Program start date | Application deadline |
2024-06-05 | - |
2024-09-01 | - |
Program Overview
The MSc Financial Technology and Innovation program at Bayes Business School equips students with the knowledge and skills to shape the future of finance and banking. It offers an interdisciplinary curriculum in finance, technology, law, coding, and data science, preparing graduates for careers in digital finance, regulation, and more. The program features industry partnerships, guest speakers, and a hands-on learning environment, ensuring students are ready to apply their knowledge to practical problems immediately.
Program Outline
MSc Financial Technology and Innovation at Bayes Business School
Degree Overview:
- Aims to equip students with the cutting-edge knowledge and skills required to shape the future of finance and banking.
- Offers an inter-disciplinary learning environment with core modules in finance, technology, law, coding, and data science.
- Prepares graduates for a wide range of careers in finance, equipped with expertise in digital finance, regulation, and more.
- Delivers both a solid theoretical foundation and the ability to apply knowledge to practical problems immediately.
Key Objectives:
- Contrast traditional institutional processes and market infrastructure with emerging, IT-intensive solutions for finance and banking.
- Offer state-of-the-art academic knowledge in data science and its application to problems in finance and banking.
- Provide an appreciation of the legal and regulatory context within which fintech innovation and adoption take place.
- Impart practical knowledge of designing financial services by applying principles of information systems management and requirements engineering.
Outline:
- Pre-study modules: Focus on building mathematical and statistical skills, introducing coding in Python.
- Course content:
- Term 1:
- Financial markets and financial intermediation: Understanding the workings of modern financial markets and the banking industry.
- Foundations of Fintech: History, development, and ecosystem of Open Banking and FinTech; relationship with financial institutions.
- Foundations of Data Science: Theoretical foundations and practical skills for data science methods in financial markets and the industry.
- Innovation, entrepreneurship, and financial technology: Understanding the business implications of adopting or competing with a digital business model.
- Term 2:
- Regulatory Compliance, Ethics, Social Values: Legal and ethical issues relating to information and data.
- Digital money and banking: Understanding the advancements in the monetary landscape, including digital money and cryptocurrencies.
- Data Analytics for Fintech: Using AI and ML technologies for big data analytics and classification/prediction problems in the financial industry.
- Decentralised finance and blockchain applications: Exploring how blockchains work and their potential applications in solving financial problems.
- Term 3:
- Industry project: Supervised industry-led research on a contemporary business or finance topic.
- Elective modules: (list subject to change)
- Sustainable Finance with ESG
- Data Management Systems
- Financial Crime
- Ethics Society and the Financial Sector
- Field trip and study – international exposure
- Mergers and Acquisitions
- Trading and Hedging in the FOREX Market
- Investment Strategy
- Hedge Funds
- Foreign Exchange
- Events and guest lectures from professionals/alumni in the FinTech industry.
Assessment:
- Coursework
- Tests
- Individual presentations
- Group projects
Teaching:
- Delivered by experienced academics with industry expertise.
- Focuses on a hands-on learning environment with practical applications.
- Utilizes industry partnerships and guest speakers to provide real-world insights.
Careers:
- Potential careers include:
- Business analyst
- Innovation manager/service innovation specialist
- Investment manager
- Data analyst
- Quantitative researcher
- FinTech startup founder
- Technology or consulting firm specialist in banking and finance
Other:
- Program duration: 12 months
- Attendance mode: Full-time
- Fees: £31,500 (information on scholarships, sponsorships, and other funding available)
- Location: Bunhill Row, London
- Start date: September 2024
- Application deadline: Rolling admissions
- Located in the heart of London, offering access to the city's financial and fintech scene.
- Prepares graduates for a variety of career opportunities in the evolving field of finance and technology.
Please note:
- The information provided is based on the context and may not be completely accurate or up-to-date.
- For the most current and detailed information, please refer to the official Bayes Business School website.
Tuition fees are subject to annual change. UK/Home/International fee September 2024 entry £31,500 Tuition fees are subject to annual change. Deposit: £2,000 (usually paid within 1 month of receiving offer and non-refundable unless conditions of offer are not met).First installment: Half fees less deposit (payable during on-line registration which should be completed at least 5 days before the start of the induction period).Second installment: Half fees (paid in January following start of course).
City University of London
Overview:
City, University of London is a public research university located in London, England. It is known for its focus on business, practice, and the professions, offering a wide range of undergraduate and postgraduate programs. The university is renowned for its strong academic reputation and its commitment to providing students with a high-quality learning experience.
Services Offered:
City University of London provides a comprehensive range of services to its students, including:
Library Services:
Access to extensive library resources, including books, journals, databases, and online resources.Moodle:
An online learning platform for accessing course materials, submitting assignments, and communicating with instructors.Email:
A university-provided email account for official communication.Staff Directory:
A searchable directory of staff members and their contact information.Term Dates:
Information on the academic year and term dates.Room Booking:
A system for booking rooms on campus for meetings, events, and other purposes.Schools and Departments:
Information on the various schools and departments within the university.Student Life and Campus Experience:
City University of London offers a vibrant and diverse student experience, with a strong emphasis on:
London Experience:
The university's location in London provides students with access to a wide range of cultural, social, and professional opportunities.Sports:
A variety of sports clubs and facilities are available for students to participate in, both competitively and non-competitively.Social Activities and Groups:
Numerous student societies and groups cater to diverse interests, providing opportunities for social interaction and personal development.Student Wellbeing:
The university offers a range of support services to ensure students' health and wellbeing, including learning support, personal tutoring, and counseling.Career Development:
The university provides career guidance and support services to help students prepare for their future careers.Key Reasons to Study There:
Strong Academic Reputation:
City University of London is consistently ranked highly in national and international rankings.Focus on Business, Practice, and the Professions:
The university's programs are designed to provide students with the skills and knowledge they need to succeed in their chosen careers.Location in London:
The university's location in the heart of London provides students with access to a wealth of opportunities.Vibrant Student Life:
City University of London offers a diverse and engaging student experience.Excellent Career Support:
The university provides comprehensive career guidance and support services.Academic Programs:
City University of London offers a wide range of academic programs across various disciplines, including:
Business and Management:
Bayes Business School is renowned for its programs in finance, accounting, marketing, and entrepreneurship.Law:
The City Law School is a leading institution for legal education, offering programs in law, international law, and legal practice.Health and Psychological Sciences:
The School of Health & Psychological Sciences offers programs in nursing, midwifery, psychology, and other health-related fields.Science and Technology:
The School of Science & Technology offers programs in computer science, engineering, mathematics, and other STEM fields.Communication and Creativity:
The School of Communication & Creativity offers programs in journalism, media, performing arts, and language studies.Other:
Merger with St George's:
City University of London has merged with St George's, University of London, forming a new institution called City St George's, University of London.Awards and Accreditations:
The university has received numerous awards and accreditations for its teaching, research, and commitment to equality and diversity.Global City:
City University of London is a global institution with a strong international presence.University of London:
City University of London is a member of the University of London, a federation of 18 independent colleges and institutes.Entry Requirements:
UK/Home/International Students:
A UK upper second-class degree or above, or the equivalent from an overseas institution, in a quantitative program such as finance, economics, accounting, statistics, mathematics, physics, engineering, or computer science.
Work Experience:
Work experience is not a requirement for this course. However, significant relevant work experience can enhance your application.
English Language Requirements:
), you will need to provide the results of an approved English language test.
Full list of approved English language tests/qualifications and minimum requirements:
https://www.city.ac.uk/courses/postgraduate/financial-technology-and-innovation-msc/entry-requirements
Language Proficiency Requirements:
English Language Proficiency Requirements for applicants with English as a second language:
IELTS Academic:
overall score of 7.0, with no individual component below 6.5
TOEFL iBT:
100 overall, with a minimum of 23 in each section
PTE Academic:
69 overall, with a minimum of 59 in each section
Alternative qualifications:
- Cambridge Certificate in Advanced English (CAE) grade C
- Trinity College London Integrated Skills in English (ISE) III Level 3 (B2)
- University of London International Foundation Programme (IFP) with a minimum average of 70%
For applicants with English as their first language:
You are not required to provide evidence of your English language proficiency.