Scottish university launches first fintech course in UK

Announcements | January 13, 2017 By:

The University of Strathclyde announced it is offering a masters degree in fintech to create the right skills base to support the financial services sector and Scotland’s financial technology ambitions.

The new 12-month course will be run by the university’s Business School and is scheduled to start in September 2017. Students will be taught by tutors from the Department of Accounting and Finance and the Department of Management Science.

The program will provide students with the core elements of fintech and will educate them on how to digitally transform business operations. In addition, students will obtain deeper knowledge of financial regulation, programming, and data analytics. The use of emerging technologies like blockchain will also be covered.

“FinTech is developing rapidly, utilising software and programming code in innovative ways. It is driving efficiency up and costs down and the digitalisation of transactions is now a cross-disciplinary science,” said Daniel Broby, director of Strathclyde’s Centre for Financial Regulation and Innovation.

While the course may claim to be the first of its kind in the UK, UCL in London does offer an MSC in Entrepreneurship with a fintech sub-stream, while the Open University has teamed up with UK fintech trade body Innovate Finance to launch a 50 hour online ‘Fintech 101: Understanding Financial Technology’ course. In the US, the Boston-based MIT launched its Fintech Ventures course in November 2015, while the National College of Ireland offers a part time MSc.