Financial technology

University of Missouri-St. Louis
Master of science
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Master of science

Keep pace and drive innovation in the rapidly evolving financial sector. Designed for a data-driven world, the online master of science in financial technology from the University of Missouri-St. Louis (UMSL) not only questions what’s next but graduates professionals prepared to advance the industry.

As one of the country’s few online fintech degree programs, UMSL’s online master’s in financial technology begins from a familiar place before pivoting to financial modeling, analytics and current tools. Understand the role of blockchain technology, artificial intelligence (AI), mobile payment systems, robo-advising and big data while accessing multiple experiential learning opportunities to practice what you just learned. This approach positions you to surge ahead toward a higher-paying finance career or to champion new technologies and spearhead implementation in your existing organization.

Quick facts

Official name

Master of science in financial technology

Campus

University of Missouri-St. Louis

Program type

Master's degree

Academic home

College of Business Administration | Department of Finance and Legal Studies

Delivery mode

100% online

Accreditation

Higher Learning Commission, Association to Advance Collegiate Schools of Business (AACSB International)

Credit hours

30

Estimated cost

$23,070.00

*This cost is for illustrative purposes only. Your hours and costs will differ, depending on your transfer hours, your course choices and your academic progress. See more about tuition and financial aid.

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Career prospects

Spark innovation from within a diverse array of organizations in and involving the finance industry, including banks, brokerage houses, hedge funds, trading exchanges, health care, regulatory and compliance organizations, insurance and big tech. Nationally, the Bureau of Labor Statistics estimates strong to explosive growth of related roles over the next decade, including 8% greater demand for financial analysts and 16% more positions for financial managers.

Potential job titles include:

  • App developer
  • Artificial intelligence expert
  • Blockchain expert/developer
  • Data analytics expert 
  • Financial analyst
  • Financial manager 
  • Financial planner
Burning Glass Technologies. 2021. Salary numbers and employment growth numbers are based on models that consider advertised job posting salary, Bureau of Labor Statistics data and other proprietary and public sources of information for multiple occupations.
6%
Employment growth
ZipRecruiter. 2022. Salary numbers are based on models that consider advertised job posting salary.
$112,677
Average annual salary

About the online master’s in financial technology

We’ve all been exposed to the fintech sector in some form — from online or mobile banking to stock predictions. Beyond these glimpses, the automation and pace of emerging or evolving financial technologies result in faster, more efficient, more affordable and more secure services. In response to this shift, traditional institutions have started investing in financial technologies — from implementing applications to improve operations and customer experience to harnessing the vast possibilities of big data.

UMSL’s online master’s in financial technology exposes you to key tools and the roles they play in the present. From an introduction to models and theories, the program dives into the industry-specific functions of data analytics, AI, machine learning and other technologies to equip you to meet the financial needs of future generations.

Along with this introduction, a strong hands-on component highlights what to expect in the real world. Access the Refinitiv Workspace — a tool currently employed by leading firms — to practice computations based on real-time data on stocks, bonds, interest rates, foreign exchange rates and environmental, social and governance (ESG) scores. The program further complements this experience with guidance regarding internships.

All together, this mix of traditional financial know-how, exposure to evolving technologies and applied learning:

  • Prepares you to help others make informed financial decisions in relation to risk tolerance
  • Highlights financial industry-specific uses of AI, machine learning, blockchain technology and data analytics
  • Equips you to advance the infrastructure of trust and portfolio management, securities and other business models
  • Reflects job shifts and skill demands within the financial sector
  • Is taught by instructors and researchers holding degrees from the world’s top institutions

Program structure

The online master’s in financial technology requires 30 credit hours covering a core of traditional theories and fintech concepts. Students then customize their course of study toward their interests and potential career paths via electives. With a focus on financial services or corporate finance, explore topics in investments, real estate, markets, venture capital and international business, among other areas.

With classes entirely online, the master’s in financial technology requires no campus visits and uses a semester structure. Students typically take three courses each semester and finish in one to two years.

 

Course work includes

The core sequence goes over:

  • Topics in corporate finance, including asset pricing, risk and return, capital structures and investment decisions
  • Modeling and data analytics in finance
  • Financial forensics, risk management and speculative market conditions
  • Blockchain, cryptocurrency, big data, machine learning, robo-advisers and algorithmic trading
  • Financial data analytics, including Python and R programming and visualizations

Review all requirements for the online master’s in financial technology.

Delivery

100% online

Calendar system

Semester based

Typical program length

1.5 years

Typical course load

3 courses per semester

Accreditation

The University of Missouri-St. Louis is accredited by the Higher Learning Commission, one of six regional institutional accreditors in the United States.

The College of Business is accredited by Association to Advance Collegiate Schools of Business (AACSB International).

Faculty spotlight

Nasser Arshadi, PhD

Nasser Arshadi teaches the blockchain course for this program. Dr. Arshadi earned his Ph.D. in financial economics from the University of Nebraska-Lincoln. He is published extensively in leading economics and finance journals on blockchain, capital markets and the microeconomics of corporations, with an emphasis on assessing and managing risk. He has published two books on financial intermediation and insider trading. He is senior editor of “Technology and Innovation,” the National Academy of Inventors journal. He also serves on the editorial board of Public and Municipal Finance.

Dr. Arshadi has served as an economist and policy analyst at the Board of Governors of the Federal Reserve System in Washington, D.C., and as a consultant to the American Bankers Association, Treasury Management Association, Securities Industry Automation Corporation, Deutsche Financial Services and Commerce Bancshares. He is a member of the Center for Emerging Technologies board of directors, serving on its executive committee.

Nasser Arshadi, PhD
Professor and Chair, Department of Finance and Legal Studies
Yiuman Tse, PhD

Yiuman Tse teaches the Introduction to Fintech and Seminar in Fintech courses. Dr. Tse earned his MBA from SUNY-Binghamton and Ph.D. from Louisiana State University. His research interests are international investments and financial markets. He has published articles in Review of Financial Studies, Journal of Financial and Quantitative Analysis, Journal of Econometrics, Management Science and others. Dr. Tse has received teaching awards from different universities, including the 2006 President’s Distinguished Achievement Awards for Teaching Excellence at The University of Texas at San Antonio. He is a CFA charterholder and certified Financial Risk Manager.

Yiuman Tse, PhD
Endowed Professor, Department of Finance and Legal Studies
Tim Dombrowski, PhD

Tim Dombrowski teaches the Financial Data Analytics and Artificial Intelligence courses. He has a Ph.D. from Louisiana State University with a major in finance, minor in economics and graduate certificate in econometrics. His research focuses on a variety of topics across real estate finance, including risk management in mortgage markets, flood insurance markets and innovations in financial technology. He has published articles in the Journal of Real Estate Finance and Economics, Advances in Econometrics, Journal of Housing Research and others. Dr. Dombrowski also takes an active role on campus as the faculty advisor of the Finance Club, which hosts an annual Finance Career Conference, as well as other events.

Tim Dombrowski, PhD
Assistant Professor, Department of Finance and Legal Studies
Hainan Sheng, PhD, CFA

Hainan Sheng teaches the Financial Forensics: The Science of Derivatives course. She is a CFA charterholder and earned her Ph.D. from Texas Tech University. Before getting into academia, Dr. Hainan worked in Seattle, Beijing and Singapore. Her research interests include derivatives, real estate and empirical asset pricing. Hainan has published papers in journals, such as Real Estate Economics, Journal of Business Finance & Accounting, Journal of Real Estate Finance and Economics and Journal of Real Estate Research. She has made multiple presentations at national conferences and also won several best paper awards. She serves as the faculty advisor for the UMSL Student Investment Trust.

Hainan Sheng, PhD, CFA
Assistant Professor, Department of Finance and Legal Studies
David Beverly

David Beverly teaches the Financial Modeling and Computer Applications course. He earned his master’s in computer science from Western Kentucky University. He spent several years working in the financial industry as a director of investments and brings that knowledge to the classroom. He previously taught at Northern Arizona University and worked at Northwestern Mutual. Beverly is currently pursuing a doctorate in business administration at UMSL. His research focuses on uses of financial technology and behavioral finance outcomes.

David Beverly
Assistant Teaching Professor, Department of Finance and Legal Studies

Learn more about this program

This program is administered by the Department of Finance and Legal Studies