 50+ years of academic experience, the IIM, Calcutta, is the first national institute for postgraduate studies and research in management. Its Executive Programme In Investment Banking and Captial Markets is specifically targeted towards working professionals with at least 2 years of work experience. With the help of this programme, you not only get to enhance your practical knowledge and technical skills but also gain access to cutting-edge finance training. An interesting fact about IIM Calcutta is that it secured the first position in the ‘Indian Best B-School 2021’ by Business Today. 

Delhi School Of Business

Situated right in the heart of Delhi, the Delhi School Of Business is perhaps one of the most well-known educational institutions in India. An interesting fact about this business school is that it secured the 13th position in the list of ‘Top MBA Institutions In Delhi, NCR’. Moving on, the PGDM in Fintech program offered by this institute is a two years, full-time course specifically designed for aspiring Fintech leaders. It offers a comprehensive guide to some of the key aspects of the fintech industry and trains its candidates in leading technologies, such as cyber security and cloud computing. At Delhi School of Business, you get to explore some additional benefits, such as world-class interdisciplinary labs, a digital library with premium publications, and access to international conferences, among others.

KL University

Established in the year 1980, KL University boasts as many as 42 years of educational leadership. It was accredited as A++ by NAAC and is known for offering 100% placement to all its students. It offers a plethora of programmes and courses, one such among them includes the MBA in Fintech program. It is typically a 2 years, full-time on-campus course that aims to train individuals in the field of finance technology. The program covers some of this industry’s most critical aspects and provides practical training on the leading technologies, such as ML, AI, API, and Cloud Computing. Graduates from this university are known for working in some of the top companies across the globe, such as Infosys, Cognizant, and Accenture, among others.

Xavier Institute Of Social Service

XISS, also known as the Xavier Institute Of Social Service, was formerly an extension of St. Xavier’s College, Ranchi. Its primary goal was to train individuals in rural development and industrial relations. Ever since then, it has come a long way and has now successfully established itself as one of the leading management schools in India. The PGDM in Finance Management program is one of the many courses offered by this institute. It enables students to establish a strong foundation of finance fundamentals and enhances their value-based leadership skills. Some of the most important topics covered in this program include business law, financial markets and services, business communication, and marketing of financial services, among others.

Geeta University

Situated in Delhi, Geeta University is well known for its academic excellence. It has also won many awards in the past, such as the Award For Best Learning Environment, the Award For Best Placement, and Award For Best Education Group, among others. From skill enhancement certifications to access to interdisciplinary research labs and digitally enabled campus, this institute provides several benefits to its candidates. The MBA in Fintech is one of the many programmes offered by Geeta University that aims to enhance certain crucial skills such as business acumen, strategic thinking, and leadership qualities. As far as the curriculum is concerned, the MBA in Fintech course covers some crucial finance fundamentals, such as 

• Strategic Management and Global Environment,
• Principles of Economics and 
• Cryptocurrencies, among others.

Lal Bahadur Shastri Institute of Management

To save the best for the last, we present to you the Lal Bahadur Shastri Institute of Management, one of the most reputed institutes in India that primarily focuses on management and information technology education. Its PGDM Financial Management program is specially designed for candidates who wish to advance their careers in the field of financial management. It covers several important topics related to this field, such as corporate finance, economics, information technology, and human relations, among others. Other than these, with this program, students also get to hone their communication, critical thinking, and decision-making skills. 

Conclusion

All of these above-mentioned business schools in India are well-recognised for their strong finance programs, specialised courses, and research initiatives focused on FinTech and related fields. Each of these institutes comes with its own set of advantages and disadvantages. While some might be situated quite far away, some might be expensive. Therefore, conducting thorough research on all these educational institutes is always recommended before finally choosing the best one for yourself!

The fintech industry is constantly changing, and these innovations have a revolutionary impact on the payments industry. Newer and speedier technologies are displacing the conventional methods of exchanging money, from mobile wallets to cryptocurrencies. 

As e-commerce has grown, so has the demand for quick and secure payment methods, making it crucial for financial institutions and entrepreneurs to stay on top of the most recent developments. 

This blog examines the future of payments, cutting-edge trends, and technology revolutionizing business. Join us as we investigate the possibilities of Fintech and the future of payments.

Let’s get started!

How will Fintech shape the future of payments?

There are bigger, more persistent changes already affecting the financial services sector and the whole global economy under the transformation to a cashless society.

Paper checks, analog invoices, and other traditional payment methods are about to undergo a major makeover. New business models are developing as the whole payments sector’s infrastructure transforms.

Two distinct and concurrent tendencies are involved in this restructuring of the payments sector and, in fact, the whole global payments ecosystem. Business is rising for financial companies and technology suppliers. 

The fintech sector has expanded rapidly during the past ten years. The industry had a value of US$3.56 trillion by the end of 2021, and between 2021 and 2025, it was projected to increase at a compound annual growth rate of 23.58%.

What are the latest payment trends in Fintech?

Financial technology (Fintech) has impacted the conventional payments business for many years. Customers now demand a uniform payment experience across platforms and devices due to the growth of e-commerce and mobile payments.

“Innovations in fintech” refers to cutting-edge products and technology upending the conventional financial sector. The term “fintech,” short for financial technology, describes the use of technology to automate financial services, including investment and banking, as well as payments and money transfers.

Here are some of the future payment trends: 

Trend #1: Contactless Payments

The market for contactless payments was valued at USD 34.55 billion in 2021, and from 2022 to 2030, it is projected to grow at a CAGR of 19.1%. The expansion is related to the expanding use of digital payment services intended to facilitate client payments more quickly. 

Intelligent hardware, cutting-edge software, and smart services are all components of contactless payments, which enhance conventional payment methods and bring about intelligent transactions. Card issuers are gradually integrating contactless payment card systems worldwide, helping the industry expand.

Since the client does not directly exchange invoicing or payment information with the seller, contactless payments are renowned for being safe. Instead, all correspondence is encrypted, and a unique transaction number is tokenized for each purchase. The one-time code used to identify a specific transaction will be the only information an attacker will obtain from a wireless communication if it is intercepted.

The COVID-19 epidemic and consumers’ desire to avoid direct human interaction when making in-store transactions increased the introduction of contactless payment. 

Trend #2: Embedded Payments

Embedded payments are another development that is altering how we make payments. Payments that are linked to other platforms or services are referred to as embedded payments. They let you make payments while still using the app or website you’re on.

Both consumers and businesses may profit greatly from embedded payments. They improve conversion and retention rates by generating a smooth and seamless user experience. Additionally, they open up previously inaccessible prospects and new business models.

Trend #3: Future of Payments and IoT

The payments environment is being impacted by the Internet of Things (IoT). According to payments and banking specialists Mercator Advisory Group, this industry expands by 15% annually. Businesses that accept IoT payments have a lot of sales prospects due to the exponential growth of linked items like refrigerators, cars, and machines. IoT payments can be made automatically or partially by particular ‘events.’ 

Trend #4: Emerging markets

 As one of the most desirable development regions, Asia’s inventive startups are increasingly challenging Western financial companies. Such markets are open to technological innovation because people accustomed to antiquated payment methods are keen to accept new ones better suited to their everyday economic demands. 

Omdia predicts that between 2020 and 2024, the number of debit and credit cardholders will increase by 5.8% in the Philippines and 5.50% in Indonesia. This demonstrates how nations with previous payment systems are moving away from using cash.

Trend #5: Digital currency

Digital tokens or electronic records known as Central Bank’s Digital Currencies (CBDCs) represent a country’s money virtually. Over the next 20 years, they are expected to have the largest disruptive influence and private-sector cryptocurrencies.

Financial organizations, including Mastercard, Visa, and BNY Mellon, are getting ready to make it easier to utilize CBDCs. Additionally, a recent poll by the Bank for International Settlements indicates that 14% of central banks are currently undertaking pilot testing, and 60% of central banks are investigating CBDCs.

The Final Words

The future of payments is intriguing and promising. Fintech technologies are revolutionizing the way we pay by enabling quicker, safer, and more open transactions than ever before. Staying current on the most recent trends and advances is crucial as we negotiate this quickly changing environment. 

We can stay educated and ready for what is ahead by doing this. Embracing these developments will help you remain ahead of the curve and reap the numerous rewards that Fintech offers, whether you’re a business owner or a regular consumer.  Innovations in Fintech include mobile payment apps, peer-to-peer lending platforms, digital currencies, blockchain technology, and robo-advisors.

Imarticus Learning and Geeta University have created a MBA in fintech program that intends to provide students with expertise in both technology and finance. This course provides practical experience with cutting-edge technologies, including API, Blockchain, Cloud Computing, AI, Machine Learning, RPA, IoT, and Big Data, as well as essential areas of the industry. 

So, let’s embrace future payments and see where it leads!

Blockchain technology is a distributed, decentralised digital ledger that offers a safe, transparent method of keeping track of transactions. Blockchain technology is being utilised in the financial industry to provide a more effective and reliable system for managing financial transactions, such as payments, remittances, and settlements. 

Financial organisations may use blockchain to lower transaction costs, improve transparency, and reduce the chance of fraud and mistakes. Additionally, peer-to-peer transactions are made possible by blockchain-based cryptocurrencies like Bitcoin, providing an alternative to fiat money.

Benefits of Blockchain Technology in Finance

The financial sector may benefit from blockchain technology in several ways, namely:

The fact that all transactions are recorded in a decentralised, immutable ledger, first provides improved security and transparency. This lowers the possibility of fraud and fosters greater party confidence. 

Second, by doing away with middlemen and lowering transaction costs, blockchain technology makes cross-border payments and settlements quicker and more affordable. 

Third, it streamlines back-office operations and lessens the need for manual processes, resulting in better efficiency and automation. 

Fourth, the development of new financial instruments and the democratisation of access to financial services are made possible by blockchain technology. 

Finally, blockchain-based cryptocurrencies provide consumers with a better way to manage their money and a safer means to hold and transfer value than conventional currencies.

Challenges of Blockchain Technology in the Financial Sector

The following are some of the common challenges that blockchain technology in the finance sector is facing:

• Regulatory uncertainty- Financial institutions confront regulatory concerns and compliance difficulties since the regulatory environment for blockchain-based financial products and services is still developing.
• Interoperability- The inability of various blockchain networks and platforms to communicate with one another can lead to inefficiencies and reduce the potential advantages of the technology.
• Scalability- Blockchain networks may have trouble processing big numbers of transactions, which leads to longer processing times and more expensive fees.
• Security issues-Cyber threats and hacking are still concerns, even if blockchain is thought to be more secure than the conventional system.
• Governance- To guarantee that all users adhere to the network’s rules and standards, decentralised blockchain networks need strong governance structures.
• Integration- Integrating blockchain technology with legacy systems: Integrating blockchain technology with current legacy systems can be difficult and expensive.
• Energy consumption-  The proof-of-work consensus algorithm employed by many blockchain networks consumes much energy and may harm the environment. 

Application of Blockchain in Finance

Blockchain technology has numerous applications in the financial sector, including:

• Payments and remittances- It can facilitate faster and cheaper cross-border payments and remittances by eliminating intermediaries and reducing transaction costs.
• Smart contracts- These contracts are automatic self-executing contracts that ensure that the terms of an agreement are enforced. Blockchain technology can enable the creation of secure and transparent smart contracts that can streamline the execution of financial agreements.
• Identity verification- It can enable secure and decentralised identity verification, which can help prevent fraud and reduce compliance costs.
• Trade finance- It can enable the digitization of trade finance processes, such as letters of credit and bills of lading, which can reduce processing times and costs.
• Asset management- It can enable the creation of secure and transparent digital asset management systems, which can reduce the risk of fraud and increase efficiency.
• Know Your Customer (KYC)- It can enable secure and decentralised KYC processes, which can help financial institutions comply with regulatory requirements while reducing costs and improving customer experience.
• Cryptocurrencies and digital assets- It is the backbone of cryptocurrencies and digital assets, which offer an alternative to traditional currencies and financial assets.

Real-World Examples of Blockchain in Finance

Here are some real-world examples of blockchain technology being used in the financial sector:

• Ripple- Ripple is a blockchain-based payment protocol that enables real-time, cross-border payments. It is used by some financial institutions, including Standard Chartered.
• JPMorgan Chase- JPMorgan Chase has developed its blockchain platform, Quorum, which is being used to streamline back-office processes and improve settlement times.
• Mastercard- Mastercard has developed a blockchain-based platform for processing payments between merchants and their customers, which is being used by some major retailers.
• Nasdaq- Nasdaq has developed a blockchain-based platform for trading shares in private companies, which enables faster and more efficient trading and settlement.
• HSBC- Using a single blockchain platform, HSBC has used blockchain technology to complete the first-ever trade finance transaction single blockchain platform. 
• Visa- Visa has partnered with blockchain startup Chain to develop a blockchain-based platform for processing cross-border payments. The platform is being used by some financial institutions, including Fidelity Investments.

Future of Blockchain in Finance

Blockchain technology has a very bright future in the world of finance. Blockchain is anticipated to be widely used by financial institutions in the years to come given its promise to improve efficiency, security, and transparency.

Enhanced automation, increased security, the rise of digital assets, interoperability and standardisation, legal clarity, and the development of decentralised finance will be characteristics of the financial applications of blockchain in the future. Blockchain technology can revolutionise the financial industry and open new avenues for safe, efficient, and transparent financial innovation.

Blockchain Technology in India

The Indian banking sector is becoming more and more interested in and using blockchain technology. Due to the potential for money laundering and security threats, the Reserve Bank of India (RBI) has forbidden banks and other regulated companies from conducting business with cryptocurrencies. The government has been looking at the possibility of blockchain technology for additional applications, including supply chain management, identity management, and land registry.

Axis Bank’s cooperation with Ripple and the trade finance platform from ICICI Bank are just two examples of how big Indian banks have used blockchain technology. Blockchain technology is also being investigated for use in insurance, supply chain management, and peer-to-peer lending, in addition to banking. We may expect to see more general acceptance and innovation as technology continues to advance.

Conclusion

Blockchain technology has the potential to revolutionise the financial industry by boosting security, efficiency, and transparency. Many financial organisations are investigating and deploying blockchain technologies despite difficulties. 

The MBA in Fintech programme offered by Imarticus Learning can give students a thorough grasp of how technology and finance interact. Through a blended learning approach of projects and case studies that are pertinent to the business, students of MBA in Fintech will get hands-on experience with cutting-edge fintech technologies and skills needed to succeed in the financial industry!

Changes in MBA in India

Management has changed its gears since the COVID-19 pandemic started to eat up jobs and create inflation. The pre-covid MBA Trends in India have changed and for you to remain in the game, it is important to get on board with the Future of MBA In India. The management industry has changed a lot with the introduction of AI and machine learning in every nook and cranny. The terminologies have changed and so have the tools. Organisations across the world are dealing with a talent crunch that can adapt to changing situations accordingly. There are also major upheavals, fluctuations and increased unpredictability and thus let’s get acquainted with MBA trends in India.

Top MBA Trends in India

Demand for online and part-time programs

MBA programs have seen immense demand across the world and India is no exception. Every university and institute has seen increased competitiveness in the admission process. Many universities have hopped on the Future of MBA in India and are offering online courses.

There is more demand for self-paced programs as it gives the flexibility to the students to work while they upgrade their skillset. It also helps the students to work on two degrees simultaneously.

According to a report by the Graduate Management Admission Council’s 2020 Applicant Survey, the number of applications to self-paced or part-time MBA programs has increased by up to 53%. Along with this, the demand for flexible MBA programs has grown by 48.6%. It is during this period, that the demand for online MBA programs has grown by around 43.5%.

Increased competition

With this volume of applications, there is a dearth of seats in good MBA programs. The bar for examinations and the screening process has gone up. One of the MBA trends in India is increased competitiveness. The seats are set to be pricier and scarce with the increased demand for better MBA programs. This will also lead to the demand for courses that offers industry experience.

Salary trends

The median salary of management professionals has increased despite the slump seen in other industries worldwide. Since companies have understood the need for strong management during turbulent times, the demand and salary of management professionals have increased significantly. MBA trends in India point towards a further increase in salaries of management professionals which could be a good sign for those pursuing MBA programs.

Future of MBA in India

More entrepreneurs opting for MBA

With everyone wishing to start their business, the demand for MBA programs is set to increase among a budding generation of entrepreneurs. The stigma against MBA programs being just a higher education degree has changed and entrepreneurs are opting for better market knowledge. Entrepreneurs can now learn market analysis, product placement and marketing with MBA programs.

Since most new businesses start in the family or are a solo take, entrepreneurs need to do everything by themselves. This could push the Future of MBA in India towards more entrepreneur-oriented curriculums and flexible programs.

AI and Machine learning in MBA programs

With the introduction of ChatGPT, everyone is scared of losing their jobs to AI, but the story for management is different. The 2023 MBA trends in India are leaning towards the utilisation of more AI tools and machine learning skills in programs. Since AI aims to make work easier, MBA programs are set to offer more AI-based tools in their curriculum to keep the students’ industry relevant.

Why choose Imarticus Learning?

Imarticus Learning brings MBA In Fintech in collaboration with Geeta University.

The curriculum curated by Imarticus Learning in association with Geeta University has been deemed as new-age and industry aligned by industry leaders. It includes topics like:

Basics such as principles, accounting, HR Management, organisational behaviour

Operations and supply chain

Information system management

Fintech in banking and finance

Entrepreneurship

Blockchain and applications

Cryptocurrencies

Cloud computing

Business research

Project management

Automation

Machine learning in fintech

AI in fintech

Fintech in payment and lending

You will get to work on capstone projects that enable the students to link their projects to issues of community and utilise their learning experience. You will also get the skill enhancement certifications and benefits of a digitally-enabled campus.

Along with this, the MBA program offers summer internships in top companies. After the completion of the program, you will also get career support that includes placement. Career support also includes mock interview sessions, resume-building classes and more.

Imarticus Learning has worked to get more than 56000 students placed and enable 45,000+ career transitions. That is not all. To provide the best assistance in the competitive job market for our learners, we have collaborated with more than 500 industry leaders as our partners for maximum placement opportunities.

Our alumni work at:

Deloitte

Genpact

Accenture

Infosys

KPMG

IBM

Capgemini

Goldman Sachs

Cognizant

Standard Chartered

Wipro

Moody’s analytics

Check out more about the MBA course here.

How to Choose the Right MBA Program in 2023

Set the goals: It is important to set the goals before you search for the right MBA program. You can write down your career aspirations and what you are good at and what you need to do. After setting a defined goal, you can proceed with a clear idea.

Curate a gospel: Make a list of what your desired universities have to offer. It could include specializations, fees, mode of learning, placement, faculty and more. It will help you to make informed choices and narrow down to MBA Program in 2023 that is best for you.

Research: It is important to research before you jump into an MBA Program in 2023. Research can help you find loopholes and eliminate the programs that are not helpful for you. It also helps to set goals and cut the additional costs you might incur without proper research.

Find pros and cons: Check out the pros and cons of a particular BBA program so that you can clear idea of options. You might also want to take a detailed look at what are topics of the curriculum and whether it matches your career goals or not.

Decide on the mode of education

The universities and institutes are answering to the increased demand and providing online and flexible courses for those interested. As against the rigid and offline mode offered earlier, you will now find more online and self-paced MBA Programs in 2023. They also come with flexible timings to suit the needs of working professionals. Ensure that you choose the one that suits your demands. If you are a working professional, then you could choose an online program. However, if you are a student who needs complete guidance, then make sure to choose one with campus engagement.

What do you need to consider in an MBA

program?

You have to follow a few parameters and look for certain specific things while choosing the best BBA program for you.

Offered Specialization

There are multiple specializations offered in the MBA program. If you find yourself asking the question that what are the courses for an MBA, then here is the answer. There are a few prominent specialisations:

Digital Marketing

Business Analytics

Entrepreneurship

Finance

Strategy

Data Analytics

Risk management

Human resource management

Operations

International Business

The specializations will depend on what you are good at and have an interest in. You can also research what curriculums cater to what you want to study and are beneficial in the future.

Faculty

Faculty is one of the biggest USPs of any MBA Program in 2023 and you must ensure that you are benefitted from it. Check the number of faculties depending on whether they are full-time or part-time. Faculties that have industry experience are a plus sign you should look out for. It helps the learners to engage with the industry even before they start their internships.

Curriculum

A highly text-based curriculum might not be the best choice when it comes to choosing an MBA Program in 2023. Management courses are rarely about taking notes. It must include case studies, real-world projects, skill development sessions, opportunities for internships and more.

Placement opportunities

Placement is the single most important criterion that should be included in your research list. Make sure that you check out the information on the partners and collaborations of the university beforehand. partnerships with companies ensure maximum placement. You might also want to check out the median salary, the number of people placed, offered positions etc for the same.

 

Why choose Imarticus Learning?

Imarticus Learning brings MBA Program in 2023 In Fintech in collaboration with Geeta University.

The curriculum curated by Imarticus Learning in association with Geeta University has been deemed as new-age and industry aligned by industry leaders. It includes topics like:

Basics such as principles, accounting, HR Management, organisational behaviour

Operations and supply chain

Information system management

Fintech in banking and finance

Entrepreneurship

Blockchain and applications

Cryptocurrencies

Cloud computing

Business research

Project management

Automation

Machine learning in fintech

AI in fintech

Fintech in payment and lending

 

You will get to work on capstone projects that enable the students to link their projects to issues of community and utilise their learning experience. You will also get the skill enhancement certifications and benefits of a digitally-enabled campus.

The MBA Program in 2023 offers summer internships in top companies. After the completion of the program, you will also get career support that includes placement. Career support also includes mock interview sessions, resume-building classes and more.

Imarticus Learning has worked to get more than 56000 students placed and enable 45,000+ career transitions. That is not all. To provide the best assistance in the competitive job market for our learners, we have collaborated with more than 500 industry leaders as our partners for maximum placement opportunities.

Our alumni work at:

Deloitte

Genpact

Accenture

Infosys

KPMG

IBM

Capgemini

Goldman Sachs

Cognizant

Standard Chartered

Wipro

Moody’s analytics

Check out more about the MBA course here.

Do you know, by 2025, data stored in the cloud will reach 200 zettabytes? Well, for a better perspective, one trillion gigabytes or one billion terabytes make one zettabyte! Yes, the ‘cloud’ that was a trendy-sounding buzzword a few years back has suddenly become an inseparable part of our professional and personal lives.

Scroll on to read more about cloud computing, its interesting facts and why you must learn cloud computing. This article will also tell you why MBA in Fintech Training Programme is gaining traction.

What is cloud computing?

Cloud computing is the act of on-demand delivery of an interconnected network. This network is hosted by the internet and enables remote (or distant) servers to store, manage, access and process the data. Cloud computing allows one to locate and access data through the internet. Thus, it puts an end to the otherwise menacing computer’s hard drive failure issues. And because cloud computing gives data access to multiple users and computers simultaneously, it has become the go-to choice of several companies of various sizes and staffing levels.

8 interesting facts about cloud computing

1. Cloud computing is creating jobs

Technology advancements equal the creation of new jobs. The tech departments of big firms already have ‘cloud specialists’ roles. Some of the top job positions are cloud engineers, cloud consultants, cloud software engineers and cloud software architects.

Several MBAs in Fintech Training Programmes make young people learn cloud computing and bag jobs with six-figure payments. KL MBA in Fintech course offers similar benefits for its course takers!

2. The cloud is more popular than you realise

An average IT employee is already using about 30 cloud-based programmes! Yes, that’s right! Several services for enterprise relationship management, customer relationship management, project management and human resource management are all based online. In simple words, if you are using any service that assists in leaving a message or note online for your colleague to check and work on, then you are using a cloud service. Some of the popular cloud-based programmes include Carbonite, Datadog, Slack, Dropbox, Zoom, Vimeo, Hiroku and Collibra.

3. Cloud offers services with storage

Along with storing global data, the cloud offers 3 services for business. Here’s a brief about them:

Platform as a Service (PaaS): Given the robust development, Paas allows building apps without involving huge finances.

Infrastructure as a Service (IaaS): Assists in developing an internet business and scaling it up.

Software as a Service (SaaS): The best of all cloud technologies, SaaS shares the cloud software architecture with the vending machines. The vendors have to bear minimum maintenance costs.

4. Hassle-free upgrades

Irrespective of the device you use, the upgrades will always remain simple. If your cloud provider implements an update, you will never be asked to upgrade your hardware, software or old IT infrastructure. Updates happen automatically in real time so that you keep working, having fun and staying up to date!

5. Human error accounts for maximum cloud data and security breaches

Though there are several cloud security concerns, the majority of security breaches happen due to human error. The cyberattacks are caused by the employees themselves and not the cloud providers. These risks can be prevented by educating the employees and carving out better and strict security guidelines.

6. The rising worth of the cloud gaming market

With high-end games streaming on portable devices, coupled with fast network connectivity, cloud gaming is the new normal. A few top cloud gaming services include Xbox Cloud Gaming, GeForce Now, PlayStation Now and Amazon Luna. This gaming market which had a market value of $1.5 billion in 2021 is set to touch $6 billion by 2024!

7. The wonders of cloud automation

Amongst the prominent technologies set to change our world is automation. While cloud and automation are not mutually exclusive, they can work together. The process of Robotic Process Automation (RPA) teaches robots to manage the most menial tasks. This allows the others workers to focus on the skilful aspects of jobs. RPA, therefore, becomes easier when used with the cloud. The information received by the clients can be sorted automatically and reviewed by the robotic processes.

8. Total market worth

The cloud computing market was worth $371.4 billion in 2020. It is projected to amount to approximately $832.1 billion by 2025!

Key Takeaway

The importance of cloud computing cannot be underestimated. Moreover, the types and models of cloud computing will only become bigger, better and more essential in the coming years. All of these factors make learning cloud computing an imperative factor in bagging a high-paying role in the demanding fintech sector.

Imarticus Learning hosts a KL MBA in Fintech programme which is an ideal course for candidates looking for cutting-edge knowledge of cloud computing. The course can enable students in becoming leaders of tomorrow.

So, learn cloud computing and join the bandwagon now!

The Institute for MBA in Fintech is a specialized educational institution offering an innovative and comprehensive curriculum focused on finance and technology. This program is for professionals interested in advancing their careers in the rapidly evolving field of financial technology or Fintech. 

Focusing on cutting-edge technologies, emerging trends, and industry-specific challenges, the Institute for MBA in Fintech equips students with the tools and expertise needed to excel in this exciting field.

Fintech: An Overview

Fintech, short for financial technology, refers to using technology to create innovative financial products and services. It involves the intersection of finance and technology to streamline financial transactions, reduce costs, and improve efficiency. 

Fintech encompasses many applications, including mobile banking, online payment systems, digital currencies, peer-to-peer lending, and blockchain technology. Fintech applications we use daily include mobile banking and online loan apps.

Why is MBA in Fintech necessary?

The financial industry has rapidly transformed over the last decade due to the growth of digital technologies. It has led to the emergence of Fintech, which refers to using technology to enhance financial services. MBA in Fintech has become necessary because of the increasing demand for professionals navigating the intersection between finance and technology.

• MBA in Fintech provides a deep understanding of the financial industry, including the latest trends and technologies. It equips students with the knowledge and required skills to develop and implement strategies that leverage technology to improve financial services. 
• The program trains students in various areas, such as digital banking, blockchain, cybersecurity, and data analytics. It enables them to understand how students can apply these technologies to create innovative financial products and services.
• MBA in Fintech also provides students practical experience through internships and industry projects. It helps them to develop real-world skills and insights into the workings of the financial industry. 
• The program prepares students to be entrepreneurial by teaching them to identify opportunities and develop innovative solutions. It is crucial because Fintech is an industry that is constantly evolving, and there is a need for professionals who can adapt to change.

Importance of choosing the right university/institute for an MBA in Fintech:

Firstly, the quality of education and the institution’s reputation can significantly impact your career prospects in Fintech. Employers in the industry often prioritize candidates who have graduated from top-tier universities or institutes known for their rigorous academic programs and exceptional faculty.

Secondly, the curriculum and course offerings of the institution can also play a critical role in your learning and professional development. Fintech is a rapidly evolving field, and choosing an institution that offers up-to-date and relevant courses that reflect the latest industry trends and practices is essential.

Thirdly, the institution’s networking opportunities can also be crucial to your career growth. Attending an institution with a robust network or affiliations with leading companies in the Fintech industry can help you build valuable connections and open up new career opportunities.

Overall, selecting the right university or institute for an MBA in Fintech is a significant decision that can impact your career trajectory and opportunities for years to come.

Discover MBA in Fintech training program with Imarticus Learning.

Are you interested in gaining practical experience with cutting-edge technologies and essential aspects of the market? Look nowhere else! KL MBA in Financial Technology covers everything from Blockchain and APIs to Cloud Computing, AI, Machine Learning, IoT, and Big Data.

Our faculty will help you improve your problem-solving abilities and prepare you to handle complex situations by forecasting and analyzing multiple outcomes. You’ll be ready to make decisions to advance your career once the program ends.

A ground-breaking program, the MBA in Fintech offered by IMARTICUS LEARNING provides comprehensive knowledge of the Fintech industry. This two-year full-time program offers practical training to address real-world challenges in the Fintech sector and a thorough understanding of how technology transforms the finance industry. Take the first step and learn Fintech online by joining us right away!

Course USPs:

• Once you have completed the program, you will be ready to pursue a career in the Fintech sector and choose the profile that best suits your interests.
• This Artificial intelligence in Fintech program explores the sector’s fundamentals. It gives students hands-on experience with cutting-edge technologies like API, Blockchain, Cloud Computing, AI, Machine Learning, RPA, IoT, and Big Data.
• The course offers a rare chance to gain a profound understanding of the dynamics of technology, which are constantly changing, and how they affect the financial and other sectors.

For further details, contact the Live Chat Support system or visit one of our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.