BBA Financial Technology i.e. BBA Fintech Course is an important educational step in a student’s career who wants to build a career in the Fintech sector. It is a 3-year undergraduate program that combines finance and technology in their curriculum.
This Bachelor’s in Business Administration course also combines elements of business management to prepare students for careers in Banking, Finance, and Insurance. Here, students learn about urgent industry needs such as blockchain, digital banking, cloud computing, financial modeling, and regulatory technology, among others.
What is BBA Financial Technology?
A BBA or Bachelor’s in Business Administration in Financial Technology (Fintech) is generally a 3-year undergraduate degree that teaches students about business management, finance, and technology as part of its course. It prepares students for employment in banking, finance, financial modeling, regulatory technology, insurance, etc.
Students in this course learn through coursework, case study, and projects.
Why BBA in Financial Technology?
Due to the burgeoning Fintech sectors in most industries, a BBA in Fintech will equip an individual for highly demanded job prospects. Besides lucrative job options, there are several more reasons why a BBA in Financial Technology will be a course worth pursuing. Here are the reasons:
- BBA Fintech graduates can earn somewhere around INR 6-8 LPA, with the number rising with their experience.
- Since most industries are shifting their day-to-day financial activities into a digital mode, Fintech has become a very sought-after field in the world. A BBA Fintech graduate will develop those skills that fulfill those demands.
- A BBA Fintech graduate can pursue a career in blockchain development, risk management, cybersecurity, financial analysis, and other options.
- The Fintech industry is not only a growing field but is also an innovative one. Due to its novelty, there are newer things to learn and innovate every day as Fintech blooms into a major field in the future.
- Fintech is also a dynamic area of the industry, one that’s expected to be worth $1.5 trillion by the end of 2025 as per a report by linearloop.
- BBA Fintech graduates can also wish to pursue a specialized field in the future if they like. They can opt for an MBA in Fintech, preferably from a reputed college like MBA ESG, Bengaluru.
BBA in Financial Technology: Course Highlights
An intersection of finance and technology, often combined with business management, a BBA in Financial Technology or Fintech has all the prerequisites in its course to prepare a student for a successful career path in finance, technology, and business.
As part of the course, students learn about various existing industry needs such as blockchain, digital payment systems, artificial intelligence, machine learning, digital transactions, phone banking, peer-to-peer payment networks, financial management, fintech innovation, cybersecurity, etc.
Some of the other courses that might be covered in BBA Fintech are forensic accounting, fraud management, financial safeguard, smart contracts, electronic payments systems, business intelligence and tools, cryptocurrency, etc.
After graduating from this course, students can opt for a wide variety of jobs in the market. From being a financial analyst to an investment banking analyst, a BBA Fintech graduate can explore any of the jobs. They could also go for financial consultancy, financial management, or just being a personal financial advisor.
BBA in Financial Technology: Admission Process
The BBA in Financial technology is usually a 3-year undergraduate program, where students learn across core subjects and specializations. The Academic season begins every year from June onwards. The admissions generally start from October onwards.
To be eligible for a BBA in Financial Technology course, a student must pass Class 12 with a minimum of 50% marks across all subjects.
Once the admission rounds start, he/she can then submit the application form by filling in all the required details. After that, there will be an entrance test. Once the result of the entrance exam is announced, the student can complete the registration process by submitting the remainder documents and necessary fee payment.
Finally, they can start their 3-year 6-semester journey of the BBA Fintech program.
BBA in Financial Technology: Average Starting Salary
The average starting salary for a BBA in Financial Technology or Fintech is somewhere between INR 6 – 8 LPA. This may increase with experience.
However, it is noteworthy that the average starting salary may vary based on several factors such as the company’s reputation, the educational background of the employee, any previous work experience, the location of the job, and any other additional skills.
BBA in Financial Technology: Syllabus and Subjects
The BBA Fintech syllabus may vary from one institution to another. However, here is a general list of subjects covered in its curriculum:
Core Subjects – Business Economics, Business Statistics, Human Resources, Organizational Behaviour.
Specializations – Financial Accounting, Financial Accounting, Business Finance, Cost and Management Accounting, Banking, Insurance.
Some other subjects that may be part of this are Principles of Management, Marketing, and Human Resource Management and Entrepreneurship
BBA in Financial Technology: Entrance Exams
While certain colleges may have their exclusive entrance exam for selection, here are some of the common entrance exams to clear for pursuing a BBA Fintech course from any reputed college:
- CUET (Central University Entrance Test) is an India-level exam conducted by the National Testing Agency to admit students in undergraduate courses like BBA.
- MBA ESG in association with Alliance University
- SET
- IPMAT
- NMIMS NPAT
- AIMA UGAT
- MAH BBA CET
Future Scope BBA Financial Technology in India
In India, and the world over, Fintech is a rapidly developing field. Most industries, across sectors, are aggressively shifting their mode of operations to digital. Financial transactions and dealings are spearheading this shift in mode of operations. Due to this, Fintech, as a field of study, has become a highly prized and sought-after field in almost all industries.
It has opened up a variety of jobs in all industries. To fill this increasing gap of jobs, more and more business colleges are now including a BBA course in Fintech. A BBA in Fintech provides a strong foundation in digital technologies, financial principles, and their seamless integration.
The Indian Fintech industry is expected to reach a $1.5 trillion valuation by the end of 2025. This is raised from $584 billion in 2022. With such a large leap in growth in just 3 years, Fintech is only expected to grow further in the coming years.
Some of the Fintech models and sectors that will take over the world as per investors are:
- Insurtech
- Digital Share Broker
- Cross-Border Payments
- RegTech
- Digital Operating Platform
- Online Payments Processing
- Savings and Budgeting Apps
- Peer-to-Peer lending solutions
- Fraud Analysts Software
As for a career, here are some of the various job designations that one can opt for after studying BBA in Financial Technology or Fintech:
- Financial Analyst
- Personal Financial Advisor
- Investment Banking Analyst
- Finance Manager
- Research Analyst
- Product Manager
- Compliance Expert
- Qualitative Analyst
Why choose MBA ESG for BBA in Fintech?
MBA ESG is a college in Bengaluru that provides a wide array of specialized courses for both BBA and MBA. The BBA Fintech is one of the newer specialized interdisciplinary courses that provide an in-depth understanding of various fintech platforms and technologies. Key subjects like cryptocurrency, blockchain, business intelligence tools, peer-to-peer payment platforms, smartphone banking, electronic payment systems, and fintech payments and regulations, among others will covered as part of this curriculum.
MBA ESG also currently ranks among the Top 20 business schools in Europe and the top 4 in Paris. With over 35 years of legacy, MBA ESG has partnered with Alliance University, Bengaluru for its BBA and MBA programs. Studying here will earn students both a degree from Alliance University and a certification from MBA ESG, Paris.
Moreover, MBA ESG highlights practical learning, global exposure, and industry insights as part of its 3-year course here. The faculty too is comprised of industry experts, teachers, and researchers. This portfolio model allows MBA ESG students to immerse themselves into the industry seamlessly.
Fintech is a highly demanded and growing field of work that’s rapidly disrupting the finance world. Pursuing a BBA, followed by an MBA, in Fintech from MBA ESG will allow a student to have a steady and lucrative career in most industries. Since the college curriculum is geared toward industry needs, MBA ESG students are well-prepared for it once they start a job.
To top all of that, MBA ESG provides placement support to all our students across campuses. The placement rate has been above 80%, with the higher packages reserved for most of them.
Career and Job Opportunities After BBA in Fintech
A BBA Fintech graduate can pursue a wide array of jobs in the current financial world. Here are some of their career options as listed below:
- Blockchain Developer
- Quantitative Analyst
- Compliance Officer
- App Development Specialist
- Financial Consultant
- Personal Financial Advisor
- Investment Banking Analyst
- Finance Manager
- Research Analyst
- Product Manager
- Cybersecurity
Frequently Asked Questions
1. What is FinTech in BBA?
Fintech in BBA is a 3-year undergraduate course that combines Finance and Technology to provide modern-day solutions in businesses. Its curriculum prepares students for a career in banking, finance, insurance, and related fields. Fintech, as a relatively new field, has taken the financial world by storm, and most businesses are opting for Fintech solutions like digital transactions, smartphone banking, peer-to-peer payments, etc.
2. What is the salary of a BBA in FinTech?
The average salary of a Fintech graduate can range from INR 6-8 LPA. However, the salary may vary depending upon location, the experience of the employee, educational background, company reputation, etc. Their salary might increase with experience.
3. Is BBA in FinTech worth it?
Yes. Pursuing a BBA in Fintech is worth it since it opens up many viable career options in the future. One could gain knowledge and industry insights and start a career in any financial industry with a lucrative salary. They could also do further education and pursue an MBA in Fintech from reputable colleges like MBA ESG.
Fintech is a very in-demand area of the industry, one that will grow to be worth $1.5 trillion by the end of 2025. Therefore, with such a large job market, pursuing a BBA in Fintech is worth it for a suitable career.
4. What is the Scope of BBA in FinTech?
The scope of BBA in Fintech is wide and ever-expanding. A BBA in Fintech provides a strong foundation in digital technologies, financial principles, and their seamless integration. From being a Financial Analyst to a Financial Advisor to an Investment Banking Analyst to a Compliance Expert, and many more, a BBA Fintech graduate can explore various job designations.
The Indian Fintech industry is expected to reach a $1.5 trillion valuation by the end of 2025. This is raised from $584 billion in 2022. With such a large valuation jump in 3 years, Fintech is only expected to grow more and seep into a wider range of industries. Insurtech, Digital Share Broker, Cross-border payments, Regtech, Digital Operating Platforms, etc. are some of the Fintech sectors that investors are expecting to go big in the future.
5. What is the Difference Between BBA in Finance vs Fintech?
A BBA in Finance deals with mainly the financial aspects such as the management of money and assets. A BBA in Fintech, on the other hand, is about the seamless integration of finance with technology, and using technology to find solutions to financial dealings and activities.
6. Is MBA ESG a good choice for the BBA Fintech program?
Yes. MBA ESG is a good choice for the BBA Fintech program. The BBA Fintech in MBA ESG is one of the newer specialized interdisciplinary courses that provide an in-depth understanding of various fintech platforms and technologies. Key subjects like cryptocurrency, blockchain, business intelligence tools, peer-to-peer payment platforms, smartphone banking, electronic payment systems, etc are taught by industry experts.
Students pursuing a BBA in Fintech will be well-versed in industry operations and can easily acquaint themselves with the industry demands.