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BSE eyes creation of fintech talent with new MBA programme

According to the World Fintech Report, 2017, most fintech firms start their journey as startups

Romita Majumdar  |  Mumbai 

Fintech. Photo:

With or technology-enabled financial services becoming a serious business opportunities for start-ups and brick-and-mortar financial institutions alike, Limited, the learning arm of BSE has launched an in financial in association with University of

The flagship programmes launched include Master of Financial Technology, Master of and Bachelor of

"Our first batch of about 100 students come from a predominantly tech background like BCA and BTech. They had to clear a specific entrance test to qualify for the course," said Ambarish Datta, CEO and MD of The course will focus on explaining markets, banking regulations, apart from block chain, crypto currency, creating apps and algo-among others.

According to the World Report, 2017, most firms start their journey as with limited worries about existing systems, cultures and a huge technological advantage that helps cut costs. With the Indian government pushing for a and actively encouraging with the launch of platforms like Startup India, the timing for launching the course could not have been better.

The report mentioned that over 77 per cent of Indians availing financial services are using fintech in some form or the other. This is second only to with 84 per cent engagement.

"The programme curriculum is so designed that it covers many facets of the financial markets thereby increasing the standard of knowledge and skills the students shall possess by the end of the programme," said Sanjay Deshmukh, Vice Chancellor of university.

Datta added that job opportunities go beyond with digital payments and financial expertise being increasingly seeked by large organisations.

LendingKart, Ezetap, MobiKwik, Paytm, Perfios and Zestmoney were Indian fintech companies that were listed by CB Insight among the top 250 most promising fintech firms across the globe.

"While an MBA is certainly what the industry needs, there is nothing that can replace domain expertise. There is a huge opportunity in fintech growth but it is also important to have a flexible syllabus that will accommodate changes in and regulatory changes," said Naveen Raju. Executive Director of TiE

TiE, which provides an entrepreneurial network for businesses, witnesses at least 30 to 40 per cent of their members dabbling in fintech solutions. Product management, design thinking and entrepreneurial skills are the top requirements for grooming fintech professionals, added Raju.

First Published: Fri, July 28 2017. 19:48 IST