This study explores the impact of the rapid growth of Financial Technology (FinTech) on the financial services sector and the resulting shift in skill requirements for commerce professionals in India. It highlights the existing gap between traditional, theory-oriented commerce education and the practical, technology-driven competencies demanded by the FinTech industry. Adopting a descriptive research design, the study collects primary data from students, young professionals, and educators through a structured questionnaire, supported by secondary sources. The analysis, conducted using percentage methods and Chi-square tests, reveals a significant mismatch between current academic training and industry expectations. The findings emphasize the need for integrating FinTech concepts into commerce curricula, promoting experiential learning, and strengthening industry-academia collaboration. Industry exposure and internships emerge as key factors in enhancing FinTech-related skills. The study proposes a practical framework for FinTech skill development in commerce education, focusing on curriculum modernization, continuous upskilling, and active industry engagement. It provides valuable insights for academic institutions and policymakers aiming to align commerce education with the evolving demands of the FinTech-driven financial ecosystem.
Elzit et al. (2026) studied this question.