On February 3, Mumbai based BSE Institute Ltd (BIL), the leader in financial education, announced the launch of its Post Graduate Programme in Global Financial Markets (PGP-GFM) with a specialisation in Fin-Tech – a first of its kind in India. It is a two year full-time industry endorsed programme. It includes detailed study of Blockchain, Algorithmic Trading, Digital Currencies, Cyber Security, Fin-tech Analytics, Robo Advisors and Systematic Trading. The programme will offer students an opportunity to learn about the emerging financial technologies, products, services and innovations in the Fin-Tech industry. Students will also get a hands-on experience on fin-tech products and tools including working on simulators to get a real feel of the emerging financial technologies.
Fin-Tech as an industry has attracted billions of dollars as investment. Fin-Tech is positioned to disrupt major business models across several financial services and functions not limited to banking, insurance, money transfer, payments, investment management, deposits, lending, capital markets and many other business areas.
The Indian financial services sector has embarked upon its digital journey and is catching up fast with its global peers. The Indian fintech industry is forecasted to touch USD 2.4 billion by 2020. The transaction value for the Indian fintech sector is currently about USD 33 billion and is forecasted to reach USD 73 billion02 in 2020 growing at a five-year CAGR of 22 per cent. This is resulting in a increasing demand for professionals with combination of technology and financial domain skills. However there is an absence of programmes designed to address this need.
Students specialising in the Fin-tech programme will learn how to master these emerging technologies, learn from rapid innovations being done in the Fin-Tech domain and gear up to deal with the expected disruption by understanding and experiencing the future of transactions and commerce.
BSE Institute Ltd. is a 100 percent subsidiary of BSE Limited and derives strength from being among the world’s fastest stock exchange with a transaction speed of 4 microseconds.
Ambarish Datta, MD, and CEO, BSE Institute Ltd. said, “Fin-tech is the new future of commerce and business which will not only disrupt but redefine business models, consumer behavior and the fundamental structure of the entire financial services industry. In addition, with the Government of India aggressively promoting the Digital India movement, with less cash as a proposal, there will be a large need for specialised professionals to execute and deliver these emerging technologies.”
As a wholly owned subsidiary of BSE Limited, Mumbai based BSE Institute Limited (BIL) inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 140 years. For more information, visit www.bsebti.com.
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