Swinburne University of Technology, an Australian public university based in Melbourne, Victoria, will co-deliver a Master of Financial Technologies (FinTech) degree program in partnership with Bendigo Bank. The university’s aim is to help meet the growing market demand for skills and qualifications in emerging technologies such as blockchain.
FinTech Graduate Programs
Swinburne’s Australian Graduate School of Entrepreneurship (AGSE) is offering three different FinTech graduate programs, which build upon each other:
- Graduate Certificate of FinTech (one-year part-time)
- Master of FinTech (three-years part-time)
- Master of FinTech (Advanced) (four-years part-time)
All three programs are aimed at working professionals, and so are offered in what Swinburne calls ‘Intensive Mode’. Classes are taught either after working hours or on Fridays or Saturdays, in short six-week blocks. Classes take place at the main Hawthorn campus in Melbourne and students will be taught by a combination of academics and industry practitioners.
The Graduate Certificate program (GC-FINTEC) provides students with a foundation in FinTech and is the pathway to the master’s degree programs. Estimated fees are A$15,960 (≈$12,000).
FinTech Master’s Degree
The master’s degree program (MA-FINTEC) “gives students the skills to apply emerging technologies and lead change within the financial sector.” Students will be awarded a Graduate Diploma of FinTech (GD-FINTEC) as they progress through the program. Fees are estimated at A$47,880 (≈$35,000).
The advanced master’s degree program (MA-FTADV) will “provide students with specialized and applied knowledge in the management of financial services organizations and the application of emerging technologies and strong research skills.” It allows students to take additional electives or complete an advanced research component as a pathway to a PhD. Fees are estimated at A$62,015 (≈$45,000).
Unfortunately, these programs are not available to international students or offered online. Only Australian and New Zealand citizens or Australian permanent residents are eligible to enroll.
Graduates are expected to be well placed for roles as project managers or strategy managers in financial service companies and FinTech start-ups, or as technology consultants.
Blockchain technology is a key priority for Swinburne, as set out in its Industry 4.0 Strategy. In January 2019, the university launched a Global Blockchain Center of Excellence, in a public-private sector partnership with the multinational IT consultancy Capgemini. Based in Melbourne, the Center will focus on the development and implementation of innovative blockchain technologies and solutions for industry.
“We see this technology as the key digital innovation platform supporting global supply chains, intellectual property and trade across a range of industry sectors in the future.”Professor Aleksandar Subic, Swinburne Deputy Vice-Chancellor (Research and Development)
The Center builds upon the university’s existing Blockchain Innovation Lab, which “provides key R&D capabilities in Blockchain application development and security.”