Learn More About FinTech Bootcamps in Atlanta
FinTech is a growing field that’s based on the automation of various functions in the financial industry. It describes how technology and software are used for business and personal financial transactions. If you’ve ever used blockchain technology, a banking application, accounting software, or an app to request or transfer money, then you’ve used FinTech. Attending a FinTech bootcamp can prepare you for several related jobs in Atlanta, which has become an epicenter for FinTech transactions and companies. Bootcamps that cover topics like data science, Python, financial analysis, and automation offer immersive learning opportunities that can prepare you for an analytical, engineering, or developer role in FinTech. Read on to learn more about bootcamp training options and how to put your FinTech training to use in Atlanta when you graduate.
What is FinTech?
FinTech, which is short for financial technology, is a field that has existed for decades, though it continues to undergo tremendous changes. The field has evolved considerably from its early days, which included using gold, paper, and coins, into more customer-based services. Today, it describes how emerging technologies are used to automate or streamline the use and delivery of different financial services. FinTech comprises a range of technologies such as digital wallets and blockchain, which were created to provide users with access to otherwise complex systems. The field of FinTech includes various industries and sectors like fundraising, retail banking, education, and investment management.
What Can I Do with FinTech Training?
FinTech is a broad term that refers to a range of financial services and products, including the providers that offer them. This umbrella term can be broken down into three general types of service categories: services, products, and companies. Those who have a background in FinTech can put their training to use in one or more of these categories:
- Services pertain to platform services like PayPal or Venmo in which different financial services are offered, as well as services like Robinhood that focus on investments.
- Products include digital banking, robo-advisors, and any payment apps that are used on smart devices. Even though currencies aren’t usually called products, cryptocurrencies are considered more of a product than a service.
- Companies are another type of FinTech. These include major US organizations like Mastercard and Visa, as well as Ant Financial and Tencent in China. Firms such as these provide services and products and are usually simply known as “FinTechs.”
Those who study FinTech can put their training to use in a range of professional settings in which a background in finance, technology, and regulatory compliance is required. They can explore career paths in data science, financial analytics, product management, customer service, or software engineering. Some individuals who have FinTech knowledge put it to use in creating mathematical models capable of representing financial assets or situations. These financial models are useful tools for forecasting a company’s future financial performance and helping the organization make more informed decisions based on this knowledge.
In fields like data analytics and data science, knowledge of FinTech is an essential skill set because advanced analytics can offer insights into the services being offered, including their efficacy and how customers are responding to them. FinTech insights help Data Analysts provide their employers with data-driven information that can lead to internal improvements for the organization. Additionally, Data Scientists who know FinTech can put their skills to use creating predictive machine learning models that can detect fraud, evaluate risk, and segment customers pertaining to their demographics or shopping patterns.
One of the most widespread applications of FinTech is in cybersecurity. Those who work in FinTech cybersecurity are hired to protect financial data and operations like electronic payment systems and cryptocurrency trading from online threats. This requires a well-rounded understanding of cutting-edge technology, financial systems, encryption, network security, vulnerability management, and secure coding practices.
FinTech knowledge is also an asset in other fields as well, particularly those that focus on user experience. FinTech professionals work to create user-friendly services and products that not only satisfy customer expectations but also meet established standards. Those who work in investing can also rely on FinTech knowledge to assist with managing their investments. It has applications for creating algorithms and optimizing investment performance. Additionally, within the digital banking sector, online banking services require FinTech expertise to provide users with secure access to personalized online banking services that can be used with the touch of a button.
How Hard is It to Learn FinTech?
Similar to any other skill, the challenges of learning FinTech are largely subjective. The difficulty level of studying FinTech will likely depend on the learner’s prior financial knowledge, the training method they opt for, and their ultimate goals for learning FinTech. Since FinTech knowledge requires both hard and soft skills, as well as familiarity with industry-specific tools, the process is also relative to the specific industry in which the FinTech training will be applied. For example, those interested in using their FinTech training in data science will likely need to be familiar with programming languages like Python. On the other hand, those who put their FinTech training to use in project management roles will likely need to be familiar with other software or tools such as Microsoft Project or Trello.
Another challenging aspect of studying FinTech is acquiring both hard and soft skills. This process not only entails working with industry-specific tools like Tableau, SQL, Power BI, or Excel but also developing a range of soft skills that will be essential in the workplace. Aspiring FinTech professionals must be strong communicators capable of breaking down complex financial information in an accessible manner. They must have business acumen, time-management training, and storytelling skills as well. These take most people time and practice to cultivate.
Because the field of FinTech continues to evolve and change as technology continues to transform our daily lives, those interested in pursuing a career in FinTech will likely need to be lifelong learners who are committed to staying on top of the latest technological advances and trends. Since the demand for high-tech solutions isn’t expected to stop any time soon, learners will have to devote time and effort to remaining current on emerging technology and best practices to succeed in FinTech.
How Long Will It Take to Learn FinTech?
The time it takes most individuals to learn FinTech is largely dependent on the type of career path they hope to pursue with their training. Some FinTech career paths require years of experience or a formal degree from a four-year college or university. Other professional paths are more flexible; learners who are interested in entry-level positions can instead opt for a bootcamp or certificate program to prepare for these job paths in as little as four to six weeks. The bottom line is the time needed to learn FinTech will largely depend on how this training will be used and to what extent. Those who want to work in business analytics will require different knowledge and expertise than those interested in pursuing a career as a Cybersecurity Analyst or Investment Advisor. Some professional roles require certifications, whereas others are more flexible in their general application requirements.
Those who wish to streamline the FinTech learning process can do so by creating a solid action plan. This can help each learner determine what industry they wish to work in and what they ultimately wish to do with their training. Those who are interested in having job flexibility may wish to pursue career paths that include a focus on business or financial analytics. Individuals looking to pursue a career path in risk management may wish to prepare for career paths in industries like banking, insurance, or healthcare. Since the specific training for each role differs, the earlier the student can articulate their professional path, the sooner they can begin acquiring the skills needed to get there.
Another determining factor that will affect the speed at which an individual can learn FinTech is how much they’ll need to use their training professionally. Some career paths in FinTech may only require some FinTech knowledge, whereas other roles require expensive FinTech training, as well as other supplementary skills. For example, Data Scientists working with FinTech will need to have a background in finance, as well as machine learning, SQL, and Python. Regardless of professional aspirations, one of the quickest ways to learn FinTech is to enroll in a hands-on bootcamp or certificate program such as Noble Desktop’s FinTech Bootcamp.
What Skills Are Related to FinTech?
There are many ways to enter the FinTech industry; some individuals pursue the finance side, whereas others may be more inclined to pursue software engineering or data science. Regardless of the path you select, a diverse skill set is typically required to succeed in this field.
One skill set that’s integrally related to FinTech is data analysis and data science. FinTech professionals use both to organize and analyze data to extract advanced insights that can then be shared with their company to provide better products and services. Data science also helps those in FinTech with creating machine-learning models capable of detecting fraud and evaluating risk.
User experience (UX) design is another field that’s related to FinTech. UX design involves focusing on product/service usability and user satisfaction. In addition to creating visually appealing products or services, UX Designers perform user research to make sure the products they create are satisfying customers’ needs. Those with UX design skills can put them to use in FinTech since this skill set can assist with creating financial products and services.
In addition to UX design, data analysis, and data science, another field that’s closely related to FinTech is project management. Those interested in overseeing FinTech projects may want to first develop their project management skills. This will ensure they can see a project through, from conception to completion. Project management training is also a great way for FinTech professionals to ensure team members on projects remain on task, adhere to budgetary constraints, and that the project’s timeline is progressing in a timely manner.
What Will I Learn in a FinTech Bootcamp?
Enrolling in a FinTech bootcamp is an excellent way to acquire hands-on training in a range of in-demand skills, tools, and techniques and prepare for a career in financial technology. Bootcamps are available from top educators around the US and are taught online as well as in-person at designated training facilities in cities like Atlanta. Although each bootcamp differs in terms of the scope of instruction, training content, duration, and difficulty level, most programs are open to beginners who don’t have prior FinTech experience or coding knowledge. Those enrolled can expect to explore concepts like data science, financial analysis, Python programming, SQL querying, data visualization, and machine learning. Graduates of bootcamp programs can put their skills to use in entry-level positions in FinTech, financial analytics, or data science.
In addition to hands-on training in the small classroom environment, many bootcamps provide learners with additional incentives to ensure they’ll be job-ready upon graduation. Some programs include 1-on-1 mentoring sessions that provide students with the chance to hone in on difficult concepts from class or for professional development. Other providers offer assistance with resumes, cover letters, job interview preparation, or LinkedIn profiles. Students may also be provided with access to networking events or receive professional portfolio critiques.
Atlanta Careers for FinTech Bootcamp Graduates
One of Atlanta’s main industries is the financial sector. The Federal Reserve System is headquartered in the city, and its FinTech sector is considered one of the best in the world. The city’s financial services industry continues to grow and increase in diversity. Many top investment firms that are looking to invest in startups are moving to Atlanta to take advantage of the city’s thriving financial market. More than 70% of all global FinTech sales pass through the city. Over the course of the last decade, at least 120 FinTech companies established a presence in Atlanta.
Whether you’re interested in working for a startup or a long-established corporation, you’ll find a range of career opportunities in Atlanta. Some of the notable FinTech businesses in the area include Equifax, Kabbage, and Bitpay. FinTech bootcamp graduates are prepared to thrive in roles such as Financial Analyst, Data Scientist, Software Engineer, and Python Developer. These careers offer competitive salaries, ranging from $69,000 to $115,000.
Advantages of Learning FinTech with a Live Instructor
One of the main benefits of live FinTech bootcamps is that they allow participants to connect in real-time with an instructor. Students can ask questions as they arise and receive in-the-moment support and clarification. Those who attend class live online can even share their screen with the instructor (with permission) for additional assistance. The instructor draws from their industry experience in FinTech and provides students with the necessary training and skill set to ensure they’ll be job-ready upon graduation.
Unlike asynchronous coursework, which is pre-recorded and placed online, live classes take place at regularly scheduled intervals. Those enrolled are guided from beginner-level FinTech concepts into more intermediate and advanced training over several weeks or months (depending on if the program is attended part-time or full-time). The structure of bootcamps ensures that learners will have acquired sufficient training upon graduation to apply for entry-level roles in data science, FinTech, or financial analytics. The supportive and engaging environment provided through live study helps students learn essential FinTech concepts and can apply them to real-world settings.
Choosing a FinTech Bootcamp
With more FinTech companies moving to Atlanta, now is a great time to acquire the training needed to work in this field. Bootcamps provide immersive instruction over the course of 18 to 102 hours. The personal investment to upskill ranges from $915-$4,495, with some schools offering payment plans and financial assistance. Depending on the training provider, 1-on-1 mentoring and setup assistance may be available. Virtual learning also offers the convenience of gaining training from anywhere. Continue to explore the FinTech bootcamp options to decide which one will help you accelerate your career goals.
In-Person FinTech Bootcamps in Atlanta
If you’re interested in enrolling in a bootcamp program, you can find in-person FinTech bootcamps in Atlanta using Noble Desktop’s Classes Near Me tool. Coursework is available in several fields related to FinTech, including data science, Python, and machine learning. Since most FinTech careers require knowledge of data science tools, attending one of these bootcamps is one way to kick off a career in FinTech.
General Assembly offers bootcamps that are available to take in-person at its location in Freedom Park. General Assembly’s Data Analytics Bootcamp and Data Science Bootcamp both cover critical data-related subjects like Python, Excel, and Tableau. This provider also offers an SQL Bootcamp for those looking to learn the basics of SQL syntax.
Interested learners can also attend Emory Continuing Education’s applied Machine Learning & Data Science With Python. This class is available in Atlanta and covers essential data science topics like data collection and visualization, machine learning algorithms, model-building, and database manipulation.
Virtual FinTech Bootcamps
Similar to in-person classes, live online FinTech bootcamps are immersive and interactive education experiences. They’re led by instructors in real-time and provide the option for instructors to gain remote access to your screen for additional feedback. Since they offer the flexible option to study from your home, office, or any location, virtual bootcamps are becoming an increasingly popular option for learners. Noble Desktop offers several FinTech bootcamps that can prepare you to break into the field.
Noble’s FinTech Bootcamp is designed to prepare students for entry-level careers in FinTech. The course specifically covers Python for data science, machine learning, automation, and finance. It also includes in-depth training in SQL. This beginner-friendly bootcamp provides participants with 1-on-1 mentoring sessions, which can be used for professional development purposes.
Noble’s Python for Finance Bootcamp is an advanced course for individuals who are familiar with Python for data science and/or programming. It covers how to use Python’s financial libraries, work with APIs, analyze financial statements from the SEC, and build risk-management tools.
Noble also provides a Python for Data Science Bootcamp, which is an interactive course that covers the fundamentals of Python, structuring programs, arrays, and data frames through NumPy and Pandas, data analysis and visualization, and statistical modeling.
In addition to Noble’s virtual FinTech course offerings, other top providers also have live online bootcamps for interested learners. Practical Programming offers a virtual FinTech Bootcamp in which students take a deep dive into how Python can be used for data analysis and how to work with its libraries like Pandas and NumPy for analyzing and visualizing data. Learners who want to focus on financial modeling can do so by enrolling in NYIM Training’s Financial Modeling Bootcamp. This robust program provides training in advanced Excel, sensitivity analysis, financial statements, and modeling assumptions.
FinTech Classes in Atlanta
If you’re an Atlanta resident interested in learning FinTech but aren’t ready to invest in a bootcamp, there are several shorter FinTech classes in this area that may interest you. Starting out by learning a single topic is a more accessible way to get into FinTech, as it doesn’t require the intense financial and time commitment of a full-length bootcamp.
Training the Street offers Financial Modeling & Corporate Valuation, which is a robust program in which students explore the finance and Excel skills needed to create financial models like a DCF, M&A, and LBO model. This provider also has a shorter course, M&A and LBO Analysis, which offers advanced-level instruction on essential finance and accounting concepts like how to create LBO and M&A models. Both classes are available live online and in-person in Atlanta.
Noble Desktop also offers an online class for those interested in exploring how to automate tasks using Python. Python for Automation is intended for those who want to learn skills like web scraping, loop-writing, and HTML and CSS. This short program only takes one day to complete and is offered live online.
Corporate FinTech Training
Would the employees at your workplace benefit from learning more about FinTech? If so, let Noble Desktop help. Noble can provide corporate and onsite FinTech training for some or all of those at your workplace. Noble offers training options in Python, data science, machine learning, automation, SQL, FinTech, and algorithmic trading. Training sessions can take place onsite at your office in Atlanta or through live online sessions using Zoom or a similar teleconferencing platform.
In addition to offering discount vouchers for group enrollment classes, Noble can also customize curricula to ensure those at your workplace get the most out of their studies, and ensure they can attend class as their schedules permit, which may be on weeknights or weekends. Instruction is available for learners at all levels, including those who are new to FinTech or who have limited programming or data science experience.
Don’t hesitate to contact Noble today to find out more about the exciting training options that are available.