Why Fintech is So Hot Among MBAs

At Columbia Business School, not only was a club established last year, it has already merged with and replaced the once-massive and long-standing Sales and Trading Club, says Jennifer Merchant, senior associate director of Columbia’s Career Management Center.

“It was almost like fintech acquired the Sales and Trading Club, which was, to me, a sign of a change in student interest and where different jobs are going,” Merchant tells Poets&Quants, noting the club was thriving in 2001 when she graduated from the school with her MBA. “Now the major banks are not hiring for that space that much anymore from the MBA level. A lot of jobs are going the route of fintech.”