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Fintech lures MBAs away from banking and consulting

Willing to take the salary cut to be at the forefront of financial services innovation, more and more MBAs are headed into product, strategy, and finance roles at fintech startups post graduation. According to the Financial Times, more and more founders are feeling more comfortable looking to business schools as they look to grow their well-qualified staff and hire analytical thinkers.

Many fintech founders went to business school. Insead’s MBA alumni include Giles Andrews, British founder of peer-to-peer lending platform Zopa, and Taavet Hinrikus, the Estonian-born chief executive of online foreign exchange marketplace TransferWise. Jeff Lynn and Carlos Silva jointly developed the business plan for equity crowdfunding business Seedrs as part of their MBA course at Oxford’s Saïd Business School.

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fintech, mba