The Korean monetary companies fee and the Seoul metropolitan authorities have announced plans to speculate $16 million in coaching digital finance
The Korean monetary companies fee and the Seoul metropolitan authorities have announced plans to speculate $16 million in coaching digital finance consultants for 4 years on Feb. 12. The applying interval to win the related glands is March 4-6.
Particulars of the brand new program
The FSC defined that the demand for specialists in monetary know-how is rising. This system goals to make sure academic alternatives for the following technology of fintech professionals.
This system goes to start out the second half of 2020 and can run till 2023 within the monetary heart in Yeouido district within the capital, Seoul. It’s open to staff at monetary firms, founders of fintech firms and different job seekers within the sector.
There are two curriculums for candidates to select from: diploma and non-degree packages. The Grasp’s diploma program will recruit 80 college students per 12 months, whereas the non-degree digital finance skilled coaching program shall be open to 160 college students with conditional monetary assist.
The contents of the course are superior theories and hands-on programs for intensive research of digital finance-related fields together with massive knowledge, cloud, and blockchain.
South Korea is pushing the fintech sector transferring ahead
Within the current two years, The Korean Financial Services Commission has made main breakthroughs in fintech laws, together with the Particular Act on Web-only Banks, the Fintech Innovation Assist Act and the Act on Peer-to-Peer Lending. In the identical announcement, the Monetary Companies Fee mentioned that:
“The regulatory sandbox was launched below the Fintech Innovation Assist Act, and a complete of 77 ‘progressive monetary companies’ have been designated as of December 18, 2019 for testing their concepts with regulatory exemptions. The federal government will additional develop the fintech business in areas corresponding to open banking and personal knowledge enterprise within the close to future.”