Banking has come a long way over the years, and the latest buzz is about FinTech. The emergence of online financial services, mobile payment systems, and digital banking platforms has changed how we use money and make transactions. In fact, the very nature of banking has changed with the advent of new technologies.
The program focuses on emerging trends in financial technologies and applications adopted by banks and other financial institutions to improve their efficiency, reduce the cost of operations, improve customer experience and increase profits.
What is B.Com (Hons.) in FinTech?
B.Com (Hons.) in FinTech is a two-year full-time course that is designed for students who want to make a career in finance and technology. The course combines theoretical concepts with practical training in software such as SAP and Oracle Financials. The course also helps students gain knowledge about financial markets, accounting, corporate finance, marketing, and economics. It also helps them gain knowledge about risk management, investment banking, etc., which are important areas of investment banking.
Banking & Financial Services Sector:
Finance & Accounting
A career in Finance and Accounting can be exciting. The profession is one of the most sought-after as it offers a variety of career opportunities and good salaries.
Finance professionals are involved in all aspects of raising, investing, and spending money for a business or organization. They also ensure that all financial transactions are carried out according to company policies.
This banking is a field of banking that deals with corporate finance, including the raising of capital by companies to fund their operations and business activities. It may also be referred to as commercial banking.
Corporate banking has a close relationship with investment banking. Both corporate and investment banks work for corporations, sometimes in the same building, but sometimes in separate towers. The main difference between corporate and investment banking is that corporate banks take deposits from corporations and individuals and issue loans to these same parties. Investment banks do not take deposits or issue loans but make markets for their clients by providing securities such as stocks or bonds to buy or sell on their behalf.
Investment Banking & Securities Trading
This banking and securities trading are two related fields that offer great career opportunities. Investment bankers work with companies to help them raise capital or acquire other companies. They also advise companies on mergers, acquisitions, and other strategic moves. Securities traders make markets for stocks, bonds, and commodities in the financial markets.
Insurance companies have been using technology to streamline their operations, reduce costs, and improve customer service. As a result, they are now seeking candidates with knowledge of financial technology (FinTech) to help them navigate this rapidly changing landscape.
Insurance companies are looking for individuals who can develop new financial products that will help their businesses compete with the new wave of FinTech startups. If you want to join an insurance company that is embracing the future of finance, consider pursuing a career as an actuary or financial analyst
Financial Planning & Advisory Services
This Planner provides advice and assistance to individuals, families, and businesses on financial matters such as investments, insurance, tax planning, and retirement planning. Financial Planners work with clients to meet their goals and objectives by identifying existing savings and investments, providing investment advice, and creating a financial plan based on the client’s risk tolerance, time horizon, and financial needs. They also help clients develop strategies to balance short-term priorities with long-term goals.
Retail Financial Services
The retail financial services sector is one of the largest employers in the UK with over 1.2 million people employed in this industry. As such, opportunities are plentiful for those looking to gain experience in this sector.
In conclusion, a B.Com in FinTech is a great choice for students who want to pursue a career in the financial sector. The course provides students with the necessary skills and knowledge to succeed in this field. With the ever-changing landscape of the financial industry. A B.Com in FinTech is an excellent way to stay ahead of the curve.