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University of Michigan Starts Program to Train Fintech Workforce

The University of Michigan is starting a new program to prepare students for a successful career in technology and finance, or the fintech sector, and address the growing workforce gap.

Launched by Ross School of Business in collaboration with Chicago-based PEAK6 Investments, the program will impart high-level quantitative skills apart from the traditional business education.

Students will study the intersection of technology and finance and identify technological solutions to emerging business challenges.

“The rapid pace of change in the fintech sector is creating an urgent need for experienced professionals who not only understand the technology underlying these services, but also how the disruption in financial services impacts and advances their business,” said Scott DeRue, the Edward J. Frey Dean at the Ross School of Business.

The collaboration will also offer fintech-related clubs, events, and activities; and action-based learning experiences that connect students with the most innovative fintech companies in the world.

Ross school has taken the responsibility to develop and manage the overall Fintech initiative while PEAK6 will provide the base funding.

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