The University of Connecticut (UConn) announced on Wednesday it is creating a master’s degree program in fintech next year. The University reported that the UConn FinTech program was approved by a vote of the Board of Trustees and will combine lessons in advanced business analytics, technology solutions, and financial services.
“Skills developed in the program will allow students to create new opportunities in information-rich environments including the financial, insurance, medical, and regulatory fields.”
The University further revealed that it is now seeking applicants with “strong aptitude” in business, technology, and coding, as well as an entrepreneurial mindset. The first cohort will begin in Spring 2022 in Hartford, and a second cohort will be added later in Stamford. Admission is expected to be competitive. John Wilson, Academic Director of the Program, also stated:
“The ideal candidate for this program is someone who thinks, ‘There’s got to be a better way to do this,’ and wants to use technology to solve a problem. It offers a unique avenue for candidates who are invested in helping humanity with technology.”
Jose Cruz, Associate Dean of Graduate Programs at the School of Business, further explained that the program will fill a void in the business arena, with new graduates that have this expertise are being offered entry-level salaries up to $100,000 and many have multiple offers. Cruz added;
“We saw the opportunity to lead in this area, and while it is relevant worldwide, there is a tremendous demand in the Northeast, with biotech in Boston, insurance in Hartford, and financial services in Stamford and New York. We sit at the hub of all of that. And while we are offering global reach and opportunity, our foundation is well-located.”