The new degree program aims to meet regional and global education, innovation and workforce needs.
Worcester, Massachusetts, April 9, 2024–(BUSINESS WIRE)–Worcester Polytechnic Institute (WPI) is building on its established master’s and bachelor’s degree programs to meet industry trends and demands with the nation’s first We have introduced a PhD program in Financial Technology (FinTech). The new program highlights WPI’s dedication to advanced education and research in this rapidly expanding field, making it the only university in the nation to offer all degree levels in this field.
The financial services landscape has changed rapidly over the past decade with the rise of features such as online payment services, mobile banking, and cryptocurrencies. FinTech is one of the fastest growing industries in the global economy, with industry forecasts expecting 1.5 million new roles and the highest salaries in the technology industry. FinTech has become an essential field of study, creating a need for doctoral graduates with the skills to lead the industry and teach in financial technology programs. There are also opportunities for industry research, as companies in the financial industry seek to develop innovative operations and products based on new financial technologies.
“The introduction of the PhD program in FinTech demonstrates that WPI is a global innovator at the intersection of business and technology,” said WPI Chairman Grace Wang. “Graduates of this program will emerge as academic and industry leaders who will shape the future of financial technology education and the financial services sector.”
WPI’s FinTech PhD program is uniquely positioned to provide a comprehensive, interdisciplinary education that bridges finance, mathematics, computer science, and ethics. Leveraging the expertise of WPI’s renowned faculty, students learn a complex blend of skills, from finance and mathematics to AI and blockchain, analytics, data science, and applied statistics, and gain insight into the regulatory and compliance landscape. Deepen your understanding. They will also work on cutting-edge research and the practical application of that research through WPI’s state-of-the-art FinTech Innovation Hub and external partnerships.
“We are witnessing an unprecedented convergence of academic advances and industry needs in fintech,” said Deborah Jackson, Harry G. Stoddard Professor of Management and Dean of the Business School at WPI. ” “Our PhD program provides students with the interdisciplinary skills and knowledge needed to drive innovation and address the complex challenges facing the fintech industry.”
WPI’s expansion of FinTech education services is also in line with the sector’s continued growth in the region. Massachusetts has emerged as an important hub for this sector, boasting over 357 FinTech companies and 69 incubators/accelerators, making it the third largest innovation center in the United States. This thriving ecosystem supports more than 30,000 jobs in the state, and the demand for skilled professionals continues to grow.
“The FinTech PhD program not only continues WPI’s long tradition of innovative, interdisciplinary education, but also positions our business school as a leader in the emerging field of interdisciplinary financial education and research. to establish themselves,” said Associate Professor of Finance Kwamee Dunbar.
For more information about WPI’s PhD program in financial technology, please visit WPI’s website.
About WPI
WPI is a top STEM-focused research university recognized as a pioneer and global leader in project-based learning. Founded in 1865 on the principle that students learn best by applying theories learned in the classroom to real-world problem-solving practices, WPI’s continuing mission is to transform lives and transform lives. It’s about turning knowledge into action to tackle global challenges and revolutionize STEM. Distinctive and comprehensive teaching, projects and research. WPI’s project-based curriculum engages undergraduate students in solving important scientific, technological, and social problems through education and in his more than 50 project centers around the world. Currently, WPI offers more than 70 bachelor’s, master’s, and doctoral degree programs across his 18 faculties in science, engineering, technology, business, social sciences, humanities, and arts. To address ongoing challenges, improve lives, and help build a more sustainable world, WPI faculty and students collaborate in life sciences, smart technology, materials and manufacturing, global initiatives, and more. Pursuing groundbreaking research in the field.
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contact address
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Colleen Bamford Wambach
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Worcester Polytechnic Institute
508-688-4858
cbwamback@wpi.edu
