Why is establishing a Fintech Centre within a university setting important for the industry?

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Why is establishing a Fintech Centre within a university setting important for the industry?

Establishing a Fintech Centre within a university setting is essential as it serves as a link between academia and the rapidly advancing industry that is Fintech. These centres provide students with exposure to the latest technologies and methodologies. Universities can align their curriculum with industry needs. Such centres also promote research and development. This leads to promotion of an ecosystem where new financial solutions can be developed, benefiting the industry at large. Additionally, these centres often engage with industry leaders, providing students with opportunities for internships, mentorships, and live projects, further enhancing their employability.

From an industry perspective, these centres create a channel of skilled professionals who are armed to meet the demands of a rapidly evolving sector. This co-operative relationship between academia and industry is vital for sustaining growth and innovation in the financial technology domain.

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