FinTech courses add a lot of value to your resume. They can be undertaken at any point in time.

While major cryptocurrencies such as bitcoin have slumped this year, the number of jobs in finance requiring knowledge of the sector continues to increase. Universities are offering bachelor's in Fintech that could be the ones to fill the gap — and demand for crypto and blockchain-related teaching is growing. Fintech and cryptocurrency courses offered by various universities equip learners with knowledge of myths versus facts about the technology; key concepts of blockchain technology; investment options in cryptocurrency; fundamentals of blockchain technology; business cases in which blockchain does or doesn't make sense; and more. FinTech courses add a lot of value to your resume. They can be undertaken at any point in time. Whether you are a professional looking for a meaningful change or a fresher who wants a fantastic headstart in their career, these courses can give you the right direction.

Importance of Fintech

FinTech, the short form for Financial Technology, gathers and cycles information continuously and is being viewed as a revolution in the finance sector. It has changed how organizations are working and has changed how banks and monetary foundations handle their financial administrations. FinTech has made finance and money handling easier for the masses, especially for small and local businesses.

Universities offering Bachelor's in Fintech

The University of Southampton in the UK, for example, has changed its bachelor's in finance degree to a 'bachelor's in finance and financial technology,' covering crypto, crowdfunding, peer-to-peer lending, and technology. Larisa Yarovaya, who runs the new course at Southampton, says it's been several years in the making and would have happened more quickly without COVID. "The course is designed to provide students with more fundamental knowledge about issues like blockchain and the synergies between finance and technology," Yarovaya says. "Nowadays, just teaching traditional finance might limit our students' career prospects. We wanted to integrate these cutting-edge technologies into a course that's as innovative as possible."

Southampton isn't the only university to launch a focused fintech degree. In the US, the New Jersey Institute of Technology has launched a new bachelor's in fintech, covering crypto, blockchain, and artificial intelligence. The UK's University of Sussex has a new finance and technology degree starting next year, and the University of Reading's ICMA center started a new BSc in finance with a fintech focus in 2021.

Importance of Cryptocurrencies in the Indian Fintech Industry

The Indian fintech industry is expected to hit US$84 billion in 2025 with a CAGR of 22%. The fintech industry has started thriving in India since the global digital transformation and the 'Digital India' scheme by the Government of India. It is well-known that there is a rise in cryptocurrency investment or exchange in the fintech sector of India. Investors, as well as fintech companies, are highly interested in the cryptocurrency market for the growth of the Indian fintech industry efficiently and effectively in the tech-driven future.

The rising demand for multiple cryptocurrencies such as Bitcoin, Dogecoin, Ethereum, and hundreds of others has created a major impact on the economy of any country. Being a developing country, India is now focused on the cryptocurrency market and multiple investors, business people, companies, banks, and other financial institutions have started taking a huge interest in popular cryptocurrencies. A government policy on cryptocurrency holds the potential for ample growth in the Indian fintech industry through more job opportunities, utilizing tech talents, improving financial infrastructures, eliminating scams and frauds, and many more. It tends to increase revenue and motivates to become one of the global powerhouses across the world.

India can solve multiple financial concerns and issues with the implementation of a decentralized financial platform while accepting cryptocurrencies as a legal payment method. The introduction of the use of popular cryptocurrencies in the cryptocurrency market can make the monetary policy of India stronger and better than the existing one. Bitcoin holds the potential to reduce much burden on regulators such as control over fraudulent activities.  The fintech industry of India has given rise to multiple different fintech companies and start-ups that have successfully raised around US$1 million or billions of dollars from different fundraising events such as Series A, Series B, Series D, and many more from lucrative investors.

The outbreak of the coronavirus pandemic has created a massive loss in the Indian economy. The bull markets of cryptocurrencies can provide sufficient opportunities to earn income from the cryptocurrency market in these unprecedented times. India has a large customer base and transactional volumes that are appropriate for the contributions of cryptocurrency to the growth of the Indian fintech industry.