All about BBA Financial Technology Course

Introduction to Financial Technology

Financial Technology (Fintech) is used to describe new tech that seeks to improve and automate the delivery and use of financial services. At its core, fintech is utilized to help companies, business owners and consumers to better manage their financial operations, processes and lives by utilizing specialised software and algorithms that are used on computers and increasingly smartphones.

The financial technology also includes the development and use of crypto currencies such as bitcoin. That segment of fintech may see the most headlines, the bog money still lies in the traditional global banking industry and its multi-trillion-dollar market capitalisation.

Few lines about BBA Financial Technology

The BBA Financial Technology is a 3-years undergraduate course that is divided into 6-semesters. The fintech is a term collectively used for new applications, procedures, products or service plans in banking and finance industry. The course covers basic domains of finance and technology including financial technology, blockchain & cryptocurrency, forensic accounting and fraud management.

The course provides a sound understanding of financial issues such as financial safeguard, smart contracts and electronic payments systems. The course aims to develop skilled professionals for banking and finance sectors.

Eligibility for BBA Financial Technology Course

The students who have completed their PUC or 10+2 with 50% from recognised board are eligible to apply for BBA Financial Technology Course.

Admission Procedure

The students with relevant qualifications can join to BBA Financial Technology course by two modes. The first one is Merit based admission and the second one is direct admission.

Let’s discuss in detail

1. Merit Admission

There are many top educational institutes that conduct entrance exam for the BBA Financial Technology course. This mode is called as merit admission mode. The entrance exams are conducted to select the serious and hardworking students from the group of non-serious candidates to the available limited number of seats in the colleges. The qualified students are allotted the merit seats and are given admission, the fees are fairly nominal for merit admissions.

2. Direct Admission  

The students have another option of getting admission to BBA Financial Technology course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges under management quota. The direct admission students enjoy many special privileges like they are not required to apply for any institution-based entrance exam for getting admissions. They have an option to choose their desired colleges and book their seats even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.

Course Curriculum

The students of BBA Financial technology course will be studying the following subjects during their course duration.

Career & Scope

The BBA Financial Technology students can find ample job opportunities in banking and financial sectors. They are readily hired in various national and international banks with better salary packages. They can even join to MBA for further studies.

Salary & Emoluments

The fresh BBA Financial Technology students will be earning around 5 lakhs to 10 lakhs per annum. The experienced professionals will be earning around 10 lakhs to 15 lakhs per annum.

Top organisations hiring BBA financial technology students

Some of the top organisations hiring BBA financial technology students are:

• HSBC Bank
• HDFC Bank
• ICICI Bank
• Kotak Mahindra Bank
• Axis Bank

Placement Opportunities

Some of the job roles available are:

Risk Manager: The risk managers advise organizations and businesses on any existing risks to their profits, identifying and evaluating possible threats and setting up contingency plans. Risk managers may specialize in technology risk, business continuity, markets and corporate governance (and a number of other areas).

Financial Manager: The financial managers provide financial analysis to companies, evaluating their products and assets and suggesting any changes where necessary. Typically, they are employed by banks, investment houses and mutual fund companies, they use their expertise in applied mathematics, statistics and IT to help businesses prosper.

Derivatives Trader: The derivatives traders are highly specialized stock traders. Simply put, they buy and sell derivatives (financial products that derive their value from their relationship with another asset or cash flow e.g. swaps, futures contracts, employee stock options, exchange traded stock options).

Asset Manager: As an asset manager one will be working in an asset management organisation. They are responsible to manage assets (intellectual property, human capital, financial assets and goodwill) on behalf of people and businesses in order to achieve the greatest possible returns.

Fund Manager: The fund managers handle and supervise funds to maximize returns. As a fund manager one could be working in a number of financial sectors, from banking or a brokerage firm to insurance or the treasury departments of a large industrial group.

Financial Consultant: As a financial consultant, one will be offering the money management expertise and advice to individuals and businesses in order to guide them toward their desired long-term goals, which might be anything from debt management to growing their investments and savings.

Conclusion

The BBA Financial Technology students can find abundant opportunities in the banking and financial sector. They are largely hired in various national and international banks. They are considered as financially strong professionals with excellent financial knowledge. The organisations are ready to pay handsome salaries for skilled BBA Financial Technology students. The skilled professionals can expect excellent career growth in the field. The students with a passion towards technology and finance can join to this course.