Financial Technology (FinTech) is the study and application of financial analysis, algorithmic trading, and automation techniques. FinTech is the technology we use for online banking, automated investing applications, financial prediction, and blockchain technology. Other uses for FinTech include the use of smartphones for mobile banking, algorithm-driven investing, and cryptocurrencies—conveniences that make it easier for the general public to use these services. Where traditional financial services were once provided by companies, there are now FinTech companies trying to replace or enhance their usage of traditional services with groundbreaking technology.
To offer the latest in this type of technology, data scientists and analysts in the financial industry need to learn skills in Python and related programming tools. There’s a big reward for building these skills. FinTech has become so important that some financial institutions send their employees to FinTech bootcamps because they can’t hire candidates with established FinTech skills quickly enough. As consumer demand for finance apps and online financial platforms continues to grow, the need for experienced FinTech experts is skyrocketing.
As FinTech is not always easy for beginners to grasp, it is often recommended to learn basic to intermediate Python skills before jumping straight into a FinTech bootcamp. However, different bootcamps will have different requirements, which is why you should explore all available options before deciding which one is best for you.
Salt Lake City Careers for FinTech Bootcamp Graduates
Salt Lake City has some of the largest banks and financial institutions in America, in part due to having one of the fastest-growing tech and start-up businesses across the country. Every one of these companies is clamoring for professionals who are adept in the field of FinTech. The fastest way to get in on this booming industry, is to take a FinTech bootcamp in Salt Lake City.
FinTech bootcamps provide hands-on, job-applicable training that dives deep into financial analysis, algorithmic trading, and automation techniques. They deliver the instruction and projects you need to truly learn this deep, challenging field. Having this experience on your resume is a great way to signal to potential employers that you have what it takes to succeed within their company, since you’ve already been tested through a series of challenging classes.
The salaries associated with FinTech careers reflect that they are in-demand jobs. Average salaries for Financial Analysts in Salt Lake City start out at $58,000 and then soar upwards for Data Scientists, who make around $105,000 annually. Take into consideration the relatively low cost of living provided by Salt Lake City, and you’ll see that learning FinTech can be a valuable investment for your future.
In-Person FinTech Bootcamps in Salt Lake City
Signing up for an in-person FinTech bootcamp in Salt Lake City is a perfect way to start your entrance to the FinTech world. The advantage of in-person sessions includes having the instructor right there to answer any questions and offer advice as you work on projects. In these bootcamps, you’ll learn valuable skills such as
FinTech bootcamps generally teach the foundations of finance technology using Python’s libraries, machine learning, and automation, algorithmic trading, and data visualization. To sum up, FinTech Bootcamps are data analytics bootcamps with a focus on finance.
Currently, there are no in-person FinTech bootcamps available in Salt Lake City. You can check the training map on Noble Desktop’s website for updates or read on to find out about live online FinTech bootcamps.
Virtual FinTech Bootcamps
Most virtual FinTech Bootcamps are in-depth, and comprehensive experiences—perfect to help you join this fast-growing field with the skills you need to find a job. An advantage of taking a live FinTech bootcamp online is the ability to ask questions and have them answered in real-time, just like an in-person bootcamp. You also have the opportunity to share your computer screen with your instructor if you’d like to have help with an assignment. These bootcamps are based on real-world datasets and stock trading, so you’ll build relevant experience for your future career.
Noble Desktop, the creator of this tool, offers a FinTech Bootcamp taught by expert finance and data science professionals. If you enroll in this, you’ll learn how to use Python for financial analysis, machine learning, automation, and algorithmic trading. By the end of this 60-hour course, newly-hired Financial Analysts will be ready to succeed on the job from day one.
Another option is Noble’s Python for Finance Bootcamp, where you will learn how to analyze large amounts of financial data with Python, create visualizations, and start using statistics for predictive modeling.
If you want to take part in an intensive data science class that covers automation, machine learning, and other advanced processes, consider the 84-hour Data Science certificate from Noble Desktop. Data science professionals play a critical role in finance and FinTech, and the skills you’ll learn are transferable to other industries, too.
FinTech Classes in Salt Lake City
If you’d like to explore what FinTech is all about, but you’re not sure if a bootcamp is right for you, consider taking one of the many FinTech classes in Salt Lake City offered by some of the highest-rated schools in the city and beyond.
General Assembly and New Horizons offer quite a few short in-person classes in Salt Lake City. New Horizons offers Data Science Tools in Python, three SQL classes, and Data Wrangling with Python. General Assembly offers Intermediate and Advanced SQL. These are all good options for people who want to receive quick training in FinTech-relevant skills from a local school.
Certstaffix Training offers a Basic SQL Fundamental class that you can attend at their Salt Lake City computer lab or from home. This class uses a remote instructor.
For more options, consider looking at some of the live online classes offered by Noble Desktop such as Machine Learning and Automation for Data Science.
Choosing a FinTech Bootcamp
When deciding whether to take a FinTech bootcamp, it’s a good idea to do as much research as possible. In order to best help you choose what’s right for you, Noble has listed just a few places for you to start as you look through the options you have. Since enrolling in a bootcamp represents a large investment on your part, you should put a lot of thought into choosing the one that best meets your needs.
Consider asking yourself some simple questions such as “What level should I start at?” “Do I want to take a class in-person or live online?” and “Will learning FinTech help me towards a career I want or give me a boost in a career in the FinTech career that I already have?” These may not be easy questions to answer at first, but using the descriptions provided in this guide, your path may be easier to find.
One thing to consider is whether bootcamps are the right choice for you in the first place, or if you’d like to start with classes. There are plenty of options in both, and it’s a good idea to look through them all to see what fits you best. A distinct advantage of bootcamps, however, is how fast they’ll get you up and running with a foot in the door for a lucrative career.
There are definite advantages when taking bootcamps in-person such as being in a classroom with one-on-one instruction, where you can take part in a truly immersive environment. Online bootcamps have the convenience of flexible scheduling for busy people who find it easier to choose where they take their course. There is no single right or wrong answer—everyone will have different priorities when determining which type of bootcamp to take.
Some bootcamps provide financing opportunities so that you don’t have to pay all at once. Others offer scholarships or seasonal discounts. A number of bootcamps even have a “job guarantee, ” but it’s worth checking the terms and conditions to see exactly what that entails.
These days, there are bootcamp options for every type of learner. No matter what kind of FinTech bootcamp you’re seeking out, you’ll almost certainly be able to find it somewhere.