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Master of IT in Business - School of Information Systems - Singapore ...

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Contents<br />

1<br />

2<br />

4<br />

5<br />

6<br />

10<br />

13<br />

14<br />

15<br />

17<br />

Dean’s Message<br />

Programme Overview<br />

Board <strong>of</strong> advisors<br />

Programme Structure<br />

Course Description<br />

Learn<strong>in</strong>g Experience<br />

Application<br />

Scholarships & Awards<br />

Our Dist<strong>in</strong>guished Faculty Members<br />

Frequently Asked Questions<br />

SMUMASTERS<br />

<strong>Master</strong> <strong>of</strong><br />

<strong>IT</strong> <strong>in</strong> Bus<strong>in</strong>ess<br />

(F<strong>in</strong>ancial Services)<br />

Dean’s Message<br />

Modern Bank<strong>in</strong>g is digital. The creation, fulfilment and<br />

management <strong>of</strong> bank<strong>in</strong>g products and services depend on<br />

manag<strong>in</strong>g digital data. Pr<strong>of</strong>essionals who manage the<br />

<strong>in</strong>formation, systems and s<strong>of</strong>tware applications, together<br />

with the closely coupled operations and bus<strong>in</strong>ess processes,<br />

are as crucial to bank<strong>in</strong>g and f<strong>in</strong>ancial markets as the<br />

pr<strong>of</strong>essionals with expertise <strong>in</strong> economics, f<strong>in</strong>ance and<br />

f<strong>in</strong>ancial product sales.<br />

Bank<strong>in</strong>g and F<strong>in</strong>ancial Services sector organisations recognise<br />

that the ability to cont<strong>in</strong>uously enhance the unification<br />

<strong>of</strong> the bus<strong>in</strong>ess with the enabl<strong>in</strong>g technology, systems and<br />

operational processes is an essential prerequisite for<br />

adaptability, susta<strong>in</strong>ability and growth.<br />

Respond<strong>in</strong>g to the market and bus<strong>in</strong>ess environment, most<br />

major global and regional banks have already unified their<br />

various Technology Groups and Operations Groups under a<br />

common senior executive. This head <strong>of</strong> Technology and<br />

Operations is responsible for a significant share <strong>of</strong> the<br />

bank’s employment, capital <strong>in</strong>vestment and overall<br />

bus<strong>in</strong>ess performance.<br />

Respond<strong>in</strong>g to the <strong>in</strong>dustry’s need, SMU’s <strong>School</strong> <strong>of</strong><br />

<strong>Information</strong> <strong>Systems</strong> launched the world’s first<br />

<strong>Master</strong>s degree totally focused on develop<strong>in</strong>g<br />

and expand<strong>in</strong>g a pool <strong>of</strong> qualified pr<strong>of</strong>essionals<br />

for Technology and Operations (T&O) organisations<br />

with<strong>in</strong> the Bank<strong>in</strong>g and broader F<strong>in</strong>ancial<br />

Service sector. Our <strong>Master</strong> <strong>of</strong> <strong>IT</strong> <strong>in</strong> Bus<strong>in</strong>ess (F<strong>in</strong>ancial<br />

Services), or M<strong>IT</strong>B (FS), programme, admitted its pioneer<br />

<strong>in</strong>take <strong>in</strong> 2007. 1<br />

The T&O organisations <strong>of</strong> the global and regional banks<br />

<strong>in</strong> Asia have responded very positively to our programme.<br />

They hire our students, and use our programme to develop<br />

their own people. These organisations also participate <strong>in</strong><br />

our course design, provide and co-supervise our capstone<br />

projects, and provide experts and executives who serve as<br />

adjunct faculty. Prom<strong>in</strong>ent people from Bank<strong>in</strong>g T&O groups<br />

and from the support<strong>in</strong>g technology vendor community<br />

frequently visit us and provide guest lecturers who present<br />

current real-world examples.<br />

Our deep work<strong>in</strong>g relationships with the <strong>in</strong>dustry go beyond<br />

our l<strong>in</strong>kages with the T&O groups <strong>of</strong> the lead<strong>in</strong>g bank<strong>in</strong>g<br />

and f<strong>in</strong>ancial markets organisations. We also have strong<br />

relationships with government agencies that regulate the<br />

<strong>in</strong>dustry, and with technology and consultancy providers<br />

who enable and support <strong>in</strong>dustry <strong>in</strong>novation <strong>in</strong>itiatives.<br />

Our M<strong>IT</strong>B (FS) network <strong>of</strong> alumni, pr<strong>of</strong>essional colleagues<br />

and friends is strong, vibrant, and rapidly expand<strong>in</strong>g. Our<br />

specific M<strong>IT</strong>B (FS) networks, comb<strong>in</strong>ed with SMU’s exist<strong>in</strong>g<br />

and exceptionally strong career services networks across the<br />

f<strong>in</strong>ancial service sector, greatly enhance the career<br />

opportunities <strong>of</strong> our graduates.<br />

In recent <strong>in</strong>takes, more than half <strong>of</strong> our students have<br />

come from countries outside S<strong>in</strong>gapore, add<strong>in</strong>g to the<br />

<strong>in</strong>ternational perspective <strong>of</strong> our student body. Our strong<br />

partnerships with The Asian Banker and with the<br />

F<strong>in</strong>ancial InnovationTechnology Events Club (F<strong>IT</strong>E Club)<br />

further enhance the opportunities for our students to ga<strong>in</strong><br />

cutt<strong>in</strong>g edge experience and to expand pr<strong>of</strong>essional networks<br />

across the region. For example, M<strong>IT</strong>B (FS) faculty and<br />

students are <strong>in</strong>tegrally <strong>in</strong>volved <strong>in</strong> the evaluation and judg<strong>in</strong>g<br />

<strong>of</strong> The Asian Banker’s Technology Implementation Awards<br />

presented at the yearly Asian Banker Summit. And F<strong>IT</strong>E<br />

Club regularly holds its S<strong>in</strong>gapore gather<strong>in</strong>gs at the SMU<br />

<strong>School</strong> <strong>of</strong> <strong>Information</strong> <strong>Systems</strong>.<br />

The M<strong>IT</strong>B (FS) is dist<strong>in</strong>ctive, value enhanc<strong>in</strong>g, <strong>in</strong>timate<br />

<strong>in</strong> scale, <strong>in</strong>tellectually rigorous, <strong>in</strong>novative <strong>in</strong> terms <strong>of</strong><br />

teach<strong>in</strong>g and learn<strong>in</strong>g, globally oriented, culturally diverse,<br />

and exceptionally well connected. Together, these elements<br />

provide the foundation for a superior learn<strong>in</strong>g and<br />

pr<strong>of</strong>essional development experience that provides the<br />

knowledge, problem solv<strong>in</strong>g skills, m<strong>in</strong>dset and pr<strong>of</strong>essional<br />

network<strong>in</strong>g necessary to achieve success as a T&O<br />

pr<strong>of</strong>essional and senior manager <strong>in</strong> the global f<strong>in</strong>ancial<br />

services marketplace.<br />

I <strong>in</strong>vite you to explore the excit<strong>in</strong>g environment <strong>of</strong> our SMU<br />

<strong>Master</strong> <strong>of</strong> <strong>IT</strong> <strong>in</strong> Bus<strong>in</strong>ess (F<strong>in</strong>ancial Services) programme.<br />

We will change the way you learn, th<strong>in</strong>k, communicate and<br />

collaborate. For those already <strong>in</strong> T&O-related pr<strong>of</strong>essional<br />

careers <strong>in</strong> the <strong>in</strong>dustry, we will prepare you to assume more<br />

responsibility and to take on more new leadership<br />

challenges. For those work<strong>in</strong>g <strong>in</strong> other <strong>in</strong>dustries look<strong>in</strong>g to<br />

transition <strong>in</strong>to the sector, this is the best way you can<br />

f<strong>in</strong>d to make that transition.<br />

Best regards,<br />

Steven MILLER<br />

Dean, <strong>School</strong> <strong>of</strong> <strong>Information</strong> <strong>Systems</strong>,<br />

Pr<strong>of</strong>essor <strong>of</strong> <strong>Information</strong> <strong>Systems</strong> (Practice)<br />

1 T & O leaders from all <strong>of</strong> the global and regional banks we have worked with tell us that<br />

they have never seen a full <strong>Master</strong>s programme with the same focus and depth as our M<strong>IT</strong>B<br />

(F<strong>in</strong>ancial Services) programme. Also, <strong>in</strong> our efforts to scan the global landscape <strong>of</strong> related<br />

programmes, we have not come across the same type <strong>of</strong> programme. We welcome any references<br />

to similar types <strong>of</strong> <strong>Master</strong>s programmes anywhere <strong>in</strong> the world.<br />

<strong>Master</strong> <strong>of</strong> <strong>IT</strong> <strong>in</strong> Bus<strong>in</strong>ess (f<strong>in</strong>ancial services) 1

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