Financial Technology, often abbreviated as FinTech, is changing how banks and financial companies work. Companies such as Goldman Sachs and JP Morgan are looking for professionals who are equipped with both finance and technology disciplines. For students interested in pursuing an MBA course and dreaming of working in fintech companies such as Goldman Sachs and JP Morgan, there are various MBA specialisations.
Students planning to pursue an MBA and want to work in the field of finance should choose a specialisation that aligns with their aspirations and future goals. Fields such as Finance, Business Analytics, Information Systems, and Financial Engineering are now in high demand among top recruiters in fintech roles.
In this article, we will discuss some of the popular MBA fields for fintech careers at popular companies such as Goldman Sachs and JPMorgan. During the tenure, students will learn the skills and subject matter related to the courses.
Goldman Sachs is the world’s leading investment banking and investment management firm. Goldman Sachs invests around $4 Billion annually in technology. Even though Goldman Sachs is a well-renowned financial company, still, 25 per cent of its workforce are engineers.
This is a testament to its dedication towards technology. Goldman Sachs also launched Marcus (consumer banking), the Apple Card partnership and Transaction Banking (TxB) and hosts hackathons and invests in FinTech startups.
JP Morgan is one of the largest banks globally, and it also invests aggressively in fintech and innovation. JP Morgan spends $17 billion on technology and also invests a major chunk towards emerging technologies such as Artificial Intelligence, Blockchain and Cloud Computing. JP Morgan operates the Commercial and Investment Bank (CIB), which works across strategy, fintech, and product management.
FinTech industry combines finance, technology, and innovation therefore professionals should have multidisciplinary skills. Prominent MBA specialisations such as Finance, Business Analytics, and Information Systems allow the students to tailor their education to match the demands of fintech roles, especially leading firms such as Goldman Sachs and JP Morgan.
Prominent banks and fintech companies recruit the candidates based on relevancy of their specialisation. Recruiters find such applicants serious about their chosen career paths, they have the necessary skills, they can opt for leadership and managerial roles right after graduation. Having the above mentioned skills gives the students an edge in competitive environments of MNCs such as Goldman Sachs and JP Morgan.
Some of the popular MBA fields to apply for FinTech roles at Goldman Sachs and JP Morgan are discussed below.
An MBA in Finance is a postgraduate degree programme that equips students with in-depth knowledge of financial management. MBA Finance is an ideal course for a FinTech career because it provides students with a strong foundation of core finance topics, which are crucial for a career in finance. FinTech innovations such as peer-to-peer lending, transaction delivery, and digital wallets all make use of fundamental finance concepts.
Listed below are some of the popular MBA Finance colleges in India, along with their respective fee details.
Colleges | Fees |
|---|---|
Rs. 2.67 Lakhs | |
- | |
Rs. 25.40 Lakhs | |
Rs. 1.80 Lakhs | |
Rs. 6.93 Lakhs | |
Rs. 25,450 | |
Rs. 1.80 Lakhs | |
Rs. 1.80 Lakhs | |
Rs. 1.71 Lakhs |
MBA in Information Systems is another popular specialisations that deals with how businesses use technology, data, and business tools for operation and growth. Duration of the course is two years. MBA in Information Systems provides knowledge of understanding business models in finance and banking course, working with IT systems, cloud platforms, APIs, and managing digital transformation projects.
We have provided below some of the popular colleges providing MBA Information Systems, along with their respective fees.
Colleges | Fees |
|---|---|
Rs. 3.54 Lakhs | |
Rs. 14.56 Lakhs | |
Rs. 13.58 Lakhs | |
- | |
Rs. 1.20 Lakhs | |
Rs. 2.04 Lakhs | |
Rs. 2.30 Lakhs |
MBA in Business Analytics is a popular programme. It includes using data science and tools to make smart business decisions. FinTech as a discipline runs on real-time analysis, automation and smart decision-making. MBA Business Analytics is an ideal course that provides students with in-depth knowledge of data analysis with business acumen.
We have discussed some of the popular MBA Business Analytics colleges in India with their respective fee information.
Colleges | Fees |
|---|---|
Rs. 1.17 Lakhs | |
Rs. 2.01 Lakhs | |
Rs. 2.67 Lakhs | |
Rs. 7.54 Lakhs | |
Rs. 26 Lakhs | |
Rs. 7 Lakhs | |
Rs. 5 Lakhs | |
Rs. 3.67 Lakhs |
MBA Product Management is a popular course that prepares students to manage and launch successful products. Product Management as a discipline is experiencing huge growth with applicability in various industries. FinTech as a career depends heavily on product creation and management. From mobile banking to digital lending platforms, all these make use of product management. They develop new age features, improving onboarding, payments, and enhancing security and compliance.
Multinational companies such as Goldman Sachs and JP Morgan are in need of people who have a strong understanding of finance and technology. Therefore, choosing the right MBA specialisation is very crucial. Graduates can open the doors to exciting fintech roles. During the course tenure of the MBA, students should pick projects, internships and elective courses from different specialisations.
On Question asked by student community
Hello,
Some of the prominent BBA+MBA colleges are IIM Indore, IIM Rohtak, IIM Jammu, IIM Bodh Gaya, IIFT Kakinada campus. You can check the complete list of bba mba integrated mba list here, Integrated MBA colleges
Hope this helps.
Hello Aspirant,
It's fine if you have a low score in your academics, but to get a seat in IIM for MBA, you must get a good score in CAT.
The choice is entirely based on your field of interest, since both are very different. Here are some of the points that may help you choose.
A BTech degree focuses on the technical aspects, and an MBA’s focus is on the management or leadership roles.
You need to check the
Hello,
MBA in Business Analytics
focuses on data based decision making and involves expertise in tools and language like SQL and Python. BA has strong growing demand across various industries and good colleges offer stable placement around 10-25 LPA average.
MBA in Global Finance
on the other hand focuses on
Hi Tanya,
The fees for MBA IB distance course range from Rs. 50,000 to Rs. 2,00,000. However, the MBA IB distance course fee at IIFT is Rs. 10,50,000 which includes an alumni fee of Rs. 10,000. SC, ST and PWD category candidates are given 50% concession in tuition fee only.
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