In fall 2016, New York University's Stern School of Business will launch an MBA specialization in Financial Technology, or "FinTech."
FinTech—which refers to the use of technology to streamline financial services—is a booming industry. Investments in financial technology have increased from $1.8 billion in 2010 to $19 billion in 2015.1, according to NYU.
NYU's new MBA specialization will prepare students for roles in the changing FinTech space. “Inevitably, there will be more peer-to-peer exchanges without a human middleman to certify the transaction. In addition to start-ups, many jobs will be situated in legacy banks that are currently racing to catch up with the technology.” says NYU Finance Professor David Yermack.
The specialization will include a range of FinTech courses covering topics like data management, the impact of digital currencies on financial services, and trading strategies, among others.
For more information, please see the NYU - Stern news release announcing the launch of the MBA specialization in FinTech.