Fintech - Economics & Financial Technology

The MSc Fintech (Economics and Financial Technology) is a pioneering programme at the intersection of finance, economics, and technology. This programme welcomes applications from graduates of business, economics and finance degrees, or computer science and engineering graduates with a background in economics. Leveraging Galway's robust presence in both finance and analytics, this Master's degree consolidates these strengths into a single, comprehensive offering.

The Fintech sector faces a pressing need for professionals equipped with a blend of economic insight and technical expertise. A recent FSI Report (September 2023) forecasts a staggering 44% increase in employee numbers over the next three years, underscoring the acute shortage of technical talent in this rapidly growing industry.

The programme's curriculum encompasses a blend of theoretical foundations and applied subjects, covering crucial areas such as:

The impact of financial technology on the economy
Economic theory and econometrics
Finance, technology, and data science

Core modules in financial technology and financial analytics are supplemented by a diverse range of optional modules. This flexibility allows students to tailor their studies to match their specific interests within the expansive realm of Fintech.

The MSc Fintech (Economics and Financial Technology) aims to facilitate learning and critical assessment of the economic impact of emerging financial instruments, markets, and technologies. Graduates will acquire a skillset that allows them to make an immediate and substantial contribution within the FinTech industry.

Subjects taught

Semester I

Core Modules:
Financial Technology and the Economy (10 ECTS),
Financial Econometrics (10 ECTS)
Applied Portfolio Management (10 ECTS)

Optional Modules:
Cybersecurity Risk Management (10 ECTS)
Information Technology Law (5 ECTS)
Strategic Management (5 ECTS)
Intermediate Corporate Finance (5 ECTS)
Macroeconomic Theory and Policy (10 ECTS)
Microeconomic Theory (10 ECTS)

Semester II

Core Modules:
Behavioural Finance and Economics (10 ECTS)
Financial Data Analytics (10 ECTS)

Optional modules:
Contemporary Issues in FinTech (10 ECTS)
Web Design and Development (5 ECTS)
International Entrepreneurship (10 ECTS)
Digital Metrics and Analytics (5 ECTS)
Advanced Corporate Finance (5 ECTS)
Derivatives and Risk Management (10 ECTS)
Green and Sustainable Finance (10 ECTS)
International Monetary Economics (10 ECTS)
Economics and the Global Economy (10 ECTS)
International Finance (10 ECTS)
Financial and Macroeconomic History (10 ECTS)
Applied Econometrics (10 ECTS)

Teaching methods will include traditional expositional lectures, immersive collaborative discussions, problem-based learning (e.g. case studies on topics in Fintech), the invitation of guest speakers to lecture on their areas of expertise (e.g. FinTech regulation). There will be teaching of practical skills in computer labs as well.

Learning methods include study of textbook material, reading and critically assessing journal articles on the state-of-the-art research, and individual and group projects.

Entry requirements

Normally a H2.1 degree (NFQ Level 8 or equivalent) with Economics to intermediate level.* Candidates with a significantly high H2.2 honours degree and who have achieved a 2.1 average in relevant Economics modules as their major, may also be considered. IELTS score of 6.5 or equivalent, if applicable.

* By "intermediate level economics" we mean courses in microeconomics and macroeconomics at a level typically done in second or third year of an undergraduate programme. Accordingly people who have only studied one year of economics are not eligible for admission.

Application dates

Closing Date
Please view the offer rounds website at https://www.universityofgalway.ie/postgrad-admissions/key-dates/

Applications are made online via the University of Galway Postgraduate Applications System.

Duration

1 year, full-time.

Enrolment dates

Next start date September 2024

Post Course Info

Career Opportunities
Graduates of this programme are well-prepared for a seamless transition to various careers in financial services, including but not limited to roles such as:

Data Analyst
Finance Manager
UX Designer
Regulatory Officer
They can excel in diverse settings such as FinTech startups, digital banks, payments facilitator companies, insure-tech firms, digitalisation wings of traditional financial sectors, regulatory wings in the public or private sectors, and consultancies specialising in blockchain technologies.

More details
  • Qualification letters

    MSc

  • Qualifications

    Degree - Masters (Level 9 NFQ)

  • Attendance type

    Daytime,Full time

  • Apply to

    Course provider