Financial technology (fintech) such as blockchain, machine learning and artificial intelligence are transforming financial services, everything from payments and wealth management to market price discovery. And while fintech has opened up new opportunities for incumbent financial institutions to boost their operational efficiency, capital allocation and customer acquisition, it has also increased market competition with startups that are trying to steal their lunch.
To help finance executives from both small and large firms to navigate this changing landscape, a number of the world’s premier business schools have developed fintech executive education programs. On these courses, participants will learn how to make strategic decisions that position their firm for growth, whether that’s in the insurance, asset management, banking or even real state industry.
Ultimately, executives on these programs will gain a deeper understanding of the technologies underpinning the rapid transformation of financial services, and the skills they need to harness the opportunities and safeguard against the threats posed by fintech. Here are the top 10 such courses.
The INSEAD Fintech Programme is run by the eponymous business school with numerous locations around the globe. It helps participants develop their understanding of four main areas: payment systems, lending and fundraising, cryptocurrencies and blockchains, and trading and investment. The executives explore the disruptive power and limitations of key technologies from a business point of view.
View School ProfileThe University of Oxford’s Saïd Business School offers the Oxford Fintech Program, which explores key themes including the digitization of money, algorithmic technologies, and central bank digital currencies. It’s connection to the Future of Finance and Technology Initiative, a research collaboration between Saïd Business School and industry, means participants are gaining the freshest thinking on fintech.
View School ProfileWharton puts on the Fintech Revolution: Transformative Financial Services and Strategies program. It’s designed to help business leaders leverage technology to improve their financial services across a broad spectrum of products and services, from traditional banking to blockchain. They learn how to reach untapped markets, cut costs and improve the customer experience.
View School ProfileHarvard Business School offers the Leveraging Fintech Innovation to Grow and Compete course. Participants will: develop a deeper understanding of fintech; discover ways to overcome barriers to greater adoption; and how to manage disruptive threats posed by fintech challengers.
View School ProfileCambridge Judge Business School offers the Fintech Innovation: Disrupting the Financial Landscape course for executive education participants. It provides a broad view of fintech, and an understanding of the influence of technology on the ways data is used (and misused) by financial players.
View School ProfileNYU Stern School of Business in New York runs the program called, FinTech for Executives: Understanding and Managing Innovation in Financial Technology. A key selling point are the faculty, David Yermack and Kathleen DeRose, both leaders in the fintech field. Participants examine the evolution of fintech and digital currencies, and identify the pros, cons and opportunities of these innovations.
View School ProfileSpain’s IE Business School offers a course entitled, Fintech: Powering the Financial Revolution. The program offers a holistic view of the technology landscape that financial institutions are facing. Participants explore how finance is being enhanced by the fintech revolution, touching on payment schemes to the use of big data and machine learning to enhance capital markets.
View School ProfileLondon’s Imperial College Business School runs a program called Financial Technology: Cryptocurrency, Machine Learning, and Digital Banking, which helps participants understand such technologies and how to put them to work in busines. The executives will acquire the skills necessary to adopt fintech in a way that improves operational efficiency and promotes business growth.
View School ProfileThe McCombs School of Business in Texas, runs the Professional Certificate in Fintech. It provides an overview of the most recent technological advances that are radically changing the financial services industry. More importantly, they learn how such fintech creates value, from reducing costs and asymmetric information, to increasing transparency and competition.
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