Chitkara University Launches Fintech Centre of Excellence

Chitkara University has partnered with the Fintech giant Zaggle to establish a Fintech Centre of Excellence.

Chandigarh, India, November 11, 2024 — Chitkara University has made a groundbreaking advancement in Fintech education in India by launching the Dr. Raj P. Narayanam Fintech Centre of Excellence at its Rajpura campus in Punjab. As the first Fintech Centre of Excellence within a university, this center aims to meet the increasing demand for skilled professionals in the rapidly evolving financial technology sector. It offers students a unique combination of academic knowledge and industry-driven learning experiences.

The Centre has launched its first cohort of finance students, who were selected through a rigorous process. These students will receive specialized fintech training throughout the program. This Centre strengthens Chitkara University’s commitment to developing fintech talent by combining high-quality education with industry engagement. As the Chief Mentor for the cohort, Dr. Narayanam also announced funding support for deserving students to promote their entrepreneurial ventures.

“We are proud to establish the Dr. Raj P. Narayanam Fintech Centre of Excellence at Chitkara University,” said Dr. Ashok Chitkara, Chancellor of Chitkara University. “This initiative represents a new chapter in industry-focused education, particularly in Fintech. It will equip our students with practical skills, insights, and industry connections to thrive in this rapidly evolving sector. We look forward to the exciting opportunities this Centre will create for students and its role in driving innovation in Fintech across India.”

Dr. Raj P. Narayanam, Founder and Executive Chairman of Zaggle, expressed his enthusiasm, stating, “The launch of the Dr. Raj P. Narayanam Fintech Centre of Excellence is a milestone that reflects my commitment to supporting the fintech sector and creating new opportunities. This Centre will bridge the critical gap between academia and industry, offering a curriculum integrating theory with hands-on training, ensuring students are ready for the industry. By nurturing the next generation of fintech leaders, the Centre will support India’s vision of building a skilled workforce for the global fintech revolution.”

The Fintech sector in India is experiencing significant growth, driven by advancements in digital banking, mobile payments, and investment technologies. This expansion has led to a burgeoning demand for professionals skilled in product management, data science, cybersecurity, and digital compliance. In response, governmental initiatives aim to bridge this skills gap by providing students with comprehensive academic training alongside substantial industry exposure, thereby equipping them to thrive in a competitive Fintech job market.

Chitkara University, a distinguished private university in India, is esteemed for its commitment to practical, industry-centric education. The institution offers extensive undergraduate, postgraduate, and doctoral programs and is recognized for its pioneering research, innovation, and robust industry partnerships. The university’s mission is to prepare graduates adept at confronting global marketplace challenges.

Source: Chitkara University