MBA in FinTech: Course, Syllabus, Fees, Eligibility, Colleges, Exams, Salary

MBA in FinTech (Financial Technology) is a postgraduate-level degree programme that offers a combination of financial technology and traditional business education. It is provided by several private and public universities in India. The MBA FinTech course spans over two years, divided into four semesters, aiming to prepare students for leadership roles in the dynamic field of business and finance. MBA FinTech course not only focuses on financial education but also provides insights into the use of technology to enhance financial services.

The MBA FinTech curriculum combines theoretical and practical education, offering specialised knowledge in financial and management accounting, marketing, strategic management, business policy, as well as blockchain and cryptography. This article will provide details on the scope, fees, colleges, benefits, and careers after an MBA in FinTech.

MBA FinTech Course Details

MBA FinTech Full Form

The full form of MBA FinTech is Master of Business Administration in Financial Technology. FinTech refers to number of new age technologies that deal with delivery of modern day financial technologies.

MBA FinTech Eligibility Criteria

The eligibility criteria of MBA FinTech may vary depending on the institute. However, most of the colleges have somewhat similar education requirements. MBA colleges generally follow a three-stage admission process, consisting of entrance examination, merit-score, and group discussions. Listed below are the eligibility guidelines of MBA FinTech.

MBA FinTech Admission Procedure

The MBA FinTech admission procedure can vary depending on the affiliation or governing body of the institution. State or central government-funded institutions typically follow a standardised admission process, which includes passing an entrance examination, seat allocation through counselling, document verification, and payment of course fees. However, private institutions may or may not require an entrance examination, and their admission process may vary from one college to another. In general, private institutions often have a more easy admission process compared to government-funded institutions. Here are the common steps involved in the MBA FinTech admission procedure followed by the top management colleges in India.

Step 1- Meet the eligibility requirements

Interested applicants should meet the eligibility requirements of the course, students can check the official website of the provider or the programme brochure to find these details.

Step 2- Fill the online application form

To register themselves, candidates should fill the application form. They can either find the application form on the official website of the provider or by visiting the admission department.

Step 3- Entrance examination

After registration, students should appear for relevant entrance examinations. CAT, MAT, CMAT, SNAP, and NMAT are popular entrance examinations.

Step 4- Group Discussion and Personal Interview

Apart from these entrance examinations, many colleges also conduct personal interview and group discussion sessions.

Step 5- Pay the course fees and submit relevant documents

Shortlisted candidates should pay the course fees and submit relevant documents to conclude the admission procedure.

Top MBA FinTech Entrance Exams

To secure admission to MBA FinTech courses at various colleges, candidates are required to appear for entrance examinations specific to each institution. Many top MBA FinTech entrance examinations are considered by colleges in the admission process.

MBA FinTech Cutoff for Top Colleges

The MBA FinTech cutoff is not static and varies annually, depending on factors such as the difficulty level of the exam, the total number of available seats, and the number of applicants. Most colleges consider the cutoff scores of exams like CAT, CMAT, GMAT, MAT, NMAT, and other state or university-level examinations for admission to MBA finance and technology courses. Each year, the cutoff scores are typically higher for general-category students and lower for reserved categories.

MBA FinTech Syllabus and Subjects

There is no fixed MBA FinTech syllabus as it varies based on the affiliations of colleges, although the curriculum remains consistent across all institutions. Typically, the MBA FinTech curriculum includes theoretical education in the first year and project-based learning in the second year. Core subjects, electives, laboratories, and projects collectively form the MBA FinTech syllabus. In the table below, we have compiled the MBA FinTech subjects taught at BITS Pilani.

MBA FinTech Syllabus of 1st Year

In the first year of MBA, candidates study topics such as Marketing Management, Managerial Economics, Introduction to FinTech, and Managing People and Organisations. Listed below is the first year syllabus of MBA FinTech.

MBA FinTech Syllabus of 2nd Year

In the second year of MBA FinTech, candidates will study advanced topics and concepts related to financial technology. Some of the subjects include Financial Analytics, Blockchain Applications, Strategic Management and Business Policy. Along with the subjects, students will also undergo a project work.

MBA FinTech Fees

MBA FinTech fees can vary significantly based on the institutions, their affiliations, and the facilities they offer. Academic and placement records, location, and teaching faculty are other factors influencing MBA FinTech fees. Government-funded institutions typically offer lower fees in comparison to their private counterparts and also provide scholarships under state or central government guidelines. The average MBA FinTech fees for the entire duration range between Rs. 6 lakhs to Rs. 13 lakhs.

MBA in FinTech Scope

Financial technology is a global industry, and professionals with an MBA in FinTech may find opportunities to work in different countries. Graduates can work in traditional financial institutions, startups, technology companies, regulatory bodies, and consultancy firms, or even launch their own FinTech startups and become entrepreneurs. With experience and continued learning, FinTech professionals can advance to executive leadership roles, such as Chief Financial Officer (CFO), and Chief Information Officer (CIO). If candidates are interested in higher studies, they can also pursue a PhD and work as an academician or researcher.

Career Options after MBA FinTech

After completing an MBA in Financial Technology, candidates have various career options in both the private as well as public sectors. Many FinTech professionals find careers in roles related to banking, investment, insurance, asset management, and payment systems. They might work in product development, risk management, financial analysis, or customer experience improvement. Here are some MBA Fin Tech career options candidates can opt for.

Top Recruiters

• Paytm
• Zerodha
• HDFC
• JP Morgan
• ICICI
• Goldman Sachs
• HSBC

Benefits of Studying an MBA in FinTech

MBA in FinTech provides expertise in business, finance, and technology-related subjects, which are highly relevant in today's evolving financial landscape. Online MBA in FinTech equips candidates with the skills and knowledge needed to excel in roles related to financial technology, blockchain, data analytics, and digital banking. Another benefit of an MBA in FinTech is that professionals with expertise in this field often earn high salaries, due to their specialised skills and knowledge.

Top Private MBA FinTech Colleges in India

Many private colleges offer an MBA in FinTech, students can check the official website of the provider or the programme prospectus to know the relevant course details. Listed below are some of the popular private MBA FinTech colleges along with their respective fee details.

Top Government MBA FinTech Colleges in India

As of now, only one government college, JNTUA School of Management Studies, Anantapur, offers MBA FinTech course. The average fee for the course is Rs. 54,000.