Masters of Science in Global Financial Information Systems

Waterford Institute of Technology (TBC)
Key Programme Details
Award

Major

NFQ Level

9 About NFQ

Delivery Method

Classroom - Evening

Mode

Part Time

ECTS Credits

90

Skills Area

Business, Administration and Law

General Information
Contact

John Casey

Email

jcasey@wit.ie

Phone

051 302425

Address

Waterford Institute of Technology
Cork Road Campus
Waterford
X91 KOEK

Role

Programme Leader

Important Dates
Application Deadline

08/08/2018

Start Date

10/09/2018

End Date

30/08/2019

About this Course

The WIT Masters of Science in Global Financial Information Systems (M Sc in GFIS) commenced in September 2012. The programme was developed in response to demand from the Financial Services industry, for hybrid finance-technology graduates with a specific focus on the application of ICT to Financial Services.

Developed in conjunction with a number of financial service companies, the objective of the programme is to enable high calibre graduates to rapidly develop quantitative, analytical, and ICT skills and experience, embedded in a comprehensive knowledge and understanding of financial services.

The macro-economic need for the programme is well established. The National Skills Bulletin 2017 identified areas experiencing labour shortages including business intelligence, data analytics and fintech: these are core aspects of the M Sc in GFIS. In addition, the National Skills Bulletin 2017 identified financial activities and ICT as amongst the sectors with the highest vacancy rates .

Entry Requirements

Second Class Honours Degree in Business, Economics, Finance, or Information Technology.

Students holding a non-business/IT honours degree (second class honours) are eligible to apply. However, this does not guarantee automatic entry to the programme, but applicants may be considered for interview and short listing.

The Institutional RPL structures and processes may also facilitate participants’ entry onto this programme. For those whose first language is not English, the Institutional requirements apply (see https://www.wit.ie/about_wit/documents_and_policies/english_language_requirements#tab=panel-2 )

Long Description

The WIT Masters of Science in Global Financial Information Systems (M Sc in GFIS) commenced in September 2012. The programme was developed in response to demand from the Financial Services industry, for hybrid finance-technology graduates with a specific focus on the application of ICT to Financial Services.

Developed in conjunction with a number of financial service companies, the objective of the programme is to enable high calibre graduates to rapidly develop quantitative, analytical, and ICT skills and experience, embedded in a comprehensive knowledge and understanding of financial services.

The macro-economic need for the programme is well established. The National Skills Bulletin 2017 identified areas experiencing labour shortages including business intelligence, data analytics and fintech: these are core aspects of the M Sc in GFIS. In addition, the National Skills Bulletin 2017 identified financial activities and ICT as amongst the sectors with the highest vacancy rates .

At a regional level, IFS 2020 specifically identified the need to promote international financial services on a regional basis (IFS 2020, measure 30). This has occurred with a number of major employers in the South East along with some recent additions (for example, Carne Group Financial Services). While the broader economy may experience some headwinds due to Brexit, the financial services industry is expected to be one of the few industries that will be positively impacted. With Dublin at near capacity, the IDA is currently following a strategy of encouraging their Dublin client-base to consider moving some operations to the regions.

The delivery method is innovative and challenging, consisting of lectures, ICT workshops, group work, presentations and a seminar series with industry experts. MSc in GFIS participants receive intensive practical training in key skills such as Data Modelling and Analysis; Business Intelligence; Econometrics; Corporate Financial Interpretation; and Project Management. Participants also develop an in-depth knowledge of Financial Risk and Regulation; Financial Derivatives; Banking Transactions and Payment Systems; and Security, Continuity and Ethics. Participants use a wide range of software including SWIFT e-Learning; Oracle and SQL; Advanced Excel; StockTrak and SPSS.

The programme is targeted at a broad range of potential applicants (business, IT, science and humanities graduates etc.) – the entry criteria are broad although those students with quantitative/numerical skills would be considered more favourably.

There is also an opportunity to be part of a broader community of graduate business students. The seminar series module is taken by all taught post-graduates in business. Some of the other modules are shared with smaller groups (for example the MBS in Economic and Finance and the MSc in Computing in Enterprise Software Systems).

The programme is completed over a twelve month period. The first nine months are spent at WIT. For the final three months students undertake a Professional Internship or FIS Research Project. The Professional Internship element of the programme is a 12 week placement which attracts academic credits. This is the preferred option for the majority of students.The programme is delivered on campus in WIT, with classes taking place three days per week.

Delivery Notes

Campus/Classroom

The programme delivery starting 10 September'2018 - 30th August '2019 ,15 hours, 3 days per week delivered during the daytime.

Admissions Contact Details
Instructor

Lorraine Quirke

Address

Waterford Institute of Technology
Cork Road Campus
Waterford
X91 KOEK

Phone

051 834137

Email

lquirke@wit.ie

Application Procedures

The employed will pay 10% of the total programme fee €6,250 (€625), no fee incurred by the unemployed.