Master in Fintech & Innovation

A.Y. 2018/2019

The context of this program
Finance is being dramatically transformed. Vikram Pandit, former CEO of Citigroup, and Antony Jenkins, former CEO of Barclays, respectively predict that 30% or 50% of banking jobs may disappear in the next few years because of disruptive technology developments and new business models.

A tsunami is running over the finance industry: as highlighted by the 2017 PwC Global Fintech Report, 88% of incumbents feel their business at risk.

However, Fintech is about creating new opportunities and redefining paradigms in finance, as shown by a number initiatives promoted by institutions such as European Central Bank, European Commission, Federal Reserve Bank, Financial Stability Board and Monetary Authority of Singapore. The Basel Committee on Banking Supervision, in its paper “Implications of fintech developments for banks and bank supervisors” (February 2018), underlined that Fintech speed of diffusion and pace of adoption is arguably higher than the ones of any other wave of innovation of the previous decades. In other words, the impact Fintech will have on the financial system will be unparalleled.

Just like the banking system is being turned upside down, don’t expect education to remain the same. In this new fast changing tech world, it is clear that the skills needed to succeed in finance are changing too.

In recognition of this, LUMSA University and Fintech EduLab are dedicated to reshape education in finance. The Master in Fintech & Innovation is designed to provide students and young professionals with the right skillset and international mindset to lead and contribute to the Fintech revolution.

Why this program?

- International faculty:
You will learn from some of the most recognized global Fintech experts. Your professors and guest speakers come from prestigious Italian universities, top ranked international universities, innovative startups, consulting firms and leading institutions (policy makers, regulators, banks, etc.).

- Curriculum designed with the industry for the industry:
The master’s curriculum has been designed with the support of seasoned banking professionals, visionary entrepreneurs and leading academics.

- Unique networking opportunity and London & Oxford Fintech Tour:
Master in Fintech & Innovation will offer you unique opportunities to network with global leading Fintech companies and experts. Moreover, during the master you will have the chance to join a London & Oxford Fintech Tour in London and in the University of Oxford where you will meet some of the world’s most innovative startups and corporations. The goal of the study trip is to enable students to learn from some of the brightest entrepreneurs, professionals and professors of the world’s Fintech capital.

- Global Careers:
The skills you will acquire in the program and the master’s international network will open you a wide range of global career opportunities.

Master’s partners will offer students internship opportunities in Hong Kong, London, Milan, Tokyo, Berlin, Toronto and Rome.

The Master in Fintech & Innovation has a dedicated career service that can count on a truly global network composed by leading startups, banks and consulting firms and that will support you in landing your dream job.

Learning objectives

  • Gain an in-depth understanding of the global finance ecosystem and its features
  • Be familiar with the business models and applications that are disrupting the financial industry
  • Learn how to draft, execute, and manage financial innovations
  • Acquire the skills to analyze complex data sets
  • Learn how to develop and run Fintech digital marketing campaigns
  • Master the tools to successfully launch your own Fintech startup
  • Understand how regulation is evolving and changing in line with the main technology developments
  • Acquire a global entrepreneurial mindset

Online Format
You can decide whether to follow the lectures in class or online. Each lecture will be live streamed in HD and participants will be able to interact with the instructor through instant messaging. Moreover, each lecture will be uploaded to our e-learning platform and you will be able to watch it in HD any time you want.

About Fintech EduLab
Fintech EduLab is a startup dedicated to shape education in finance. We aim to unlock the potential of Fintech by empowering the next generation of talents. Our programs are designed to equip students with the tools, knowledge, skills and mindset to succeed in the new world of finance. We are supported by a global network of great professionals from leading financial institutions, universities, investors and startups.

Admission Requirements
To  be eligible for admission to the Master in Fintech & Innovation, a candidate must:

  • hold a  bachelor's degree (“laurea triennale” for the Italian system) or higher qualification (e.g. “laurea specialistica” or master’s degree) or being on track to graduate within April 2019 (last useful graduating session of the a.y. 2017/2018);
  • hold one of the following English language certificates.
    - Cambridge test (minimum level B2) or
    - IELTS (minimum grade 6.5) or
    - TOEFL (minimum grade 85).

If you hold a bachelor's degree entirely taught in English, you are exempted from providing the above English language certificate.

Applicants not holding a certificate can still apply and, upon conditional offer, will be assessed by an English Knowledge Interview.

Career Opportunities
Main career opportunities are as follows:

  • Fintech Entrepreneur
  • Technology/Financial Services Consultant
  • Business Development Manager
  • Innovation Manager
  • Data Analyst
  • Digital Marketing Professional
  • Community Manager

Who is this program for?

Young professionals or graduate/graduating students (Bachelor's degree – “Laurea Triennale”; Master of Science’s degree - “Laurea Magistrale”; or equivalent) in:

  • Finance, Economics, Business and Management
  • Mathematics, Statistics, Physics, Computer Science and Engineering
  • Law
  • Social and Political Sciences

Degree issued
Students will receive the degree of Master in Fintech & Innovation (“Master di primo livello”). In order to graduate students are required to attend at least 80% of the classes, successfully pass all examinations and complete one of the following: internship, project work, research project or startup project.

Department of Law, Economics, Politics and Modern Languages

Director
Claudio Giannotti - Professor of Banking and Finance at LUMSA University

Advisor
Aldo V. Pecora - Journalist & Fintech Expert

Scientific committee:

  • Alberto Adorini – Head of Strategy & Business Development at Fabrick
  • Pasquale Ambrosio - Associate Partner KPMG & Fintech Leader
  • Giuseppe Argirò – Head of Digital Innovation for SME and Corporate at Intesa Sanpaolo
  • Rym Ayadi – Professor of International Business and Finance, Director of IRCCF at HEC Montreal and Professor at CASS Business School, City University of London and Member of the Centre of Banking Research (CBR)
  • Alessandro Carretta – Professor of Banking and Finance at University of Rome Tor Vergata
  • Gianluca D'Imperio – Group CIB Compliance at UniCredit
  • Giovanni Ferri – Deputy Rector and Director of Studies at LUMSA University
  • Umberto Filotto – Professor of Banking and Finance at University of Rome Tor Vergata
  • Valentina Finazzo – Compliance Digital Advisory & Coordination at UniCredit
  • Norbert Gehrke - General Manager at Advanced Blockchain AG, Adjunct Lecturer at NYU SPS Tokyo
  • Claudio Giannotti – Professor of Banking and Finance at LUMSA University
  • Filippo Giordano – Msc in Management and Finance Program Director at LUMSA University
  • Alessandro Giosi – Professor of Management at LUMSA University
  • Alessandro Longoni – Head of Fintech District
  • Raffaele Mauro – Managing Director at Endeavor Italy
  • Paolo Meola – Co-Founder & CTO at Instilla
  • Olivier Motte - Sole Director at Phileuropa limited - Hong Kong, former Asia Pacific Head of Conduct Compliance at ‎HSBC
  • Tram Anh Nguyen – Co-Founder at CFTE, Industry Fellow at Imperial College London
  • Aldo V. Pecora - Journalist & Fintech Expert
  • Gianni Pola – Head of Systematic Strategies & Quant Research at Anima SGR
  • Maurizio Raffone – Co-Founder & CEO at Finetiq, Fintech Advisor at AdvisingAsia
  • Raffaele Zenti – Co-Founder at VirtualB S.p.A./AdviseOnly

Key facts:

  • Maximum intake: 50 students
  • Minimum intake: 20 students
  • Program Structure:
    a )In-class lectures and online
    b) Fintech Tour in London and University of Oxford
    c) Internship / Project Work / Research Project / Startup Project
    d) Final dissertation
  • Language: English

Foundations of Banking and Fintech (48h) 6 ECTS
The course aims to set the foundation knowledge of banking and Fintech, guiding students through the main features of financial intermediaries, services and markets and the major drivers disrupting the financial industry. The course will provide a ground understanding of bank’s activities, payment services, asset management and financial consulting.  
Furthermore, students will join CFTE's Fintech foundation course "Around Fintech in 8 hours", which features leading industry experts, Fintech CEOs, heads of innovation and investors that will lead student through the major Fintech concepts. Each student will also receive a certified CFTE Certificate of Completion.

New Technology Trends (24h) 3 ECTS
The course provides students with an overview of some of the latest trends in technology dramatically changing the finance landscape and leading some of the main challenges the finance industry is facing. The course will cover topics including cloud solutions, internet of things and cybersecurity.

Fintech and the Future of Finance (42h) 6 ECTS
The course provides students with the latest empowering and practical knowledge on Fintech, enabling them to understand the key forces that will redefine the paradigms of finance as well as the players and business models that could transform the financial industry. The course will examine a broad range of areas such as artificial intelligence, blockchain, cryptocurrencies, challenger banks and many more.

Customer Base Acquisition in Fintech (36h) 5 ECTS
The course aims to present the main theoretical principles behind customer base acquisition in Fintech companies. During the course, students will understand how to create a customer acquisition process, how to optimize it and will be introduced to the use of some of the most common media channels in nowadays digital marketing strategies. Students will be guided through the following topics: target identification, conversion marketing economics, web analytics and performance analysis etc.

Customer Engagement & Retention in Fintech (18h) 2 ECTS
The course provides students with the skillset to perform a life-time value analysis as well as create strategies and use techniques to engage and retain users. Students will be exposed to some of the opportunities new technologies are bringing to digital marketing. The course will cover topics including machine learning and marketing automation, LTV, segments profitability analysis, people analytics.

Brand Image, Awareness & Reputation in Fintech (24h) 3 ECTS
The course aims to present the reasoning behind the creation of a trustful and reliable brand in the Fintech industry, as well as to show how to manage corporate reputation on nowadays digital media. The course will analyze themes such as crisis management and communication on social media.

Product and Service Design for Fintech (24h) 3 ECTS
The course aims to present different (and complementary) approaches to product and services design used in the Fintech industry. Moreover, students will be presented some case studies of successful Fintech companies and discover the path toward the creation of their products/services. Topics like buyer persona analysis, lean startup approach and user experience design will be covered.

Data Science (48h) 6 ECTS
The course introduces students to machine learning techniques, guiding them through all the main algorithms, both supervised and unsupervised as well as linear and non-linear, and analyzing the best practices related to model selection. Furthermore, a focus on more advanced topics such as deep learning and its applications to textual data analysis (natural language processing) is proposed.

London & Oxford Fintech Tour
The Master in Fintech & Innovation includes a study trip in London and at the University of Oxford, where students will have the chance to meet Fintech experts and some of the world’s most innovative startups.
The goal of the study trip is to enable students to both learn from some of the brightest entrepreneurs, professionals and professors of the world’s Fintech capital and widen their global network.

Entrepreneurship in Finance (36h) 5 ECTS
This course aims to provide students with both practical and theoretical foundation tools to become successful entrepreneurs in finance. Visionary entrepreneurs, CEOs and investors will share all the key elements to deal with business idea generation, pitching, business planning, business modeling and financing.

Regulation, Compliance, and Regtech (24h) 3 ECTS
The course gives a comprehensive overview of both Fintech regulation and compliance and examines how they are evolving. Also, the course will explain the Regtech ecosystem and how it is changing the way institutions think of regulatory reporting, compliance and monitoring. Students will become familiar with hot topics such as PSD2, GDPR, KYC etc.

Students will be required to choose one of the following:
a) Internship 15 ECTS
b) Project Work 15 ECTS
c) Research Project 15 ECTS
d) Startup Project 15 ECTS

Final Dissertation 3 ECTS

  • Alberto Adorini – Head of Strategy & Business Development at Fabrick
  • Pasquale Ambrosio - Associate Partner KPMG & Fintech Leader
  • Giuseppe Argirò - Head of Digital Innovation for SME & Corporate at Intesa Sanpaolo
  • Rym Ayadi - Honorary Professor at CASS Business School & Member of the Centre for Banking Research at City University of London
  • Janos Barberis - Founder of SuperCharger Fintech Accelerator
  • Claudio Bedino - Co-Founder & COO at Oval Money
  • Angelo Daniele Blancato - Chairman at BorsadelCredito.it
  • Giovanni Buono - CEO of Housers Italia and Housers International
  • Paola Cerchiello - Professor of Statistics & Big Data Analysis at Universita’ di Pavia
  • Federico Cinque – Co-Founder & CEO at Fintech EduLab
  • Alessandro Di Lullo – Co-Founder & Head of Education at Fintech EduLab
  • Gianluca D’Imperio - Group CIB Compliance at UniCredit
  • Francesco Felicetta - ICT Brand Manager at ELIS.Org
  • Roberto Ferrari - Chairman at ClubDealOnline, former Chief Digital & Innovation Officer at Mediobanca
  • Michele Foradori - Investment Manager at BlackFin Capital Partners
  • Mariano Gambaro - Head of Advisory Business Model at Banca Finnat Euramerica
  • Norbert Gehrke - General Manager at Advanced Blockchain AG, Adjunct Lecturer at NYU SPS Tokyo, ex Managing Director at Goldman Sachs
  • Claudio Giannotti - Director of Department of Law, Economics, Politics and Modern languages at LUMSA University & Director of the Master in Fintech & Innovation
  • Carlo Giugovaz - CEO & Founder of Supernovae Labs
  • Marcello Gomitoni – Co-Founder & Head of Research at Fintech EduLab
  • Elena Lavezzi - General Manager Italy at Circle
  • Giordano Lombardo - Co-Founder & Chairman at Rationis, former CEO of Pioneer Investments
  • Raffaele Mauro - Managing Director at Endeavor Italy
  • Paolo Meola - Co-Founder, Chairman & CTO at Instilla
  • Orlando Merone - Business Development & Partnership Lead Italy at Circle),
  • William Metcalfe - Co-Founder at Curvegrid, ex CTO of Gilt Groupe Japan
  • Olivier Motte - Sole Director at Phileuropa limited - Hong Kong, former Asia Pacific Head of Conduct Compliance at ‎HSBC
  • Tram Anh Nguyen - Co-Founder of CFTE, Industry Fellow at Imperial College London, former Associate Director at UBS Wealth Management
  • Huy Nguyen Trieu - Co-Founder of CFTE, CEO of The Disruptive Group, former Managing Director at Citi
  • Alessandro Onano - CMO at Moneyfarm
  • Nazarena Parenti - UX/UI e PSS Designer at Instilla
  • Emanuele Mario Parisi - Business Manager to Head of Central Eastern Europe Retail division at UniCredit
  • Aldo V. Pecora - Journalist & Fintech Expert
  • Alvise Perissinotto - Managing Director at financeAds
  • Nicolò Petrone - Head of Europe at Medici
  • Alessio Pisa - Co-Founder & CEO at Instilla
  • Gianni Pola - Head of Systematic Strategies & Quant Research at Anima SGR
  • Maurizio Raffone - Co-Founder & CEO at Finetiq, Fintech Advisor at AdvisingAsia
  • Giulio Rattone – Head of Platform Product Development at Fabrick
  • Gionata Rogiani – Co-Founder & CTO at Fintech EduLab
  • Matteo Rossanigo - Head of Group Organization at Banca Sella Holding
  • Filippo Sanesi - Innovation Scout & Executive in Residence at Ergo Innovation Hub London, ERGO Group
  • Emanuele Seghetti - CMO at Instilla
  • Jeff Wentworth - Co-Founder of Curvegrid, former Vice President at Goldman Sachs
  • Raffaele Zenti - Managing Partner & Co-Founder of Virtual B

Location
LUMSA University,
Via Pompeo Magno 22
00192 Rome

Duration
10 months

Period
January 2019 - November 2019

Master’s Calendar
A detailed calendar of the Master’s lessons will be published soon

In order to fulfill the master requirements, students have to choose one of the following:

Internship:
Students will have the chance to join one of the international master’s corporate or education partners for an internship. Thanks to its global network, the Master in Fintech & Innovation will offer its brightest students internship opportunities in Hong Kong, London, Milan, Tokyo, Berlin, Toronto and Rome in leading startups, financial institutions and consulting firms.

Project Work:
Students will be asked to work on a task-based assignment. The Project Work addresses real business issues and will be realized in collaboration with a sponsor company.

Research Project:
Students undertaking the Research Project need to prepare a research paper on an advanced Fintech related topic. The project is recommended for students with a strong interest in research. The project can be realized in collaboration with a sponsor company.

Startup Project:
Students will be required to apply the knowledge and tools acquired in class to create a detailed and comprehensive business plan outlining all the key elements necessary to properly set up a successful business.

Master’s international partners are keen on talking with you about job opportunities (internship or full time employment) and the Master's career service will connect you with a wide range of international players. The Master in Fintech and Innovation can rely on a dedicated career service team whose mission is to support Master’s students in their job search.

Tuition fee
€ 8,516 (for all students) - to be paid in 3 installments as follows:

  • € 3000 +  €16 stamp duty upon enrolment
  • € 3000  by December 2018
  • € 2500 by March 2019

Admitted students will receive further details about the tuition fee payment.

Scholarship:
Partial scholarships will be offered to outstanding successful applicants. Applications will be selected on a rolling basis and both academic and professional merit will be considered. Applicants do not need to apply separately for scholarships.

To participate in the selection, follow the information below. Students who pass the selection will be able to enroll according to the procedures that will be communicated.

Application Deadline

Application must be sent to fintech@lumsa.it before 14 January 2019. However, you are strongly encouraged to apply early as we review applications on a rolling basis.
There are six rounds of application, at the end of which successful applicants will be notified with the instructions to enroll in the program.
1st Round Deadline: Sunday 17 June 2018 (h 23:59)
2nd Round Deadline: Sunday 29 July 2018 (h 23:59)
3rd Round Deadline: Sunday 16 September 2018 (h 23:59)
4th Round Deadline: Sunday 14 October 2018 (h 23:59)
5th Round Deadline: Sunday 2 December 2018 (h 23:59)
6th Round Deadline: Monday 14 January 2019 (h 23:59)

Application Form

 

Application form should be sent to fintech@lumsa.it for the selection.

 

Application documents to attach:

  • Curriculum vitae et studiorum
  • Motivation letter
  • Copy of your bachelor’s degree1 if you have a master’s degree, please attach both the certificates) along with official transcript of records of all your degrees1,2, or in case you have not graduated yet3
  • A certified statement from your university confirming that you are in the last year of your undergraduate studies along with official transcript of records2
  • One of the following English language certificates.
    - Cambridge test (minimum level B2) or
    - IELTS (minimum grade 6.5) or
    - TOEFL (minimum grade 85).
  • One copy of the ID Card/Passport
  • A copy of the Fiscal code (if any)

1 For Italian students: self-certification.
2 All submitted documents must be in English or Italian
3 Students not yet graduate and on track to graduate within April 2019 (a.y. 2017/2018) are welcomed to apply: if the selection is passed, and all the other requirements fulfilled, graduating candidates will be admitted “with reserve” to attend the Master’s program. Under penalty of forfeiture, they must promptly notify to Segreteria LUMSA Master School the successful completion of the qualification, which must take place within April 2019 (last useful graduating session of the a.y. 2017/2018).

If you hold a bachelor's degree entirely taught in English, you are exempted from providing the above English language certificate.

You may also upload a screen print with your test results (from the test organization’s website).

Applicants not holding a certificate can still apply and, upon conditional offer, will be assessed by an English Knowledge Interview.

We carefully consider each application on an individual basis, taking into account all the information provided on your application. We do not look just for high grades but rather for well-rounded and motivated students.

We are happy to help you in submitting a top application.
If you need any support with your application, please email us at fintech@lumsa.it.

Enrolment form
Only those applicants who have been formally offered a place in the program are required to download the Enrolment form complete the enrolment procedure within 15 days from the offer notification date.

Enrolment form should be sent to fintech@lumsa.it.

Enrolment documents to attach:

  • Copy of the Receipt of the first installment (refundable only in case the program is not activated) to be paid via bank transfers as follows:

EUR 600 to LUMSA – UBI BANCA SPA – IBAN IT 57 B 03111 03226 000000005620 [1]
EUR 2,400 to FINTECH EDULAB SRL – IBAN IT 43 R 03015 03200 000003646756
(please specify First Name, Family Name, and Master in Fintech & Innovation)

  • Receipt of the Web registration (Registrazione anagrafica for Italian students) on LUMSA website (not needed for LUMSA graduates)
  • Picture (JPEG) with the following characteristics: recent and clear close-up photo, width of 35-40 mm; HD, clear and plain background, max 5 Mbyte.

     

Contacts
Alessandro Di Lullo
Head of Education & Co-Founder at Fintech EduLab
Master in Fintech & Innovation Program Manager
fintech@lumsa.it
For enquiries: fintech@lumsa.it

Administrative information
Segreteria LUMSA Master School

Headquarters: Via di Porta Castello, 44 - 00193 Rome, Italy
Office hours: Tuesday 15:00-17:00; Friday 12:00-14:00
Phone office hours: Wednesday and Thursday 12:30-13:30
Mail: perfezionamento@lumsa.it
Tel: +39 06 68 422467

Goals and admission requirements: 

A.Y. 2018/2019

The context of this program
Finance is being dramatically transformed. Vikram Pandit, former CEO of Citigroup, and Antony Jenkins, former CEO of Barclays, respectively predict that 30% or 50% of banking jobs may disappear in the next few years because of disruptive technology developments and new business models.

A tsunami is running over the finance industry: as highlighted by the 2017 PwC Global Fintech Report, 88% of incumbents feel their business at risk.

However, Fintech is about creating new opportunities and redefining paradigms in finance, as shown by a number initiatives promoted by institutions such as European Central Bank, European Commission, Federal Reserve Bank, Financial Stability Board and Monetary Authority of Singapore. The Basel Committee on Banking Supervision, in its paper “Implications of fintech developments for banks and bank supervisors” (February 2018), underlined that Fintech speed of diffusion and pace of adoption is arguably higher than the ones of any other wave of innovation of the previous decades. In other words, the impact Fintech will have on the financial system will be unparalleled.

Just like the banking system is being turned upside down, don’t expect education to remain the same. In this new fast changing tech world, it is clear that the skills needed to succeed in finance are changing too.

In recognition of this, LUMSA University and Fintech EduLab are dedicated to reshape education in finance. The Master in Fintech & Innovation is designed to provide students and young professionals with the right skillset and international mindset to lead and contribute to the Fintech revolution.

Why this program?

- International faculty:
You will learn from some of the most recognized global Fintech experts. Your professors and guest speakers come from prestigious Italian universities, top ranked international universities, innovative startups, consulting firms and leading institutions (policy makers, regulators, banks, etc.).

- Curriculum designed with the industry for the industry:
The master’s curriculum has been designed with the support of seasoned banking professionals, visionary entrepreneurs and leading academics.

- Unique networking opportunity and London & Oxford Fintech Tour:
Master in Fintech & Innovation will offer you unique opportunities to network with global leading Fintech companies and experts. Moreover, during the master you will have the chance to join a London & Oxford Fintech Tour in London and in the University of Oxford where you will meet some of the world’s most innovative startups and corporations. The goal of the study trip is to enable students to learn from some of the brightest entrepreneurs, professionals and professors of the world’s Fintech capital.

- Global Careers:
The skills you will acquire in the program and the master’s international network will open you a wide range of global career opportunities.

Master’s partners will offer students internship opportunities in Hong Kong, London, Milan, Tokyo, Berlin, Toronto and Rome.

The Master in Fintech & Innovation has a dedicated career service that can count on a truly global network composed by leading startups, banks and consulting firms and that will support you in landing your dream job.

Learning objectives

  • Gain an in-depth understanding of the global finance ecosystem and its features
  • Be familiar with the business models and applications that are disrupting the financial industry
  • Learn how to draft, execute, and manage financial innovations
  • Acquire the skills to analyze complex data sets
  • Learn how to develop and run Fintech digital marketing campaigns
  • Master the tools to successfully launch your own Fintech startup
  • Understand how regulation is evolving and changing in line with the main technology developments
  • Acquire a global entrepreneurial mindset

Online Format
You can decide whether to follow the lectures in class or online. Each lecture will be live streamed in HD and participants will be able to interact with the instructor through instant messaging. Moreover, each lecture will be uploaded to our e-learning platform and you will be able to watch it in HD any time you want.

About Fintech EduLab
Fintech EduLab is a startup dedicated to shape education in finance. We aim to unlock the potential of Fintech by empowering the next generation of talents. Our programs are designed to equip students with the tools, knowledge, skills and mindset to succeed in the new world of finance. We are supported by a global network of great professionals from leading financial institutions, universities, investors and startups.

Admission Requirements
To  be eligible for admission to the Master in Fintech & Innovation, a candidate must:

  • hold a  bachelor's degree (“laurea triennale” for the Italian system) or higher qualification (e.g. “laurea specialistica” or master’s degree) or being on track to graduate within April 2019 (last useful graduating session of the a.y. 2017/2018);
  • hold one of the following English language certificates.
    - Cambridge test (minimum level B2) or
    - IELTS (minimum grade 6.5) or
    - TOEFL (minimum grade 85).

If you hold a bachelor's degree entirely taught in English, you are exempted from providing the above English language certificate.

Applicants not holding a certificate can still apply and, upon conditional offer, will be assessed by an English Knowledge Interview.

Career Opportunities
Main career opportunities are as follows:

  • Fintech Entrepreneur
  • Technology/Financial Services Consultant
  • Business Development Manager
  • Innovation Manager
  • Data Analyst
  • Digital Marketing Professional
  • Community Manager

Who is this program for?

Young professionals or graduate/graduating students (Bachelor's degree – “Laurea Triennale”; Master of Science’s degree - “Laurea Magistrale”; or equivalent) in:

  • Finance, Economics, Business and Management
  • Mathematics, Statistics, Physics, Computer Science and Engineering
  • Law
  • Social and Political Sciences

Degree issued
Students will receive the degree of Master in Fintech & Innovation (“Master di primo livello”). In order to graduate students are required to attend at least 80% of the classes, successfully pass all examinations and complete one of the following: internship, project work, research project or startup project.

Contents and structure: 

Department of Law, Economics, Politics and Modern Languages

Director
Claudio Giannotti - Professor of Banking and Finance at LUMSA University

Advisor
Aldo V. Pecora - Journalist & Fintech Expert

Scientific committee:

  • Alberto Adorini – Head of Strategy & Business Development at Fabrick
  • Pasquale Ambrosio - Associate Partner KPMG & Fintech Leader
  • Giuseppe Argirò – Head of Digital Innovation for SME and Corporate at Intesa Sanpaolo
  • Rym Ayadi – Professor of International Business and Finance, Director of IRCCF at HEC Montreal and Professor at CASS Business School, City University of London and Member of the Centre of Banking Research (CBR)
  • Alessandro Carretta – Professor of Banking and Finance at University of Rome Tor Vergata
  • Gianluca D'Imperio – Group CIB Compliance at UniCredit
  • Giovanni Ferri – Deputy Rector and Director of Studies at LUMSA University
  • Umberto Filotto – Professor of Banking and Finance at University of Rome Tor Vergata
  • Valentina Finazzo – Compliance Digital Advisory & Coordination at UniCredit
  • Norbert Gehrke - General Manager at Advanced Blockchain AG, Adjunct Lecturer at NYU SPS Tokyo
  • Claudio Giannotti – Professor of Banking and Finance at LUMSA University
  • Filippo Giordano – Msc in Management and Finance Program Director at LUMSA University
  • Alessandro Giosi – Professor of Management at LUMSA University
  • Alessandro Longoni – Head of Fintech District
  • Raffaele Mauro – Managing Director at Endeavor Italy
  • Paolo Meola – Co-Founder & CTO at Instilla
  • Olivier Motte - Sole Director at Phileuropa limited - Hong Kong, former Asia Pacific Head of Conduct Compliance at ‎HSBC
  • Tram Anh Nguyen – Co-Founder at CFTE, Industry Fellow at Imperial College London
  • Aldo V. Pecora - Journalist & Fintech Expert
  • Gianni Pola – Head of Systematic Strategies & Quant Research at Anima SGR
  • Maurizio Raffone – Co-Founder & CEO at Finetiq, Fintech Advisor at AdvisingAsia
  • Raffaele Zenti – Co-Founder at VirtualB S.p.A./AdviseOnly

Key facts:

  • Maximum intake: 50 students
  • Minimum intake: 20 students
  • Program Structure:
    a )In-class lectures and online
    b) Fintech Tour in London and University of Oxford
    c) Internship / Project Work / Research Project / Startup Project
    d) Final dissertation
  • Language: English
Professors and guest experts: 
  • Alberto Adorini – Head of Strategy & Business Development at Fabrick
  • Pasquale Ambrosio - Associate Partner KPMG & Fintech Leader
  • Giuseppe Argirò - Head of Digital Innovation for SME & Corporate at Intesa Sanpaolo
  • Rym Ayadi - Honorary Professor at CASS Business School & Member of the Centre for Banking Research at City University of London
  • Janos Barberis - Founder of SuperCharger Fintech Accelerator
  • Claudio Bedino - Co-Founder & COO at Oval Money
  • Angelo Daniele Blancato - Chairman at BorsadelCredito.it
  • Giovanni Buono - CEO of Housers Italia and Housers International
  • Paola Cerchiello - Professor of Statistics & Big Data Analysis at Universita’ di Pavia
  • Federico Cinque – Co-Founder & CEO at Fintech EduLab
  • Alessandro Di Lullo – Co-Founder & Head of Education at Fintech EduLab
  • Gianluca D’Imperio - Group CIB Compliance at UniCredit
  • Francesco Felicetta - ICT Brand Manager at ELIS.Org
  • Roberto Ferrari - Chairman at ClubDealOnline, former Chief Digital & Innovation Officer at Mediobanca
  • Michele Foradori - Investment Manager at BlackFin Capital Partners
  • Mariano Gambaro - Head of Advisory Business Model at Banca Finnat Euramerica
  • Norbert Gehrke - General Manager at Advanced Blockchain AG, Adjunct Lecturer at NYU SPS Tokyo, ex Managing Director at Goldman Sachs
  • Claudio Giannotti - Director of Department of Law, Economics, Politics and Modern languages at LUMSA University & Director of the Master in Fintech & Innovation
  • Carlo Giugovaz - CEO & Founder of Supernovae Labs
  • Marcello Gomitoni – Co-Founder & Head of Research at Fintech EduLab
  • Elena Lavezzi - General Manager Italy at Circle
  • Giordano Lombardo - Co-Founder & Chairman at Rationis, former CEO of Pioneer Investments
  • Raffaele Mauro - Managing Director at Endeavor Italy
  • Paolo Meola - Co-Founder, Chairman & CTO at Instilla
  • Orlando Merone - Business Development & Partnership Lead Italy at Circle),
  • William Metcalfe - Co-Founder at Curvegrid, ex CTO of Gilt Groupe Japan
  • Olivier Motte - Sole Director at Phileuropa limited - Hong Kong, former Asia Pacific Head of Conduct Compliance at ‎HSBC
  • Tram Anh Nguyen - Co-Founder of CFTE, Industry Fellow at Imperial College London, former Associate Director at UBS Wealth Management
  • Huy Nguyen Trieu - Co-Founder of CFTE, CEO of The Disruptive Group, former Managing Director at Citi
  • Alessandro Onano - CMO at Moneyfarm
  • Nazarena Parenti - UX/UI e PSS Designer at Instilla
  • Emanuele Mario Parisi - Business Manager to Head of Central Eastern Europe Retail division at UniCredit
  • Aldo V. Pecora - Journalist & Fintech Expert
  • Alvise Perissinotto - Managing Director at financeAds
  • Nicolò Petrone - Head of Europe at Medici
  • Alessio Pisa - Co-Founder & CEO at Instilla
  • Gianni Pola - Head of Systematic Strategies & Quant Research at Anima SGR
  • Maurizio Raffone - Co-Founder & CEO at Finetiq, Fintech Advisor at AdvisingAsia
  • Giulio Rattone – Head of Platform Product Development at Fabrick
  • Gionata Rogiani – Co-Founder & CTO at Fintech EduLab
  • Matteo Rossanigo - Head of Group Organization at Banca Sella Holding
  • Filippo Sanesi - Innovation Scout & Executive in Residence at Ergo Innovation Hub London, ERGO Group
  • Emanuele Seghetti - CMO at Instilla
  • Jeff Wentworth - Co-Founder of Curvegrid, former Vice President at Goldman Sachs
  • Raffaele Zenti - Managing Partner & Co-Founder of Virtual B
Internship and project work: 

In order to fulfill the master requirements, students have to choose one of the following:

Internship:
Students will have the chance to join one of the international master’s corporate or education partners for an internship. Thanks to its global network, the Master in Fintech & Innovation will offer its brightest students internship opportunities in Hong Kong, London, Milan, Tokyo, Berlin, Toronto and Rome in leading startups, financial institutions and consulting firms.

Project Work:
Students will be asked to work on a task-based assignment. The Project Work addresses real business issues and will be realized in collaboration with a sponsor company.

Research Project:
Students undertaking the Research Project need to prepare a research paper on an advanced Fintech related topic. The project is recommended for students with a strong interest in research. The project can be realized in collaboration with a sponsor company.

Startup Project:
Students will be required to apply the knowledge and tools acquired in class to create a detailed and comprehensive business plan outlining all the key elements necessary to properly set up a successful business.

Master’s international partners are keen on talking with you about job opportunities (internship or full time employment) and the Master's career service will connect you with a wide range of international players. The Master in Fintech and Innovation can rely on a dedicated career service team whose mission is to support Master’s students in their job search.

Tuition fee and scholarships: 

Tuition fee
€ 8,516 (for all students) - to be paid in 3 installments as follows:

  • € 3000 +  €16 stamp duty upon enrolment
  • € 3000  by December 2018
  • € 2500 by March 2019

Admitted students will receive further details about the tuition fee payment.

Scholarship:
Partial scholarships will be offered to outstanding successful applicants. Applications will be selected on a rolling basis and both academic and professional merit will be considered. Applicants do not need to apply separately for scholarships.

Length: 
10 months
Fee: 
€ 8,516
Language: 
EN
Start: 
19 January 2019
Immagine: 
Ufficio destinatario: 
fintech@lumsa.it
Ufficio destinatario 2 (facoltativo): 
perfezionamento@lumsa.it
Curriculum: 

Foundations of Banking and Fintech (48h) 6 ECTS
The course aims to set the foundation knowledge of banking and Fintech, guiding students through the main features of financial intermediaries, services and markets and the major drivers disrupting the financial industry. The course will provide a ground understanding of bank’s activities, payment services, asset management and financial consulting.  
Furthermore, students will join CFTE's Fintech foundation course "Around Fintech in 8 hours", which features leading industry experts, Fintech CEOs, heads of innovation and investors that will lead student through the major Fintech concepts. Each student will also receive a certified CFTE Certificate of Completion.

New Technology Trends (24h) 3 ECTS
The course provides students with an overview of some of the latest trends in technology dramatically changing the finance landscape and leading some of the main challenges the finance industry is facing. The course will cover topics including cloud solutions, internet of things and cybersecurity.

Fintech and the Future of Finance (42h) 6 ECTS
The course provides students with the latest empowering and practical knowledge on Fintech, enabling them to understand the key forces that will redefine the paradigms of finance as well as the players and business models that could transform the financial industry. The course will examine a broad range of areas such as artificial intelligence, blockchain, cryptocurrencies, challenger banks and many more.

Customer Base Acquisition in Fintech (36h) 5 ECTS
The course aims to present the main theoretical principles behind customer base acquisition in Fintech companies. During the course, students will understand how to create a customer acquisition process, how to optimize it and will be introduced to the use of some of the most common media channels in nowadays digital marketing strategies. Students will be guided through the following topics: target identification, conversion marketing economics, web analytics and performance analysis etc.

Customer Engagement & Retention in Fintech (18h) 2 ECTS
The course provides students with the skillset to perform a life-time value analysis as well as create strategies and use techniques to engage and retain users. Students will be exposed to some of the opportunities new technologies are bringing to digital marketing. The course will cover topics including machine learning and marketing automation, LTV, segments profitability analysis, people analytics.

Brand Image, Awareness & Reputation in Fintech (24h) 3 ECTS
The course aims to present the reasoning behind the creation of a trustful and reliable brand in the Fintech industry, as well as to show how to manage corporate reputation on nowadays digital media. The course will analyze themes such as crisis management and communication on social media.

Product and Service Design for Fintech (24h) 3 ECTS
The course aims to present different (and complementary) approaches to product and services design used in the Fintech industry. Moreover, students will be presented some case studies of successful Fintech companies and discover the path toward the creation of their products/services. Topics like buyer persona analysis, lean startup approach and user experience design will be covered.

Data Science (48h) 6 ECTS
The course introduces students to machine learning techniques, guiding them through all the main algorithms, both supervised and unsupervised as well as linear and non-linear, and analyzing the best practices related to model selection. Furthermore, a focus on more advanced topics such as deep learning and its applications to textual data analysis (natural language processing) is proposed.

London & Oxford Fintech Tour
The Master in Fintech & Innovation includes a study trip in London and at the University of Oxford, where students will have the chance to meet Fintech experts and some of the world’s most innovative startups.
The goal of the study trip is to enable students to both learn from some of the brightest entrepreneurs, professionals and professors of the world’s Fintech capital and widen their global network.

Entrepreneurship in Finance (36h) 5 ECTS
This course aims to provide students with both practical and theoretical foundation tools to become successful entrepreneurs in finance. Visionary entrepreneurs, CEOs and investors will share all the key elements to deal with business idea generation, pitching, business planning, business modeling and financing.

Regulation, Compliance, and Regtech (24h) 3 ECTS
The course gives a comprehensive overview of both Fintech regulation and compliance and examines how they are evolving. Also, the course will explain the Regtech ecosystem and how it is changing the way institutions think of regulatory reporting, compliance and monitoring. Students will become familiar with hot topics such as PSD2, GDPR, KYC etc.

Students will be required to choose one of the following:
a) Internship 15 ECTS
b) Project Work 15 ECTS
c) Research Project 15 ECTS
d) Startup Project 15 ECTS

Final Dissertation 3 ECTS

Location and schedule: 

Location
LUMSA University,
Via Pompeo Magno 22
00192 Rome

Duration
10 months

Period
January 2019 - November 2019

Master’s Calendar
A detailed calendar of the Master’s lessons will be published soon

How to apply: 

To participate in the selection, follow the information below. Students who pass the selection will be able to enroll according to the procedures that will be communicated.

Application Deadline

Application must be sent to fintech@lumsa.it before 14 January 2019. However, you are strongly encouraged to apply early as we review applications on a rolling basis.
There are six rounds of application, at the end of which successful applicants will be notified with the instructions to enroll in the program.
1st Round Deadline: Sunday 17 June 2018 (h 23:59)
2nd Round Deadline: Sunday 29 July 2018 (h 23:59)
3rd Round Deadline: Sunday 16 September 2018 (h 23:59)
4th Round Deadline: Sunday 14 October 2018 (h 23:59)
5th Round Deadline: Sunday 2 December 2018 (h 23:59)
6th Round Deadline: Monday 14 January 2019 (h 23:59)

Application Form

 

Application form should be sent to fintech@lumsa.it for the selection.

 

Application documents to attach:

  • Curriculum vitae et studiorum
  • Motivation letter
  • Copy of your bachelor’s degree1 if you have a master’s degree, please attach both the certificates) along with official transcript of records of all your degrees1,2, or in case you have not graduated yet3
  • A certified statement from your university confirming that you are in the last year of your undergraduate studies along with official transcript of records2
  • One of the following English language certificates.
    - Cambridge test (minimum level B2) or
    - IELTS (minimum grade 6.5) or
    - TOEFL (minimum grade 85).
  • One copy of the ID Card/Passport
  • A copy of the Fiscal code (if any)

1 For Italian students: self-certification.
2 All submitted documents must be in English or Italian
3 Students not yet graduate and on track to graduate within April 2019 (a.y. 2017/2018) are welcomed to apply: if the selection is passed, and all the other requirements fulfilled, graduating candidates will be admitted “with reserve” to attend the Master’s program. Under penalty of forfeiture, they must promptly notify to Segreteria LUMSA Master School the successful completion of the qualification, which must take place within April 2019 (last useful graduating session of the a.y. 2017/2018).

If you hold a bachelor's degree entirely taught in English, you are exempted from providing the above English language certificate.

You may also upload a screen print with your test results (from the test organization’s website).

Applicants not holding a certificate can still apply and, upon conditional offer, will be assessed by an English Knowledge Interview.

We carefully consider each application on an individual basis, taking into account all the information provided on your application. We do not look just for high grades but rather for well-rounded and motivated students.

We are happy to help you in submitting a top application.
If you need any support with your application, please email us at fintech@lumsa.it.

Enrolment form
Only those applicants who have been formally offered a place in the program are required to download the Enrolment form complete the enrolment procedure within 15 days from the offer notification date.

Enrolment form should be sent to fintech@lumsa.it.

Enrolment documents to attach:

  • Copy of the Receipt of the first installment (refundable only in case the program is not activated) to be paid via bank transfers as follows:

EUR 600 to LUMSA – UBI BANCA SPA – IBAN IT 57 B 03111 03226 000000005620 [1]
EUR 2,400 to FINTECH EDULAB SRL – IBAN IT 43 R 03015 03200 000003646756
(please specify First Name, Family Name, and Master in Fintech & Innovation)

  • Receipt of the Web registration (Registrazione anagrafica for Italian students) on LUMSA website (not needed for LUMSA graduates)
  • Picture (JPEG) with the following characteristics: recent and clear close-up photo, width of 35-40 mm; HD, clear and plain background, max 5 Mbyte.

     

Contacts
Alessandro Di Lullo
Head of Education & Co-Founder at Fintech EduLab
Master in Fintech & Innovation Program Manager
fintech@lumsa.it
For enquiries: fintech@lumsa.it

Administrative information
Segreteria LUMSA Master School

Headquarters: Via di Porta Castello, 44 - 00193 Rome, Italy
Office hours: Tuesday 15:00-17:00; Friday 12:00-14:00
Phone office hours: Wednesday and Thursday 12:30-13:30
Mail: perfezionamento@lumsa.it
Tel: +39 06 68 422467