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FORWARD
University
Under review

Master of Science in Financial Technology and Digital Assets

Financial infrastructure in Africa is being rebuilt in this decade — instant payment systems, interoperable mobile money, central bank digital currency pilots and tokenised assets — and the institutions doing it are competing for a very sma...

MScHybrid18 months (3 semesters)Intake August 202790 credit units

Employment thesis

What this programme is designed to produce

Forward publishes the destination of every programme before you enrol. If the thesis stops holding, the programme is reviewed and, where necessary, retired. Next review: 2031.

Roles

  • Financial technology architect
  • payments and settlement specialist
  • quantitative risk analyst
  • digital assets specialist
  • regulatory technology lead
  • central bank technology adviser
  • product lead for financial infrastructure.

Employer types

  • Central banks and financial regulators
  • commercial banks and payment switches
  • mobile money operators
  • digital asset and tokenisation firms
  • financial technology companies
  • development finance institutions
  • and consulting firms.

Target outcomes we hold ourselves to

  • A scarce and highly paid specialisation with strong central bank, institutional and international demand.

Compulsory · The Forward Core

How the Core works →

Every Forward programme, including this one, carries the same five cross-cutting requirements. They are graded, not optional.

  • AI Fluency
  • Quantitative Reasoning
  • Ethics and African Context
  • Human-Advantage Skills
  • Enterprise

Includes 12 months paid work-integrated learning

Read the co-op commitment

Am I eligible?

Check yourself against the published requirements

7 questions written specifically for Master of Science in Financial Technology and Digital Assets. Every answer is checked against a requirement Forward has published, and the result tells you which page that requirement comes from. Indicative only, the admissions office decides on your full file.

Question 1 of 70%

What is the highest qualification you hold?

Requirement tested: A completed bachelor's degree in a cognate field, or a recognised equivalent with professional experience.

Curriculum structure

The same degree, in both pathways

Every Forward programme is published in both pathways: Path One, the term plan of two six-month terms, and Path Two, the block sequence of twelve four-week blocks. Same competencies, same assessments, same award. Toggle to see this programme in each.

Path One term plan shown

Path One · The Term Model

TERM 1 (SIX MONTHS) | FORMERLY SEMESTER 1Year 1
30 credit units
CodeCourseCUHours
FDC 501
Applied Intelligence for Professionals
Both
42-2-0
FDC 502
Research Evidence and Method
Both
42-2-0
DBF 510
Financial Markets, Instruments and Institutions
Both
53-2-2
DBF 511
Quantitative Methods for Finance
Both
64-2-2
DBF 512
Payment Systems and Financial Market Infrastructure
Performance
63-2-4
DBF 513
Financial Regulation and Supervision
Both
53-2-2
TERM 2 (SIX MONTHS) | FORMERLY SEMESTER 2Year 1
30 credit units
CodeCourseCUHours
FDC 503
Governance, Ethics and Leadership of Intelligent Systems
Both
42-2-0
DBF 520
Distributed Ledgers, Digital Assets and Tokenisation
Performance
74-2-4
DBF 521
Credit, Market and Model Risk Analytics
Performance
63-2-4
DBF 522
Regulatory Technology and Supervisory Analytics
Performance
52-2-4
DBF 523
Central Bank Digital Currency and Monetary Technology
Both
53-2-2
DBF 524
Advanced Elective
Objective
32-2-0
TERM 3 (SIX MONTHS) | FORMERLY SEMESTER 3:Year 2
30 credit units
CodeCourseCUHours
DBF 530
Dissertation: Financial Infrastructure Build or Research
Performance
200-2-38
DBF 531
Financial Crime, Sanctions and Cross Border Compliance
Both
53-2-2
DBF 532
Research Communication and Technical Reporting
Objective
54-2-0

Total credit units: 90

Curriculum source

Forward University Curriculum Compendium

Assessment

Coursework + project + integrated exam

Work-integrated learning

12 months paid co-operative education

Your week at Forward

A typical week on Master of Science in Financial Technology and Digital Assets

Path One, the Term Model: your own pace across a six-month term, one live session a week, short flexible lessons, and assessment on demand.

Monday

Tuesday

Wednesday

Thursday

Friday

Mandatory live session Flexible bite-sized lesson Optional event

Curriculum explorer

Drill into the degree, step by step

Choose a study path, then a year, then a term or block, then a course. Credit totals add up as you go, and every course shows what comes before it and what it unlocks.

Step 1, choose a year

Step 2, choose a term

TERM 1 (SIX MONTHS) | FORMERLY SEMESTER 1

Year 1 · this step is worth 30 CU

Cumulative

30

Programme total

90

30 CU of 90 CU completed by the end of this step (33%)

Step 3, choose a course

Pick a course to see the detail

Credits, assessment, prerequisites and what each course unlocks later.

The twelve Forward capabilities

What this programme develops in you

Every Forward degree develops the same twelve cross-cutting capabilities. The profile below is the level this programme is designed to develop and verify by graduation, on the four-level scale in Part B2 of the Curriculum Compendium. Every claim above Level 2 is verified by someone other than the teaching lecturer.

  • C1Intelligent Systems Fluency CriticalLevel 4 of 4, Leading
  • C2Quantitative and Evidential Reasoning CriticalLevel 4 of 4, Leading
  • C3Ethical and Contextual Judgement CriticalLevel 3 of 4, Independent
  • C4Communication and PersuasionLevel 4 of 4, Leading
  • C5Disciplinary MasteryLevel 4 of 4, Leading
  • C6Technical Production and Craft CriticalLevel 4 of 4, Leading
  • C7Problem Framing and Systems ThinkingLevel 4 of 4, Leading
  • C8Collaboration and Multidisciplinary TeamingLevel 3 of 4, Independent
  • C9Enterprise, Value and Commercial LiteracyLevel 3 of 4, Independent
  • C10Professional Conduct and Workplace PerformanceLevel 4 of 4, Leading
  • C11Learning to Learn and Adaptive CapacityLevel 4 of 4, Leading
  • C12Stewardship and Public ContributionLevel 3 of 4, Independent

Critical capabilities for this programme: Intelligent Systems Fluency · Quantitative and Evidential Reasoning · Ethical and Contextual Judgement · Technical Production and Craft. A graduate cannot pass out of this programme below the stated level on any capability marked critical.

Programme Learning Outcomes

What you will be able to do

Each outcome is assessed, and each is tagged with the Forward capabilities it is verified against.

  1. PLO 1Design and evaluate payment, settlement and financial market infrastructure.
  2. PLO 2Build quantitative models for pricing, risk and credit in digital finance.
  3. PLO 3Analyse distributed ledger and tokenised asset systems technically and legally.
  4. PLO 4Apply and anticipate financial regulation, including for novel instruments.
  5. PLO 5Build regulatory technology and supervisory analytics solutions.
  6. PLO 6Conduct applied research or a build project to institutional standard.

Why this programme exists

Financial infrastructure in Africa is being rebuilt in this decade — instant payment systems, interoperable mobile money, central bank digital currency pilots and tokenised assets — and the institutions doing it are competing for a very sma...

Admission requirements

A Bachelor's degree of at least Second Class Lower Division in finance, economics, computing, engineering, mathematics or a cognate discipline; professional experience in financial services is an advantage. Alternative pathways: Foundation Year, diploma entry with advanced standing, mature age entry and recognition of prior learning, all governed by Part A5 and Part G. Online applicants additionally complete the compulsory Digital Readiness orientation under Part D6.

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