Scottish university launches UK’s first fintech course

Scotland-based University of Strathclyde has announced the launch of a new masters program in fintech, making it UK’s first fintech course, in order to support the digital transformation of the country’s financial industry.

The university’s Master of Science (M.Sc.) in fintech will offer students the financial, programming, analytical skills and deep understanding that are needed to help firms accelerate transactions and enhance security. It will also enable a further establishment of Scotland’s position as a leader in the financial innovation sector.

“Fintech is developing rapidly, utilizing software and programming code in innovative ways.  It is driving efficiency up and costs down and the digitalization of transactions is now a cross- disciplinary science. Our new course will equip students with the essential skills and knowledge for a career in this field; it combines theory, intensive practice and industrial engagement,” Daniel Broby, Director of Strathclyde’s Centre for Financial Regulation and Innovation, said.

The program duration is for 12 months, starting in September 2017. The course will combine a meticulous, core academic curriculum with the entrepreneurial and innovative elements of fintech, including data analytics, financial method, regulation, applications of technologies like blockchain, among others.

“We are delighted to have received such overwhelming support from the sector in the development of the course. It has been designed to give graduates a clear understanding of what businesses need, and fast-track them into successful careers in the finance sector,” Broby added.

Masters in fintech course will be run by Strathclyde Business School and the students will be tutored by staff from the Department of Accounting and Finance and the Department of Management Science.