A partnership between the University of Georgia and financial technology companies in Atlanta is boosting a booming sector in the region and priming Georgia MBA graduates for high-demand jobs.
Through a new program for students with a FinTech emphasis, 10 Terry College of Business MBA candidates partnered with the industry group FinTech Atlanta to apply their expertise to real-world projects from member companies.
The students spent four months working on two projects for FinTech company Global Payments under the guidance of faculty mentors and professional collaborators. The partnership was both educational and profitable, said Christopher Justice, president of Global Payments Gaming Solutions, a division of Global Payments.
“I couldn’t be happier with the results we achieved,” Justice said. “Several of our executives worked closely with the team and found the students to be creative, passionate problem solvers. Over the course of the semester, the two projects took on a life of their own. It’s clear these students provided a unique perspective we were otherwise missing. Because of these projects, Global has improved its product set while increasing the value of the overall sales pipeline. We’re excited about partnering with UGA on future projects.”
The FinTech sector focuses on the use of technology to facilitate everyday financial transactions. More than 100 FinTech companies are based in Atlanta and together process 70 percent of all credit, debit and prepaid card transactions in the U.S.
The unique program allows companies and students alike to reap substantial benefits and make new connections, said Richard Watson, a faculty advisor for the MBA project and the J. Rex Fuqua Distinguished Chair for Internet Strategy at the Terry College.