In last week’s press release, Raghu Sundaram, Vice Dean of MBA Programs and Online Learning, says: “Technology continues to transform the business landscape at a breathtaking pace. Business education needs to innovate to keep pace with the rapid rate of change. The launching of the FinTech specialization, a joint creation of our Finance and Information, Operations and Management Sciences (IOMS) departments, is an important step in this direction.”
Professor of Information Systems and one of the Academic Co-Chairs of the specialization, Alexander Tuzhilin, adds: “FinTech is about how modern information technologies are disrupting the financial services industry. Stern has combined its considerable strengths in both finance and technology to create courses that discuss how these two areas blend together to enable new business models, innovations and opportunities.”
Courses in the new FinTech specialization will focus on areas including data management; trade strategies; risk management; mobile payments; financial data analytics; transaction security, and trade clearing and settlement; regulation and the impact of digital currencies on the financial services industry; and entrepreneurial crowdfunding. FinTech will be one of the more than 20 specializations now offered in the NYU Stern MBA curriculum.
NYU Stern faculty are presently doing research in FinTech, with a new FinTech faculty seminar series taking place this summer to encourage discourse about the subject. Stern faculty will also facilitate a Design Sprint challenge, a one-day event in and around the New York City community which will inspire innovators to think disruptively about the future of banks. The school will hold a FinTech conference on November 9, 2016, with the keynote being delivered by Stern alumnus and CEO of PayPal, Dan Schulman.