01 April 2021 Department of Information Systems & Analytics , Faculty , News Media , Press Release , FinTech

The National University of Singapore (NUS) will offer two new graduate programmes in digital financial technology (FinTech) in the new academic year, to help build a robust ecosystem of high-quality research talent and capabilities to support the fast-growing financial industry in Singapore. The new Masters and PhD programmes are under the Asian Institute of Digital Finance (AIDF) at NUS, a university-level institute jointly founded by the Monetary Authority of Singapore (MAS), the National Research Foundation Singapore (NRF) and NUS. The PhD programme, in particular, is Singapore’s first and only doctoral programme in FinTech.

In these uncertain times, more financial organisations than ever are leveraging FinTech to grow and improve their financial products, and to enable smooth and more innovative interaction with their customers.

“In this golden age of technology, banks are becoming more efficient as more operational processes are being automated by AI, and decision making is assisted by sophisticated data analytics. Such advancement is rapidly reshaping the financial services sector. At the same time, financial institutions are facing rapid market changes and intensified global competition. In-demand skillsets such as competencies in digital technologies and innovation, which our new Masters and PhD programmes are designed to impart, will give our graduates a significant competitive advantage to thrive in the industry,” shared Associate Professor Huang Ke-Wei, Director of Academic Programmes at AIDF, who is also from the NUS School of Computing (NUS Computing).

Masters of Science in Digital Financial Technology

The 1.5-year Masters of Science in Digital Financial Technology is a collaborative programme by AIDF, NUS Computing and NUS Business School.

With an intake of 40 to 50 students, the Masters programme is designed primarily for those who plan to work in financial institutions or FinTech firms as AI software developers, data scientists, FinTech security specialists, or financial quantitative analysts.

The programme also offers elective modules that cover deep computing and finance expertise to help prepare graduates for future challenges in FinTech.

Students will undertake a two-semester long capstone project which is designed to help them pick up in-depth skills and knowledge in a focused area – such as artificial intelligence, machine learning or data analytics – via experiential learning. Students can choose either an academic research project, or a FinTech internship to gain industry work experience that supports the acquisition of practical work skills and self-directed learning.

Please visit here for more information on the Masters programme.

PhD in Digital Financial Technology

The PhD in Digital Financial Technology programme will be hosted jointly by the NUS Graduate School and AIDF. The programme will admit talented students with computing, finance, or STEM background, and it aims to train graduates who can excel with a strong technical foundation and independent research ability for driving financial innovations in academia as well as in FinTech industries.

As this is currently the only FinTech PhD programme in Singapore, graduates of this programme will be uniquely suited to work in the FinTech industry especially in fields where research projects require advanced quantitative techniques. Graduates may also become trainers in educational institutions to groom qualified FinTech manpower for Singapore and beyond.

Please visit here for more information on the PhD programme.

Applications to the new Masters and PhD programmes are now open and interested students should submit their applications before 15 April 2021.

Fintechnews.sg, 5 April 2021

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India Education Diary, 2 April 2021

Finextra, 1 April 2021

NUS News, 1 April 2021