IIT Delhi Professional Certificate Programme in FinTech

Course Description

Program overview:

FinTech, a portmanteau of ‘Finance’ and ‘Technology’, refers to businesses that use technology to enhance financial services and processes through automation. It has a seemingly endless array of applications, considering its exponential growth, from mobile banking and insurance to cryptocurrency and investment apps. The evolution of FinTech can be attributed to four key enablers that have contributed to the growth of FinTech, empowering businesses and customers worldwide. The Professional Certificate Programme in FinTech by IIT Delhi offers a comprehensive curriculum designed to enhance your understanding of the financial technologies prevalent in today's dynamic market. Through rigorous coursework and expert instruction, participants gain deep insights into modern financial tools and technologies and their applications, along with the requisite skills like financial modelling, blockchain, and cryptocurrency, and the expertise to navigate the security challenges of this dynamic industry. This programme is ideal for individuals looking to advance their careers and stay ahead in the ever-evolving finance industry.

Programme Timelines

Course Fee:  ₹ 1,65, 000 + Taxes

Class Timings: Sunday: 9:00 a.m. – 12:15 p.m.

Duration:  The IIT Delhi FinTech programme duration is 6 Months

Learning Hours - 118 hours

60 hours live online sessions

20 hours capstone project

20 hours of recorded lectures

10 hours Assignments/Case-studies/Quizzes as part of the modules

1 day (8 hours) in Campus Immersion (optional for the learners to attend)

Who Should Attend?

Mid-level executives from various industries

Post-graduate students, academicians, researchers, and entrepreneurs in the technology and finance space

Individuals employed or who wish to pursue a career in financial services firms, insurance agencies, investment banks, etc.

Eligibility Criteria

Graduates or Postgraduates in Science, Engineering, Business or any related disciplines from recognised university/institute

Admission Criteria

The selection will be based on application review. Filtering will be done by the programme coordinators, as required.

Certificate and Assessment

Evaluation

Quizzes/assignments: 50%

End-term exam: 30%

Capstone Project: 20%

Certification

Candidates who score at least 40% marks overall and have a minimum attendance of 50%, will receive a ‘Certificate of Completion’.

Candidates who score at least 20% marks overall and have a minimum attendance of 50%, will receive a ‘Certificate of Participation’.

The organising department of this programme is the Department of Management Studies, IIT Delhi

Sample Certificate

*Only e-certificates will be issued by CEP, IIT Delhi for this programme.

How It Works

Step1: Select course of your interest and register.

Step2: Receive Counselling from our Programme Advisors.

Step3: Get your documents verified and give an Interview if applicable.

Step4: Obtain Offer Letter and Give your Acceptance.

Step5: Pay Preliminary Course Fee.

Step6: Complete Onboarding and commence Course.

Key Highlights of Program

Use cases and Harvard case studies to complement the lectures.

Leading experts from industry and academia to provide contemporary inputs.

Explore Generative AI in FinTech

E-certificate issued by CEP, IIT Delhi

Pedagogy

The teaching approach will be highly interactive taking advantage of the technological benefits. The pedagogy followed for the programme will be a judicious blend of lectures, case studies, assignments, quizzes and projects.

Key Learning Outcomes

After the end of this programme, learners will be able to:

Understand the evolution of finance and technology and how these innovations are transforming finance as a discipline and business decision-making

Apprehend the evolution of money, banking, and payment systems using the concepts of Blockchain, cryptography, and security in Blockchain, Bitcoin and Central bank digital currency

Learn the FinTech ABCDs: Artificial Intelligence, Blockchain, Cloud Computing, Big Data

Understand the evolving banking landscape, alternative lending, and digital payments

Become versed with applications of Fintech – Smart Contracts, NFT, BNPL, Lending and Payments, P2P Lending, and Alternative Payments

Appreciate the era of RegTech, FinTech regulations in India, and regulatory sandboxes

Looking forward: Cyber security issues, GenAI and Entrepreneurial landscape.

Programme Delivery

Live Online Sessions Delivered Direct-to-Device (D2D).

Campus Immersion

There will be 1 day (8 hours) in Campus Immersion (optional for the learners to attend) * at the end of the programme.

*Travel and accommodation to be arranged by the participants.

Job Roles

Below are the job roles available in this field:

Financial Analyst: Analyses financial statements, understands the operations of banks and financial institutions, evaluates alternative lending platforms, and assesses risk exposures.

Compliance Expert: Ensures that fintech firms comply with financial regulations and manage risk exposures. 

FinTech Product Manager: Oversees the development and launch of financial technology products, ensuring they meet customer needs and regulatory requirements. They coordinate between engineering, marketing, and finance teams to drive product strategy and execution.

Data Scientist Analyses large financial datasets using statistical methods and machine learning to extract insights. They inform business strategies, enhance products, and improve customer experiences by uncovering patterns and trends.

Course Content:

Module 1 - FinTech: An Overview

What is FinTech?

Drivers of FinTech

How it is Transforming Finance?

Innovations in FinTech (Smartphone/Cloud Computing, AI/ML, IoT, Blockchain)

Emerging Sectors in FinTech.

Learning Outcomes

Dive into the FinTech world to appreciate how FinTech innovations are transforming businesses.

Module 2: Blockchain & Cryptocurrencies

Evolution of Traditional Payment Systems

Transformation to Digital Currency

Blockchain - Concepts

Cryptography in Blockchain

Bitcoin – Introduction, Transactions

Blockchain Security

Central Bank Digital Currency (CBDC)

Learning Outcomes

Apprehend the concepts of Blockchain, cryptography, hashing, and cryptocurrencies. Understand Central Bank digital currency, FinTech ABCDs: Artificial Intelligence, Blockchain, Cloud Computing, Data.

Module 3: Banking and Alternative Lending

Overview of the Banking Industry

Understanding the Bank Functions

Financial Statements of Banks and Financial Institutions

Alternative Lending

Digital payments

Learning Outcomes

Understand the evolving landscape of the banking industry, the impact of FinTech on traditional banking businesses, and alternative lending and payment models.

Module 4: Applications in Finance

Applications of Blockchain in Finance (Smart contracts, NFT, BNPL, etc.)

Big Data and AI – Introduction, Application in Fintech, Use Cases, AI Tools used, Future Trends

Insurtech, WealthTech

Case Studies

Industry showcases

Learning Outcomes

Appreciate the use of FinTech in various domains such as   insurance industry, stock markets and asset management, contracts and tokenisation.

Module 5: Risk and Regulations

Risks and Challenges: Banking Sector Regulations

FinTech and Risk Exposures to the financial system

RegTech and Fintech regulations in India

Cybersecurity

Regulatory Sandboxes

Learning Outcomes

Understand the banking sector risks and regulations as well as FinTech regulations in India, regulatory technologies and cybersecurity issues.

Module 6 - Way Forward /Opportunities

Generative AI in FinTech

FinTech and Entrepreneurial Landscape

Financial Inclusion and the Role of Technology

Upcoming Trends

Risks and Considerations of Using FinTech in Organisations.

Learning Outcomes

Understand the impact of GenAI in the FinTech space, the entrepreneurial landscape in FinTech and future trends and directions in FinTech.

List of Assignments/Case-studies/Projects

Use of AI/ML applications in risk management and financial markets

Real-world Harvard/global and Indian case studies

Hands-on learning with some GenAI tools

Hands-on learning through the capstone project

Dates and Fees

Programme Fee

Note:

All fees should be submitted in the IITD CEP Account only, and the details will be shared post-selection.

Withdrawal & Refund from Programme

Candidates can withdraw within 15 days from the programme start date. A total of 80% of the total fee received will be refunded. However, the applicable tax amount paid will not be refunded on the paid amount.

Candidates withdrawing after 15 days from the start of the programme session will not be eligible for any refund.

If you wish to withdraw from the programme, you must email cepaccounts@admin.iitd.ac.in and icare@timespro.com stating your intent to withdraw. The refund, if applicable, will be processed within 30 working days from the date of receiving the withdrawal request.

Instalment Schedule

** GST @18% will be charged extra in addition to the fee.

Easy EMI Options Available

Note:

Registration Fee of ₹10,000 will be charged for processing the selected applications only, post confirmation email from the institute. The registration fee is also part of the total programme fee.

An offer letter from CEP, IIT Delhi will be released post the successful receipt of the Registration Fee.

Payment of fees should be submitted in the IIT Delhi CEP account only and the receipt will be issued by the IIT Delhi CEP account for your records.

Loan and EMI Options are services offered by TimesPro. IIT Delhi is not responsible for the same.

Frequently Asked Questions (FAQs)

What is the IIT Delhi Professional Certificate Programme in FinTech about?

The Certificate Programme in FinTech IIT Delhi is a comprehensive programme that aims to equip learners to delve into the ABCDs of FinTech – Artificial Intelligence, Blockchain, Cloud Computing, and Big Data – unlocking a world of innovative applications such as Smart Contracts, NFTs, and Alternative Payments. Get knowledge and insights on finance and technology, explore the potentials of cryptocurrencies and digital currencies, and understand the intricacies of regulations and cybersecurity.

What are the eligibility criteria for the IIT Delhi Professional Certificate Programme in FinTech?

Any graduates (10+2+3)/diploma holders from any recognised university in any discipline can apply for this IIT Delhi Fintech course. Students in the final year of their graduation are also eligible to apply for the IIT Delhi Professional Certificate Programme in FinTech.

Is this IIT Delhi Professional Certificate Programme in FinTech suitable for beginners with no prior background in finance or technology?

Yes, the IIT Delhi Professional Certificate Programme in FinTech is suitable for fresh graduates seeking to grow in the industry and executives who have started their careers or are at the mid-level and want to groom themselves for senior-level positions.

What topics will be covered in the IIT Delhi Certificate Programme in Fintech?

The IIT Delhi Fintech programme will cover topics such as blockchain & cryptocurrencies, artificial intelligence, cloud computing, digital payments, digital wallets, banking and alternative lending, applications in finance, risk and regulations, etc.

Is the IIT Delhi Professional Certificate Programme in FinTech live or recorded?

The Live Online sessions will be delivered Direct-to-Device (D2D) for this IIT Delhi FinTech programme.

What is the scope of the IIT Delhi Professional Certificate Programme in FinTech in India?

The IIT Delhi Professional Certificate Programme in FinTech in India aims to provide a comprehensive understanding of financial technology, blockchain, and cryptocurrencies. The program covers key areas such as digital payment systems, regulatory technologies, and algorithmic trading. Participants will gain insights into disruptive technologies shaping the financial industry and develop essential skills to navigate this evolving landscape. With a blend of theoretical knowledge and practical applications, the course equips learners with the expertise required to thrive in the rapidly growing FinTech sector in India. This program from IIT Delhi offers a valuable opportunity for professionals seeking to enhance their career prospects in FinTech.

Why should you choose IIT Delhi for the FinTech course?

Choosing IIT Delhi for the FinTech course offers a unique advantage due to its blend of academic rigor, industry relevance, and prestigious reputation. The program leverages IIT Delhi's esteemed faculty who are experts in both technology and finance domains, providing a comprehensive understanding of FinTech innovations such as blockchain, machine learning, and digital banking solutions. Moreover, the institute's strong industry connections facilitate hands-on learning opportunities and potential placements in the leading FinTech firms and financial institutions. By studying at IIT Delhi, you gain cutting-edge knowledge and access to a robust alumni network and entrepreneurial ecosystem, empowering you to thrive in India's dynamic FinTech sector and contribute meaningfully to its evolution.

What are the career opportunities after completing the FinTech programme at IIT Delhi?

Completing this FinTech programme from IIT Delhi can open up a plethora of career opportunities in the rapidly growing field of financial technology. Here are some potential career paths:

Financial Analyst: This programme equips learners with strong analytical skills, making them well-suited for roles in financial analysis, where they can leverage technology to analyse financial data and make informed decisions.

Blockchain Developer: With the increasing adoption of blockchain technology in finance, there is a growing demand for developers with expertise in blockchain and distributed ledger technology (DLT). You can explore roles as blockchain developers or smart contract engineers.

Data Scientist/Data Analyst: FinTech relies heavily on data-driven insights for decision-making. With data analysis, statistics, and machine learning skills, you can pursue careers as a Data Scientist or Data Analyst in finance companies, banks, or FinTech startups.

Product Manager: Product managers play a crucial role in developing and managing FinTech products and services. With a blend of technical and business skills, you can excel in product management roles, where you can drive innovation and shape the future of financial technology.

Cybersecurity Analyst: Cybersecurity becomes paramount as financial institutions and FinTech companies handle sensitive customer data and transactions. With expertise in cybersecurity, you can pursue roles as a Cybersecurity Analyst or Consultant, helping organisations secure their systems and networks.

Compliance Officer/Regulatory Analyst: FinTech companies must adhere to various regulations and compliance standards. With knowledge of financial regulations and compliance requirements, you can pursue careers as a Compliance Officer or Regulatory Analyst, ensuring that FinTech products and services comply with relevant laws and regulations.

What is the refund policy if a student needs to withdraw from the IIT Delhi Professional Certificate Programme in FinTech?

If a student wants to withdraw, he/she can withdraw within 15 days from the programme start date. A total of 80% of the total fee received will be refunded. However, the applicable tax amount paid will not be refunded on the paid amount. If the student withdraws 15 days after the start of the programme session, he/she will not be eligible for any refund. Please note that if you wish to withdraw from the programme, you must email cepaccounts@admin.iitd.ac.in and icare@timespro.com stating your intent to withdraw. 

Reference taken from: https://timespro.com/executive-education/iit-delhi-professional-certificate-programme-in-fintech