沙巴体育, 20 June 2023: 沙巴体育 Institute of Technology, a constituent unit of 沙巴体育, MAHE, one of India's premier higher education institutions, unveiled a first-of-its-kind undergraduate program in B. Tech program in Computer Science and Financial Technology. As the sole institute in India offering this ground-breaking degree, MIT 沙巴体育 solidifies its reputation as a pioneer in innovative education.

In a recent report published by the Boston Consulting Group (BCG) in May 2023, it was projected that the global revenues of the Financial Technology (Fintech) sector will grow sixfold, reaching a staggering $1.5 trillion by 2030. The report highlighted the Asia-Pacific (APAC) region as the leading fintech market by 2030, surpassing the United States. The driving force behind this growth will be the significant presence of fintech firms in India, China, and Indonesia, along with a tech-savvy youth population, an expanding middle class, many small and medium-sized enterprises, and underbanked populations. The compound annual growth rate (CAGR) for this sector is estimated at 27 percent.

Commander (Dr) Anil Rana, Director, 沙巴体育 Institute of Technology (MIT) said, "We are thrilled to launch the first-ever B.Tech. program in Computer Science and Financial Technology in India. MIT 沙巴体育 is committed to providing cutting-edge education that aligns with the evolving needs of the industry and equip students with hands-on experience to make them industry ready. This program will facilitate students interested in a career in fintech with knowledge of the fintech domain and technology. This will help the students to contribute to India's emergence as a global fintech powerhouse”.

Recognising this immense potential, MIT 沙巴体育 has taken the initiative to bridge the gap between computer science and finance by introducing the B.Tech. Program in Computer Science and Financial Technology. This unique program, approved by the All-India Council for Technical Education (AICTE), aims to equip students with the skills and knowledge required to thrive in the rapidly evolving fintech industry.

Drawing inspiration from the rich banking history of Udupi and Dakshina Kannada districts in Karnataka, MIT 沙巴体育 remains committed to its legacy of pioneering advancements. Late Dr T. M. A Pai, Padmashri awardee, the founder of the 沙巴体育 Group, was also the founding father of Syndicate Bank and is credited with designing the 'pigmy deposit schemes,' which served as the first step towards small-scale savings in India.

Prof. Yogesh Pai, Professor & Head, Department of Humanities & Management, MAHE, said, "The introduction of the B.Tech. program in Computer Science and Financial Technology at MIT 沙巴体育 is a significant milestone in the Indian education landscape. We are excited about the opportunities this program will create for students and the transformative impact they will have on the industry”.

With this latest addition to its list of accomplishments, MIT 沙巴体育 continues to set new benchmarks in education. The institution's unwavering dedication to innovation, coupled with its strong industry partnerships, ensures that graduates of the B.Tech. Program in Computer Science and Financial Technology will possess the skills and expertise to excel in the dynamic fintech landscape. The institute will start offering this course beginning from July 2023.?