Study Financial Technology (FinTech) Courses/ Degrees in Australia

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Australia has one of the most dynamic FinTech industries with over 800 FinTech companies based in the country. In 2014, it was estimated that the Australian FinTech industry would experience a steep growth from $250 million to $4 billion in 2020. 

In order to give interested students the opportunity to be a part of this growing industry in Australia and worldwide, a number of top Australian education institutions have developed programs tailored towards the FinTech industry. 

Down below, explore what the FinTech industry is all about and everything you need to know before you take your first step into a career in the FinTech industry. 

What is FinTech?

Financial Technology or FinTech refers to the use of digital technologies to offer financial services and products. The introduction of technologies such as the internet, mobile and cloud computing has dramatically changed several sectors over the past few years. 

Therefore, it can be said that the FinTech industry is all about using the advancements of technology for improved delivery of existing products and services. 

How Does FinTech Work?

We have all been familiar with some degree of technology in our financial activities in the recent decade, including mobile payments, electronic trading floors, and personal finance apps. 

The way FinTech works differ depending on the project or application. Some of the latest advancements in FinTech are utilizing the application of machine learning algorithms, blockchain and data science to do basically everything, ranging from processing credit risks to running hedge funds. 

Traditionally FinTech was only associated with the financial sector, however, it has moved beyond just a feature offered by financial institutions and is now present in a broader range of sectors with the application of cloud-based technologies that is a combination of open source software and blockchain technologies. 

Technologies that contribute to FinTech

  • Artificial Intelligence (AI) and Machine Learning (ML) – used in credit storing, fraud detection, regulatory compliance, wealth management etc. 
  • Big Data and Data Analytics – Used to develop predictive analytics such as consumer behaviour. 
  • Robotic Process Automation (RPA) – used in statistics and data collection, regulatory compliance management, communication and marketing through chatbots, transaction management. 
  • Blockchain Technology – used to securely store sensitive data and transactions, to reduce cyberattacks. Blockchain is also the backbone of many cryptocurrencies. 

Examples & Uses of Fintech

Fintech is used in a wide range of areas around the world. The most common areas include:

  1. Crowdfunding Platforms

Crowdfunding platforms such as KickStarter and GoFundMe allow entrepreneurs and start-up businesses to raise funds from all parts of the world and reach investors and markets all around the world without having to be geographically constrained.

      2. Mobile Payments  

One of the most common uses of FinTech that we all use in our everyday life is mobile payment gateways and applications. Such services allow customers to do financial activities without having to visit the bank physically, all thanks to FinTech. 

      3. Robo Advisors

Robo Advisors refer to online investment management services that use algorithms to allow users to engage in investment activities with minimal manual effort at low fees. 

     4. Insuretech

Insurtech refers to the use of technology in the insurance sector to allow companies to provide insurance services and data security. It helps streamline the insurance process with the use of online claims filing and policy management. 

      5. Regtech

Regtech or Regulatory technology, refers to the automation of compliance processes for financial institutions. It provides efficient methods of data management, such as transaction records, and compliance documents.

Examples of Some of the Largest FinTech Companies in the World

  • Paypal
  • Transferwise
  • Kraken
  • N26
  • Compass

Examples of Top FinTech Companies in Australia

  • Airwallex
  • Judo Bank
  • Afterpay Touch Group Limited

Why Study FinTech?

  • A broad range of career opportunities 

The Fintech industry offers an intensive range of career opportunities, from Retail Banking, Online Payment & Transfer, Loaning & Financing, Wealth Management, to Insurance, all of which connect all financial activities we are involved in. 

  • Drastic changes in traditional finance industries

The traditional business skills are now going obsolete and replaceable with the new technologies that have emerged over the recent years. Moreover, International Financial sectors are adopting FinTech approaches and hiring more FinTech talents around the globe. 

  • Boost your creative thinking skills and decision making skills 

These days, when making financial decisions, for perhaps, investments, it is very common to get the help of Artificial Intelligence to make more “rational” decisions for us. This could not be possible without the backup for Financial Technologies and of course, FinTech professionals. 

  • The growth of the FinTech industry worldwide

The FinTech industry is undoubtedly growing exponentially all over the world, including Australia. The Fintech adoption in Australia has nearly quadrupled in the last four years, from 16 percent to 60 percent between 2015 and 2020. Hence, this highlights the relevance and need for FinTech talents all over the world. 

What Do You Study in a Fintech Course/ Degree?

  • Blockchain economics

  • Digital Currencies and Blockchain Technologies

  • Crowdfunding and Alternative Lending

  • Investigations in Financial Technology

  • Python programming language

  • R Studio and Tableau – evaluate and assess different investment decisions across various market conditions.

  • Financial Technology Project

  • FinTech Governance, Risk Management & Compliance

Career Opportunities for FinTech Graduates

Financial Technology graduates can pursue a wide range of exciting career opportunities in sectors such as; 

  • Payments and Transactions 
  • Insurance & Healthcare
  • Security Technology
  • Investments and Capital Markets
  • Digital Lending 
  • eCommerce and Marketing Tech
  • Financial Media and Data Solutions 

General Entry Requirements for FinTech Course/ Degree in Australia

Undergraduate Level

GCE A Levels 

Aggregate scores of 12 in minimum 2 subjects, where A*=6, A=5, B=4, C=3, D=2 and E=1

Malaysian Matriculation 

Point average 3.1 

International Baccalaureate Diploma Program (IBDP)



• lowest ATAR 81.05


•Grade average 2

*The requirements may vary among universities, for inquiries on other entry requirements, contact Excel Education.

Postgraduate Level

Bachelor’s Degree 

  • Any Bachelor’s Degree or higher from a recognized university with a minimum GPA of 4.0 (using a 7.0 scale)

To Enter Program with Advanced Standing:  

  • Bachelor degree in a related field such as Finance and/or Information Technology (or equivalent)  with a minimum  GPA of 4.0 (using a 7.0 scale)
  • Bachelor degree from a recognised University with a minimum  GPA of 4.0 AND have successfully passed the Level I examination for the Chartered Financial Analyst Program administered by the CFA Institute

*The requirements may vary among universities, for inquiries on other entry requirements, contact Excel Education.

General English Language Requirements for FinTech Course/ Degree in Australia


Overall 7, with no individual bands less than 6.0

TOEFL (Internet Based Test) 

Overall 94

TOEFL (Paper Based Test)


Pearson Test of English:


*The requirements may vary among universities, for inquiries on other entry requirements, contact Excel Education.

Top Universities To Study FinTech Courses/ Degrees in Australia

Below, we have provided a list of universities with FinTech programs ranging from undergraduate level to postgraduate level, that you can explore.

#1 University of New South Wales (UNSW)

Image Credits: UNSW

Course Details 


Bachelor of Commerce (FinTech) 


February | May | September 


3 Years (Full time)

Indicative Fees 

Contact Excel Education

#2 RMIT University

Image Credits: RMIT

Course Details 


Bachelor of Blockchain Business (Enabled Business) 


February | July


3 Years (Full time)

Indicative Fees 

Contact Excel Education

#3 Griffith University

Image Credits: Griffith University

Course Details 


Master of Financial Technology 


March | July


1.5 to 2 Years (Full time)

Indicative Fees 

Contact Excel Education

#4 Swinburne University

Course Details 


Master of Financial Technologies 


February | August


1.5 to 2 Years (Full time)

Indicative Fees 

Contact Excel Education

#5 Macquarie University

Image Credits: Macquarie University

Course Details 


Master of Banking and Finance with a Specialization in FinTech


February | July


1.5 to 2 Years (Full time)

Indicative Fees 

Contact Excel Education

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About The Author

Mariyam Naufa
I like to keep it simple. 
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