“Classic” finance and digital finance: models, paradigms, and digital transformation for today’s accounts, managers, and analysts

30 January 2024

Digital transformation is radically changing the financial marketplace. A redefinition of all parameters by which financial institutions operate, interact with customers and create value is now underway. The introduction of significant innovations in the financial market concerns all spheres: products, services, operations and business models.
At the same time, companies and organizations operate with “classic” financial tools and models, based on paradigms that exist beyond technological contingency.

To enable young professionals to face this transformation and to be able to operate in a hybrid world, in which classical finance and new technologies go side by side, we need a practical education proposal: training on digital transformation; workshops, seminars, and meetings with executives from companies already operating in this sector; mentorship; cross–functional collaboration among multidisciplinary teams.

Bologna Business School, with its international Faculty of excellence, which includes highly experienced professors, and a powerful network, able to connect the School and leading companies from different business sectors, can offer study paths with a strong focus on the classical financial world and its transformation in a technological way.
Among the programs most focused on these issues are the Professional Master in Finance and Fintech, and the Open Programs in Administration, Finance and Control, and in Finance for non-Finance Managers.

Combining financial expertise with in-depth knowledge of new digital technologies is crucial to facing the challenges these powerful changes bring today.
Today, professionals such as financial analyst consultants, strategic analysts, or risk managers must be skilled in topics such as blockchain, artificial intelligence, and big data analytics.

Those who work in business administration, finance and control need to keep their skills in business analysis, budgeting tools and cash management up to date.

Accounting is the language of business. Fully understanding the impact of day-to-day decisions on a company’s economics, budgeting and business cost drivers is necessary to use accounting information to support effective and financially sustainable decisions. From analyzing corporate budgets to management control, from artificial intelligence to cybersecurity principles, the skills needed in the world of digital finance are numerous and cut across disciplines.

Bologna Business School programs are designed to integrate the interdisciplinary knowledge needed to create value in the company, to obtain immediately spendable hands-on knowledge. Visits to industry leaders, meetings with top managers able to share their companies’ best practices, workshops, real cases and mentoring are training tools always included in BBS Masters and Open Programs.

Attention to emerging technologies and monitoring of industry trends are essential to face with skills and proper training in a rapidly changing world, relying on established and unavoidable dynamics and patterns, such as finance. By integrating different strategies and interdisciplinary paths, professionals trained by Bologna Business School can handle the digital transformation of the financial market and positively influence one of the most fascinating and profitable businesses of the near future.

 

Learn about BBS Master’s programs with a focus on how to get into the world of finance and digital finance:

Finance and Fintech Professional Master

Accounting & Finance Open Program

Finance for non Finance Manager Open Program