WPI launches fintech degree programs

PHOTO | Matt Wright Rev. Debora Jackson, Dean of The WPI Business School

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By Timothy Doyle

The Business School at Worcester Polytechnic Institute is now offering bachelor’s and master’s degrees in financial technology.

“Encompassing everything from popular apps like Venmo to the blockchain technology that underpins cryptocurrency, financial technology, or FinTech, is a fast-growing sector that uses technology to improve the delivery and use of financial services for companies, business owners, and consumers. The field offers roles ranging from blockchain or application developer and financial analyst to business development manager and cybersecurity analyst,” according to a Thursday press release from the university.
Students are currently able to apply for the fintech programs.

“As a technology-focused business school, we are uniquely positioned to offer this distinctive program,” Dean of The Business School Debora Jackson said in the press release. “Recognized for the relevance of our curriculum, we have proudly applied our know-how to create robust degree programs in FinTech, leveraging the WPI hallmarks of theory and practice and emerging as a vanguard.”

According to the Wall Street Journal, the financial technology industry saw a bonanza of funding in 2021, but throughout 2022 the industry saw issues with fraud, rising interest rates, and more cautious investing.

Despite these challenges, accounting giant Deloitte, foresees increased demand for new financial technologies in the payments and financial services sectors going forward.