MBA in FintechMay 11, 2023 2023-09-28 8:51
- Dubai Business School
MBA in Fintech
Throughout the year
Full & Part time
Total Credit Hours
Table of Contents
|Regular Admission||Conditional Admission|
|Accredited bachelor’s degree in Business with a minimum GPA of 3.0||Accredited bachelor’s degree in any field with a GPA of 2.00 – 2.99|
|EmSAT 1400 I Academic lELTS 6.0 TOEFL (PBT 550 or IBT 79 or CBT 213)||EmSAT 1250 or Academic lELTS 5.5 or TOEFL (PBT 530 or lBT 71 or CBT 197)|
Who is the program for?
- who wish to specialize in the application of technology in finance. These individuals can gain a comprehensive understanding of the financial industry and develop skills to innovate and create fintech solutions.
- Entrepreneurs: As the fintech sector continues to grow rapidly, entrepreneurs looking to launch their own fintech startups can benefit from an MBA in Fintech. This program provides knowledge and insights into the financial industry, regulatory frameworks, and technology trends, enabling entrepreneurs to develop business models that leverage technology for financial services.
- Career Changers: Individuals from diverse backgrounds, such as finance, technology, or other industries, who want to transition into the fintech sector can pursue an MBA in Fintech. This program offers a combination of business and technology education, preparing them for managerial roles in fintech companies or financial institutions adopting technology.
- Fintech Manager: As a Fintech Manager, you can work in financial institutions or fintech companies, leading the integration of technology into financial services. You would be responsible for identifying opportunities for innovation, implementing digital strategies, managing fintech partnerships, and ensuring compliance with regulations.
- Digital Product Manager: This role involves developing and managing digital products and services in the fintech space. You would be responsible for conducting market research, defining product strategies, collaborating with cross-functional teams, and overseeing the product development lifecycle.
- Data Analyst/Scientist: With an MBA in Fintech, you can specialize in data analytics and leverage your skills to extract meaningful insights from financial data. Data analysts/scientists play a crucial role in analyzing customer behavior, identifying patterns, developing predictive models, and supporting data-driven decision-making in fintech companies.
- Risk Manager: Risk management is a critical aspect of the financial industry. As a Fintech Risk Manager, you would assess and mitigate risks associated with technology-driven financial services. This may include cybersecurity risks, data privacy concerns, regulatory compliance, and operational risks unique to the fintech domain.
- Investment Analyst: Fintech has also disrupted the investment and wealth management landscape. With an MBA in Fintech, you can work as an Investment Analyst, evaluating and recommending investment opportunities in fintech companies or assessing the impact of technology on traditional investment strategies.
- Fintech Entrepreneur: Armed with the knowledge and skills acquired during your MBA in Fintech, you may choose to launch your own fintech startup. This path requires a strong understanding of the financial industry, technology trends, and entrepreneurial skills to innovate and bring new fintech solutions to the market.
- Consultant/Advisor: Fintech consultants or advisors provide strategic guidance to financial institutions, fintech startups, or regulatory bodies. You would leverage your expertise in both finance and technology to help organizations navigate the complexities of the fintech landscape, develop growth strategies, and implement digital transformation initiatives.
Estimated salary range
- Entry-level positions: For fresh graduates or professionals with limited experience, salaries typically range from AED 5,000 to AED 15,000 per month (approximately USD 1,360 to USD 4,080).
- Mid-level positions: With a few years of experience, mid-level professionals can expect salaries ranging from AED 15,000 to AED 35,000 per month (approximately USD 4,080 to USD 9,530).
- Senior-level positions: Experienced professionals in managerial or executive roles can earn salaries starting from AED 35,000 per month and can go significantly higher based on the industry and level of responsibility.
Program Specification7 Core courses for each of 5 Concentrations:
|#||Code||Course Name||CH||Suggested Co-Requisites||Term Sequence|
|1||MBA 625||Business Research Methods||3||1|
|2||MBA 600||Managerial Economics||3||MBA 625||1|
|3||MBA 611||Accounting & Financing Decisions||3||MBA 625||1|
|4||MBA 606||Marketing Management||3||MBA 625||2|
|5||MBA 620||Organizational Behavior||3||MBA 625||2|
|6||MBA 641||Ethics, CSR, & Corporate Governance||3||MBA 625||2|
|7||MBA 645||Strategic Management (Capstone)||3||6 Core courses (18CH)||3|
|Total Concentration Courses (7)||21|
|#||Code||Course Name||CH||Suggested Prerequisites||Term Sequence|
|1||FinTech 650||Foundations of FinTech||3||6 core 18 CH||3|
|2||FinTech 652||Data Analytics||3||6 core 18 CH||3|
|3||FinTech 654||Current Topics in FinTech||3||24 CH||4|
|4||FinTech 665||Thesis||6||24 CH||4|
|Total Concentration Courses (4)||15|
|1||MBA 625||Business Research Methods|
|2||MBA 600||Managerial Economics|
|3||MBA 606||Marketing Management|
|1||MBA 611||Accounting & Financing Decisions|
|2||MBA 620||Organizational Behavior|
|3||MBA 641||Ethics, CSR & Corporate Governance|
|1||MBA 645||Strategic Management|
|2||FinTech 650||Foundations of FinTech|
|3||FinTech 652||Data Analytics|
|1||FinTech 654||Current Topics in FinTech|
MBA625 Business Research Methods
This course advances students’ ability to think, adapt, build, apply, evaluate, and conduct business research in support of business decision-making. Topics include research design process, designing a research proposal, selecting the research instrument, ascertaining reliability and validity of instruments, scale measurements, sampling, and data collection methods, using and interpreting the results of univariate and multivariate statistical techniques, and writing the final report.
MBA600 Managerial Economics
The first section of the course covers essential concepts such as supply, demand elasticities and efficiencies in Industries. The subsequent section focuses on advanced topics in market analysis viz. role of externalities and imperfect/ asymmetric info, with specific reference to UAE/GCC/MEA economies.
MBA611 Accounting and Financing decisions
This course blends the use of information (financial and non-financial) for making operating and financing decisions. It links information to manage organizations and finance their activities. Topics covered include financial reporting and analysis, managing working capital, sources of financing business activities, equity analysis and valuation, risk analysis and decision-making under uncertainty, Financial planning, and capital budgeting decisions.
MBA 606 Marketing Management
This course focuses on managing the marketing functions in a dynamic, competitive environment. It introduces the students to a simulation program that gives a real-world scenario of the strategies for the achievement of competitive advantage in product, marketing information, research, consumer behavior, segmentation, the four P’s, and global marketing. StratSim Marketing is a comprehensive marketing strategy simulation based on the automobile industry that demonstrates the impact of marketing decisions on the other functional areas of the business. Marketing strategy is at the core of all decisions in the simulation. Teams target consumer segments and B2B opportunities based on market attractiveness and core competencies, using advanced marketing research techniques such as conjoint analysis, perceptual mapping, and concept testing to identify their customers’ needs and interest
MBA620 Organizational Behavior
This course provides a framework for understanding an individual’s organizational beliefs, attitudes, and behaviors. This course covers how individuals and groups collaborate to achieve long-term goals, as well as the reasons for their success or failure. Finally, students will study how to govern the behavior of individuals and groups within an organization in order to fulfill organizational goals in light of the current emphasis on agility and innovation. SDG 3 is represented by one of the CLOs in this course (Good Health and Well Being).
MBA641 Ethics, CSR and Corporate Governance
In a world economy that is becoming increasingly integrated and interdependent, the relationship between business and society is becoming more complex. The globalization of business, the emergence of civil society organizations in many nations, and new government regulations and international agreements have significantly altered the job of managers and the nature of strategic decision making within the firm. This course draws on the latest research to address the challenges facing business organizations and their stakeholders. More specifically, this course focuses on Corporate Social Responsibility, Corporate Governance, ethics within the UAE and international context. It is aligned with SDG 5 Gender Equality, SDG10 Reduced Inequalities and SDG11 Sustainability
MBA645 Strategic Management
The course is designed to integrate knowledge acquired from MBA earlier 6 courses and apply it to the management of the firm at the Corporate and Strategic planning level. Hands on Simulation of business game at the MBA level and case analysis assure the student has mastered the tools, techniques, and methods of the Strategic Management Process. The course includes special topics that are of concern for the strategic competitiveness of organizations e.g., digital transformation, innovation, sustainable development, mergers & acquisitions, strategic agility and resilience, strategic foresight, etc. In this course students will act as managers making decisions that contribute to the success of a business.
MBA 650 Foundation of FinTech
The financial services sector is undergoing substantial disruption as a result of revolutionary and rapidly changing technology. The course examines the impact of Financial Technology (FinTech) on the financial industry and the society. Students are expected to develop a broad understanding of the Fintech ecosystem and how its recent development is disrupting a variety of financial transactions including payments, lending, credit and investment in the UAE/GCC besides globe. The course examines rivals, technologies, policy challenges, and the possibilities for collaboration between incumbents and disruptors in each of these areas.
MBA 652 Data Analytics
The course is an introduction to Business Analytics. It covers managerial statistical tools in descriptive analytics and predictive analytics, including regression. Other topics covered include forecasting, risk analysis, simulation, and data mining (including Artificial Intelligence (AI)/Machine Learning (ML)), and decision analysis. This course provides students with the fundamental concepts and tools needed to understand the emerging role of business analytics in organizations and shows students how to apply basic business analytics tools in a spreadsheet environment, and how to communicate with analytics professionals to effectively use and interpret analytic models and results for making better business decision. Emphasis is placed on applications, concepts, and interpretation of results, rather than theory and calculations. In addition to Excel (Add-in), students use a computer software package (Stata) for data analysis
MBA 654 Current Topics in FinTech
This course explores how FinTech advances are impacting the core business of banks, insurance companies and other financial institutions. The reality is likely to be a more gradual adoption and integration of innovative technology and mobile applications into the existing financial system. While big financial institutions are expected to adopt new technology in different ways including partnering with startups, acquiring some of them and also through internal development, the impact of FinTech can also be seen as a potential threat to traditional financial institutions. This course also addresses risk management and regulatory challenges, particularly those related to payment systems, cyber security, financial crime and fraud detection. It furthermore highlights the concept of the ongoing democratization of wealth management the current shifts happening in wealth and asset management towards a more efficient and client-centric advisory process. The focus is on UAE/GCC and the globe.
MBA 655 Thesis – FinTech Concentration
Typically serving as the culminating experience in the MBA program, the thesis bridges academic study and professional practice, applying the skills gained from the MBA to real-world business management and research. The MBA thesis will give students the opportunity to explore and integrate aspects of theory or methods, knowledge and skills, acquired along the first year of the MBA program. The thesis is an individual assignment that is linked to a practical issue in an existing business, or to the start-up of a new business. Students are expected to propose the research problem after reviewing the literature on a topic of their interest, formulate the research objectives, research questions and develop the relevant research hypothesis. Students need to describe the theoretical framework, design a suitable methodology, gather and analyze information, draw logical conclusions and managerial/policy implications. The purpose is to provide applied and research-based learning experience through thesis. The course allows participants to demonstrate problem-solving skills to analyze highly complex issues with incomplete data and develop innovative solutions and proposals relevant to an academic/professional field, field of work or discipline.The course also provides an important link between the financial institutions (FI) organization and the UD. As such, the Thesis should reflect a need of the FI while meeting the perceived needs and interests of the individual students. Thus, the student is required to develop an action-oriented management thesis report. The Thesis report must be of a rigorous academic/ professional standard. Students should note that this is a 6-credit hour course reflecting the depth and breadth of work needed from them.