What Is an MSM Concentration in Financial Technology?
One of the differences between an online graduate MBA program and an MSM program is that there is more flexibility in an MSM degree program because you can concentrate on a particular skill set, or interest to follow a more dedicated career path. Students sometimes have a tough time choosing between online MBA finance programs and MSM programs.
Sometimes, taking a look at the different concentrations held within MSM programs can help them decide whether they want to follow an online MBA finance concentration or opt for an MSM concentration in financial technology.
What Exactly Is Financial Technology?
Financial Technology, also known as FinTech, is a rapidly growing sector of the financial industry that may be a good fit for those who already have a financial background and have an interest in technology.
Instead of only being knowledgeable about the financial world, someone with a financial technology degree will also be an expert when it comes to software trends, networking and how to use multiple interfaces, how data and its use is becoming an integral part of the financial world, and how all of these practices blend in the “real world” of financials.
Many MSM degrees prepare graduates for managerial positions. For example, you may be knowledgeable about big data and how it’s a force not only in the financial field but everywhere in the corporate sector, or you may be involved in linking security and cloud computing together with the financial world.
With a financial technology MSM degree, your opportunities are boundless because you’re merging two skills that are both high in demand.
Who Might Be Interested in FinTech?
Those who may benefit most from a FinTech degree at NJIT include those who already have an undergraduate degree in specific fields.
For example, a typical FinTech student may already possess engineering, finance, applied science, or technology degree.
However, that doesn’t limit those with other undergraduate degrees from trying out a new career they feel may be interesting.
What Can I Do with a Financial Technology Degree from NJIT?
The big question is, what can I do with an MSM degree with a concentration in financial technology? There are many career paths one can take, and as you make your way through your studies, you’ll get a feel for what may be a good fit.
Some of our graduates have gone on into trading, information technology (IT), cryptocurrency management, investment banking, international finance, data mining applications, cybersecurity, and many more.