siliconindia | | December 20209impacted the growth rate as digital payments become more prevalent as part of social distancing norms. In such a huge and expanding market, there is a need for engineering gradu-ates with an affinity for coding to help build futuristic tech products. Let us look at the requirement for such roles in the BFSI space.Role of engineering graduates in BFSILike all other fields, the BFSI sector is also looking for engineering gradu-ates to perform more specialised roles that have evolved along with the digital transformation. Individu-als with exceptional competencies in programming and coding, artificial intelligence, machine learning, data science, blockchain technology, ro-botic process automation and cyber-security are most sought-after in the FinTech industry as companies adopt these technologies in their product and service offerings and operations. The competition in the FinTech area is majorly in customer service, payment gateways and mobile wal-lets, while blockchain, cryptocurren-cy, stock market trading and crowd-funding are slowly emerging.Since all these are driven by vari-ous technologies, engineering gradu-ates can play a pivotal role as soft-ware developers, programmers, data scientists, web/app developers, IT support analysts, project managers, product managers, UI/UX designers, risk managers, etc. There is also a possibility of moving into roles that need Data Engineering which is the future and provides a strong start for traditional engineering graduates as they are naturally inclined towards structured and methodical approach-es of data science underlined by ana-lytical skills.Building FinTech-oriented skillsGraduates acquire technical skills in college, post which they need a finishing school to learn and hone FinTech-specific skills to become in-dustry-ready. Short-time specialised courses from FinTech focused insti-tutions will help them to build these skills. For instance, some institutes have built a curriculum that focuses on FinTech and offers a job-assured course for engineering graduates. These institutes trains candidates on mathematical, analytical, problem solving, creativity, and innovation skills ­ those are integral in FinTech through real-life projects and use cas-es from the industry.The opportunities for engineering graduates in the BFSI sector are ever-growing as banks and other financial institutions launch new digital ser-vices and products and this is a great opportunity for IT engineering gradu-ates to secure a good career. Graduates acquire technical skills in college, post which they need a finishing school to learn and hone FinTech-specific skills to become industry-ready
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