Financial technology, or fintech, has long been regarded by financial institutions as the major source of disruption in their industry. Surprisingly, however, a large number of institutions still have no reliable fintech strategy to deal with the existing and expected disruptions. With ambitions of supplying fintech leadership beyond Hong Kong to mainland China and the international job market, local universities are launching several postgraduate courses in fintech in 2019 for people working in finance, technology, regulation or fintech itself. Hong Kong University of Science and Technology (HKUST) has been designing a postgraduate programme for the best part of 2018, to be launched during the next academic year. Combining the university's main strengths, the one-year fulltime master of science in financial technology (MScFinTech) is jointly offered by HKUST's schools of business management, engineering and science.
Ngee Ann Polytechnic and Centre for Finance, Technology and Entrepreneurship (CFTE) are about to launch AI in Finance (AIF), the first online programme for finance professionals. Despite the growing hype around Artificial Intelligence (AI), many finance professionals are still unfamiliar with the impact it will have on their industry. Ngee Ann Polytechnic (NP), one of Singapore's leading institutes of higher learning, is partnering with London-based Centre for Finance, Technology and Entrepreneurship (CFTE) to launch the first online course to showcase AI applications and use cases in the banking industry. "AI is a technological driving force that no industry can ignore. Some studies estimate that about 50 per cent of today's tasks would be assisted by AI in the next 20 years.