Diploma in Financial Informatics

Course Introduction

Singapore is an international centre for banking and finance. Ranked among the top leading financial services hubs in the world, Singapore is home to many multinational financial institutions including American Express, Barclays, Citibank, DBS, Great Eastern Life, ManuLife, OCBC, Standard Chartered Bank and UOB. Banking, foreign exchange, bonds, equities, derivatives and asset management are among the wide range of products and services offered in Singapore. The banking and financial sector is more than ever a key driving force in our economy.

The Diploma in Financial Informatics prepares students for a brilliant career in the financial sector, by offering an integrated and well-balanced approach which combines both IT and financial knowledge to empower product and service innovation. Students will learn to define business requirements in financial services, analyse financial data, leverage the innovative use of IT and translate them into implementable solutions. Upon graduation, students will be well-placed to contribute to the growing financial sector, because IT plays a critical role in shaping the way banks and financial institutions operate and transform their businesses with new services and products. Students can enjoy an exciting career as part of the new pool of IT professionals making a difference to Singapore’s dynamic financial industry.

Students will learn a wide spectrum of IT technologies and business domain knowledge relevant to the financial services industry. They will develop the capability to integrate these two areas of expertise and design innovative IT systems and solutions, with the following focus areas:

• Accounting and Finance

• Financial Products and Services

• Internet and Banking Technology

• Business Analytics and Enterprise Solutions

Through participation in hands-on projects and case studies, students acquire a good understanding of how banks and financial institutions operate and how IT is innovatively harnessed to create new services. The flexibility of the course allows students to pursue specialisation in either Banking & Financial Services or Banking and Financial Applications to increase their attractiveness to prospective employers in the financial services industry.

The value-added IT++ learning experience for students is enhanced through:

• a full-time industry project to sharpen their technical knowledge, business acumen and project management skills;

• local or overseas industrial attachment at companies or R&D centres to gain real-life work experience and industry exposure;

• overseas immersion opportunities to broaden their horizons and help them cultivate a global mindset; and

• various professional certifications offered by technology leaders such as IBM, Microsoft, Oracle, SAP, SAS, Cisco Systems, Red Hat, etc.

   

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Course Aims

The course aims to develop students and equip them with:

• a good spectrum of IT skills and business domain knowledge relevant to the financial services industry;

• the expertise to define business requirements in financial services and translate them into implementable IT solutions;

• best practices in applications and integration of IT and financial knowledge, enhanced through modules such as business intelligence and analytics, business process management, banking technology, enterprise solutions and project work

• essential life skills in creative & critical thinking, team building, self-directed learning, effective communication and enterprising spirit.

Duration: Three academic years on a full-time basis.

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Career Prospects

As a financial centre with over 600 financial institutions, Singapore is well-poised to become an IT innovation hub for financial services. With the Diploma in Financial Informatics, graduates can look forward to ample rewarding career opportunities in the vibrant financial services industry. Career opportunities include:

• Cross-disciplinary IT Expert

• Techno-Strategist

• Financial IT Solutions Developer

• Financial Applications Specialist

• IT and Financial Consultant

• Business and Financial Analyst

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Further Studies

With the Diploma in Financial Informatics, graduates will have opportunities to pursue further studies with good advanced standing in relevant degree courses at reputable universities in Singapore, the UK, Australia, US, Canada and New Zealand.

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