M.S. in IT Administration & Security
The M.S. in IT Administration & Security at NJIT provides a comprehensive curriculu...
B.S. in Financial Technology
Newark, New Jersey
INTAKE: Jan & Sept
Program Overview
The B.S. in Financial Technology (FinTech) program at New Jersey Institute of Technology (NJIT) is designed to bridge the gap between finance and technology. This interdisciplinary program provides students with a robust understanding of financial systems, data analysis, and technological innovations driving the financial industry. By combining principles of finance with cutting-edge technology, the program prepares students for careers in the rapidly evolving FinTech sector.
Curriculum: The curriculum for the B.S. in Financial Technology integrates core courses in finance with specialized classes in technology and data analytics. Key courses include Financial Technology Fundamentals, Data Analytics for Finance, Blockchain and Cryptocurrencies, and Financial Modeling. Students also explore topics such as artificial intelligence in finance, cybersecurity, and financial systems design. The curriculum is designed to equip students with the technical skills needed to develop and manage financial technologies, along with a solid grounding in financial theory and practice.
Research Focus: Research in the B.S. in Financial Technology program at NJIT emphasizes the application of advanced technology in financial services. Students and faculty engage in research projects exploring areas such as blockchain technology, machine learning in finance, and the development of innovative financial applications. The program encourages participation in research initiatives that address real-world challenges and contribute to the advancement of financial technologies. Students have opportunities to collaborate with faculty on cutting-edge research and contribute to industry publications and conferences.
Industry Engagement: The B.S. in Financial Technology program places a strong emphasis on industry engagement, providing students with opportunities to interact with leading FinTech companies and professionals. The program includes internships, industry workshops, and networking events that connect students with potential employers and industry experts. Through partnerships with financial technology firms, students gain practical experience and insights into the latest trends and innovations in the field. These engagements enhance students' career readiness and professional development.
Global Perspective: NJIT’s B.S. in Financial Technology program incorporates a global perspective by addressing international financial markets and technological advancements. The curriculum includes coursework on global financial systems, cross-border payments, and international regulations affecting financial technologies. Students are encouraged to participate in global study programs and projects that explore FinTech applications in different regions. This global outlook helps students understand and navigate the complexities of the international financial landscape and prepares them for careers in a globalized FinTech industry.
Location
Newark, New Jersey
Score
IELTS 6
Tuition Fee
USD 35934
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 with a minimum of 6.0 in each component.
- TOEFL: Overall score of 79 or higher.
- DET (Duolingo English Test): Overall score of 100.
New Jersey Institute of Technology (NJIT) recognizes the importance of supporting international students in pursuing their academic goals. To attract and assist talented students from around the world, NJIT offers several scholarships and financial aid options specifically designed for international students.
Global Highlander Scholarship: The Global Highlander Scholarship is a merit-based scholarship offered to incoming international undergraduate students. It is awarded based on academic achievements, leadership qualities, and extracurricular involvement. The scholarship amount varies and is renewable for up to four years, provided the student maintains the required GPA.
International Presidential Scholarship: The International Presidential Scholarship is another prestigious merit-based award available to exceptional incoming international undergraduate students. Recipients of this scholarship receive a substantial amount of financial aid to support their education at NJIT.
International Transfer Scholarship: International students transferring to NJIT from other universities or colleges may be eligible for the International Transfer Scholarship. This merit-based award aims to recognize academic excellence and provide financial support to deserving transfer students.
Educational Opportunity Fund (EOF) Grant: The Educational Opportunity Fund Grant is available to New Jersey residents, including eligible international students. This grant provides financial assistance to students with demonstrated financial need.
Albert Dorman Honors College Scholarship: The Albert Dorman Honors College at NJIT offers scholarships to students accepted into the Honors College program. These scholarships recognize academic excellence and provide enhanced educational opportunities and support.
Private and External Scholarships: In addition to NJIT-specific scholarships, international students may be eligible to apply for private or external scholarships that are not directly offered by the university. These scholarships may be provided by government agencies, organizations, foundations, or other institutions.
Graduates of the B.S. in Financial Technology program from New Jersey Institute of Technology (NJIT) are well-equipped to enter a diverse array of roles within the finance and technology sectors. The program’s blend of finance knowledge and technological expertise prepares students for various exciting career paths.
FinTech Analyst: FinTech analysts evaluate emerging technologies and financial products to provide insights and recommendations for innovation and improvement. They assess the impact of new technologies on financial services and help organizations adapt to technological advancements.
Blockchain Developer: Blockchain developers design and implement blockchain-based solutions, such as cryptocurrencies and smart contracts. They work on creating secure and transparent financial transactions and developing new blockchain applications.
Financial Software Developer: Financial software developers create software applications tailored for the finance industry, including trading platforms, risk management tools, and financial planning software. They combine their knowledge of finance with programming skills to build effective financial tools.
Data Scientist in Finance: Data scientists in finance analyze large datasets to uncover trends, make predictions, and provide strategic insights. They use statistical methods, machine learning, and data visualization to support financial decision-making and improve financial products and services.
Cybersecurity Specialist: Cybersecurity specialists focus on protecting financial systems and data from cyber threats. They design and implement security measures to safeguard sensitive financial information and ensure compliance with regulatory requirements.
Quantitative Analyst: Quantitative analysts use mathematical models and statistical techniques to develop trading strategies, manage risk, and analyze financial markets. They work with large datasets to identify patterns and inform investment decisions.
Financial Product Manager: Financial product managers oversee the development and management of financial products, such as investment tools or payment systems. They work on product strategy, market analysis, and user experience to ensure successful product launches and enhancements.
Compliance Analyst: Compliance analysts ensure that financial technology solutions adhere to regulatory standards and industry best practices. They monitor and evaluate compliance with financial regulations and help organizations manage legal and operational risks.
Investment Technology Consultant: Investment technology consultants provide expertise on integrating technology into investment strategies and operations. They advise clients on implementing FinTech solutions to optimize investment processes and enhance financial performance.
Financial Technology Entrepreneur: Graduates with a strong entrepreneurial spirit may choose to start their own FinTech ventures. They leverage their knowledge of finance and technology to develop innovative products or services and create new business opportunities in the financial sector.
