About the Program
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I. Program Title
Master of Science in Financial Technology (MSFT)
II. Program website
III. Program Description
Why Choose the MSFT Program at the School of Finance, Renmin University of China (SFRUC)?
SFRUC is the 1st school in China that provides a fully English- taught FinTech master program for international students. It was designed to cultivate global FinTech talents and business leaders equipped with financial expertise, technology skills and innovative spirits, especially with a focus on China.
With SFRUC's rich academic resources and strong alumni network in the FinTech industry, this program offers international students a comprehensive curriculum that emphasizes both academic and technological skills, creating abundant opportunities for FinTech hybrid professionals from all kinds of fields.
Whom Are We Looking For?
People around the globe with diversified professional backgrounds who want to:
n Seek FinTech expertise to elevate their career as hybrid professionals or expand their management capacity in FinTech projects;
n Know more of China's booming FinTech market and get hands-on practical experiences and do business with China;
n Work in China's big techs and across a wide range of FinTech businesses, including banking, insurance, wealth management and digital payment services;
n Make FinTech investments in China;
n Make your own FinTech start-up in China or elsewhere....
Mode of Delivery
Ø The program’s typical duration is 2 years, taught in English.
Ø Courses are comprised of lectures and case studies, supplemented by group discussions, simulation exercises，seminars and typical enterprise visits.
Program Highlights
Ø Build connections with China's financial industry and big techs through RUC's strong alumni connection and the program 's partnership with FinTech firms;
Ø Find business and entrepreneurship opportunities in China's more high technology- driven economy featuring AI, digitization, 5G and etc;
Ø Master financial technology expertise taught by university’s best finance and business professors and guest lecturers from industry leaders;
Ø More access to networking opportunities and learning resources through RUC's world-class think tanks;
Ø Gain comprehensive understanding of China's economy, financial system and policies, FinTech industry trends, capital markets, and business models;
Ø Integrate Chinese culture and language learning experiences into daily life;
Ø Top FinTech industry advisors to the program offer more practice opportunities and strong alumni network.
IV. Admission
Eligibility
n Nationality is not Chinese;
n Obtained a Bachelor’s degree, or is about to obtain a Bachelor’s degree before 31th August, 2025;
n Preferably major in Finance, Economics, Business, Mathematics, Statistics, Computer Science, Engineering, Law and etc;
n Proof of English language proficiency.
Application Time:
Self-financed applicant:
December 3, 2024- May 31, 2025
Please note:
(1) Chinese Government Scholarship (Type B: High-level Program) applicant: December 3, 2024- February 15, 2025
(2) International Students Office (ISO) of RUC will review the application materials during the application period. Applicants who do not pass the preliminary online review shall resubmit the application materials before the deadline. Late application will not be accepted after the deadline.
Application Process
1. Online Application
Applicants must log in to the International Students Application System of Renmin University of China (http://international.ruc.edu.cn/application) within the application time, fill in the application information authentically, upload the application materials and pay the application fee online in the system. The application fee is RMB 800. The application fee will not be refunded.
2. Qualification Review
RUC will review the applicants’ information and materials in the application system within the application time. Applicants who do not pass the online preliminary review should re-upload the related information or documents in time within the application period.
3. Mail Documents
Applicants should mail the hard copies of the application materials to the university through EMS or SF-Express within one week after passing the Qualification Review.
4. School Review
After the qualification review, the school will review the application documents. Applicants will get the interview notice if the check of the application documents is approved.
5. Admission and Enrollment
The university will publish the results of enrollments from March to July, 2025. Students should bring the admission documents including admission notice for onsite registration in September, 2025 to the university. The university will re-check the applicant’s information and documents after onsite registration. If there were any violations or fraudulent situation found, the university will turn down the admission.
V. Application Materials
1. Application Form for International Students of Renmin University of China (Original)
After online application, the system will automatically generate an application form. The form should be printed and signed.
2. Final Education Certificate
1) Applicants who have graduated should submit the copy of their final education certificate, with the notarization or verification of the final education certificate by the institutions entrusted by the Education Ministries.
2) If the applicant is currently a student at school, please submit the original Certificate of Expected Graduation issued by the current university. The copy of their final education certificate, with the notarization or verification of the final education certificate by the institutions entrusted by the Education Ministries must be provided to the university before registration.
3. Transcript (Original)
Transcript must include a list of all completed courses up to graduating year. If the score is not in centesimal system, an explanation of the grading scale is needed.
4. Copies of the Information Page of the Passport
The applicant must hold an ordinary passport. The validity of the passport must be later than March 31, 2026. If the applicant is currently in China, please provide the copy of the visa page (if any).
Notes:
1) The university does not accept applicants who hold the following documents to apply as international students: "Travel Permit of the People's Republic of China", "Exit Entry Permit of the People's Republic of China", "Mainland Travel Permit for Hong Kong and Macao Residents", "Mainland Travel Permit for Taiwan Residents", "Residence Permit for Hong Kong, Macao/Taiwan Residents of the People's Republic of China", etc.
2) Applicant is not allowed to change the passport or personal information from the date of application until 3 months after onsite registration. The personal information includes name, gender, date of birth, nationality, passport number, and etc. If it was unavoidable to change your passport or personal information due to extremely special circumstances or force majeure, a written application should be submitted to the University for the Consent from the university. If the identity documents and personal information submitted by the applicant did not match the personal information provided during the application and admission process, the university will turn down the enrollment procedures.
5. Two Recommendation Letters
Two recommendation letters from two professors or associate professors written in Chinese or English are mandatory. The recommendation letters must contain the signature, name, position, work unit, and other information of the recommender of the referee.
6. Personal Statement and Study Plan
The personal statement and the study plan shall be written in English. It provides an opportunity for you to present yourself including personal study and work experience, academic research achievements, research plans, career planning after graduation, etc.
7. Foreigner Physical Examination Form (Original)
The Foreigner Physical Examination Form should be the original document in English or Chinese. The template of Foreigner Physical Examination Form can be downloaded on the website of International Students Office (http://iso.ruc.edu.cn/ENGLISH/Download/ApplicationDocuments/index.htm). The applicant should go to local authentic hospital for physical examination in strict accordance with the items specified in the Foreigner Physical Examination Form. A physical examination form missing items, photo, cross-page seal, signature of the doctor, and the seal of the hospital is considered invalid. The validity of The Foreigner Physical Examination Form is 6 months.
8. English Proficiency Certificate
The overall score of IELTS must be 6.0 or above, or TOEFL score must be 90 or above. Applicants who have obtained an English-taught degree should provide a certificate of language instruction issued by their previous universities. Applicants who are native English speakers (including those of Chinese descent born in foreign countries) are not required to submit English proficiency certificate.
9. Proof of Economic Capability (choose one of the following)
1) The Employment & Income Certificate of the applicant or the guarantor
2) The Bank deposit of applicant or the guarantor should be no less than RMB 30,000.
10. Statement of Guarantee (Original)
The template of the State of Guarantee can be downloaded from the website of the International Students Office (http://iso.ruc.edu.cn/ENGLISH/Download/ApplicationDocuments/index.htm). The Statement of Guarantee should be signed by the economic guarantor.
11. Certificate of No Criminal Record (original or notarized copy).
1) Applicants who are currently not reside in Chinese mainland should offer the certificate issued by the local public security department.
2) Applicants who are currently reside in Chinese mainland should offer the certificate issued by entry and exit administration departments of China.
The Renmin University of China Commitment Letter for Non-Criminal Record on International Students Office website is not for the Master Programs in English, and it cannot be used as the Certificate of No Criminal Record.
12. Nationality Proof
According to the Nationality Law of the People’s Republic of China and the Letter No.12 [2020] of the Ministry of Education of the People’s Republic of China, some applicants shall provide additional materials as National Proof Documents.
13. Other Supportive Documents
Copies of published academic papers, awards or other research results may be attached if necessary.
Matters needing attention: All application documents shall be in Chinese / English. And all application materials will not be returned once submitted.
According to the university charter, our institution operates across the Zhongguancun Campus and the Tongzhou Campus.
VI. Tuition
The current tuition fee is 75,000 RMB (around 11,600 USD) per academic year and 150,000RMB（23,200 USD）for two years in total. This does not cover costs of accommodation, meals, course materials, medical care services, field trip related expenses and other personal expenses.
VII. Scholarships Application
1. Chinese Government Scholarship Type A: Bilateral Program
The applicant should first apply to the dispatching authorities for overseas study of your home country, such as Chinese embassies and consulates abroad or other organizations. Applicant should log in to the Chinese Government Scholarship Information System (https://studyinchina.csc.edu.cn), and fill out the application form and choose Type A. The first choice of the university should be Renmin University of China.
The dispatching authorities will send the application information to the university to decide whether the application can be approved by qualification and interview.
2. Chinese Government Scholarship Type B: High-level Program and Silk Road Program
The applicant should apply to the university and the Chinese Scholarship Council at the same time while applying for the master program. Applicant should log in the Chinese Government Scholarship Information System (https://studyinchina.csc.edu.cn) and fill out the application form by choosing Type B, High-level Program or Silk Road Program. Agency number of Renmin University of China is 10002.The final name list will be issued by the China Scholarship Council. The application period and enrollment guide will be further notified.
3. Beijing Municipal Government Scholarship
The scholarship will provide tuition reduction to the students for the first academic year accordingly. The full scholarship is the reduction of 30000 yuan, half scholarship is the reduction of 15000 yuan. If the basic tuition is lower than the amount of the reduction, the reduction will considered the factual situation. The application requirements and procedure will be further notified.
VIII. Insurance
China’s Ministry of Education requires international students to purchase and maintain comprehensive insurance. The university will not register any student without a valid insurance. For more information, please refer to the website: http://www.lxbx.net
IX. Course Design
SFRUC is a leader in introducing the so-called “FABCDE” FinTech education system that comprises every sub-field of FinTech and combines both theory, expertise and hands-on expediences.
Extended Learning and Activities
Singapore FinTech Trip
Hangzhou FinTech Trip
Visiting the Academy of Internet Finance,Hangzhou
Trip to the old campus on Zhangzizhong Road
Field Trips can promote more understanding of Chinese firms and economy and build connections for students who wish to work in China.
We currently offer visits to:
n High-tech companies, including Big Techs and Tech start-ups in the fields of FinTech, Al, Big Data, and Cloud Service;
n Commercial banks and state-owned enterprises;
n Securities companies, insurance companies and other financial institutions;
n Industrial corporations;
n Financial regulatory bodies, international financial organizations and etc.
Extracurricular Activities:
n Monthly online FinTech webinar series;
n Team-building and networking activities with program alumni and international students from other schools;
n RUC International Summer School (English lecture series for RUC Students in July);
n Tours and sightseeing in China...
Alumni’ s Voice
The School of Finance at RUC has nurtured my financial expertise with the values and wisdom imparted by top-notch professors and school staffs who make me elevate in both academic and professional front.
——Abiral Khatri, Nepalese, Class of 2018
The inclusive orientation of the MSFT Program gave me a meaningful experience which made me believe that this is my ideal school for master degree and research.
——Vidhya Shree.R, Indian, Class of 2021
“I am a 2022 MSFT program student developing expertise in FinTech through impactful field trips to tech companies and engaging classes with knowledgeable professors. As President of the International Student Association, I lead a team that supports cultural exchange at Renmin University. After graduation, I aim to leverage my strengthened technical abilities and leadership skills to drive technological innovation that improves lives globally.”
——Ren Valeryia, Belarusian, Class of 2022
X. Contact
Ms. Song
Tel:+(86)10-82509889
Email: ms_finance@ruc.edu.cn
Office Add: Room 605 B, Mingde Main Building, No. 59, Zhongguancun St., Haidian Dist., Beijing 100872 P. R. China
