As technology has hit almost every industry, financial technology will be the new way to do business in the next decade. According to Forbes, this industry will grow at a rate of 74.16% from 2019 to 2025. There are a lot of opportunities in this field. To keep pace with the changing business environment, many universities and colleges have started to set up programs and courses in this field.
In this blog, we will learn what FinTech is, which Australian universities are offering programs, what are the job opportunities and how can you start your own setup?
What is Fintech?
Financial technology is a more secure and sophisticated way to manage business transactions. With a smartphone, laptops and different apps are touching this market every year, for not only a general customer, but this facility is also helping entrepreneurs and other enterprises to foster their business with the help of real-time links; these links are between customers and service providers.
In the traditional way of business, things didn’t happen very quickly with chances of fraud and human error as well. Whereas FinTech cut down major constraints with the help of block chain technology and artificial intelligence.
Australian Universities offering Fintech programs
Australian educational sector is improving in this field and coming up with various programs and opportunities. The purpose is to provide a learning environment where students can prepare for upcoming breaks and challenges.
Likewise, many universities are providing courses to grow trained professionals in data analytics, Robo-advice, and cryptocurrency. On the top of the list is “Swinburne” which is offering Australian first-ever FinTech post-graduate course. Other than that the University of Melbourne is touching this new world. On the list, there is UNSW business school offering programs in this major.
Career growth
This industry has a lot of potential and growth opportunities. Different financial sectors are seeking help from talented and trained employees. So, if you are planning to jump in this field then you will not have anything to lose.
You can look into various job options which are explained below:
Business Development officers
These agents help to grow the sales network of the companies. You can grow the real assets and wealth, benefits of fixed salary commission with every new project.
Associates research analyst
An excellent prospect to be a research analyst in the financial sector, you need to have prime skills and attributes like providing investment views, financial modeling and business evaluation.
Software Engineering
This industry is not limited to financial education but experts from information technology can do their part as well. Like software engineering for block chain projects that can help to build tools and P2P based decentralised apps.
Cryptocurrency trader
You will be dealing with job responsibilities like buying and selling coins and exchanging one cryptocurrency to others.
To get upcoming details and new openings, you can visit Australian Fintech, being a premier job portal in Australia.
Start your setup
Be your own boss and be a part of a startup. Already people around the world are using block chain technology and cryptocurrency to offer different products. Entrepreneurs are upgrading the traditional ways of doing business using smart contracts and other highly sophisticated methods of doing business.
Yes, if you have an idea and want to a part of this booming industry then this is the right choice for you.
