About This Program

The MSc in Financial Technology and Systems will help you to develop technical and analytical skills that are needed to support the next generation open banking platform design, risk assessment, implementation, and commercialisation. This MSc is the only course whereby students are provided in-depth technical knowledge about the building blocks of fintech at a system level.

Benefits of the Course:

This programme is delivered in partnership with academics from Bayes Business School and gives a first-hand experience on using the Bloomberg Trading Terminals whereby student teams compete with an allocated capital to invest in crypto stocks.

In addition the programme allows you to work closely with some of the fintech organisations such as the Lloyds Banking Group, Allica Bank, Thirdfort, EarthID, MoneyHop and many others to co-create an innovative fintech product that will be disruptive in the marketplace.

There is an optional experience to work with one of the fintech players in the UK or elsewhere. Interested students will share their CV with the Corporate Relations and Employability Unit (CREU) who will liaise with the prospective fintech partner to identify the suitable candidate based on the skills / talent requirements of the organisation.

This course will prepare you with knowledge and expertise in the following areas:

  • Will provide you with a good understanding of the basic design principles of the fintech systems
  • Help you to design systems that are ethical and comply with regulatory requirements
  • Will aid you with the skills needed to develop a product from the ideation stage to prototype
  • Will give you exposure to real-world practical problems in the fintech industry
  • Will give you sound knowledge in the cyber security and risk assessment principles that are needed for the fintech
  • industry
  • Will provide you with the knowledge and understanding and banking and finance relevant to open banking.
  • Award
  • You can select to apply for one of the available exit points for this course

Master of Science (MSc)

Modules

Duration: Full-time: 1 year

Most of the 15 credit bearing modules will be delivered over a 10-week period with two hours lectures and one hour tutorial. The 30-credit module will be run over two terms over 20 weeks consisting of lectures, group work, an investment pitch and a product business plan. There is a ‘0’ credit introductory module that will be delivered online before the start of the course which will provide the necessary background in accounting and finance.

  • Introductory module - Finance and Accounting: fundamentals

This is a compulsory, zero-credit pre-course module for the Fintech MSc programmes which is defined to provide a primer in basic concepts in finance and accounting.

  • Foundations of Fintech (15 credits)

This module is concerned with the history, design, system development and ecosystem of open banking and Financial Technology. It analyses their relationship with financial institutions and the transformation of the global financial system and business.

  • Big Data in Finance (15 credits)

This module provides an introduction to the fundamental concepts of Big Data Analytics.

  • Cyber Security, Resilience and Fraud (15 credits)

This module presents the fundamentals for cyber security from a strategic perspective, giving you the appropriate knowledge and skills to discuss, communicate with and function in technical and non-technical roles within organisations.

  • Regulatory Compliance, Ethics, Social Values (15 credits)

This module provides an overview of legal and ethical issues relating to the creation, dissemination, organisation and use of information, documents, and data.

  • Digital Innovation and Fintech Start-Up (30 credits)

This module provides you with an in-depth introduction to the key themes of entrepreneurship and how to create an enterprise.

  • Financial Markets and Financial Intermediation (15 credits)

This module aims to provide you with an understanding of the workings of modern financial markets and the banking industry.

  • Systems Risk Management (15 credits)

This module has been designed to give you a firm grounding in the theory and practice of risk management in the financial services.

  • Individual Project (60 credits)

This dissertation forms a major part of the work during the year and provides you with the opportunity to develop your ability to work independently, making your own contribution to the subject area and drawing conclusions therefrom.

Teaching and Assessment

The course will be taught across two terms with a final individual dissertation in term 3.

  • There will be coursework, problem-based learning where students will be expected to collect data and validate through various techniques.
  • There will be written essays where you will be expected to critically argue theoretical concepts learned in the lecture.
  • There will be laboratory exercises where you will have the opportunity to get hands-on skills on cyber security tools and methodologies.
  • The taught modules will be assessed through written unseen examination.
  • There will be a group project which will run across both the terms for a duration of 20 weeks where you will build a new innovative product or enhance the features of an existing project.

Career Opportunity in UK

The course will be taught across two terms with a final individual dissertation in term 3.

There are 75,000 new jobs created by the fintech industry in the UK, which is expected to reach 105,000 by 2025. This course is designed to prepare both graduates and professional to develop their careers in open banking.

Students who graduate from this course are expected to work as:

  • System analysts
  • Cyber Security experts in the financial services sector
  • Product designer
  • Fintech platform manager
  • Fintech product owner
  • Fintech data scientist
  • Regulatory and compliance manager
  • Fintech systems architect
  • Business systems analyst
  • Lead fintech systems Engineer
  • Risk manager
  • System Analyst / Technical business analyst

Technical Requirement:

The equivalents provided are intended as a guide only and individual applications are assessed on a case-by-case basis.

Depending on the awarding institution Indian 3 year Bachelor (Honours) or Bachelor (Special) degrees are typically accepted with 60 to 70% (7/10 to 8/10) equivalent to a UK 2:1 (second-class upper) Honours Bachelor degree and 50 to 60% (6/10 to 7/10) equivalent to a UK 2:2 (second-class lower) Honours Bachelor degree.

English Language Requirement

If you are an applicant whose first language is not English, the following qualifications are required:
IELTS: 6.5.

  • £ 25,000 YEAR
  • Duration 1 Year
  • Program Master of Science (MSc)
  • Industry IT Software
  • Location London (UK)
  • Intake September 2023
Apply Now
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