MSc in Financial Technology

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​Financial Technology (FinTech) is a cluster of emerging innovations that have the potential to revolutionise the finance industry, enhancing the productivity of financial firms through data science and cyber technologies. Global investment in FinTech has been so active in recent years that the Monetary Authority of Singapore has launched an initiative, the FinTech and Innovation Group, and pledged to spend S$225 million to develop the FinTech sector in Singapore.

Nanyang Technological University, Singapore (NTU Singapore) offers the Master of Science in FinTech hosted by the School of Physical and Mathematical Sciences. The curriculum is built on data science, artificial intelligence, and information technology, and provides students with the FinTech skills necessary to navigate the changing landscape of the finance industry. A strong emphasis is placed on the in-depth mastery of disruptive technologies in finance, including financial automation (e.g. robo-advisors) and financial cryptography (e.g. blockchain technology).

Click here for the MSc in Financial Technology programme brochure

 

The MSc in FinTech Programme is an intensive one-year full-time or two-year part-time programme by coursework, taught in 3 trimesters per academic year. The curriculum consists of two specialisations: Artificial Intelligence and Operations and Compliance. ​​The courses are delivered in intensive periods of 7 weeks (i.e., with each trimester split into two halves). All courses are conducted at the NTU main campus in the evenings of weekdays or Saturdays.

The programme consists of a total 33 Academic Units (AU), with 21 AU of compulsory modules, 6 AU from the chosen specialization's electives, and 6 AU from other electives:

Compulsory courses (21 AU)
Compulsory modules15 AU
Practicum (Internship or Project over 3 months)6 AU
Elective Courses (6+6 AU)
Prescribed Electives of the chosen specialisation6 AU
Unrestricted Electives6 AU
Total33 AU

The practicum module, MH6809, starts in Trimester 3 and comprises either a research-based project or a self-sourced internship where students work on a professional consulting project mentored by experienced instructors to solve financial problems. The internship companies our students previously involved with include GIC, Julius Baer, Lumiq, DBS, OCBC, Macquarie Bank, CIMB, Grab, etc.​

The requirements for graduation are:

  • ​​Successful completion of all requirements as prescribed by the programme of study; and
  • Attaining a minimum CGPA of 2.50 at the completion of the programme of study.​

Academic Calendar

Trimester 1
First half (7 weeks)
26 July – 12 September 2021
Second half (7 weeks)
13 September – 31 October 2021
Trimester 2
First half (7 weeks)1 November – 19 December 2021
Recess (2 weeks)20 December 2021 – 2 January 2022
Second half (7 weeks)3 January – 20 February 2022
Trimester 3
First half (7 weeks)21 February – 10 April 2022
Second half (7 weeks)11 April – 29 May 2022

Admission Requirements

  • A good Bachelor's Degree in a relevant programme (e.g. quantitative majors, business, etc.)
  • A good TOEFL score (92 or more) or IELTS score (6.5 or more) for graduates of universities in which English is not the medium of instruction
  • A good GMAT score or GRE score is preferred but not required
  • A minimum of two years of relevant working experience is preferred but not required

Applicants may upload their TOEFL, IELTS, GMAT or GRE score via the online application.

Application Procedure and Timeline

Application
Apply online here.
1 Nov 2020 to 31 Jan 2021
Offer and Acceptance
Acceptance and deposit payment must be completed within two weeks from offer.
Check application status here.
Jun 2021
Appeals can be made via emailJun 2021
MatriculationJul 2021
Course Commencement26 Jul 2021

Medical Check-Up

Enrolling students must undergo a medical check-up and obtain a receipt certifying that they are medically fit for studies. This certification must be presented prior to matriculation. Details about the check-up will be provided upon acceptance into the programme.

The programme fees for Academic Year 2021/22 are as follows:

Singapore CitizensS$35,000 + Prevailing GST
Singapore Permanent Residents / International StudentsS$55,000 + Prevailing GST

These fees are listed in Singapore dollars (S$) and not inclusive of the prevailing Goods and Services Tax (GST). Fees are reviewed annually and subject to revision.

This programme is not eligible for government subsidies, and the university currently has no scholarship, government service agreement, grant, or service obligation scheme available for students (however, please see the Financial Assistance section below). Tuition fees do not include the cost of recommended textbooks and other course materials. The costs of travel, accommodation and miscellaneous​ expenses are also not included and must be borne by the participant.

Instalment Schedule

Singapore Citizens

Deposit (non-refundable)
All students: Due upon acceptance of offer
S$5,000 + Prevailing GST
First Payment
All students: Due at the start of Year 1 Trimester 1
S$12,500 + Prevailing GST
Second Payment
Full-time students: Due at the start of Year 1 Trimester 2
Part-time students: Due at the start of Year 2 Trimester 1
S$17,500 + Prevailing GST

Singapore Permanent Residents / International Students

Deposit (non-refundable)
All students: Due upon acceptance of offer
S$5,000 + Prevailing GST
First Payment
All students: Due at the start of Year 1 Trimester 1
S$22,500 + Prevailing GST
Second Payment
Full-time students: Due at the start of Year 1 Trimester 2
Part-time students: Due at the start of Year 2 Trimester 1
S$27,500 + Prevailing GST

Successful international applicants must ensure that they have sufficient funds for the normal duration of the programme, after accepting the admission offer. Currently, the calculation of the required amount is based on $18,000 per year for living expenses, in addition to the tuition and miscellaneous student fees.

Financial Assistance

  • The Financial Specialist Scholarship (FSS) is offered by the Institute of Banking & Finance.

    Prospective Singaporean students applying for the MSc in FinTech are eligible for the Financial Specialist Scholarship (FSS), offered by the Institute of Banking & Finance. Note that the deadline for the FSS application is mid-May for company-track applicants and end of February for individual-track applicants.
    Click here for more information about the FSS.

  • The OCBC AI Scholarship is offered by the OCBC bank.

    This scholarship provides financial assistance to students of any nationality who are seeking or are currently pursuing the programme. Terms and conditions apply.
    Click here for more information about the scholarship.

Contact Us

For general enquiries, email mscfintech@ntu.edu.sg.

For technical enquiries, email the Programme Director, Asst Prof PUN Chi Seng