MBA Master of Business Administration
Durham University's MBA Master of Business Administration program is designed to eq...
MSc Finance (Financial Technology and Banking)
Durham city-Durham University
INTAKE: September
Program Overview
Durham University's MSc Finance (Financial Technology and Banking) course is a specialized postgraduate program designed to provide students with in-depth knowledge and skills in the field of finance, with a particular focus on financial technology (FinTech) and banking. This course combines the study of traditional finance concepts with emerging trends and technologies in the financial industry.
-
Program Structure: The MSc Finance (Financial Technology and Banking) course is typically a one-year full-time program. It consists of a series of core modules and elective modules, allowing students to tailor their studies according to their interests and career goals. The course covers a wide range of topics related to finance, technology, banking, and the intersection of these fields.
-
FinTech and Banking Focus: The course places a strong emphasis on the application of technology in the finance and banking sectors. Students explore various aspects of FinTech, including blockchain technology, artificial intelligence, data analytics, digital currencies, and financial innovation. They also gain insights into the banking industry, its challenges, and the role of technology in transforming traditional banking practices.
-
Core Finance Concepts: While focusing on FinTech and banking, the course also covers core finance concepts to ensure students have a solid foundation in finance principles. Topics such as corporate finance, financial markets and instruments, investment analysis, risk management, and portfolio management are included to provide a comprehensive understanding of finance.
-
Industry-Relevant Skills: The MSc Finance (Financial Technology and Banking) course aims to develop practical skills that are highly valued by employers in the finance industry. Students acquire skills in financial analysis, risk assessment, financial modeling, data analysis, and financial technology implementation. They also develop critical thinking, problem-solving, and communication skills necessary for a successful career in finance.
-
Technology Integration: The course explores how technology is transforming the finance and banking sectors and how financial institutions are adopting innovative solutions. Students gain insights into emerging technologies and their impact on financial services, such as robo-advisory, peer-to-peer lending, mobile banking, and algorithmic trading. They learn how to leverage technology to improve financial decision-making, enhance customer experiences, and address industry challenges.
-
Industry Collaboration: Durham University maintains strong connections with industry partners, which provides students with opportunities for industry collaboration and engagement. Guest lectures, workshops, and networking events involving professionals from the finance and technology sectors are organized to enhance students' understanding of real-world applications and industry trends.
-
Research and Dissertation: As part of the course, students typically undertake a research project or dissertation, allowing them to explore a specific area of interest within the realm of FinTech and banking. This provides an opportunity for in-depth research and the application of theoretical knowledge to real-world challenges in the finance industry.
Location
Durham city-Durham University
Score
IELTS: 6.5
Tuition Fee
£ 31500
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% to 70% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.
- TOEFL: A minimum overall score of 92, with at least 23 in Listening, Reading, Speaking, and Writing.
- PTE Academic: A minimum overall score of 62 with no individual score below 59.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.
Durham University offers a range of scholarships and bursaries to both domestic and international students.
- Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.
- Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.
- Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.
- College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.
- Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries.
- Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.
Durham University in the UK offers an MSc Finance (Financial Technology and Banking) program that combines the study of finance with a focus on emerging financial technologies and their impact on the banking industry. This program prepares students for rewarding careers in the rapidly evolving field of financial technology (FinTech) and banking.
-
FinTech Specialist: Graduates of the program can pursue careers as FinTech specialists, working for financial institutions, technology companies, or start-ups. They will have the expertise to develop and implement innovative financial solutions using technologies such as blockchain, artificial intelligence, and data analytics.
-
Banking and Financial Services: Graduates can enter the banking and financial services industry, working for banks, investment firms, or insurance companies. They can take on roles in areas such as digital banking, financial product development, risk management, or compliance, leveraging their knowledge of FinTech and its applications.
-
Financial Analysis and Consulting: The program equips graduates with strong analytical and problem-solving skills, making them well-suited for roles in financial analysis and consulting. They can work for consulting firms, advising clients on FinTech strategies, regulatory compliance, or risk assessment.
-
Risk Management: Graduates can specialize in risk management, working for financial institutions or consultancy firms. They can help identify and mitigate risks associated with new technologies, cybersecurity, regulatory changes, or data privacy, ensuring the stability and security of financial systems.
-
Investment and Portfolio Management: Graduates can pursue careers in investment and portfolio management, working for asset management firms or investment banks. They will have the skills to analyze financial data, assess investment opportunities, and develop investment strategies that incorporate FinTech tools and techniques.
-
Financial Regulation and Compliance: The program provides graduates with an understanding of the regulatory landscape in the financial industry. They can work in roles related to financial regulation and compliance, ensuring that financial institutions adhere to industry standards and regulatory requirements in the context of emerging technologies.
-
Entrepreneurship and Start-ups: Graduates with a passion for entrepreneurship can start their own FinTech ventures or join start-up companies in the financial technology space. They can apply their knowledge of FinTech and banking to create innovative solutions, disrupt traditional financial models, and drive industry transformation.
-
Data Analysis and Data Science: The program equips graduates with skills in data analysis and data science, which are highly valuable in the finance industry. They can work as data analysts, data scientists, or quantitative analysts, using data-driven insights to inform decision-making, risk assessment, and financial modeling.
-
Regulatory Technology (RegTech): Graduates can explore opportunities in the emerging field of regulatory technology (RegTech). They can work for companies that develop technological solutions to help financial institutions comply with regulatory requirements more efficiently and effectively.
-
International Careers: The knowledge and skills gained from the program can open doors to international career opportunities. Graduates can work in global financial hubs such as London, New York, Singapore, or Hong Kong, where FinTech is rapidly growing and shaping the future of the financial industry.
