University of Cape Town (UCT) is now the first university on the continent to offer a degree specifically designed to equip students with skills and knowledge in the financial services sector. Bravo!
The new degree is a Master of Data Science with a specialisation in Financial Technology and will be offered for the first time in January 2018. The aim of the degree is to combat the main challenges in the sector such as the rise of modern technology and lack of skilled graduates who are able to take charge.
Since the modern workplace requires a broad set of skills from various disciplines, the new degree is highly interdisciplinary and convened together with the Department of Statistical Science at UCT.
One of the largest demand now is for students who have a thorough understanding of finance combined with a mastery of modern data analytics and software development skills.
For students who want to do the degree full-time, full scholarships will be offered to make sure that nobody will be excluded financially. For those who are already working in the financial services industry , the course is available on a part-time basis as well.
This is great news as this would definitely change the mindset of students. Students can become a bit more financial savvy , get a job straight after uni within the financial services sector or create a job for themselves and for others as well. Well done UCT
!