Postgraduate Diploma in Data Science and Financial Technology

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Programme Overview

Academic Level
Academic Level

Postgraduate/Masters,

Awarded by
Awarded by

University of London, UK

Programme type
Programme type

Part-time, 1.5 years

Campus location
Campus location

SIM Headquarters

Application Dates
Application Dates

Apply now till 31 July 2023 (local and international applicants)

Estimated Fees (incl. GST)
Estimated Fees

(incl. GST)*

S$26,750

* All fees inclusive of current 7% GST (exclude textbooks / course materials, SIM application fee, preparatory / bridging course fee, and other fees). Fees will be subject to revised GST of 8% effective on 1 Jan 2023 and 9% on 1 Jan 2024. Refer to GST Notes under Fees Tab for more information.

Programme Outline

Awarded by University of London, UK and Developed by the Member Institution, Goldsmiths, University of London, UK

Many experts highlight the potential for Financial Technology (FinTech) to make finance more accessible for those most in need and the FinTech sector in emerging markets and developing economies saw particularly strong growth – as much as 40% in the Middle East and North Africa. Globally, finance apps alone were downloaded more than four billion times in 2020.

This has disrupted the banking and finance industry too – from international banks to back-room start-ups - and changed the way we handle money.

This innovative programme will provide graduates with in-demand quantitative and analytical skills necessary to embark on a successful career in FinTech or in the financial services sector.

The programme combines technology from big data and analytics, mobile computing and modern financial services, to enable better decision-making for organisations.

The required modules will allow the student to gain a strong foundation of knowledge, as well as practical experience and the opportunity to tailor learning to meet individual career ambitions.

Prerequisite(s)

  • Candidates entering this programme via Entry Route 2, are required to complete an online preparatory course. For details, go to the Admission Criteria section

learning-outcomes

Learning Outcomes

Upon successful completion of this programme, you will be able to: 

  1. Explain and assess a range of machine learning and financial technologies used in the big set of data and financial markets analytics. 
  2. Apply the advanced skills and specialist knowledge in the areas of machine learning and financial technologies to the design software and data analyses. 

Further Studies & Career Prospects

This is a stackable programme. Graduates may further their studies in the MSc in Data Science and Financial Technology at SIM or in the institutions around the world (subject to their admission criteria) upon completion of this programme.

Graduates will be equipped with the skills needed to go into roles across the data science and finance sector – from challenger banks and start-ups to established banks and insurance companies, marketing companies, the oil industry and the government.

Why study at SIM x University of London

uol-sim-leading-pvt-edu

SIM is the leading private education institution in Singapore. 

uol-excellent-value

Excellent value with lower tuition costs in SIM. 

uol-goldsmiths-ranked-62nd

Goldsmiths ranked 62nd in the UK, according to the Complete University Guide 2023.

Learn more about the University of London

Intake Dates

2023 Oct intake 

PROGRAMME DURATION

Oct 2023 to Mar 2025 

APPLICATION PERIOD

Apply now till 31 July 2023

Early submission of eApplication is strongly recommended. 

Programme Calendar 
(Per Semester) 

  • Study Period: Week 1 – 21 
  • Coursework 1: Week 6 or 7 
  • Coursework 2: Week 13 or 14 
  • Revision: Week 21 
  • Exams: Week 22 
 

Candidature Period 
Minimum: 1.5 years (depends on the University’s availability of modules) 
Maximum: 5 years 
No refund or recourse should the student fail to complete within the maximum period.

Curriculum

Structure

  • All classes are conducted on SIM campus unless otherwise stated. 
  • Duration of each lesson is 3 hours. All lectures will be recorded and made available to students. 
  • Programme comprises the following activities.  
    • Lectures 
    • Online self-study 
    • Workshops 
    • Consultations 
  • Classes are taught by local faculty from SIM. 
    View a list of lecturers’ teaching modules (PDF 531 KB) 
  • Average teacher-student ratio: 1:18 
  • There must be a minimum of 25 students for the programme to commence. Students will be informed within one month prior to class commencement if the programme fails to commence due to low take up rate. 

Assessment & Attendence

  • A recommended rate of 75% attendance is to be maintained. 
  • Assessment by the University is made up of coursework and examination (for selected modules).  

Module Type 

Element of assessment 

Element weighting 

Requirement to pass the module 

Core Modules 

Coursework I

30% or 50% 

A mark of at least 50% in both elements of assessment. 

 

Coursework II / *Written examination 

70% or 50% 

A mark of at least 50% in both elements of assessment. 

Compulsory Modules

Coursework I 

30% or 50% 

A mark of at least 50% in both elements of assessment. 

 

Coursework II / *Written examination 

70% or 50% 

A mark of at least 50% in both elements of assessment. 

Optional Modules  

Coursework I 

30% or 50% 

A mark of at least 50% in both elements of assessment. 

 

Coursework II / *Written examination 

70% or 50% 

A mark of at least 50% in both elements of assessment. 

*The written examination is three hours in length. It comprises three sections with a mix of qualitative and quantitative questions in total. 

Requirements to Graduate

  • The award of the postgraduate diploma requires successful completion of all 8 modules. 
  • Grading Scheme: 
    • 70-100: Distinction 
    • 60-69: Merit 
    • 50-59: Pass 
    • 0-49: Fail 
  • Graduates may choose to participate in the presentation ceremony on SIM campus in April or at the University of London (UK) in March. 

Modules

The Postgraduate Diploma in Data Science and Financial Technology is a 120-credit programme. A student must complete:

  • Four core modules (60 credits total)
  • Three compulsory modules (45 credits total)
  • One optional modules (15 credits total)

(Must pass all assessment elements)

Module Title 

Credits 

Financial Data Modelling 

15 

Data Programming in Python 

15 

Statistics and Statistical Data Mining 

15 

Machine Learning 

15 

Module Title 

Credits 

Big Data Analysis 

15 

Blockchain Programming 

15 

Mathematics of Financial Markets 

15 

(Choose any one)

Module Title 

Credits 

Artificial Intelligence

15 

Data Science Research Topics 

15 

Data Visualisation 

15 

Natural Language Processing 

15 

Neural Networks 

15 


View module descriptions (PDF 44 KB)
View a sample timetable (PDF 25 KB)


*Rules for Compensation 
The university will allow compensation for an assessment element within optional modules if: 
  • the mark awarded for one of the assessment elementelements is between 45%-49%; AND 
  • the mark for the other assessment elements is sufficient to produce an overall combined weighted pass mark for the module 
The university will NOT allow compensation for any assessment element within core modules. 
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Admission Criteria

Accepted Entry Qualifications

Entry Route 1 
Applicants must have the following: 

  • A full UK second class honours degree (or its equivalent) in a *relevant subject from an institution acceptable to the University of London. 

Entry Route 2 
If applicants do not meet the above academic requirements, their applications may be considered based on the following  

  • A full UK second class honours degree (or its equivalent) in any subject from an institution acceptable to the University of London; AND 
  • **Complete and pass an online preparatory course, MOOC via Coursera platform. There is no entry test requirement for the MOOC course. However, there will be assessment during and at the end of the MOOC course. 


*The subjects that would be considered as relevant are: Computing, Data Science, Computer Science, Business Computing, Games Programming, Physics, Engineering, Mathematics and statistics, Finance, Marketing and Finance. 
**Students should sign up with Coursera at least 3 months before the intended intake. Do aim to have the results at least one month

English Language Requirements

GCE ‘O’ Level, min Grade C6 in English or its equivalent 

Exemptions

Recognition of Prior Learning (RPL) is the recognition of previously acquired learning which can be mapped against particular learning outcomes of modules within a programme. RPL may be awarded if you have previously studied a similar module in the same depth, at degree level, and you achieved good marks in the corresponding examination. A student who is awarded RPL for a specific module is considered to be exempted from the module.

The qualification on which your RPL is based must have been obtained within the five years preceding the application. Candidates must have completed all coursework and assessment for their course.  before the application intake is closed. While completing the MOOC course, student may submit an SIM application. 

Qualifications eligible for exemption and their corresponding RPL: 

Qualification from Singapore Polytechnic 

RPL from UOL courses in 

  1. Specialist Diploma in Data Science (AI) 
  2. Specialist Diploma in Data Science (Big Data and Streaming Analytics) 
  3. Specialist Diploma in Data Science (Data Analytics) 
  4. Specialist Diploma in Data Science (Predictive Analytics) 
  1. DSM020 Data Programming in Python* 
  2. DSM050 Data Visualisation** 


Notes: 
* Provided the candidate has successfully completed the module IT8701 Programming for Data Science 
** Provided the candidate has successfully completed one of the modules:  

  • IT8701 Programming for Data Science 
  • MS9001 Statistics for Data Science 
  • IT8302 Applied Machine Learning 

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Fees & Financial Aid

All fees inclusive of current 7% GST (exclude textbooks / course materials). Fees will be subject to revised GST of 8% effective on 1 Jan 2023 and 9% on 1 Jan 2024.

GST Notes:

  • Fees published are inclusive of current GST of 7%. The parts of fees not invoiced, not paid and where services are not rendered in year 2022 are subject to the new GST rates effective on 1 Jan 2023 and 1 Jan 2024 respectively. Refer to IRAS website here for more details.
  • For invoice generated in 2022 for services to be rendered in 2023, if payment is collected by 2022, 7% GST will apply.
  • For invoice generated in 2022, if the payment is received in 2023 and service is rendered in 2023, 8% GST will apply. Credit note against original invoice and a new invoice bearing 8% GST will be issued.
  • For invoice generated in 2022 and service is rendered in 2022, if payment is collected in 2023 (i.e. late payment), 7% still applies.


Payment to SIM can be made through SIMConnect using Credit Card (Visa or Master), PayNow, eNETS, and OCBC Interest-free Instalment Plan (min. S$500).

Programme Fees 

Estimated overall fees for 8 modules: S$29,400*

The breakdown is as follows:

Payable to SIM 

  • SIM programme fee: S$18,832 

Payable to University of London (UOL) 

  • UOL application fee: £107* 
  • UOL programme fee: £4,760* 
  • UOL programme fee (Band B country): £595 (per module)* 
  • UOL module continuation fee (if the module is not completed in the six-month study session):  £394 (per module)* 
  • UOL application fee for recognition of prior learning (per module): £58 


 Payable to RELC Examinations Bureau 

  • UOL examination fee: S$920* 


* These are estimated amounts as UOL and RELC fees are subject to exchange rate fluctuations, Singapore taxation and annual increase.

Mandatory One-time Fees  

All fees inclusive of prevailing GST. 

Application Fee 

Payable for each application form that is submitted. Fee is non-refundable and non-transferable. The fee will be refunded fully only if the intake does not commence. Unpaid applications will not be processed. 

Local applicants: S$96.30