MSc in FinTech

A Brief Intro
Motivation
 Scope of FinTech: ABCD as defined by WeBank or BASIC as defined
by AntFinance.
 FinTech is very important in supporting Macau Economy
Diversification and Financial Innovation
 In Macau, the demand for such FinTech talents is estimated to be 200 -
300 annually from financial sector, entertainment, tourism, logistics,
government, etc.
 According to a 2018 report by the Monetary Authority of Singapore
(MAS), 7,800 jobs were added to the FinTech and financial sector in
Singapore alone, with FinTech alone contributing close to 2,000 jobs.  
 Leaders in financial sectors in the leading banks also indicated that they
have urgent and huge demand for such talents in the Greater Bay Area.
FinTech programs at top
universities
 Increasing FinTech programs are offered by the world’s leading
universities.
 Biggest demand is on those equipped with “artificial
intelligence, machine learning, blockchain, and big data
analysis”
 The best-paid graduates are those with the mixture of IT skills,
such as Python, Big Data, and AI, Financial Innovation (ability
to create new financial products or services), as well as Legal
and Compliance Issues. 
 A huge gap in the supply and demand, especially those who
have the skill sets in system development.
FinTech programs at top universities

 MSc in FinTech programs at top universities:

 MSc in Financial Technology, HKUST.
 MSc in Financial Technology, CUHK.
 MSc in Finance, Technology & Policy, University of
Edinburgh.
 MSc in Financial Technology, Imperial College
London.
 MSc in FinTech Programme, Nanyang Technological
University.
Program Features
 Balanced curriculum to cover wide spectrum of knowledge in
financial innovation, technologies, analytical modeling, as well as
legal and compliance issues.
 Flexible curriculum to fit students with different background and
expectations.
 Teaching conducted are supported by practitioners.
 Certain internship opportunities will be provided by leading FinTech
companies like Tencent.
 Salons, roundtable fobrums, celebrity dialogues, and other
extracurricular and networking activities are regularly organized to
enhance soft skills and network development.
Curriculum of UM’s MSc in FinTech
Students are required to complete a total of 30 credits comprising core
courses, electives, and a report expected to finish in 2 years.

Core Courses Report

   

3 courses, 9 credits Project/Intern Report

  (Select either Project or Intern
Report)
1.Introduction to FinTech (New)
Project Report (6 credits)
2.Electronic Payment Systems
Intern Report (3 credits) #
3.DataMining and Decision Support
Systems

 
 
Programme curriculum (Study
plan)
  Type Total Credits
Lecture
Hours
1st Academic Year
1st Semester
Introduction to FinTech (New) Compulsory 3 3

Electronic Payment Systems Compulsory 3 3

Select 1st Required Elective from Required Elective 3 3

Table I
Select 1st Required Elective from Required Elective 3 3
Table II
Total 12
Programme curriculum (Study
plan)
1st Academic Year
2nd Semester
CISC7107 Data Mining and Compulsory 3 3
Decision Support Systems

Select 2nd Required Elective Required Elective 3 3

from Table I
Select 2nd Required Elective Required Elective 3 3
from Table II
Select 3rd Required Elective Required Elective 3 3
from Table II
       
Total 12
 
2nd Academic Year
1st Semester (Select either a Project Report or an Intern Report)
Programme curriculum (Study
plan)
Project Report Compulsory 6 6

OR

Intern Report+ Compulsory 3 3

Select 4th Required Elective Required Elective 3 3

from Table II

Total 6

Grand Total 30
MSc- FinTech
Path One – Project Report
CISC7301 Introduction to Financial Technologies (FinTech) 3 credits
CISC7110 Electronic Payment Systems 3 credits

CISC7107 Data Mining and Decision Support System

3 credits
CISC7999 Academic Thesis 6 credits
2 Required Elective Courses from Table I (LEF) 6 credits

3 Required Elective Courses from Table II (FST) 9 credits

Total Credits: 30
 
MSc- FinTech
Path Two - Internship
CISC7301 Introduction to Financial Technologies (FinTech) 3 credits
CISC7110 Electronic Payment Systems 3 credits

CISC7107 Data Mining and Decision Support System

3 credits
CISC7397 Internship and Report 3 credits
2 Required Elective Courses from Table I (LEF) 6 credits

4 Required Elective Courses from Table II (FST) 12 credits

Total Credits: 30
Table I: Required Elective Courses from
Financial, Economics, Accounting

BECO7010 Statistics and Financial Economics 3 credits

CISC7112 Legal Issues of IT and E-Commerce 3 credits
FINC7010 Corporate Finance 3 credits
FINC7024 Investments and Portfolio Management 3 credits
FINC7057 Financial Risk Management 3 credits
 
Table II: Required Elective Courses from
Information Technologies
CISC7004 Current Development in Database 3 credits
CISC7013 Principles of Artificial Intelligence3 credits
CISC7021 Applied Natural Language Processing 3 credits
CISC7022 Big Data Processing and Analysis 3 credits
CISC7101 Information Systems Development Methodologies 3 credits
CISC7106 Data Warehousing 3 credits
CISC7109 Internet Security and Cryptography 3 credits
CISC7111 Smart Card Technology and Applications 3 credits
CISC7116 Fundamentals of Business Process Management 3
CISC7302 Algo Trading and High Frequency Trading 3
CISC7303 Cloud Computing 3
 
Thank you so much
Prepared by
Prof. Jerome Yen
Prof. Yain Whar Lawrence Si