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online mba dual it and fintech

Updated at : February 20, 2024DOWNLOAD E-BOOK

Online MBA In IT and FinTech

An online MBA in IT and FinTech is a postgraduate-level course offered in India to students interested in obtaining a dual MBA specialisation in Information technology and Financial Technology. It is an innovative dual specialization degree that offers students a professional advantage by combining two important areas of growing demand in IT management circles. This one-of-a-kind program combines the principles of IT and FinTech to give workers a strong set of skills that will help them get through the complicated digital world we live in now.

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Universities

1

Duration

2 - 4 Years

Eligibility info

Graduation or Equivalent

Online MBA in IT and FinTech Program Overview

An online MBA degree in IT and FinTech Management is offered to students as a full-time two-year postgraduate course in the virtual/online mode. It can last for a maximum duration of 4 years. IT and FinTech are highly demanded and growing fields, so you can pursue various career options after completing this course. 

The value of a degree in MBAs online is well-known today, as it is one of the most prestigious degrees in management that a professional can possess. Being a highly-valued professional course in professional spheres, there are a large number of specialisations offered in various domains of business administration. The specialisation in IT and FinTech is a unique dual specialisation that allows students to grasp the functional areas in IT and CS. This confers to them a competitive advantage and professional advantage.

Why choose an online MBA in IT and FinTech?

In today's fast-paced job market, choosing an online MBA in IT and FinTech over an on-campus regular program has clear benefits. The online format gives you freedom, so you can mix your job with continuing your education without being limited by where you live. This makes it possible for a broad group of people to join, which promotes global views. The fact that the program is digital fits perfectly with the subject, providing a fully online learning experience in both Information Technology and Financial Technology. The online approach is a quick and easy way to learn about the intersection of IT and FinTech in a digital market that is changing quickly. Students can use their skills in the real world through projects, and faculty members have insider knowledge about the field.

it and fintech examples

Who Should Pursue an Online MBA in IT and FinTech? 

  • People who work in IT and want to learn more about the fast-paced area of Financial Technology (FinTech).
  •  People in finance and banking want to learn how to use new technologies like Bitcoin and algorithmic trade.
  • People who are interested in new technologies and how they can be used in the business world.
  • Professionals who want to move their careers into the high-demand and quickly changing area where IT and FinTech meet.
  • Entrepreneurs want to use cutting-edge IT solutions to change how standard financial models work.
  • Professionals worldwide want to learn the ins and outs of IT and FinTech in an open and easy-to-access online program.

When should I do an Online MBA in IT and FinTech?

Starting an online MBA in IT and FinTech after graduating from a respected college or university is a good idea. As a recent graduate, you have a new point of view and a solid understanding of current events. This program is a smart next step to help you easily incorporate cutting-edge IT and FinTech knowledge into your early job. If you do it early, you'll be at the forefront of digital change and have a special set of skills that align with how quickly the IT and FinTech industries are changing.

Key Highlights of Online MBA in IT and FinTech

  • The UGC-DEB has approved an online MBA in IT and Fintech Management as a valid degree course at the postgraduate level.
  • This comprehensive program lets students specialise in IT and FinTech, giving them a unique mix of tech skills and money sense.
  • The online structure allows people worldwide to receive advanced education while juggling work and school. This creates a dynamic and collaborative learning community.
  • This is a two-year full-time course divided across 4 semesters. There is a maximum period of 4 years for completing the course.  
  • This is a dual specialisation course offered in the same degree.
  • Aspirants can pursue this course after graduation in any stream from a recognised university. 
  • Real-world applications are emphasised in the curriculum through hands-on projects and case studies. This prepares students to deal with the challenges and possibilities in the fast-paced fields of IT and FinTech.
  • The average fee for this online MBA program in IT and Fintech ranges between INR 1,00,000 and INR 1,50,000 for the full course.  
  • This online MBA program covers several important areas: database management, e-commerce, blockchain management, technology management, etc. 

Online MBA in IT and FinTech Syllabus

The course curriculum for a course in IT and FinTech usually covers the basics of management and business administration principles and knowledge areas, along with giving students an understanding of the domains of information technology and financial technology. 

A general MBA degree in IT and FinTech dual-specialization course consists of subjects like:

Semester I

Semester II

  • Management Process and Organisational Behaviour
  • Business Communication
  • Statistics for Management
  • Financial and Management Accounting
  • Managerial Economics
  • Human Resource Management
  • Production and Operations Management
  • Financial Management
  • Marketing Management
  • Management Information System
  • Operations Research
  • Project Management

Semester III

Semester IV

  • Research Methodology
  • Legal Aspects of Business
  • Database Management System
  • Software Engineering 
  • Technology Management
  • Business Intelligence / Tools
  • Strategic Management and Business Policy
  • International Business Management
  • Business Leadership
  • Project work
  • eCommerce
  • FinTech Payments and Regulations
  • Cryptocurrency and Blockchain 
  • Enterprise Resource Planning

Top Specializations of Online MBA

MBA In HR Management

MBA in Banking and Insurance

MBA In Hospital Administration

MBA In Marketing & HR Management

MBA In Marketing Management

MBA Data Science & Analytics Management

MBA In Financial Markets Management

MBA In IT Management

MBA In Finance Management

MBA In Logistics and Supply Chain Management

MBA in Business Analytics

MBA In Marketing & Finance Management

MBA In Banking & Finance Management

MBA In Finance & Leadership Management

MBA in International Trade Management 

MBA in Sports Management

MBA in Power Management

MBA in Entrepreneurship and Leadership 

MBA In General Management

MBA In Finance & HR Management

MBA In Digital Marketing e-commerce

MBA in Retail Management 

Other Types of MBA Programs

Online MBA for Working Professionals

MBA Global Online

MBA Dual Specialization Online

MBA Distance Learning

Online MBA in IT and FinTech Eligibility Requirements

In general, being a postgraduate level course, an MBA in any specialisation can only be pursued by someone who has completed their graduation level degree. 

The general eligibility criteria that universities require of students is given below:

  • A graduation completion (in any stream) from a recognised university.
  • An aggregate graduating score of 45%-55%, depending on the university’s cutoff criteria.
  • Working professionals who want to upskill themselves can also apply to this course. 

Duration of the Online MBA in IT and FinTech

Usually, an MBA course is of a 2-year duration with a maximum duration of 4 years. The course is divided into 4 semesters and covers a lot of ground. This duration is a good mix of in-depth learning and freedom for working professionals to match their work obligations with their education. The carefully planned schedule allows for a deep dive into the IT and Financial Technology areas, ensuring everyone gets a full picture of how technology and money are connected. 

Online Degree Courses You May Be Interested In- Online MBA In India

Skills Required for Online MBA in IT and FinTech

  • To integrate into FinTech solutions effectively, you must understand IT concepts such as computer languages, privacy, and systems design.
  • To get around in the complicated world of FinTech, you need to have a strong grasp of financial concepts, how markets work, and business strategies.
  • Data-driven decision-making in IT and FinTech is made easier by analysing and making sense of large amounts of data.
  • To find new ways to solve problems and take advantage of chances in FinTech, you need to think outside the box and quickly adapt to new technologies.
  • It is very important to communicate clearly when explaining complicated IT ideas to people in the financial sector and when getting cross-functional teams in the fast-paced IT and FinTech industries to work together.

Is an Entrance Exam Conducted For an Online MBA in IT and FinTech?

Usually, you don’t need any entrance exam for an online MBA. However, some of the exams conducted for a regular MBA are listed below: 

CAT (Common Admission Test)

KMAT (Karnataka Management Aptitude Test)

TANCET (Tamil Nadu Common Entrance Test)

SNAP (Symbiosis National Aptitude Test)

PGCET (Postgraduate Common Entrance Test)

ATMA (AIMS Test for Management Admission)

GMAT (Graduate Management Admission Test)

MAH CET (Maharashtra Common Entrance Test)

CMAT (Common Management Admission Test)

MAT (Management Aptitude Test)

XAT (Xavier Aptitude Test)

NMAT (NMIMS Management Aptitude Test)

Note: Some universities offering online MBA can also ask for a good score in the abovementioned exams. So, check the eligibility requirements of your university carefully.

Recommended Books

Below is a list of the popular books used in the Online MBA in IT and FinTech curriculum. 

Category

Book Title

Author

Publication Year

FinTech Fundamentals

"The FinTech Book: The Financial Technology Handbook"

Susanne Chishti, Janos Barberis

2016

Technology in Finance

"Blockchain Basics: A Non-Technical Introduction

in 25 Steps"

Daniel Drescher

2017

Financial Analytics

"Data Science for Business"

Foster Provost, Tom Fawcett

2013

Cybersecurity in Finance

"Hacking Finance: High-Frequency Trading"

Jonathan E. Katz

2016

Financial Strategy

"A Random Walk Down Wall Street"

Burton G. Malkiel

2019

FinTech Innovation

"Fintech Innovation: From Robo-Advisors to Goal

Based Investing and Gamification"

Paolo Sironi

2019

Online MBA in  IT and FinTech Admission Procedure

The general admission process for an online course is similar across most online universities. The procedure is usually conducted virtually; students can easily enrol or apply for the course from their homes. 

The general steps for admission are given below: 

  • You can apply to the course by initially registering with the university of your choice and signing in to their official admission portal or website. 
  • You can check the eligibility criteria, apply for online entrance, or directly proceed to the admission procedure.  
  • After appearing for the online screening test (entrance)/ or signing in, you can fill out the university's main application/admission form to officially apply for the course. 
  • You can fill in your basic details, fill in the required fields, and submit copies of the important documents as needed. 
  • You can submit the application form after confirming and checking the filled details. 
  • Usually, universities require the students to pay an application fee, which can be paid online through multiple virtual payment methods depending on the modalities available  (net banking/credit card/ UPI Payment, etc).
  • After you have submitted your details, application fee and copies of official documents, the university admission council reviews your application and either confirms or rejects it.
  • Once your admission to the program is confirmed, you will receive a confirmation mail from the university with your student credentials. At this point, students need to pay the academic fee for the course to the university through the designated payment method. 

Online MBA in IT and FinTech Academic Fees 

Usually, this dual-specialization course is offered by select universities, mostly private. The average fee for the entire course ranges between INR 1,00,00 to INR 1,50,000, depending upon additional charges, reappearance in exams, application fees, etc. Most universities also provide financial support features for the course, such as semester-wise or annual instalments to pay off the course fee, educational loans at low-interest rates, etc. 

Why Opt for an Education Loan for an Online MBA in IT and FinTech?

People who get their Online MBA in IT and FinTech know how important it is to think about money when going to college. The program gives no-cost EMI facilities to make it easier for people to get it. This lets people spread their financial investments over more doable amounts of time without paying extra. By giving this choice, the program ensures that qualified people can start their academic journey flexibly and focus on their professional growth without worrying about money immediately. 

Is an Online MBA in IT and FinTech Worth It?

In today's tech-driven financial world, getting an online MBA in IT and FinTech is, without a question, a great investment. This dual MBA specialisation program puts workers in a unique situation where Information Technology and Financial Technology meet, giving them a wide range of skills. The program's online style is open enough to fit around work obligations so that it can be used by people worldwide. 

A dynamic program, a focus on real-world application, and teachers with insights into the field ensure that graduates have academic knowledge and practical skills. The need for workers who can handle the complicated world of digital finance is directly linked to the dual focus on IT and FinTech. This program is a smart way to get people into lucrative jobs and top positions in the rapidly changing fields of IT and FinTech.

Job Opportunities After Online MBA in IT and FinTech

IT and FinTech are highly valued in the professional sphere in contemporary times. So, there is a wide scope of career growth after this dual specialisation course. The salary packages provided to students at entry-level positions in this field are fairly high, and the scope of growing your career is substantially good, owing to its expanding nature.

You May Be Interested: MBAs Global Online Courses

Some of the top job opportunities that students get after completing an online MBA in IT and Fintech include: 

Financial Analyst

Data Scientist

IT Manager

Chief Technology Officer

IT Consultant, etc.

Top Recruiters

All large organisations and firms need professionals trained in IT and FinTech. So, many successful companies like Amazon, Google, Visa, Deloitte, PayTM, and HCL hire degree holders in MBA (IT and FinTech). On e can explore a large number of other companies as well. 

Let's clear up some doubts about Online MBA in IT and FinTech (Dual)

Today, a number of options for an online MBA are available in the education market, but if you want a valid and recognized degree, ensure that your chosen university and the degree has validation and accreditation from bodies like AICTE, UGC-DEB, NAAC, NIRF, AIU. Then your degree will be valid and recognized. UGC-DEB has approved an online/distance MBA as being a valid course. 

The MBA course in IT and FinTech is 2 years long (with a maximum of 4 years), divided across 4 semesters. 

Separate specializations in both IT and FinTech are offered by a number of online universities. However, the MBA (IT and FinTech) is a unique dual specialization offered to students in the same 2 year degree course.

Since this course specialization is mostly offered by private universities in India at the moment, the complete course fee ranges between INR 1,00,000 to INR 1,50,000 on an average.

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