Master in Fintech is a two year program, offered by the EIT Digital Master School. Graduates of the EIT Digital school receive 2 master of science degrees along with a EIT-labelled certificate. Student also participate in summer school, business challenge and undertake a work placement.


What are EIT Digital Master’s programs?

EIT Digital Master School is a joint initiative by the Europe’s top universities and business schools. EIT Digital Master’s programs are coordinated by the EIT Digital Master School Office in Stockholm, Sweden. The Office staff works in cooperation with university administrators, admission and general student counselling is also handled at Stockholm.

There are 18 universities in the EIT Digital Master School from France, Hungary, Finland, Italy, Sweden, Estonia, Spain, Germany and Netherlands.

Selected students enter at the university of their choice and also based upon their technical background. After the first year, students move on to the exit point university, located in a different European country. Majority of the curriculum (90 ECTS) is based on technical studies, including; Common base, Specialization and a Master’s thesis. A minor in Innovation & Entrepreneurship is also offered consisting of 30 ECTS. Two Master of science degrees are awarded to the graduates, issued by the entry and exit university.

fintech
Master’s program Journey Map (CREDIT: EIT Digitial)

EIT Master in Fintech

Digital technology and finance have been connected for a long period of time. Latest technologies including; data analytics, machine learning, biometrics and blockchain are creating new possibilities for finance and technology. In the finance sector; Identity management, secure payments, credit and risk management, information security, and portfolio management are the key objectives for the future. The full potential of technology in business and finance is yet to be seen, e.g. what will be the impact on businesses when customers can pay anytime, anywhere, using only biometric information?

EIT Master in Fintech at EIT Digital Master School is designed to provide graduates with a holistic skill set, in technology, finance and entrepreneurship. Graduates of the Fintech program will be able to utilize technology and its applications to finance as future industry leaders and specialists.

Entry Year OptionsExit Year Options
Technical University of Madrid, Spain
Université Côte d’Azur, France
Eötvös Lorand University , Hungary
University of Trento , Italy
University of Rennes 1, France
Politecnico di Milano, Italy
Université Côte d’Azur, France
Eötvös Lorand University, Hungary
University of Trento, Italy
University of Rennes 1, France

In the first year, students are provided with core courses (as per their entry year) in artificial intelligence, data science, entrepreneurship, information security, software engineering, business modeling, finance, data mining, software security, database, financial mathematics etc.

During the second year, students can choose a specialization at the exit university. The specializations include; Systems Engineering for Financial Technologies, Distributed Fintech systems, Fintech for Financial and Insurance Business or Fintech for Social Impact.

Eligibility Criteria

Bachelor degree in a relevant degree with background in finance and/or technology. For non native English speakers, a relevant English language proficiency certificate is required – TOEFL, IELTS, PTE or CAE. Information regarding waiver of English language proficiency test and university specific test scores is available here.

Candidate selection is based on their previous academic background, performance, motivation letter (featuring background or potential in innovation and entrepreneurship. Candidates with relevant work experience can compensate for a non-strictly matching bachelor degree. The work experience should be mentioned in the motivation letter or resume. Final selection will be made by selection committee to determine the relevant work experience and the bachelor degree for admission.

Tuition fee and Scholarships

EU/EEA and Swiss students pay 1,500 Euro/year (€750 per semester) and Non-EEA/Non-EU pay 12,000 Euro/year (€6000 per semester). Period one applicants are required to pay the fee before May 31, 2020. For period two applicants, tuition fee deadline is June 30, 2020. In case of scholarships, the tuition will be prorated for the received amount.

EIT Digital Master School scholarship program invests over €1.6 million per year per cohort to attract the best talent worldwide. Merit based scholarships are provided for 2 years and are offered to top applicants in each program/entry point. During the electronic application, candidates will be asked to confirm their choice for EIT Digital Master School scholarship.

Application

There are two application periods, open to EU/EEA and Non-EU citizens:

Period one: (Nov. 15, 2019 to Feb. 3 2020). For period one, Admission and scholarship letters will be delivered on April 1, 2020, the deadline to accept the study offer is April 8, 2020.

Periods two: (Feb. 17, 2020 to Apr. 17, 2020). For period two the letters of acceptance and scholarships will be handed out between June 1 to 3, 2020. The deadline to accept the study offer for is June 10, 2020.

For student visa applicants it is recommended that they apply in period one. Applicants in the period one can apply to a maximum of two programs. For applicants applying in period two only one program selection is available. Interested candidates can apply via the official website.

Further Information

Post-Master positions are available to EIT Digital School graduates which offers a 1 year contract. The graduates work in a EIT Digital co-location center in a multinational environment. These opportunities are available for motivated candidates, committed to digitization and eager to learn under high profile experts. Post-master positions are aimed at software developers, scientists, data analysts, technical architects, venture developers and other IT savvy young professionals.

More information regarding the career for students after graduating from EIT Digital school is available here. Information on EIT Digital school students is available here.

Applicants can contact the EIT Digital School via email (masterschool@eitdigital.eu) OR by filling a form at the official website.

OFFICIAL LINK

Find more Master’s scholarships at our website, click here for more