The financial industry has always been evolving with the integration of science and technology. Although the concept of FinTech is not a brand-new field, the scope of FinTech innovations has grown rapidly in recent years. In the past 20 years, blockchain, mobile banking, machine learning, robo-advising, and cryptocurrency have been applied to the financial industry to create a wave of new and improved products and services that influence the shape of the global financial system.
Conventionally, the quantitative and technological roles in the financial sector were fulfilled by employees with mathematics, physics, and engineering background: but, with the growing demand for people with a deep understanding of finance and quantitative skills, FinTech has become an attractive discipline in business schools offering greater opportunities to business students into jobs previously dominated by other fields.