Although there’s been significant fear that the digital transformation would become the cause of employment losses and unemployment in the financial technology sector, thanks to contributions from artificial intelligence, that is clearly not the case in the present day. In 2018, there were approximately 45,000 financial technology-related job postings in the Charlotte, North Carolina area alone; this was largely due to the fact that the digital transformation has expanded career prospects and optimized fintech professionals’ performance, and also due in part to Charlotte becoming a hub for hi-tech companies.

In an attempt to fill the void in the workplace regarding fintech positions the University of North Carolina (UNC) Charlotte, in partnership with Trilogy Education, will offer boot-camp classes related to financial technology in the new year to fill positions, connect people with better paying jobs, and help bolster economic mobility.

Starting March 2020, “the fintech boot camp [will be a] 24-week part-time program to help people acquire new technology skills to fill a need in the financial services industry,” said Asher Haines, Director of Continuing Education for UNC Charlotte.

This is just one of several boot camp programs developed by UNC Charlotte in partnership with Trilogy Education. The other available programs focus on coding, data analytics and cyber-security, all of which are within the technology industry realm, with the goal of preparing students to immediately dive into the workforce.

Similar to the University of Georgia’s Fintech Academy, which was launched in 2016, UNC Charlotte’s financial technology boot camp is one of few programs aimed at molding the future of the fintech sector to be strong, robust, and armed with professionals ready address the major challenges of the financial services industry.