The advent of digital currency in India is causing a drastic change in the banking & financial sphere. As the nation is getting closer to transforming into a cashless economy, technology is starting to play a major role in shaping the future of banking & finance. With this ongoing change, Engineers are starting to acclimatize to this change, as the work in this space is more dependent on technology than it was a few years back. The InsideIIM team visited Goa Institute of Management and had an in-depth conversation regarding the above with Prof. Kaushik Desarkar & Prof. Umesh S Mahtani.
Prof. Kaushik Desarkar is the Assistant Professor in Finance, with years of experience in financial risk management. He discusses how computer coding for data through programs like Python, SQL, Visual Basic, and so on, will soon be mandatory in most B-schools curriculum due to the shift of the current landscape of finance and dependence of technology can also replace the need for employees in certain areas of work. Prof. Umesh S Mahtani is the Associate Professor in Finance, his area of expertise being Accounting. He talks about the structure of the course that he curated in order to make Accounting easier for students of different backgrounds and also what the BFSI sector has in store for any individual who plans on pursuing a career in Banking and finance in the coming years.
Watch this video to learn more about the future of finance & accounting, along with the ongoing technological advancements in this space.
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