Financial Technology (FinTech) is one of the fastest growing industries worldwide. It’s thriving, receiving $17.4 billion in investments in 2016 alone. According to the EY FinTech Adoption Index, one-third of people globally use two or more FinTech services with 84% saying they’re aware of FinTech.
So, it’s no wonder that many EMBA schools and students are interested in FinTech as one of the latest fields of interest. It covers such a wide range of technologies and innovations within the financial sector including automation, money transfers/payments, investment management, retail banking, fundraising, wealth management, and more. More, it’s a field that’s disrupting traditional financial markets and being adopted by some of the world’s top banks including HSBC and Credit Suisse.
The question is then, “Where should you earn your EMBA if you’re interested in FinTech?” Since it’s a constantly evolving industry, you need to attend a business school that is up-to-date with the latest technologies and on the cutting-edge of FinTech research and curriculum. For that, we’ve taken an in-depth look at Ivy Exec’s 2018 Best EMBA program rankings to find the 2018 top EMBA programs for FinTech including London Business School, IE Business School, and Loyola Marymount University. Here’s why.
3 Top EMBA Programs for FinTech
London Business School Executive MBA
London Business School places a strong emphasis on FinTech-related activities and opportunities with 31% of EMBA graduates heading into Finance. For students interested in this career-field, there are many events hosted on a regular basis at the school offering everything from career advice to recruitment opportunities, thought leadership, networking, and in-depth research.
Beyond events, FinTech is also worked into the courses available at LBS. Within executive education, students can take Exploiting Disruption in a Digital World or FinTech. Other courses offered for students include Introduction to Data Science for FinTech, Managing Digital Organization, and Elements of Machine Learning for Business. The courses are ideal for both newly-interested and highly-experienced FinTech students who want to learn more about the new finance market and how to capitalize on opportunities and changes.
And for students who choose this path, they’ll learn from some of the top FinTech research professors in the world. Professor of Finance Julian Franks is an associate editor of five finance journals and regularly conducts research on various financial areas including FinTech, corporate ownership, and the cost of capital and regulation. On the other hand, Professor of Finance Narayan Naik is considered one of the leading experts on hedge fund investing with his most recent innovation being the creation of FinTech and the Financial Services Industry Transformation elective.
As for recruitment opportunities for students, there are many FinTech companies who recruit from LBS including Prodigy Finance, Atom, MasterCard, stripe, PayPal, worldpay, and tilt, just to name a few. And interest from these companies is only growing at LBS with FinTech being considered a major source of employment growth at the school.
IE Global Executive MBA
IE Business School is considered one of the leaders of FinTech education in Europe. The school has many programs in place that specialize in fields such as blockchain, crowdfunding, cryptocurrencies, cybersecurity, and AI within the finance industry. Each of these programs is designed to provide students with the powerful tools they need to tackle challenges in the FinTech field.
In fact, IE Business School is the first school in Europe to offer a Masters in Finance and a Masters in Advanced Finance with a specialization in FinTech. And this specialization has opportunities that spill over to the IE Global Executive MBA program. Students will have access to courses covering a variety of topics such as big data, roboadvising, and algorithm management that will provide them with the knowledge and skills they need to have a solid understanding of the FinTech field. In total, IE Business School offers a selection of 200 courses involving Finance.
Outside of coursework, IE Business School is also home to the IE North America FinTech Challenge, where students are asked to solve a FinTech case and present their best business model for a FinTech company. Other opportunities offered by the school include events such as FinTech: A Road Map for the Future of Finance.
And all of these FinTech opportunities translate into careers for IE Business School students. Last year, FinTech companies made up 5% of hires from the International MBA class and 15% of the IE Global Executive MBA class went into financial services in general.
Executive MBA at Loyola Marymount University
The nationally-ranked Executive MBA program at Loyola Marymount University is a great choice for students interested in pursuing a career in FinTech. In 2018, the school launched a range of graduate business programs and finance courses within the FinTech field including big data analysis, data mining, business applications of blockchain, and more. And the courses are taught by leading finance professors who have written for publications such as Advances in Financial Education and Journal of World Business.
And, being a Silicon Valley-based University means that graduates have the opportunity to work for top tech companies with 30% of EMBA graduates heading into InfoTech and 13% heading into Finance. Some FinTech employers interested in LMU EMBA graduates include Wells Fargo, One West Bank, and Apple.
EMBA students also have the opportunity to participate in a one-week trip all about innovation and entrepreneurship. This trip allows students to work with innovative companies in Sacramento and Silicon Valley to research the processes these companies use to create and support new technologies and products. FinTech and Loyola Marymount University go hand-in-hand.
There’s no doubt that FinTech is a field that’s here to stay with the latest projections pegging the compound annual growth rate at 74.16% from 2019 through 2025. It’s a marketplace that’s booming and will continue to disrupt every area of finance, and attending one of the top EMBA programs for fintech will ensure you can join in for the ride.
Ivy Exec’s goal in releasing its annual EMBA program rankings is to support its members and the broader, global professional community in making better-informed decisions when selecting the best-fit Executive MBA program for themselves. Pursuing an EMBA is a significant investment of time, not to mention money, so these rankings may help a professional consider potential ROI ahead of time.