Fintech is a new and multidisciplinary industry where information technology, mathematics, statistics, financial innovation, law and supervision are integrated. While creating new businesses and technologies for the rapidly changing world, it brings revolutionary impact to traditional financial and non-financial services, including the industries of supply chain management, logistics, and tourism industries. In order to meet the development trend in the Guangdong-Hong Kong-Macao Greater Bay Area and cultivate local diverse talents, the Faculty of Science and Technology (FST) of the University of Macau (UM) will launch its first Master of Science in Financial Technology (FinTech) programme in the academic year 2021-2022. The program aims to develop Fintech leaders with comprehensive knowledge about structure and technology in Macao and Greater Bay Area. The program lasts for 2 years and student is required to complete 30 credits, project reports or internship reports. There are a total of 25 admissions places for this year, undergraduates or people who are interested in the financial technology industry are welcome for application.
The new program covers a wide range of fields, including Artificial Intelligence, Blockchain, Digital Currency and Electronic Payment, Big Data Processing and Analysis, Portfolio Management, Quantitative Trading and High-Frequency Trading, Financial Risk Management, Legal Supervision, etc. It offers various directions for students with different interests. Students with engineering or scientific backgrounds can take elective courses in Economics and Finance to achieve more comprehensive understanding of Finance. Program is taught by professors from the FST, Faculty of Law, Faculty of Business Administration, together with the financial technology professionals within the industry. On the other hand, in order to enable students to participate in cutting-edge technology and application development, the program will provide students with internship opportunities in large-scale multinational financial technology companies, such as Tencent, Ant Group, and WeBank. At the same time, UM has established partnerships with leading universities such as Tsinghua University and Zhejiang University. The program will provide opportunities for exchanges and joint research. Extracurricular activities such as salons, roundtable forums, and dialogues with senior industry professionals will be held regularly to enhance students’ soft power.
Professor Jerome Yen, a Distinguished Professor from the Department of Computer and Information Science of FST and the Director of the Centre for Innovation and Entrepreneurship says, “Fintech is an emerging trend of financial services. Consumers can pay online, or download app to use financial services anytime, anywhere. It undoubtedly promotes the development and innovation of various industries. In the future, Macau and the Greater Bay Area will have an increasing demand for financial technology talents, in the industry of finance, entertainment and tourism. The curriculum of this program is also suitable for students with different backgrounds, which can help them to understand the potential impact of financial technology on the economic development of Macau and the Greater Bay Area, know about the future trends and build up the necessary knowledge and skills.”
As the only international comprehensive public university in Macao, UM will cooperate with the national strategy in promoting the development of Guangdong-Hong Kong-Macao Greater Bay Area and diversification of local economy. More professionals will be developed to support the growth of new digital financial technology through this new program, so as to cope with the emerging digital economy era and lead the new development of technological innovation in Macao.
Application period: Until 31 March 2021
Click here to apply: https://grs.um.edu.mo/index.php/prospective-students/master-postgraduate-certificate-diploma-programmes/