Monday, 13 May 2019 22:32

Swinburne, Bendigo Bank partner to deliver FinTech degree

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Swinburne, Bendigo Bank partner to deliver FinTech degree Image Stuart Miles at FreeDigitalPhotos.net

Swinburne University of Technology has partnered with Bendigo and Adelaide Bank to develop and deliver a Master of Financial Technologies (FinTech) degree.

Built on its ongoing partnership with the bank, the degree course is promoted as the first of its kind post-graduate course commenced in Semester One 2019, and is delivered through Swinburne’s Australian Graduate School of Entrepreneurship.

“We are very pleased to have Bendigo Bank on board for this new, bold collaboration that is based on the industry co-creation model which runs across all AGSE postgraduate programs,” AGSE director Alexander Kaiser said.

“This partnership supports Swinburne’s commitment to delivering courses that equip students with cutting-edge industry skills.”

Swinburne’s director of the Master of FinTech, Dr Dimitrios Salampasis, said students would benefit greatly from being taught by leaders in the FinTech space.

“Bendigo Bank will contribute to our students gaining the best of both worlds with industry practitioners — known as pracademics — teaching alongside Swinburne academics,” Dr Salampasis said.

“This practical application provides the ultimate innovative learning experience for our students in terms of relevance and professional exposure to a wide network of capabilities.”

Swinburne says the vision for the Master of FinTech is to meet current and future market demand for skills and qualifications in emerging technologies such as blockchain and artificial intelligence, while helping students translate technological developments into innovative business models.

Dr Salampasis says that due to rapid growth in the industry, the course is centred on real industry cases and immersive learning taught by qualified academics and leading industry practitioners.

“Our approach to FinTech education encompasses the applied study of data-oriented, smart technologies and provides our students with comprehensive knowledge and specific, functional skills," he said.

“Partnering with Bendigo Bank allows us to move beyond the hype and develop a cutting-edge FinTech curriculum. Guest speakers, real-life case studies, on-site events, access to data, work-integrated learning and applied projects are just a few of the opportunities to arise from this co-creation model.”

Head of University Partnerships at Bendigo Bank, David Tudor, said its FinTech partnerships, innovation and strategic tertiary education partnerships, were proof of the bank’s Australian FinTech leadership.

“The advent of this new, hands-on Master of FinTech course will equip Swinburne students with practical skills and real-world experiences which they can draw on to accelerate their learning and career development," he said.

“The co-designed and co-delivered course will also help us build on our own knowledge base and internal capability, improve productivity and customer experience, and assist in accelerating our vision to be Australia’s bank of choice.”

This collaboration follows the launch of a Community Bank at Swinburne, which will invest banking profits into projects, scholarships, clubs, and research at Swinburne.

Swinburne’s vice-president (Engagement), Jane Ward, said she believed the partnership with Bendigo Bank reflected the university’s strong commitment to innovating and creating positive social change.

“We seek partnerships where our values align and where there is ample opportunity to benefit our community through funding, research, student placements or other co-created projects," she said.

“Bendigo Bank’s strategic partnership with Swinburne is part of the continuing evolution of the Bendigo Community Bank model and represents a further opportunity to strengthen our partnership with a leading Australian education institution and share value by feeding into the prosperity of the tertiary education sector.”

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