BS (Financial Technology)
Those who have taken the HSSC or an equivalent examination and are awaiting result are also eligible to apply. The four-year undergraduate programs of full time study are divided into eight semesters.
FinTech (Financial Technology) is a rapidly growing industry that employs technology to improve financial activity. Through the increasing integration of technology, algorithms, data, and mobile applications, has disrupted the traditional delivery of financial services. FinTech is now regarded as one of the most important industries in the global economy. FinTech has created a surge in demand for people with extensive knowledge of finance, mathematics, programming, analytics, data science, applied statistics, and regulatory and compliance. With recent initiatives such as the formation of Fintech Associations, as well as the flexibility provided by the regulator, there appears to be a strong push to kick-start the country's Fintech Ecosystem and contribute to a conducive environment for Fintechs to thrive in Pakistan. Such trend generated the need of the specialized people for this particular requirement. FAST National University of Computer and Emerging Sciences Islamabad, being the technology-based university, is now a pioneer institution to introduce BS Degree in Financial Technology. This degree program includes not only traditional finance coursework, but also in-depth knowledge and understanding of FinTech theories and evolution, data-driven financial modelling, financial data mining and machine learning, financial data analytics, and new financial innovations such as AI, blockchain, cloud computing, and machine learning. The program's main purpose is to prepare financial professionals with the edge of programming and technological skills which provide competitive edge to students in the market. This program is for students who want to learn how to use modern tools to improve financial activities, create new financial applications, processes, products, or business models.
There are various career paths that can be pursued after completing the FinTech program such investment banking, wealth management, international finance, commercial banking, insurance, information technology, social entrepreneurship, etc. Graduates may work for FinTech startups as well which concentrate on alternative lending, cryptocurrency management, and trading, blockchain technologies, open banking, insurtech, Robo-advisement, machine learning, and data mining applications, and cybersecurity. Some may work for traditional financial services companies, which are in need of staff with technical skillsets to improve existing business practices and/or develop new processes related to technological innovations.Award of Degree
For the award of BS (FinTech) degree, a student must have:
- Passed courses totaling at least 134 credit hours, including all those courses which have been specified as Core courses
- Obtained a CGPA of at least 2.00
- At least 60% marks in SSC (Matric) or an equivalent examination (such as O-levels) AND
- Should have studied for HSSC or an equivalent qualification, for at least two years AND
- At least 50% marks in HSSC or an equivalent qualification
- 50% weight to higher percent score of SSC (or an equivalent exam) OR HSSC (or an equivalent exam) AND
- 50% weight to marks obtained in Admission Test
- Cut-off marks in the NTS-NAT IE, NAT ICS, NAT-ICOM or NAT-IGS exam to be determined by the University