Fintech
Utah College’s first cohort of FinTech graduate students
SALT LAKE CITY — FinTech, or financial technology, is a booming business. And if you’ve ever used a mobile banking app or something like Venmo, you’re part of that growth. Now, 19 University of Utah graduates also hope to contribute to the growth of FinTech.
The U offers a new minor dedicated to FinTech. This year they graduated their first class of students. Behind them there are dozens more.
These graduates will take on roles in digital banking, blockchain technology and artificial intelligence. All of these sectors represent booming businesses with enormous potential.
“It’s attracting a lot of capital, creating a lot of economic outcomes,” said Ryan Christiansen, the executive director of the Stena Center for Financial Technology at the U.
In fact, revenue from the FinTech sector it is expected to grow to $1.5 trillion by 2030, according to The Boston Consulting Group and QED investors.
Information on the Stena Center
Like other colleges and universities in the United States, the Stena Center for Financial Technology combines the academic disciplines of business and engineering. In February, the Stena Center hosted the FinTech XChange Summit.
This conference gave students and others the opportunity to learn about trends in FinTech from technology, academic and regulatory experts.
And, as part of its program, the U’s FinTech students work with Utah FinTech companies for real-world, hands-on experience.
Those who support the Stena Center say the education they offer is a first step.
“This minor program is truly the first step in developing a robust FinTech education for University of Utah students,” said Emily Flinders, director of operations at the Stena Center.
Approximately 60 students are currently enrolled in the program, a number that is expected to continue to grow.
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