Our Programmes

Explore an exciting array of specialisations and programmes offered by the Finance Division, spanning undergraduate, master's, and doctoral levels.

In the Bachelor of Business programme, our Division offers four specialisations: Finance, Actuarial Data Science, International Trading, and Risk Analytics. Among these, Finance is the most popular undergraduate specialisation in the School. This programme is recognized as both a CFA Programme Partner and a CAIA Academic Partner. The Actuarial Data Science programme stands out as the only one in Singapore accredited by the Institute and Faculty of Actuaries (IFoA) in the UK, and the only programme recognized as a Centre of Actuarial Excellence by the US-based Society of Actuaries (SOA). In addition, the Division offers the Bachelor of Applied Computing in Finance, a unique joint degree developed in collaboration with the College of Computing & Data Science (CCDS).

Our Division also offers three leading master’s programmes in finance, each designed to meet the evolving needs of professionals in the financial sector. The Master of Science in Finance (MSF), offered in both English and Chinese, is tailored for early- and mid-career executives seeking to excel in Asia’s fast-growing and competitive finance industry. The Master of Science in Financial Engineering (MFE) is a rigorous programme delivered in collaboration with Carnegie Mellon University, to prepare students for roles in quantitative asset management, structured products, quantitative research, and risk management. The Master of Science in Asset and Wealth Management (MAWM), developed jointly with the Wealth Management Institute (WMI), features a curriculum aligned with the Institute of Banking and Finance (IBF) skills frameworks. Combining WMI’s strong industry connections and NTU’s academic excellence and top-ranked global reputation, the MAWM is a premier choice for training wealth management professionals.

Finally, NBS offers a PhD programme with a specialisation in Finance. Our doctoral students receive rigorous academic training and work closely with our faculty, equipping them for placement at top research-oriented institutions.

The faculty in the Finance Division head a number of research institutes and centres that extend their activities across finance, technology, sustainability, insurance, and international trading. These include the Global Institute of Finance, Technology, and Society (GIFTS), which advances research and education at the intersection of finance and technology; a soon to be launched Institute for Business Impact, which focuses on impactful business research and engagement; the Carbon Markets Academy of Singapore (CMAS) and Centre for Sustainable Finance Innovation (CSFI), which support research, education and industry engagement in carbon markets and sustainable finance; the Centre of Excellence International Trading (CEIT), which connects academic expertise with Singapore’s international trading sector; and the Insurance Risk and Finance Research Centre (IRFRC), which promotes research and industry collaboration in insurance, risk management and actuarial finance. Collectively, these institutes and centres provide important platforms for Finance faculty to engage in interdisciplinary research, industry partnerships, executive and professional education, and broader societal impact.

List of Institutes and Centres

Global Institute of Finance, Technology, and Society (GIFTS)
Founding Director: Prof Lin William CONG
Assistant Director (Academic Programmes): Asst Prof WANG Xin

A soon to be launched Institute for Business Impact
Founding Director: Prof Hao LIANG

Carbon Markets Academy of Singapore (CMAS)
Director: Assoc Prof (Practice) Daniel LEE

Centre for Sustainable Finance Innovation (CSFI)
Director: Prof Chang Xin, Simba
Co-Director: Assoc Prof (Practice) Deng XIN, Cindy
Co-Director: Assoc Prof (Practice) Matthew DEARTH

Centre of Excellence in International Trading (CEIT)
Director: Assoc Prof (Practice) LEE Boon Keng
Associate Director: Edmund KOO

Insurance Risk and Finance Research Centre (IRFRC)
Co-Directors: Assoc Prof Shinichi KAMIYA and Assoc Prof ZHU Wenjun

What’s New in the Finance Curriculum

The Finance industry is changing rapidly, and so is our curriculum. The Finance Division continues to introduce new courses, industry partnerships, and learning opportunities to prepare NBS students for a world increasingly shaped by AI, data, digital assets and evolving financial markets.

New/Revamped Courses at the Undergraduate Level

A number of new and refreshed courses are being introduced from AY2026-27:

• BF2230 Modern Banking – explores how banking is evolving in a rapidly changing financial and technological landscape.
• BF3123 Machine Learning in Finance – introduces machine learning techniques and their applications in modern finance.
• BF3124 Digital Assets in Finance – developed in partnership with Schroders, combining academic foundations with insights from industry practitioners.
• BF3229 Generative AI in Finance – examines how generative AI is being used across the finance industry.
• BA2215 Vibe Coding for Algorithmic Trading – introduces AI-powered approaches to coding and algorithmic trading, taught by an industry expert.
• BF3225 Mergers, Acquisitions and Corporate Restructurings – an engaging case-based course that develops students’ understanding of major corporate transactions.
• BR2210 Futures, Options, and Financial Markets – a revamped course covering derivatives, financial markets and risk management.
• BR2211 Financial and Risk Analytics I – enhanced with industry-grade data, AI-augmented analytics and opportunities to work on real industry problems with industry partners.

Finance Workshops: Preparing for Careers

The Division is also introducing a new series of Undergraduate Finance Workshop courses designed to complement students’ academic training with deeper exposure to the finance industry.

• AB5201 Finance Workshop I: Insights into Financial Careers helps students explore the wide range of careers available in finance and hear directly from industry professionals.

This is followed by two more specialised workshops:

• AB5202 Finance Workshop II: Corporate Finance & Advisory focuses on the knowledge and skills required for careers in areas such as investment banking, corporate finance and advisory.
• AB5203 Finance Workshop II: Global Markets & Investment Management focuses on careers and skills in financial markets, asset management and investment management.

New Undergraduate Tracks

The International Trading Programme: Digital Application Track is another major new initiative. Developed in consultation with Enterprise Singapore and industry partners, the track prepares students for careers at the intersection of international trading, technology and data-driven decision-making.
Many courses will involve industry practitioners, providing students with direct exposure to current industry practices. Full scholarships will also be available to qualifying students through the Centre of Excellence in International Trading (CEIT).

The new Market Intelligence Hub

In 2026, a new Market Intelligence Hub has been launched at Level 1 of Wee Cho Yaw Plaza, providing the NBS community with much easier access to Bloomberg terminals and professional financial data and analytics.

More to Come

We will continue to refresh our curriculum and expand opportunities for industry-partnered learning, ensuring that our students are well prepared for the changing world of finance.