Master of Science in Management - Financial Technology

New Jersey Institute of Technology

Financial Technology (FinTech) is a rapidly growing subsector of the financial services industry, which involves the application of new technologies including software tools, networking, user experience and interface platforms, and modern modeling and analytical techniques to improve the efficiency and deployment of traditional financial services. The rapid increase in the quantity, variety, and availability of new data and information sources has fundamentally changed legacy business practices in the financial services industry. Big data creates an increasing market need for talents who utilize new technologies and innovations to understand hidden patterns in investor habits and market behaviors as well as assist managers in making informed data-driven decisions. The requisite skillset required to process and analyze such information has resulted in considerable demand for staff with software development, mathematical and statistical modeling, and practical problem solving expertise. New financial technologies include, but are not limited to, crypto-currencies (e.g., bitcoin), blockchain, cloud computing, retail banking automation, machine learning and deep learning, automated investment advisement, algorithmic trading, and risk management framework development and associated visualization tools.