Two-day education on ‘Fintech business model development and startup’
Goal to foster experts for the fintech industry
[November 25, 2015]
YU (President Noh Seok-kyun) is speeding up its efforts to foster professional manpower that will lead the domestic and international fintech market.
The YU School of Business held a fintech startup human resource fostering education program under the theme ‘Fintech Business Model Development and Startups’ at the Business and Economics Hall Room 451 for two days on the 21st and 22nd. This education program that was sponsored by the Ministry of Science, ICT and Future Planning and co-hosted by the YU School of Business and the Broadcasting and Communication Human Resources Development Education Center, was offered so that students can train their capacities to develop innovative business models in the fintech market that has recently been on a rapid rise, as well as to start-up their own companies related to fintech.
A total of 45 people participated in this education session that included not only YU students, but the general public interested in startups related to fintech. Education on the concept of fintech, the domestic and international fintech market status, and business models of financial industries was provided on the 21st. On the 22nd, practical education such as on the electronic finance industry act of Korea, regulations and development programs for fintech in advanced countries in the financial industry such as the US and England, as well as eduction on starting up fintech companies were provided.
Byeon Won-seok (23), a junior at the YU School of Business who attended the session, said, “My goal is to land a job in the financial sector so I have been interested in internet-exclusive banks and fintech education so I attended this education program. Though it was short, it was possible to clearly check the fintech market status and business models.” He added, “Though there is a high level of interest in fintech as a future financial industry, it is not easy to receive actual education or find information. It would be nice if more of such extracurricular courses are offered to help strengthen the capacities of students for employment or to start up their own businesses,”
YU School of Business Professor Kim Jeong-gun who prepared for this education program said, “At this point of time where fintech industries such as Samsung Pay and SSG Pay are receiving attention, ours was the first education session on fintech startups for the Daegu and Gyeongbuk regions.” He also added, “YU will proactively foster experts in the fintech industry, which is receiving attention as a major industry for the ICT convergence era.”
