Employment and Career Prospects of Technical-Oriented Jobs in the FinTech Market

FinTech refers to a set of new technologies employed to improve and automate the delivery and use of financial services. This study aims to provide some insightful information to: (a) universities on how to offer their FinTech education, and (b) graduates so that they can make an informed decision on whether they should start their FinTech career journey. To achieve these aims, we explore the credentials of recent and long-time graduates who are working in the FinTech area by conducting a questionnaire survey involving 48 Australian FinTech companies and 83 FinTech practitioners working in various IT functions of these companies. Among the various findings reported in this paper, some of them are: (a) the most straightforward way to start the "technical-oriented" FinTech career is to earn an undergraduate IT degree, (b) possessing previous IT work experience is almost a norm for FinTech practitioners, and (c) for those FinTech practitioners with previous work experience in financial services, they may have a higher chance to be promoted to executives.