Inside the FinTech Industry
Finance has always been one of the hottest MBA industries. In fact, at many top schools such as the Booth School of Business and NYU Stern, over 30 percent of MBA graduates go into the financial industry each year. Why? Because it’s lucrative—the average Finance MBA earns $121,000 a year compared to $104,000 for other specialties—and well respected. However, until now, one thing that an MBA in finance did not offer was innovation.
The finance industry is one of the oldest and most prestigious industries around. It’s built on a foundation of history and careful research; after all, no company wants a CFO who makes decisions based on gut instinct. But, recently, a new side of the financial services industry has started to gain traction: FinTech. Continue reading…
Ryerson Wins 2 FinTech Awards
Ryerson University is known for its support of entrepreneurship. Not only is the university home to DMZ, Canada’s largest community of innovative startups, it’s also home to Ryerson Zone Startups, a technology accelerator program for early-stage startups. And on Nov. 21, at the 2016 FinTech Awards, both incubators were recognized for their support of FinTech in Canada.
DMZ was named “Accelerator, Incubator or Entrepreneurial Network Most Supportive of FinTech” while Ryerson Zone Startups was named, “Academic Institution Most Supportive of FinTech.” Continue reading…
MetLife China CEO Explains Chinese Digital Dominance at Columbia GSB Forum
MetLife China CEO George Tan recently spoke with Columbia’s Graduate School of Business during the fall Sir Gordon Wu Distinguished Speaker Forum, breaking down China’s so-called “digital dominance.”
MBA Internships in San Francisco and the Bay Area
Its proximity to Silicon Valley and concentration of several of the San Francisco metro’s most highly rated MBA programs make the city a perfect destination for those in search of career development via a summer internship.
Here is a look at a selection of some of the region’s hottest firms in search of MBA interns in the media, tech, healthcare, finance and food/hospitality sectors, each of which have a strong and ever expanding presence in the Bay Area.
Cass Entrepreneurs Network Event Focuses on “Unbundling the Bank”
The future significance of banks in society is in the hands of millenials, an audience at Cass Business School heard last week. Cass Entrepreneurs Network hosted a fintech event, entitled “Unbundling the Bank” on April 9th (in conjunction with Chinwag) to discuss disruption in the banking sector.
An expert panel, chaired by Ben Rooney (Co-Editor-in-Chief of tech news site Informilo), debated whether financial innovation is likely to be driven by the banks, start-ups, or through partnerships between them.
The panel agreed that the output of banks’ on-going digital transformation will depend on the extent to which they are seen as trusted by both millennials and, crucially, regulators.
Continue reading…
Teams from Cambridge Judge’s FinTech Startup Weekend Move Onwards In Global Startup Battle.
Two teams, formed by students from Cambridge Judge Business School and alumni from the wider University, won joint-first prize at the first Cambridge FinTech Startup Weekend last month.
The joint winners – Localvest and SocialInvest – emerged from a three-day intensive event organised by Accelerate Cambridge, Cambridge Judge’s in-house start-up “accelerator”. Winning teams advance to the Europe regional round of the Global Startup Battle.
Separately, a start-up called Just1Thing won the Social Enterprise award at the Cambridge stage of the Global Startup Battle, propelling them to the next stage of the competition.
Continue reading…