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Research Report

The Rise of Fintech

How Universities Can Prepare Students for Fintech Careers
Jennifer Lerner, Senior Director, Professional and Adult Education Forum

Financial technology, or fintech, is disrupting and democratizing the financial industry. Both traditional financial institutions and start-ups are hungry for talent. Fintech job postings have grown 3.5 times faster than the broader U.S. job market has grown (7% growth vs. 2% growth across 2021).

Employers want more technical experts for coding and analytical roles. They also need financial specialists and talent that sit uniquely at the intersection of technical and financial expertise. And higher education institutions must play a role in preparing students for these high-paying fintech positions.

This study explores fintech roles, skills, and opportunities for higher education institutions to align programs to fintech market demand. Download the study as a PDF, or explore the highlights below.

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Fintech is disrupting and transforming financial services across the globe

Established financial institutions as well as start-ups are using machine learning, data analytics, and digital banking tools to make faster and more accurate predictions of financial risks. These tools provide investors with better data and give individuals access to personalized guidance that was once available only to those with greater resources.

This expansion of financial services has created more competition for customers, resulting in better terms and ultimately more access.

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  • What is fintech?

    • Retail or digital banking
    • Wealth and asset management via robo-advising or investment and trading platforms
    • Insurtech
    • Peer-to-peer lending
    • Cryptocurrencies (and corresponding marketplace)
    • Digital payments and transfer platforms

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