Fintech online courses are changing the game

Fintech online courses are changing the game

One sector which was the first to bring about technological changes in its mode of operations or management was Finance. Ever since the introduction of technology to this sector, the entire department has been revamped and the expected growth of the Fintech global market is 26.2% CAGR (Compound Annual Growth Rate) between 2022 to 2030. So if you were planning a career in the Fintech sector, now would be the ideal time to give a jump start on your dreams, and opting for various Fintech courses online is the ideal first step. However, before you make up your mind on a course, there are a few things to be aware of. This article covers all the essentials of any online Fintech course.

Fintech certification course: What is it all about?

In the simplest of terms, the Fintech industry is all about using technology to smoothen the financial operations of a company or business. Fintech courses are those courses that help you to specialise in this field and give you an opportunity to learn the various skill sets required to set foot in this sector.

What to look for before enrolling in a Fintech online course?

While browsing through the multiple options of Fintech courses you might get intimidated owing to the broadness of this niche. So here are a few factors which you should keep in mind before choosing your course:

Your requirements and preferences

The ecosystem of the Fintech industry is a varied one, which makes it very important for you to understand your preferences and interests beforehand. Based on your requirements, capacity and interest you should choose the stream, and not the other way around. For example, if your interest lies in Wealth Technology or Wealth Tech, then you have to choose an online Fintech course that focuses on that segment. However, if your preferred field is Lending or Digital Banking, then you need to choose your course accordingly.

Duration of the course

The next important thing to consider is course duration. Fintech course durations range from shorter ones of 6 to 12 months or longer to full-fledged courses of almost 4 years. If short-term courses are the ones you are looking for, then the Fintech course offered by Imarticus is your ideal one. Imarticus runs the core module, where the basics are taught at a duration of only 100 hours, while in-depth learning is provided by the pro module which runs for 140 hours.

Practical training

Another factor to consider before finalising your Fintech course is whether the course is paired with any hands-on training or experience or not. With a course that offers proper hands-on experience, you will ensure that your theoretical knowledge is properly transcribed into a practical one.

What topics are taught in online Fintech courses?

Fintech courses are job-oriented, and thus its curriculum is curated by keeping in mind the need for both theoretical and practical knowledge. Any online Fintech course, like the professional certificate in Fintech offered by Imarticus, covers the following subject areas:

  • Risk management
  • Understanding the startup ecosystem
  • Law and policy
  • Fintech security and regulation
  • Banking and financial services

The Imarticus Fintech course also offers hands-on training on various in-demand technologies like RPA, Machine Learning, Cloud Computing, Blockchain and likewise.

A career in Fintech: Array of job opportunities

After finishing your online Fintech course, you can pursue any job profile in any of the following business models:

  • Transaction delivery
  • Asset management
  • Digital wallet
  • Payment gateways

The various job profiles include:

  • Cloud Manager
  • Data Scientist
  • Product Engineer
  • Product Manager
  • Sales

This is only the tip of the iceberg, and with the rapid growth in this sector, newer job profiles and business models are coming up now and then.

Why choose an online Fintech course over an offline one?

If you’re confused about whether to opt for an offline or online Fintech course, be assured that this dilemma is quite common. Both modes have their own sets of advantages and disadvantages, yet the online one wins the race owing to the following added benefits:

  • An online Fintech course is flexible and thus convenient. Such a course offers you the opportunity to learn at your own pace and time.
  • Next is cost savings. Not only are online courses less expensive than offline ones, but you also save travel costs.
  • Most online Fintech courses are paired with exhaustive career services and scopes of networking with peers, professionals and industry experts.

Bottom line

The Fintech sector is rapidly evolving with time, and to stay afloat, you must be well equipped with appropriate knowledge, current changes and an ability to upskill yourself and adapt to the changes. The correct Fintech course will help you achieve the same with ease, which will not only act as a supplement to your knowledge base but also give a picture of your interest to work in the field to your potential employers.

Should You Do Masters in Fintech or Digital Marketing? Why?

Fintech and Digital Marketing are the latest buzzwords in new professions. These are coming-of-age roles ushered by the advent of the internet. Since the internet is the go-to medium for every geography and demography, creating the medium first and then the content has become a large and significant part of this eco-system.

Fintech

The study of technology that is related to finance is known as Fintech. Fintech comes as there placement from the traditional financial services. This technology is dedicated to improving the finance sector. Now it has to be noted Fintech is being used in established organizations and startups to have a growth in their financial sector. 

Thus a person with knowledge of Fintech courses is likely to get a job over a person who only knows the basics of traditional marketing. Some of the subjects that are involved in Fintech courses are:

Robotics
Machine Learning
Artificial Intelligence
Cryptocurrency
Advanced Analytics
Digital cash and open banking
Hadoop

Further, if you don’t have time to learn in all these subjects by attending an institution,then you can always opt for Fintech online courses. Some universities like the offer these courses online which comes with a 15-week time frame. 

Fintech online courses offered by this university focus on important areas like implications,valuations, risks, and startups.

Digital Marketing

The use of electronics and the internet to promote a business can be termed as digital Marketing.  In this type of marketing channels like email, social media, the search engine is used to attract traffic. Start-ups who need potential leads need digital marketing at all cost since they have limited resources and are fixed with a tight budget.Some of the courses that are available in digital marketing are:

Website planning
Search engine optimization
Lead generation
Social media  and email marketing
Knowledge of Blog through Ad Sense

Choosing the Right Program for Yourself

Digital marketing and Fintech both have their USPs but if a choice has to be made, then going with Fintech would be a better choice. The things that you will get to know by studying Fintech are all related to future employment. Nowadays companies are in dire need of hiring professionals who know robotics or data analysis. 

There are so many digital marketers but a very few people who have the knowledge of Fintech. Over the next few years,Fintech will have some massive growth and salaries for this job will reach sky high. 

Some of the companies now regret the fact they have invested too much in digital marketing rather than paying attention to Fintech.  Big data management is very important since the internet is growing at a nonstop rate, for this knowledge of Hadoop is important which is again offered by Fintech courses.  Furthermore, digital marketing is not as difficult as learning Fintech. So concentrating on a tougher course is a good option for being successful later.

Conclusion

From the above points, the reader gets a clear idea about both the courses and which one is better. While one is ruling the present market (digital marketing) the other is likely to rule the future market (Fintech).

Do Online Fintech Courses Help With Entering The Industry?

Over the past few years, one of the biggest developments in the technology space has been fintech. By using the right technology to make banking and money transactions easier, companies have begun reaping the benefits. Fintech is growing at a rapid pace, and newer companies are also looking to adopt technology to make their accounting and bank work easier.
For individuals looking to succeed in the industry, having the right team is important. Fintech is relatively new, so it is crucial that people can understand this to deliver better results.
With the technology poised to play a much more critical role in the next few years, there are a few advantages if you’re looking to begin an online course in the same:

What’s The Advantage Of Fintech Courses?

First up, it is important to understand the scope of the industry. The fintech industry is a big space, and there are many different applications. There are a lot of opportunities for individuals to work with fintech courses – from internet applications, banks and hedge funds. Doing an online course helps you understand the technical aspect but having an above average understanding of finance is vital as well.
You won’t be able to deliver quality output without understanding your industry well, and that’s where the online course can help. A good course will teach you how the industry works and how exactly you can implement technology to aid you to produce better results. If you’re okay slugging it out for a couple of months and learning about the industry, then an online course is perfect for you!
While a lot of people do not have a significant amount of knowledge regarding the fintech industry, online courses will help them. If you’re taking an online course in this space, they are more structured and organised and will be able to help you. Most of these courses also have dedicated teachers to help you clear doubts and progress.

How To Begin?

Blockchain and machine learning are touted to revolutionise the fintech industry so that you could start there. Start by introducing yourself to the subject and slowly familiarising yourself with the concepts. It will take years of practice to master the same, so don’t hesitate in putting the time to study the fintech industry.
There are credible fintech online courses, so research well and choose one that suits your pace the best.
Become an active member of the fintech community so you can meet like-minded individuals and formulate ideas with them. You can get unique insights by attending seminars and talks on the same, and develop your soft skills in the process. This will help you engage better and get the most out of the course you do as well.
Organisations like Imarticus provide a holistic, hands-on approach to finance courses. With a dedicated team aimed at helping you succeed, you are bound to perform well and start your career in the fintech industry.

How will Fintech Change the Credit Market?

Driving digital transformation through technology has been at the heart of FinTech industry. One of the key attributes of Fintech is the contribution to the credit market through innovation.
Fintech has been on the rise since the past decade or so. So you maybe wondering what exactly is fintech and why is it so critical to business? Fintech in simplistic terms are companies or institutions that have revolutionized the banking industry through technological advancements. It means to harness the power of technology to make timely business decisions, simplify processes, analyse data at limited costs and optimized resources.
Today, Fintech has moved at an unprecedented rate to provide solutions and services to customers through online banking, online lending, bill payment and other transformative features. There are also emerging fintech online courses which will help professionals progress themselves. Technologies like Artificial Intelligence (AI), Big Data, Blockchain, Cloud are able to store, process and analyse large amounts of data in a minimal amount of time, thereby enabling businesses to make informed decisions quickly. Fintech companies are able to roll out custom-made applications and services to banking instiutions allowing them to better serve their customers’ needs.

Use of Digital Data

For every transaction conducted there is a large amount of data that is stored and processes. Digital data warehouses are vast and can become tedious to extract and work with. Fintech market analyses Big Data using software applications, thereby enabling better transactions. For example, if you pay by your credit card at a store, your transaction will immediately reflect across your bank statements thereby allowing you to keep a check on your finances at a real-time basis. This has been enabled by the effective utilization of digital data.

Use of Digital Processes

There are many new features and attributes that have found their way into mainstream lending and credit market thanks to emerging technologies such as AI and machine learning. Most banking institutions today offer easy loan borrowing options, repayment and even increasing your borrowed amount all through digital channels. This means that consumers can borrow a large sum of money by providing the right documents online.

Data Privacy

One of the key problems that Fintech industry is trying to solve is data privacy and protection. Cybercrimes, online frauds are on the rise and critical data can be protected by building the right infrastructure around it. Fintech companies are testing new and improved solutions to transform the services offered by banks every day. Professionals are also signing up for Fintech courses in order to be equipped to deal with the current scenario of financial services thereby enhancing their career trajectory.
Conclusion
Alternate lending is an integral part of the fintech revolution and the rise of applications and services will provide an opportunity to banks and financial institutions to upgrade their customer experience and meet the demands.