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National University of Singapore

Singapore , Singapore ,Singapore

MSc in Digital Financial Technology

The National University of Singapore (NUS) Master of Science in Digital Financial Technology (MSc DFinTech) is jointly offered by the Asian Institute of Digital Finance (AIDF), NUS School of Computing and NUS Business School.

Financial technology (abbreviated as FinTech) refers to a broad spectrum of technologies and innovations that are being used to improve and automate the delivery of financial services. The FinTech industry has grown explosively in the last decade, with the advances being made in cloud computing, data analytics and artificial intelligence (AI).

To meet surging demand for high quality FinTech talent in Singapore and globally, this new flagship graduate programme in FinTech is designed to help students build a strong foundation in computing and finance, and features a range of elective modules organised along three tracks: Computing Technologies, Financial Data Analytics and Intelligence, and Digital Financial Transactions and Risk Management.

The programme is intended primarily to help prepare graduates for challenging but rewarding careers as AI software developers, data scientists, FinTech security specialists, financial quantitative analysts and other similar professions in financial institutions or FinTech firms.

Why This Programme?

  • Build a solid foundation in FinTech with a programme backed by NUS School of Computing and the NUS Business School, both of which are ranked among the best schools in their subject areas1.
  • Optimise learning with a customisable curriculum; choose electives according to one of three tracks or based on personalised needs, and decide which capstone project option is a better fit—an academic research project conducted under the supervision of our accomplished faculty, or an internship with a FinTech company to gain practical industry experience.
  • Prepare for a career in the fast-growing FinTech sector such as a Blockchain Developer, Financial Analyst or FinTech Product Specialist.

Intakes

  • Jan
  • Aug

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Executive Positions (R&G)
Teaching Positions (R&G)
Research Positions (R&G)
Academic and Research Positions
Executive & Administrative Positions
Associate Management Programme

PSW Opportunity

  • The International Students studying in certain institutions in Singapore are allowed to work part time for 16 hours per week as mentioned on the Ministry of Manpower website of Singapore.
  • Students who have studied in the institutions mentioned on the Ministry of Manpower website of Singapore are allowed to apply for a Long Term Visitor Pass.
  • They are allowed to look for a job during this time period.This is for 12 months.If the students get a job during this time period, the employer may sponsor for an Employment pass.

Admission Requirement / Eligibility Criteria

Admission to the NUS MSc in DFinTech programme is granted on a competitive basis as places in the programme are limited. Applicants should possess the following minimum requirements:
 
Academic
  • Bachelor's Degree in Computing, or
  • Bachelor's Degree in a related discipline (such as Science, Technology, Engineering, and Mathematics (STEM), Finance, Economics or Business)
Note: Candidates with academic qualifications other than the above may be considered on a case-by-case basis, subject to approval by the department
 
Skill/Experience
  • Python programming knowledge and/or learning in advanced quantitative subjects
  • For holders of Bachelor’s Degrees in related disciplines (see above), two years of Fintech or information technology (IT) industry experience
 
English Language
Applicants whose native tongue and medium of university instruction is not completely in English:
 
  • Test of English as a Foreign Language (TOEFL) minimum score of 90 (Internet-based), or
  • International English Language Testing System (IELTS) minimum Academic score 6.0
Note: TOEFL / IELTS scores are valid for two years from the test date and should not have expired at point of application. Expired scores will not be considered for the application.
 
Other
International applicants*:
 
  • Graduate Record Examinations (GRE) minimum scores of 320 (Verbal Reasoning and Quantitative Reasoning) and 3.5 (Analytical Writing), or
  • Graduate Management Admission Test (GMAT) minimum score of 650, or
  • Graduate Aptitude Test in Engineering (GATE) scores for graduates from Indian universities.
  • * GRE/GMAT/GATE preferred, but not required.
Candidates may be required to sit for other tests as prescribed by the School.
 
Note: GRE scores are valid for five years from the test date and should not have expired at point of application. Expired scores will not be considered for the application.