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Date: Thu, 12 Jul 2012
Venue: School of Information Systems, Singapore Management University
Your Journey into Financial Services Tech & Ops Begins Here
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Outline
• Why Singapore and A Career in Financial Services IT
• What Master of IT in Business (Financial Services) Is and Is Not
• What Make Us Different
• I am Interested! What’s Next?
• Questions & Answers
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Singapore Financial Services Landscape
• World’s 4th leading financial center.
– 6 Local banks
– 26 Foreign full banks
– 52 Wholesale banks
– 39 Offshore banks
– 1 Financial Holding Company
– 46 Merchant banks
– 36 Representative offices of banks
– 380 Money changes
– 80 Remittances
– 3 Finance companies
– 165 Institutions with ACU
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• World’s 4th largest foreign-exchange trading center.
– Average daily foreign exchange turnover volume reached US$266bln (2010 BIS Survey)
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Changi Business Park & Marina Bay Financial Center
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http://www.jtc.gov.sg/RealEstateSolutions/Business%20Park%20Land/Pages/Changi-Business-Park.aspx
http://www.mbfc.com.sg/management.html
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Why Financial Services IT
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Industry looking for people to:
• Fulfill the vital bridging roles across.• Work more effectively with the top
executives on various aspects.• Lead and manage technology, process, and
operational change initiatives.• Expand and assume more complex
responsibilities in Tech and Ops.• Move into Tech & Ops senior management
and executive positions.
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Outline
• Why Singapore and A Career in Financial Services IT
• What Master of IT in Business (Financial Services) Is and Is Not
• What Make Us Different
• How To Get a MITB(FS) Degree
• Questions & Answers
• About SMU and its Schools
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Bridging Academic and Industry
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Andrew BUTCHER
Managing Director
Chief Admin Officer
Asia Pacific
JPMorgan Chase
David GLEDHILL
Managing Director
Group Head, Technology
& Operations
DBS Bank
Venky KRISHNAKUMAR
Chairman
Oracle Financial Services
Software Ltd Singapore
Simon MCNAMARA
Chief Information Officer
Consumer Banking
Group Head Technology &
Operations
Standard Chartered Bank
Matthew QUINLAN
Global Chief
Technology Officer
Visa Inc
Ian RAE
General Manager
Technology Asia
PacificAustralia and New
Zealand Banking
Group Limited
Christophe TUMMERS
Managing Director
Information Technology
UBS AG
Susan HWEE
Executive Vice President
Information Technology
United Overseas Bank
Vikram SUD
Regional Head
Operations &
Technology
Citi Asia Pacific
TENG Soon Lang
Executive Vice President
Head, Group Quality &
Process Innovation
OCBC Bank
To be successful, financial firms will need to be more nimble, operationally efficient, and have better control and risk frameworks to meet the dramatically changing global landscape and customers’ needs.
Responding to this change means a heavier reliance on, and increased demand for seasoned Technology & Operations leadership and with a deep understanding of banking fundamentals to help drive the banking industry forward.
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Wanted by the Financial Services Industry …
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Experts in financial services technology, operations &
processes
Leaders of financial services innovations & change
management
Executives with proven expertise and relevant
experience
Technologists with the business management edge
to move into senior management positions
within financial services Tech & Ops
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… and fulfilled by the Master of IT in Business
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C.1* Innovation Management
C.2 Spreadsheet Modeling for Technology & Operations Decisions
C.3 IT Project & Vendor Management
C.4 Global Sourcing of Technology& Processes
C. Information Technology & Project Management
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… and fulfilled by the Master of IT in Business
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D. General Management forTechnology & Operations
D.1A* Financial Accounting for Financial Services
D.1C* Management Accounting for Technology & Operations Managers
D.2 Strategy & Organisation
D.3 Finance for Operational Technology & Operations Managers
D.4* HRM for Technology & Operations Managers
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… and fulfilled by the Master of IT in Business
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A.1 Banking Products & Processes
A.2 Retail Banking Technology: Processes, IT & Architecture
A.3 Corporate & Institutional Banking Technology: Processes, IT & Architecture
A.4 Financial Markets Technology: Processes, IT & Architecture
A.5 Lifecycle Implementation of Banking Products
A.6 FS Operational Risk: Foundation & Framework
A.7 FS Operational Risk: Data, Information, System & Architecture
A. Banking Processes, IT & Architecture
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… and fulfilled by the Master of IT in Business
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E.1 Capstone Project• Project definition, development & critique
workshops• Industry expert seminars & company site
visits
E.2 Project Delivery
E. Capstone Project
The Importance Capstone Project & Industry Attachment:
• An integration of learning points across multiple courses.
• Allows exploration of courses in greater depth.• Accumulation of real and relevant experience in
Financial Services Tech & Ops.• Opportunity to work with prospective employers.
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MITB (Financial Services) Program in a Nutshell
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A.1 Banking Products & Processes
A.2 Retail Banking Technology: Processes, IT & Architecture
A.3 Corporate & Institutional Banking Technology: Processes, IT & Architecture
A.4 Financial Markets Technology: Processes, IT & Architecture
A.5 Lifecycle Implementation of Banking Products
A.6 FS Operational Risk: Foundation & Framework
A.7 FS Operational Risk: Data, Information, System & Architecture
A.1 is compulsory, minimum 4 others
C.1* Innovation Management
* Half module
* Half module
C.2 Spreadsheet Modeling for Technology & Operation Decisions
C.3 IT Project & Vendor Management
C.4 Global Sourcing of Technology& Processes
A. Banking Processes, IT & Architecture
C. Information Technology & Project Management
D. General Management forTechnology & Operations
D.1A* Financial Accounting for Financial Services
D.1C* Management Accounting for Technology & Operations Managers
D.2 Strategy & Organisation
D.3 Finance for Technology & Operations Managers
D.4* HRM for Technology & Operations Managers
C.2 , D.1A , and D.1 C are compulsory unless exempted; choose 2.5 other courses across series C or D. Exempted course must be replaced by another course from A, B, C or D series.
E.1 Capstone Project• Project definition, development & critique workshops• Industry expert seminars & company site visits
E.2 Project Delivery
E. Capstone Project (worth 2 Course Units)
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Outline
• Why Singapore and A Career in Financial Services IT
• What Master IT Business (Financial Services) Is and Is Not
• What Make Us Different
• I am Interested! What’s Next?
• Questions & Answers
• About SMU and its Schools
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We Are One of Its Kind
• Unified Banking Process Framework = a solid foundation for the curriculum.
• Provides comprehensive and in-depth knowledge of business methods and management concepts required for assuming senior corporate positions.
• For the industry by the industry (industry seminar series).
• Trains students in processes, operations, technology solutions and innovation strategies in the Banking and Financial sector.
• Program is the result of a close collaboration between top industry experts, solution providers, government agencies and academia.
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Pedagogy
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• Small class sizes, seminar style learning allows participative learning and maximum interaction.
• Not only you are learning from the professors, you are also learning from the person sitting next to you.
Beyond Lectures
Beyond lecture
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Learning Beyond Campus
• Industry projects,
• Industry attachments
• Networking
• Seminars with industry
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Network with prospective employers • Monthly Seminars• Networking Events• Career Fairs• Career Coaching• Job Posters
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Our Faculty
• Learn from professors and instructors who are also industry veterans with years of practical experience in their area of focus.
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Gayathri DWARAKNATH Full Time Faculty
Working ExperienceCitibank, Senior VP
Randall DURAN Adjunct Faculty
Working ExperienceCEO, Catena Technologies Pte Ltd, Singapore
Beyond Academia
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We Are Experiential
• Configure and deploy algorithms for high frequency trading with Progress Apama.
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Progress Apama complex event processing (CEP) platform named a standout leader in "The Forrester Wave™: Complex Event Processing Platforms, Q3 2009"(Aug 2009) Report.
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Real Life Hands-on Experience
• Oracle FLEXCUBE Core Banking and Oracle FLEXCUBE Universal Banking are in the Leaders quadrant of "Magic Quadrant” for International Retail Core Banking, 2009 Gartner report.
• Calypso Technology, Inc., the global capital markets platform provider, today announced that it has won first place in the Risk Magazine Technology Awards 2011 for “System Implementation Efficiency.”
• SAS positioned in Visionaries quadrant in leading industry analyst firm's enterprise governance, risk and compliance (GRC) platforms assessment.
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We build your "Portfolio" through a Capstone Project!
• Data Centre Capacity Modelling Capstone
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
RU
's
Future Projected Requirements
+3s
+2s
+1s
m
-1s
-2s
-3s
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Sample of Capstone Projects
Risk & Security Related • Fraud Monitoring & Detection System
• Low Cost Two-factor Authentication
• Managing the Challenges of Spreadsheet and Other Applications that are Developed and Maintained by Users
• Signature Recognition Device for Mobile Relationship Managers
• Technology and Operations Risk Management
• Wholesale Bank Operational Dashboarding
Operations Management • Change Management Study Financial
Institution's Credit Admin Process Improvement
• Migration of Core System & Credit Card (Business Process Re-engineering Analysis)
• Western European Service Center -Microsoft Office Sharepoint Server 2007 Implementation project
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Core Systems
• Core Banking Platform Study
• Creativity and Business Innovation for Offshore/ Onshore Customers for Priority Banking
Integrating and putting into use what you learnt
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Industry Consultation and Partnership
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Outline
• Why Singapore and A Career in Financial Services IT
• What Master of IT in Business (Financial Services) Is and Is Not
• What Make Us Different
• I am Interested! What’s Next?
• Questions & Answers
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You should drop us an application! If you have…
• A good Bachelor's degree preferably in Computer Science, Information Systems, IT, Engineering or Science!
• 2 years of IT and/or operations related work experience in Banking, or other segments of the financial services industry!
• Strong IT and/or operations work experience in other industries!
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Application is Simple
• Go Online www.mitb.sg/fs
• Just 2 referees
– They can be your colleagues
• Call us for an interview.
– Or simply register and we will call you.
• Submit your GMAT/GRE.
– Taken within the last 5 years.
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You can apply prior to taking the GMAT.Check the next available date at: www.gmat.com
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Who are your classmates?
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45%
33%
6%
12%
6%
Age Group
< 30 years old
30 to 34 years old
35 to 39 years old
40 to 45 years old
> 45 years old
3% 6%3%
48%3%3%
3%3%
21%
6%
Country China
Philippines
Hong Kong
India
Indonesia
Malaysia
Maldives
Myanmar
Singapore
Vietnam
6%
33%
33%
27%
Years of Work Experience
< 2 years
2 years to 5 years
6 years to 10 years
> 10 years
55%
21%3%
3%
18%
Industry
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Win a Prize, at The Same Time Meet Your Capstone Project Requirement!
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Why They Chose MITB-FS
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Success Stories
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