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Master of Applied Finance (Financial Technology)
Duration
18 - 24 months
12 subjects
Classes commence
September (Autumn) |
January (Winter) |
April (Spring) |
Fees*
AED 9,415.35 / USD 2,565 per subject
*VAT 5% inclusive
The financial technology (FinTech) sector is transforming the financial services industry, driving innovation across banking, investments, and digital payments. Rapid advancements in blockchain, algorithmic trading, and financial data analytics are reshaping how businesses, financial institutions, and governments operate. As technology continues to disrupt traditional models, the demand for professionals who can bridge finance and technology is rapidly growing.
The Master of Applied Finance – Financial Technology at the University of Wollongong in Dubai (UOWD) equips professionals with the skills to lead the FinTech industry. This specialised program combines core financial principles with advanced technological applications, providing expertise in blockchain technology, digital banking, algorithmic trading, and financial data analytics. By integrating finance and technology, the program enables graduates to identify opportunities for innovation, improve financial processes, and develop solutions for real-world challenges.
Designed in collaboration with leading financial institutions and technology companies, the program offers an industry-aligned curriculum that ensures practical, job-ready skills. Graduates will be well-positioned for roles such as FinTech Business Analyst, FinTech Product Manager, Digital Banking Specialist, and Financial Technology Consultant. Whether advancing in financial services or transitioning into the FinTech sector, having a deep understanding of financial technology is essential. UOWD's Master's degree in Applied Finance (FinTech) provides the expertise and global recognition needed to succeed.
Students applying for a master's degree must have completed a bachelor's degree (or equivalent) at an accredited institution of higher education and have achieved the minimum grades outlined below:
Country | Direct Admission | Probationary Entry* GPA 2.5-2.99 or equivalent |
Conditional Entry** GPA 2.0-2.49 or equivalent |
---|---|---|---|
Australia | 65% | 57% | 50% |
Brazil | 7/10 | 6/10 | 5/10 |
China | 75% | 63% | 50% |
Colombia | 3.5/5 | 3.25/5 | 3/5 |
Egypt | 65% (Good) | 57% | 50% (Pass) |
India | 50% | 45% | 40% |
10 Point System: 7.0/10.0 | 10 Point System: 6.0/10.0 | 10 Point System: 5.0/10.0 | |
4 Point System: 3.0/4.0 | 4 Point System: 2.5/4.0 | 4 Point System: 2.0/4.0 | |
Iran | 14 | 13 | 12 |
Japan | 70/100 or 4/5 | 65/100 or 3.5/5 | 60/100 or 3/5 |
Jordan | 70% | 60% | 50% |
Kenya | 50% | 45% | 40% |
Lebanon | 11 | 10.5 | 10 |
Mexico | 8/10 | 7/10 | 6/10 |
Nepal | 50% | 45% | 40% |
Nigeria | 50% | 45% | 40% |
Pakistan | 50% | 45% | 40% |
Russia | Average of 4 | Average of 3.5 | Average of 3 |
South Korea | 80/100 | 75/100 | 70/100 |
UAE | 3 | 2.5 | 2 |
UK | 2nd Class Honours with lower division (or min 50%) | 45% | Pass (or min 40%) |
USA | 3 | 2.5 | 2 |
* Applicants with a bachelor’s degree in the relevant field of study, or its equivalent, with an overall GPA between 2.5 and 2.99 (on a 4.0 scale) may be conditionally admitted to a master’s program, only if they meet the necessary english language requirement. Such students must take a maximum of 18cp of subjects studied for the master’s degree during the period of conditional admission and must achieve an overall WAM of 55 in their first 3 subjects at the University. Students who fail to achieve this standard may have their enrolment discontinued.
** Applicants with a bachelor’s degree in the relevant field of study, or its equivalent, with an overall GPA between 2.0 and 2.49 (on a 4.0 scale) may be conditionally admitted to a master’s degree, only if they meet the necessary english language requirement and they will be required to complete a maximum of 18cp remedial non-credit bearing subjects prior to enrolment in their chosen Master’s degree. Students must achieve a minimum WAM of 55 in these subjects in order to progress to the master’s degree or may have their enrolment discontinued.
Note:
[1] Unless otherwise stated, the entry requirements above are based on Section I institutions. Further details on alternate entry requirements can be obtained by contacting the Admissions department.
[2] The Master of Applied Finance is an advanced degree for students who have a recognised bachelor’s degree in Business, Engineering, Maths or IT related specialisation.
At UOWD, all classes are taught in English and in order to enrol in a master's degree you will need to submit one of the following certificate of English language proficiency:
English Language Test | Entry Score |
---|---|
IELTS Academic |
Overall score of 6.0 with 6.0 in Reading and Writing and 5.0 in Listening and Speaking |
TOEFL Internet based |
79 with not less than 20 in Writing, 18 in Reading, 17 in Listening, 16 in Speaking |
TOEFL Computer based |
213 with a 4.0 TWE/Essay Writing |
TOEFL* International paper based |
550 with a 4.0 TWE/Essay Writing |
EmSAT Achieve English |
1400 |
Note: Students who have achieved an overall Academic IELTS score of 6, but with a minimum of 5 in reading and writing for their relevant program, may opt to take Academic Writing as an additional subject during their first semester at an additional fee of AED 1,050/USD 286. A 50% pass rate is required to clear the post enrolment condition. Alternatively, the student may opt to retake the IELTS test.
* Students admitted under this criterion must complete the test at AMIDEAST.
If you are seeking credit for prior learning, you will need to submit an official academic transcripts showing all courses studied and the grades obtained, syllabus details (including information on course content) for the courses you have successfully completed and an explanation of the grading system. Your eligibility for Credit for Prior Learning will be decided in consultation with UOWD's Faculty Offices prior to the beginning of the program.
To make an application for your chosen program, complete the online application form and submit it along with all your supporting documentation (see below) prior to the application deadline.
Late applications may be accepted subject to the availability of places but applicants are encouraged to apply as early as possible.
The following records are required to process your application. Please ensure that all these documents accompany your UOWD application for admission form submittal:
- The original transcripts of your bachelor’s degree results
- A Certificate of Completion
(If the above documents are not in English, a certified English translation is required)
- Proof of your english language proficiency
(Note: Results from IELTS & TOEFL tests must be sent to the University directly from the IELTS or TOEFL testing centres quoting the UOWD institution code IELTS: AE109 / TOEFL: 7907)
- Your current resume or CV
- A copy of your UAE ID card (if applying from within the UAE)
- A copy of your passport (and Residence Visa, if resident in the UAE).
Additionally, if you are seeking advance standing in your chosen program:
- Certified copies of official academic transcripts showing all courses studied and grades obtained, syllabus details (including information on course content) of the courses you successfully completed and an explanation of the grading system.
Applications are required to obtain attestation / equivalency of their bachelor’s degree from the UAE Ministry of Education. The attestation / equivalency process is dependent upon whether you completed your bachelor’s degree within the UAE or outside the UAE.
If the bachelor’s degree was completed outside UAE, you must have your bachelor’s degree and transcripts/mark sheets certified by:
- The issuing University and/or recognised authority for tertiary education in the host country in which you completed your education
- The Ministry of Foreign Affairs in the host country
- The UAE Embassy in that host country OR the Embassy of the host country in UAE must attest the authenticity of the documents and attestations.
Additionally, the UAE Ministry of Education must issue an Equivalency Certificate. Applicants must have a valid UAE residency visa when applying for an Equivalency Certificate. In special cases where complying with conditions (2) and (3) are not feasible, the certificates may be verified against originals by Embassies in the UAE and the UAE Ministry of Foreign Affairs.
If you are unable to secure the Equivalency Certificate(s) as outlined above will be asked to sign a “Consent to Provide Documents” form agreeing to secure the equivalency. You will be permitted to commence your studies at UOWD, but will be given a maximum of one semester to obtain the equivalency certificate(s). UOWD reserves the right to take appropriate action against any applicant who cannot secure the appropriate documentation in this time, which may result in the termination of the student’s enrolment at UOWD.
For more information or assistance on attesting documents from outside UAE, click here.
Program Structure
The requirement to graduate from a single specialisation MAF program is twelve (12) subjects. To complete this program, it will normally take you five or six trimester (based on 3 mandatory intake per year where you take 2 subjects). At this rate, the degree can be completed within two years or less. If you take 2 subjects per mandatory trimester, you can fast-track your degree and complete the program in four or five trimester.
Program Core Subjects
Specialisation Core Subjects
Research Capstone Project
Elective Subjects
Choose an additional TWO Elective Subjects from the approved list below.
To enhance practical learning and provide students with hands-on experience, this subject offers realistic stock market simulations. Through these simulations, students actively engage in trading shares, options, bonds, managed funds, and international stocks. We introduce students to the functioning of financial markets, order placement techniques, effective trading strategies, and portfolio theory. By immersing themselves in live markets, students develop essential skills to effectively bridge the gap between theoretical concepts taught in the classroom and their real-world application.
Program Outcomes
The Program learning outcomes for the Master of Applied Finance program and the major in Financial Technology is provided below:
- Integrate technical, theoretical and industry knowledge as it relates to the operation of the organization of and participation in local and international finance.
- Critically apply technical, theoretical and industry knowledge and skills to propose solutions to routine and/ or emerging problems in finance.
- Exercise professional judgement to propose solutions to problems in diverse contexts using economic, finance, regulatory and ethical perspectives.
- Communicate appropriately in oral, written and visual forms with relevant stakeholders.
- Work appropriately with others in order to achieve outputs relevant to finance.
- Conduct an applied research project.
- Reflect on performance and feedback to identify learning opportunities and self-improvement.
Financial Technology concentration Learning Outcomes
In addition to the Master of Applied Finance learning outcomes, students will be required to meet the following proposed learning outcomes for this major, which is as follows:
- PLO1: Inspect a variety of financial assets and range of investment scenarios using analytical tools and processes for financial and investment decisions.
- PLO2: Apply financial technology strategies grounded in responsible professional practice and principles of sustainability.
- PLO3: Propose effective technology-based solutions, employing rigorous analysis and critical evaluation.
- PLO4: Explain the complex relationships between investors, financial institutions, regulators, and markets across a range of investment and financing contexts.
- PLO5: Apply knowledge effectively in financial technology to make informed decisions.
Accreditation and Recognition
All degrees at the University of Wollongong in Dubai are accredited by the Commission for Academic Accreditation (CAA) of the UAE Ministry of Education and are licensed by the Knowledge and Human Development Authority (KHDA). In addition, the degree is quality assured by UOW, which is registered with the Tertiary Education Quality and Standards Agency (TEQSA), the national regulator of the higher education sector in Australia.
Also, all business degrees of the University of Wollongong are accredited by The Association to Advance Collegiate Schools of Business (AACSB).
Students will be issued a UOW Australia degree upon graduation.


Professional Accreditation
Association to Advance Collegiate Schools of Business (AACSB)
The Association to Advance Collegiate Schools of Business (AACSB) provides an international seal of approval for business programs that ensures the educational needs of students are met through high quality, continuous improvement and excellence in education. This globally recognised accreditation has been awarded to only the top five percent of the world’s business schools.

Dr Haroon Khan
Associate Professor
Discipline Leader (Finance & Accounting)
Dr Haroon Khan is an associate Professor and the Finance Program Director in the University of Wollongong in Dubai.
He received his PhD in 2011 from IAE, Graduate School of Management, Aix-en-Provence, & ESSEC, Paris, France, with specialisation in Strategic and Entrepreneurial Finance.
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