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New Fintech Education Programs Target Students, Adults to Fill Growing Demand

As fintech occupies a larger sector of the global economy, educational institutions, trade groups and regulatory bodies are committing more time and resources to train its future workforce.

Recently, UNC Charlotte Continuing Education announced plans to launch an “intensive fintech training program” alongside Trilogy Education. Prior to that, the University of Central Florida announced a new Master’s program beginning next year that will be the first of its kind in the U.S. "We're fostering the digital skills Charlotte needs to maintain its position as one of the top banking and financial services centers in the nation," said Asher Haines, the director of Continuing Education at UNC Charlotte. "This new boot camp gives students a deep technical foundation and exposure to all of the cutting-edge fintech applications. Graduates will have the skills to become leaders of Charlotte's financial services sector by joining the city's top companies or by creating their own fintech startups."

The continuing education center’s FinTech Boot Camp at UNC Charlotte is aimed at adult learners who can fill the finance industry’s demand for tech-savvy workers. The 24-week program is hosted at the UNC Charlotte Center City Campus with classes on two weekdays from 6:30 p.m. to 9:30 p.m.

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According to the organization, Charlotte’s fintech sector is on the rise with companies like Lending Tree and AvidXchange planning large workforce expansions in the area. Further, traditional banks are competing for a limited pool of workers with coding skills, it noted. "Advanced data analysis skills and coding basics are becoming prerequisites for many of the most exciting positions in the banking industry. Finance professionals need to update their skills in order to remain relevant," said Dominique Edwards, one of the boot camp’s instructors and a data quality business analyst at Wells Fargo. "The FinTech Boot Camp at UNC Charlotte will make its graduates hugely competitive in the local job market."

University of Central Florida is Revolutionary in American Fintech Education

UCF’s new Master of Science degree, according to the school, is the first of its kind in the U.S. and is set to “help students develop their computing skills, build awareness of financial markets and apply their talents to analyze real world problems.” The interdisciplinary program will feature two types of coursework, finance and computer science. According to materials from the school, the courses offered will be:

Computer Science Coursework

  • CAP 5619 Artificial Intelligence for FinTech
  • COP 5150 Blockchains and Smart Distributed Contracts
  • COP 5818 Full Stack Development for FinTech
  • COT 5840 Computational Methods of FinTech I
  • COT 6481 Computational Methods of FinTech II

Finance Coursework

  • FIN 6406 Strategic Financial Management
  • FIN 6778 Foundations in FinTech
  • FIN 6779 FinTech in Decision Making
  • FIN 6515 Analysis of Investment Opportunities
  • FIN 6704 FinTech Entrepreneurship (Capstone Course)

“We appreciate the fact that UCF recognizes the need for data engineers and data scientists in Finance… this is a growing area,” said Carrie Callahan, former managing partner of Galliard Capital Management, in a statement provided to the school. “UCF continues to be pioneers in many ways. We are in full support of this direction and will do what we can to provide opportunities to the students within this program.”

The 24-month program will begin in the fall of 2020.

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