At the intersection of Finance and Technology is FinTech, an industry packed with jobs- tech jobs in New York have increased by 21% since 2006. This specialized industry requires insights into both back-end programming languages as well as a financial background to be successful. Newly coined Byte Academy recently launched in New York to teach these skills to aspiring developers looking for jobs in FinTech.
Byte Academy will teach beginners (they also accept applicants with engineering or mathematics backgrounds) using a curriculum divided into three sections, all project-based. While applicants can be relatively new to programming, Rak Chugh, Director of Byte Academy, says "We’re being somewhat selective in making sure that the right candidates are admitted. It’s not only their educational backgrounds but also their experience and their drive to learn that counts... From an application perspective they can be completely new to both finance and programming. However, by the time we’re done with them, they will be fully capable of working in finance as programmers. "
Students will learn the ins and outs of Python and Java, both popular programming languages in the finance world. After completing several projects, students will be introduced to industry leaders to showcase their portfolios. Since Byte Consulting has a history working in the FinTech industry (their partner list includes Citibank, New York Life, Credit Suisse, and Bank of America), graduates will have access to job placement programs in coordination with Byte Consulting.
The bootcamp's foray into a specific industry is seemingly the first of it's kind, and is definitely fueled by the plethora of jobs in FinTech. Byte Academy's first cohort begins September 29th and to celebrate its launch, Byte will award five full scholarships to applicants based on demonstrated passion for a career in financial technology, as displayed in their application. Included in the scholarship is Byte Academy’s 12-week bootcamp and job placement service, and every applicant until October 30 is automatically entered to win.