Financial Technology (FinTech), a newly emerging interdisciplinary field between finance and engineering, has been demonstrating unprecedented potential to revolutionise the traditional financial service sector. It focuses on employing cutting-edge developments in engineering, particularly information technology and data sciences, in various financial practices to improve service efficiency and increase customer satisfaction.
To meet foreseeable strong demands for FinTech professionals in the coming decades, the Faculty of Engineering will launch a new four-year undergraduate programme in FinTech (JUPAS Code: JS4428) in the 2017/18 academic year, the first of its kind in Hong Kong. It aims to nurture leadership and entrepreneurship among the next generation of local talents in support of Hong Kong's endeavor to grow into an international FinTech hub. The first intake will be up to a quota of 30.
This new FinTech programme will be run in close collaboration with the Hong Kong Monetary Authority (HKMA) and the Hong Kong Applied Science and Technology Research Institute (ASTRI) to organise internships and overseas exchanges for students. It is also built upon the Faculty of Engineering's strong collaboration with the Faculties of Business Administration, Law, and Social Science. This multi-disciplinary training will equip students with both solid technological knowledge in engineering innovations, and an understanding of the business and legal environment for FinTech. New course offerings, including Financial Infrastructures, E-Payment Systems and Cryptocurrency Technologies, Internet Finance, and Financial Informatics, will bring state-of-the-art developments in the field to undergraduate education for the first time.
Programme Director Prof. CHEN Nan, remarked, 'Graduates of this programme will be ideally suited for positions that require strong quantitative and technological skills in the financial services industry. Prospective career opportunities consist in investment and commercial banking, insurance, asset management, internet finance, government regulatory agencies, and FinTech startups. They can also pursue advanced studies in finance, management sciences and engineering, computer sciences, information engineering and related fields.'