We Don’t Just Use Technology We Bank Through It
Think about your last financial transaction.
It probably wasn’t cash. You may have used Apple Pay, an online transfer, or even scanned a QR code to split dinner with a friend.
That simple act tells a much bigger story we no longer live in an economy supported by technology; we live in an economy driven by it. Every transfer, every investment, every risk decision is now powered by algorithms, data, and code.
This fusion of finance and technology is known as Financial Technology, or FinTech. And it has become the single most transformative force in global commerce — redefining how people, businesses, and governments manage money.
For students and professionals alike, this means one thing: the financial leaders of the future will not just understand markets; they’ll understand how technology shapes them.
What Exactly Is FinTech?
FinTech is the integration of digital technology into financial systems to improve efficiency, accessibility, and innovation. It includes everything from:
- Digital payments and online banking
- Blockchain and cryptocurrency platforms
- Robo-advisors and algorithmic trading systems
- Cybersecurity and fraud detection systems
- InsurTech and RegTech (Regulatory Technology)
The global FinTech market is expected to surpass USD 330 billion by 2026, according to industry reports. But more importantly, it is evolving faster than any other sector of the modern economy.
Unlike many industries that follow trends, FinTech drives them — and reshapes entire systems in the process.
Why Financial Technologies Will Stay Relevant for Decades
There are three core reasons why FinTech isn’t just the future — it’s forever.
1. Digital Finance Is the New Normal
From London to Dubai to Singapore, most consumers no longer visit physical banks. Mobile-first banking, contactless payments, and AI-driven customer service have become the standard. Financial innovation is no longer optional — it’s the infrastructure of daily life.
2. Every Industry Now Depends on Financial Technology
Retail, logistics, education, real estate — every major sector depends on secure digital transactions. Even healthcare and government payrolls are powered by FinTech systems.
3. Governments and Banks Are Investing Heavily
Countries like the UAE, Singapore, and the United Kingdom are positioning themselves as FinTech capitals.
The UK alone houses more than 2,500 active FinTech companies, while the UAE ranks as the fastest-growing financial innovation hub in the Middle East.
This isn’t a passing wave — it’s a permanent restructuring of how global finance operates.
Who Should Study FinTech?
An MSc in Information Technology with Financial Technologies is ideal for:
- IT graduates who want to apply their technical skills to financial systems.
- Business, commerce, or economics graduates who want to understand how technology drives markets.
- Working professionals seeking to upskill or pivot into one of the world’s most secure and lucrative career paths.
What makes this field particularly attractive is that it’s not limited to coders. The best FinTech professionals are those who can combine business strategy with digital fluency — understanding how algorithms translate into real-world decisions.
The MSc in Information Technology with Financial Technologies at UWS London
Offered by the University of the West of Scotland (UWS London), this degree brings together two powerful disciplines — Information Technology and Financial Systems.
You’ll learn how to:
- Design and manage digital payment platforms.
- Analyse financial data using AI and machine learning tools.
- Implement blockchain-based solutions for secure transactions.
- Understand risk modelling and regulatory compliance in modern banking.
- Develop software systems and analytics dashboards used by FinTech firms.
One of the strongest advantages of this course is that it’s open to both IT and non-IT graduates. Students from business, finance, and economics backgrounds can pursue this MSc without prior coding experience — making it a bridge between technology and finance.
Studying in the World’s Financial Capital
The UWS London campus places you right at the heart of one of the world’s most powerful financial ecosystems.
London is home to:
- 300+ global banks and financial institutions.
- Dozens of FinTech start-ups in areas like Canary Wharf and Shoreditch.
- Regular networking and hiring events from firms like Revolut, Monzo, HSBC, and Barclays.
This means your classroom learning is reinforced by real-world access — guest lectures, live projects, and potential internships that connect you directly with the UK’s evolving FinTech sector.
Global Relevance and Career Opportunities
The degree is not just a qualification; it’s a passport to work anywhere digital finance exists — which today means everywhere.
Here are some of the most in-demand career paths:
- FinTech Analyst – £45,000–£70,000 (UK average)
- Blockchain Consultant – £60,000–£110,000
- Risk & Compliance Analyst – £40,000–£85,000
- Cyber Risk Specialist – £55,000–£100,000
- Data & Financial Analyst – £50,000–£95,000
- Product Manager (Digital Payments) – £70,000–£120,000
And globally:
- UAE: £55,000–£100,000 (tax-free)
- Singapore: £50,000–£95,000
- USA: $80,000–$140,000
- Europe (Germany, Netherlands, France): €60,000–€120,000
As digital transactions, blockchain, and AI continue to expand, the need for FinTech experts will remain permanent — both in private corporations and government-backed innovation hubs.
Why This Field Has Long-Term Security
Financial systems can’t “go back” to manual operations.
The world’s economy now runs on:
- AI-based fraud detection
- Algorithmic lending decisions
- Real-time global money transfers
This means FinTech graduates are not entering a volatile market — they’re entering the backbone of global finance.
Every major development — from cryptocurrency regulation to digital identity verification — requires FinTech experts who can bridge innovation with security.
UWS London’s Bursary Advantage
For international students applying for the January and May 2026 intakes, UWS London offers bursaries of up to 40%, reducing tuition fees to approximately £10,950 for eligible applicants.
That’s an affordable entry into one of the world’s most future-proof industries — backed by a UK degree that’s globally respected.
The Graduate Route Advantage
Upon completion of your MSc, you can apply for the UK Graduate Route visa, which allows you to remain in the UK for up to two years (18 months proposed) to gain professional work experience.
Many FinTech graduates use this period to secure placements at UK-based firms, building international credibility before transitioning into global roles across the UAE, Singapore, the US, or Europe.
How Erudmite Guides Students on This Journey
At Erudmite, our approach is simple — we help you build clarity, not just credentials.
For students exploring the MSc Information Technology with Financial Technologies at UWS London, we provide:
- Career counselling in Dubai, tailored to your professional goals.
- Guidance on UWS admission and documentation.
- Scholarship and bursary assistance for eligible applicants.
- Internship and Graduate Route planning for global exposure.
We ensure every student understands not only what to study, but why it matters for their long-term success.
Conclusion
Finance and technology are not separate industries anymore — they are two sides of the same coin.
Every modern innovation, from blockchain identity systems to digital wallets, requires professionals who understand both financial logic and technological infrastructure.
The MSc Information Technology with Financial Technologies at UWS London is designed precisely for that future — one where your skillset doesn’t expire, because the world itself depends on it.
For those ready to future-proof their careers, this isn’t just a degree.
It’s your entry into the architecture of tomorrow’s economy.
FAQ
1. Do I need a technical background to apply for MSc Information Technology with Financial Technologies?
No. UWS London accepts students from both IT and non-IT backgrounds, including business, finance, and commerce.
2. What is the duration of the course?
The programme typically runs for 12 months full-time.
3. What is the tuition fee and bursary available?
The standard tuition is around £16,500, but eligible students can receive a bursary of up to 40%, bringing the total to £10,950 for January and May 2026 intakes.
4. What are the career prospects after graduation?
Graduates can work as FinTech analysts, product managers, blockchain consultants, or risk specialists across the UK, UAE, Singapore, and other financial hubs.
5. Is work experience required to apply?
It’s not mandatory, but professional experience in IT, finance, or business can strengthen your application.
6. Can I work while studying?
Yes. Under the UK Student Route visa, you can work up to 20 hours per week during term time and full-time during university holidays.
7. Can this course help me settle in the UK or other countries later?
It helps you qualify for the Graduate Route visa, allowing post-study work in the UK. The global relevance of FinTech also makes international mobility much easier.
