WPCS 2.1.2
Tuition Fees:$5,293 /year
Part-time Study:2 Years
Applications Begin:April 2021
Final Award:Master of Philosophy (MPhil)
Start Date:February 2022
Academic Unit:Faculty of Commerce
Campus:Middle Campus
Course Type:Master by Coursework & Dissertation
Application Deadline: 31 October 2021
Programme Overview

The African Institute of Financial Markets and Risk Management in association with the Department of Statistical Sciences offers a full-time and part-time MPhil specialising in Financial Technology by coursework and dissertation.

The qualification is intensive and challenging‚ and combines training in financial‚ statistical, and computing skills with a solid understanding of financial markets and financial innovation. It consists of 120 credits of coursework and a 60 credit minor dissertation‚ all of which can be completed within one year.

The primary objective of this Master’s degree is to equip students with the necessary technological, methodological, and research skills for the emerging field of financial technology.

Admission to this degree is open for students from a broad range of backgrounds, but prior coding experience is helpful and a healthy interest in software development is a prerequisite.

Students will graduate with a deep understanding of the core principles of financial systems, and a thorough knowledge of the concepts, tools, and systems of modern information technology.

Upon successful completion‚ candidates should be well equipped for careers in all areas of financial technology in the financial services, and the information technology sector; and to pursue doctoral research within the broad fields of quantitative finance, statistics, and computer science.

The programme has been designed to accommodate students from a wide variety of backgrounds.


Course outline
– Financial Economics
– Databases for Data Scientists
– Statistical & High-Performance Computing
– Financial System Design
– Supervised Learning
– Unsupervised Learning
– Fintech and Cryptocurrencies
– Digital Economics
– Minor Dissertation in FinTech

Admission Requirements

Admission Requirements
– There are limited places on the degree and admission is based on merit. The minimum admission requirements are an NQF level 8 qualification (Honours or four-year equivalent degree).
– Admission is at the discretion of the Admissions Committee and meeting the minimum requirements does not guarantee acceptance.

Application Process
Application Fees for South African & SADC Students: $6
Application Fees for International Students: $18

How to apply
Postgraduate applications are only possible online and must be submitted at

If you need help in completing your application, or advice about your choice of programme, contact:
Tel: (021) 650-2128 or email:
The Admissions Office is located on Level 4, Masingene Building, Middle
Campus, and will where necessary refer you to a faculty office or department for more details information or advice.

Career Opportunities

Some career opportunities are;
– App developers.
– Financial or business analysts.
– Product manager.
– Compliance expert.
– Cybersecurity analyst.
– Data scientist.
– Quantitative analyst.

Tuition Fees Details
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Tuition Fees for South African & SADC Students: $5,293
Tuition Fees for International Students: $5,293

Please note that fees and payment requirements differ for local and international students. A further distinction is made between international students from the SADC region, international students from elsewhere in Africa, and international students from outside Africa. The following information does not apply to students registering at the Graduate School of Business (GSB).

Students must pay the Course Fees for the selected courses, plus an International Admin Service Fee of R4, 000 plus the International Term Fee where applicable
– International Admin Service Fee – R4000
– International Term Fee from outside Africa- R49900
– International Term Fee Non-SADC – R37263
– South Africa and SADC Application fee – R100
– Outside of SADC region – R300

Relevant Contact

Prof. Co-pierre Georg
Programme Convener
Mrs Yasmina Charles
Postgraduate Administrator