Whether you are a tech enthusiast or finance professional, a Masters degree in FinTech degree can arm you with the required skill set to thrive at this unique intersection. The duration of the degree is usually 1-2 years. It helps students understand the importance and power of leveraging technological advancements in the financial sector. However, things can get confusing if you are unaware of what, where, and how to begin. Luckily, we have come up with this comprehensive guide on Masters in FinTech, top universities, eligibility, and scope. Let’s dive right in.
Course Name | Masters in FinTech |
Duration | 1-2 years |
Average Fee Range | $20,000 – $53,760 |
Job Profiles | Blockchain Developer, Apps Developer, Financial Analyst, Product Manager, Compliance Expert |
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Why Study Masters in FinTech?
If you are ambiguous about whether a Masters degree in FinTech is a right choice for you, here are a bunch of reasons that can help you make the decision:
- This course can help students gain knowledge in the relevant dynamic field.
- Considering the rapid growth of the FinTech Software Devlopment Industry, there are plenty of job opportunities available for students.
- Students can explore different industries such as app development, product management, and cybersecurity analysis.
- Students can further assist in the digital revolution of financial systems globally.
Top Universities to Study Masters in Fintech
Here are the top universities for pursuing Masters in Fintech abroad:
University Name | Name of the Program | Course Duration |
Università della Svizzera italiana | Master in Financial Technology and Computing | 2 years |
University of Reading | Masters in Finance and Financial Technology (FinTech) | 1 year |
Asia Pacific University | MASTER OF FINANCE WITH A SPECIALISM IN FINTECH | Full-time- 1+ years Part-time- 2-3 years |
University of New South Wales | Master of Financial Technology (Online) | 2 years |
Swinburne University of Technology | Master of Financial Technologies | 1-2 years |
Duke FinTech Master of Engineering | Financial Technology Master of Engineering (FinTech) | 1-2 years |
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Eligibility Criteria
To secure a seat in any university offering a master’s in FinTech, you need to fulfil eligibility criteria which differ from university to university. For this, you can check the official website of the university. Regardless, here is what the eligibility criteria include:
- Students should have a Bachelor’s degree in the relevant field with a minimum CGPA (depending on the university).
- Applicants are required to have the minimum work experience in the relevant field depending on the university (in some cases).
- Students should have the desired IELTS score (depending on the university).
- The minimum GMAT/GRE score is also required as set by the university.
Documents Required
To proceed with your application, you are also required to submit a few documents such as:
- Official academic transcripts
- Statement of Purpose (SOP)
- Letter of Recommendation (LOR)
- Updated resume or CV
- Visa
- Passport
Also Read: Masters in Finance in UK
Application Process
1. Collect all the official academic transcripts before starting the process. This will include high school marksheets along with proof of English Proficiency Tests and GMAT/GRE (if required, depending on the course and university).
2. Gather other essential documents including a Statement of Purpose (SOP), Letter of Recommendation (LOR), Visa, and Passport.
3. Next shortlist a university from the plethora of available options. You can use Leverage Edu AI University Course Finder to ease the task.
4. Go to the official website of your preferred university. Check the eligibility and documents required.
5. Once the application process has started, register on the official university website.
6. Fill in your personal and academic details as mentioned in the official records.
7. Upload the necessary documents to proceed.
8. Finally, pay the application fee and submit your application.
9. Once you are offered a seat in the university, arrange the funding and begin the visa process.
Cost of Studying
Here is the average cost of studying Masters in Fintech at the above-mentioned universities:
University Name | Approx Annual Tuition Fee |
Università della Svizzera italiana | $15,900 – $18,984 |
University of Reading | $16,000 – $19450 |
Asia Pacific University | $7982 – $8091 |
University of New South Wales | $53,900 – $56,200 |
Swinburne University of Technology | $62,500 – $65,400 |
Duke FinTech Master of Engineering | $63,524 – $1,20,056 |
Scholarships to Study Masters in FinTech
To ease your financial burden, here are a few scholarships you can avail to study Masters in FinTech:
Name of the University | Name of the Scholarship |
University of Reading | CENTENARY SCHOLARSHIPS |
Harbour.Space University | Bangkok Scholarships |
Swinburne University of Technology | Swinburne International Excellence Postgraduate Scholarship |
University of New South Wales Sydney | International Student Award |
Asia Pacific University of Technology & Innovation | APU MASTERS DEGREE SCHOLARSHIP & MERIT AWARD |
Also Read: MS in Australia
Career Scope in Masters in FinTech
By merging the financial and technological sectors, a Master’s degree in FInTech offers a comprehensive scope to students. It helps them gain insights into the constantly evolving landscape of financial services. This way, students will also learn to develop innovative solutions for the upcoming challenges ahead.
Career Options
With a Masters in FinTech degree in your hand, you can work in different fields such as:
- Blockchain Developer
- Finance Manager
- Apps Developer
- Quantitative Analyst
- Data Analyst
- Cybersecurity Analyst
- Compliance Expert
- Product Manager
Top Recruiters
Moving on to the top recruiters, these are the ones who eagerly look out for bright FinTech graduates with amazing job opportunities:
- PayPal
- Walmart
- Paytm
- Talent place
- Robinhood
- Coinbase
- CRED
- Amazon
- VISA
Skills Required
Pursuing a degree in any field related to your individual preferences and interests can help you gain in-depth knowledge about the same. Except from this, you also need to possess certain skills for Masters in FInTech such as:
- Problem-solving skills
- Soft skills
- Analytical skills
- Communication skills
- Team working skills
- Financial knowledge
- Cybersecurity knowledge
FAQs
A Master’s degree in FinTech is a great option for students who are already studying the financial industry, tech enthusiasts, and aspiring entrepreneurs. If you want to broaden your scope of knowledge and job opportunities after graduation, then this course can be the answer. However, the ultimate answer relies significantly on your individual preferences and interests.
As the name suggests, a Master’s in FinTech is a specialized degree course. It focuses significantly on the unique intersection of finance and technology. By equipping students with the relevant skill set, this degree prepares them for the upcoming challenges of transforming the finance sector in a technical manner.
The average annual salary after MSC FinTech can be around $9,905 – $13,500.
This blog covers all the information you need to know about Masters in FinTech. If you have queries or suggestions, drop them in the comments below. For further help, our expert team at Leverage Edu is available to assist you. Drop us a call at 1800572000 today to get an absolutely free counseling session!