India’s Telecom Minister, Ravi Shankar Prasad, recently announced that the 5G spectrum auction will be conducted this year-end or early next year.
The communications policy is already in place, and by the end of this year or the beginning of next year, the government expects to auction the spectrum.
The government is confident that the auction of the spectrum will be done fairly and transparently, the Minister said at an event in Mumbai.
According to news reports, earlier in June, the Department of Telecom (DoT) outlined plans to hold the next spectrum sale first since 2016 by December 2019. Under the scheme, the government plans to auction around 8,293.95 MHz of airwaves at an estimated total base price of IN 5.86 trillion (about US $79.96 billion).
The DoT has suggested a base price for 5G airwaves at IN 492 crores (US $69.2 million) per MHz and proposed a sale of a minimum 20 MHz blocks, which would mean a telco spending close to IN 10,000 crore (about US $1.47 billion) for 20 MHz, and IN 50,000 crores (US $7.39 billion) for 100 MHz.
The Minister said that the department will “surely look into all the issues of the telecom sector.” Many have already been taken up, and the government will continue to pursue them.
The government will be open to assist, facilitate, guide, and motivate, but in turn will expect telecom operators to reinforce their management, technology, and services, he added.
At the event, the Minister launched a maritime communication service. It aims to provide broadband services to the maritime sector. Maritime connectivity will enable support to those at sea by providing data and video services to sailing vessels, cruise liners, and ships in India using satellite technology.
The service is being launched under the in-flight and maritime communications (IFMC) license announced by the government in December 2018. IFMC allows voice and internet services while flying over the Indian skies and sailing in Indian waters, both for international and domestic aircraft and vessels.
At the event, the Minister also launched a pilot project in Maharashtra that can trace stolen mobile phones.
Digital inclusion is the essence of Digital India, and the government plans to leverage the use of technology for it. Linking Jan Dhan accounts with mobile phones and Aadhar cards is an example of it, he said.
Last year, OpenGov reported that the India Mobile Congress (IMC) held an event to discuss the future of 5G in the country. The government announced its commitment of the industry to roll-out one million WiFi hotspots in the country by December 2019.
The economic benefits from the 5G technology are far-reaching. The Organisation for Economic Cooperation and Development (OECD) Committee on Digital Economic Policy, stated that 5G technologies will help increase the country’s GDP, generate employment, and digitise the economy.
For India, 5G provides an opportunity for the industry to reach out to global markets, and consumers to gain with the economies of scale.
The Indian Institute of Technology in Bombay (IIT-Bombay) is offering a free online course on Java on the SWAYAM platform, which is open for anyone interested in learning the programming language. SWAYAM, which stands for Study Webs of Active-Learning for Young Aspiring Minds is a government-run open online course platform.
The spoken tutorial on Java has been funded by the National Mission on Education through Information and Communication Technology, under the Ministry of Human Resource Development. The course comprises 43 audio-video spoken tutorials by Professor Kannan Moudgalya, the Principal Investigator of Spoken Tutorial Project, IIT-Bombay.
“Calling out to the Java experts! Master the codes and concepts of this object-oriented, open-source, high-level programming language with the Java course by IIT Bombay on Swayam,” the official Twitter account of SWAYAM tweeted.
According to a news report, the course will be useful for high-school and college students. Software users, developers, working professionals, trainers, and research scholars. Anybody who stands to benefit from the technology.
Java is a technology that has various applications and is associated with benefits like strong memory allocation and an automatic garbage collection mechanism. It has powerful exception handling and type-checking mechanisms. A compiler checks the programme for any errors, and an interpreter checks any runtime errors, making the system secure from crashes.
The Java spoken tutorial available on the SWAYAM platform has been contributed jointly by TalentSprint, Hyderabad, and the Spoken Tutorial Team under IIT-Bombay. The spoken tutorial has been approved by the All-India Council for Technical Education (AICTE) and can be covered in 15 weeks. Candidates who want to enrol in the course can register on the SWAYAM platform to access the spoken tutorial.
Last month, OpenGov Asia reported that IIT-Bombay announced it was establishing a Technocraft Centre for Applied Artificial Intelligence (TCA2I) to grow collaborations between the industry and academia in applied AI. It focuses on research across domains. It is looking at interdisciplinary research in the application of AI in supply chains, logistics, transportation, and cybersecurity, among others.
Apart from IIT-Bombay, several public educational institutes have launched programmes focusing on digital literacy. It is estimated that India will need nine times as many digital skilled workers by 2025. The average Indian worker will need to develop seven new digital skills to keep pace with tech advancements and demand. This amounts to a total of 3.9 billion digital skill trainings from 2020 to 2025.
Recently, IIT-Madras’ Robert Bosch Centre for Data Science and AI (RBCDSAI) launched a fellowship in Artificial Intelligence for Social Good. Early-career researchers or recent PhD graduates in computer science, computational and data sciences, biomedical sciences, management, finance, and other engineering branches can apply for the fellowship.
The fellowship is designed to enable outstanding candidates to establish their independent research profiles and contribute significantly to socially relevant AI research. As remuneration, the fellows will get a salary of IN15-18 lakhs (approximately US$20,000-24,000) per year, depending on the experience (equivalent to Assistant Professor’s starting salary at any IIT) for a non-renewable term of three years.
A pregnant mother wanting to test for Down’s Syndrome in her unborn baby without invasive testing. A doctor trying to make a call on the optimal drug and dosage for a safer and more effective treatment. These are some of the people that the Singapore National Precision Medicine (SG-NPM) programme aims to help.
Established in 2017, the vision of this 10-year effort is to enable a healthcare strategy that is tailored to Singapore’s population diversity through precision medicine – a move that can revolutionise how healthcare is delivered.
Precision medicine takes individual variations in genetics, environmental and lifestyle factors into account, allowing doctors to more accurately predict which treatment and prevention strategies will work in different groups of people. Enabled by tools to analyse data on a large scale and with DNA sequencing becoming more affordable, precision medicine can improve healthcare by giving doctors a more detailed understanding of each patient.
Central to the effort is the Centre for Big data and Integrative Genomics (c-BIG), a collaboration between four A*STAR research institutes – the Genome Institute of Singapore (GIS), the Bioinformatics Institute (BII), the Institute of High Performance Computing (IHPC) and the Institute for Infocomm Research (I2R).
These efforts are coordinated under A*STAR’s Artificial Intelligence, Analytics And Informatics Horizontal Technology Programme Office (AI3 HTPO), which catalyses the development and application of A*STAR’s broad range data science, AI capabilities and technologies for a wide range of industry sectors.
“The first step was to build an IT infrastructure to securely store, analyse and share genomics data at scale to produce and distribute a reference catalogue that captures the genetic variation of 10,000 healthy Singaporeans,” said Dr Shyam Prabhakar, Associate Director, Spatial and Single Cell Systems at A*STAR’s GIS.
This first phase of the NPM has been completed, where the researchers have created the world’s largest genetic databank of Asian populations, which has three Asian populations: Chinese, Indian, and Malay represented. The time is now ripe for Phase 2, which will be to scale up the database.
“The next step is to extend the generation of genetic and phenotypic diversity data to 100,000 healthy Singaporeans in NPM Phase 2, drawing on the capabilities of A*STAR and our ecosystem partners,” said Prof Patrick Tan, Executive Director of GIS, and Executive Director of PRECISE (Precision Health Research Singapore).
“The richness of the data provided by the database, combined with our knowledge of Asian genetics accumulated over the years, means that the clinical applications of genomics are vast.”
This genetic databank is useful for analysis to reveal patterns, trends, and associations, and especially to identify millions of novel Asian-specific genetic variants. Understanding the actual genetic makeup of the Asian population allows the tailoring of products and medicines for this specific market.
For example, genomics can be found at the core of diagnostic tests, such as the use of non-invasive prenatal testing (NIPT) in pregnancy to identify children who may be born with debilitating or fatal genetic defects. Similarly, knowing the genetic variants that an individual carries can be used to estimate their likelihood of suffering from diseases such as diabetes or schizophrenia. Genomics can also be used to guide targeted treatments, such as administering the right drug in the right dose, relevant in pharmacogenomics (PGx), the study of how genes can influence responses to drugs.
The c-BIG initiative has contributed to delivering that vision through a variety of technologies and ecosystems. Leveraging the data storage and computing power capability from the National Supercomputing Centre, the team was able to deploy state-of-the-art genome analytics algorithms at an industrial scale to uncover the genetic variants of each individual.
A custom-built secured cloud-based big-data infrastructure has also been developed to enable and facilitate controlled programmatic and web-based graphical interface data access and analysis capabilities to Singapore’s biomedical research community. As the programme grows in the next phase, c-BIG will continue to scale by building on next-level data management, analytics and artificial intelligence (AI).
“The custom data sharing services built by c-BIG will enable secure mining of the resource, and thus pave the way for the discovery of new research insights and actionable clinical findings,” said Dr Nicolas Bertin, Chief Architect of the c-BIG’s NPM infrastructure.
As the team looks to tackle the new scalability challenges posed in NPM Phase 2, researchers are already working to source new types of data to enable richer integrative analyses, including methylation and single-cell expression signals.
The addition of new data types and scaling up of the databank will empower researchers and medical professionals to better understand the inherited diseases in Asian populations. This would pave the way to develop new treatments and ways to predict and diagnose diseases and enable more effective and efficient healthcare services for both Singapore and Asian populations.
Vietnam Digital Transformation (DX) Day 2021 will take place from 26-27 May in Hanoi with conferences on digital transformation in eight priority sectors, as set out in the national digital transformation strategy.
They include finance and banking, healthcare, education, agriculture, transport and logistics, energy, natural resources and the environment, and manufacturing. Vietnam DX Day will also feature two conferences on digital transformation for small and medium-sized enterprises and digital start-up promotion.
According to the Vietnam Software and IT Services Association (VINASA), the event is expected to attract the attendance of 3,000 delegates from government agencies and the business community. Its agenda will focus on four main contents:
- updates on digital transformation trends
- introduction of effective digital transformation methods
- sharing of success stories
- connecting supply and demand in digital transformation
On the sidelines of the event, there will be an online conference to introduce Vietnamese digital platforms and solutions.
Earlier this week, a networking event was held by the Vietnam Post and Telecommunications Group (VNPT) and the Ho Chi Minh City Computer Association, aimed at connecting partners in digital transformation.
The programme gathered telecommunications and digital technology businesses to share their visions and goals while providing a comprehensive set of digital conversion solutions for customers, especially small and medium-sized enterprises.
As the fourth Industrial Revolution has exploded, digital transformation has become a vital factor for the existence and development of enterprises, especially in the context of the widespread COVID-19 epidemic.
Digital transformation is an opportunity, but also a challenge, requiring countries and businesses around the world to make drastic changes to keep pace with advancements in technology and science, a press release by the Ministry of Information and Communications noted.
Meanwhile, according to a survey by the Vietnam Software and IT Services (VINASA), only about 15% of domestic enterprises are taking steps towards full digital transformation. On the other hand, most small and medium-sized enterprises face difficulties in capital, so complete digital conversion is not feasible.
At the conference, VNPT Acting General Director Huynh Quang Liem said that VNPT has gained positive results in supporting the government, relevant ministries, sectors, and localities in digital conversion. The group is expected to provide more support in this field for businesses, especially small and medium-sized ones. He called for further cooperation with digital enterprises, which the group pledges to provide with the best infrastructure to develop solutions for digital transformation.
Additionally, with its existing digital capabilities, VNPT is also ready to integrate new solutions into the group’s digital ecosystem. Through its sales network covering 63 provinces and cities, these products will reach customers quickly, becoming a synergy of digital businesses to speed up and promote the efficiency of the national digital transformation process.
HCA Chairman Lam Nguyen Hai Long said that the cooperation with VNPT has helped its members expand upon new sales channels and reach more potential customers. It has also helped digital enterprises in Ho Chi Minh City save costs on infrastructural investment and accelerate digital transformation activities across a range of socio-economic sectors.
Through this activity, VNPT and other tech giants would create similar programmes for Vietnam’s small and medium-sized technology enterprises to develop rapidly and sustainably.
Also at the event, HCA and VNPT signed a cooperation agreement on training and consulting in digital transformation. They are committed to promoting cooperation between VNPT and IT enterprises in the city by providing digital products and solutions to small enterprises.
Immersive virtual reality (VR) technology could help speech pathologists treat communication disorders, according to University of Queensland research.
Dr Atiyeh Vaezipour, from the RECOVER Injury Research Centre, said the results provided a foundation to inform the design, development and implementation of a VR system to be used in the rehabilitation of people with acquired communication disorders.
“Communication disorders can result in significant barriers to everyday life activities, and commonly require long-term rehabilitation,” Dr Vaezipour said. “Traditionally, speech pathologists deliver therapy in places such as hospitals and health centres, where there are limited opportunities for real-life interaction.”
It was noted that VR applications could simulate social communication situations that are difficult to create within the clinic in realistic, personally relevant and safe environments. VR could be used as a rehabilitation tool in communication environments that mimic the richness, complexity and dynamics of everyday situations.
Dr Vaezipour interviewed and surveyed speech pathologists following their use of an immersive VR kitchen environment. Participants in this study were positive about the usefulness of VR and its potential applications to the management of communication disorders within speech-language pathology, she said.
She also noted that speech pathologists considered VR to be a viable option for observation of communication performance in more life-like environments, bridging the gap between communication in the clinic and communication in external environments where distractions are present, such as background noise or visual complexity.
VR could provide valid contexts for people to practise their communication skills, build confidence interacting with others and generalise their communication skills to various environments. Dr Vaezipour said a human-centred design process was critical in developing VR tools for use in clinical practice. “Immersive VR applications will require customisation and adaptation capabilities that enable tailoring to the specific target goals, and physical, cognitive, and communication needs of the client,” she said.
Incorporating human factors from the early stages of design and development could enable the successful adoption of novel technologies in rehabilitation. More evidence-based research to support the use of immersive VR in the management of adult neurogenic communication disorders is critical to enhancing uptake and sustained use by speech pathologists.
The study is published in the journal Disability and Rehabilitation.
The potential of VR in the medical profession
According to another article, virtual reality technology is used in many areas of healthcare, in a variety of applications. These include medical training, for both doctors in training and students, patient treatment, medical marketing, and educating people about a disease or medical condition or process.
Current medical training has shifted from the rote memorisation of facts to imparting skills to use facts to arrive at a proper management strategy when faced with a given patient. This training includes problem-oriented learning, communication skills, and VR-based learning.
Any kind of medical situation can be simulated using VR, to allow the students to deal with it as in real life. This is followed by feedback and debriefing, to allow them to learn from their mistakes, if any. The cheapness of VR systems and the fact that faculty are not required to be present makes access more flexible and broad-based.
VR can be used to help medical professionals visualize the interior of the human body, thus unveiling otherwise inaccessible areas. For one, the dissection of cadavers, which was a norm for every new medical student, has given way to the study of human anatomy via VR.
Computer graphics have made it possible to recreate any part of the body in great detail, with extreme faithfulness to reality. Moreover, training can be offered using scenarios that closely mimic common surgical situations.
The high cost of such VR environments, including the cost of monitors, programming, and the other tools required for such training, may perhaps be offset by including a greater number of students in each program. However, the results are superior, with more accurate knowledge resulting from the use of VR.
In the recently held e-symposium Artificial Intelligence (AI) for Air Warriors, the Indian Air Force (IAF) Air Chief Marshal RKS Bhadauria and domestic and international experts explored AI-based solutions for air combat operations.
AI has grown significantly in the commercial sector and militaries across the world are pushing to deploy advanced technologies in their war-fighting facilities. Several initiatives to automate processes to improve the efficiency of aircraft maintenance operations have been launched. The sector has already digitised parts through electronic management systems. IAF is now focusing on AI-based applications on aircraft maintenance-related projects. Currently, IAF is working on predictive maintenance and the use of AI for predictive threat scenarios.
According to a C4I (command, control, communication, computers, and intelligence) expert, information received from heterogeneous sources is fused to enhance detection capabilities and identify targets. Multi-platform and multi-sensor data fusion is key. An AI-based decision support systems (DSS) architecture must be created for complex air combat operation environments. The latest generation of fighter jets are up to 90% software-centric for target detection, categorisation, tracking, and engagement activities. A human pilot cannot process the enormous amount of high-speed data being generated by multiple sensors. Only high-end processors that are manufactured for hard real-time architecture and run on a real-time operating system (RTOS) can process this data.
The net-centric tactical ISR information, combined with the joint operations in a combat mission requires information collection and transmission among net units (like satellites and air electronic warfare). Moving real-time information across multiple systems in the loop always diminishes the `real-time’ quotient within the information, making the data stale for use. Here, AI-driven, multi-access networking, and edge computing architecture are ideal communication solutions. Free-space optical (FSO) communication, 5G, and Satcom channels of communication can achieve flexible and assured bandwidth.
AI in unmanned aerial vehicles (UAVs) is the natural extrapolation, making the drones truly autonomous. These air-launched UAVs are capable of stand-off imaging and extended range communication. UAVs are expected to improve the decision support capabilities on the edge, making the DSS systems more efficient.
The use of AI for predictive maintenance is an already evolved field commercially. AI-based predictions maximise efficiency, reduce unplanned downtime, and increase equipment reliability. Coupled with a maintenance scheduler application, it provides the ability to manage, schedule, and execute maintenance programmes for thousands of machines. It also helps a user to manage the full asset lifecycle to aid intelligent strategic planning. It is possible to provide alerts via alarms, email triggers, or SMS notifications to prompt action. Aircrafts have a well-defined, structured, and strict maintenance schedule. The Ops Logistic Concept can be effectively implemented using similar AI-based predictive maintenance techniques.
The need for unbiased data to train and test combat systems is one of the biggest challenges for IAF. Also, security aspects like smart cloud servers available in India independently to provide data confidentiality and cybersecurity in support infrastructure needs to be addressed. AI solutions in air combat and predictive maintenance are expected to change the IAF standard operating procedures in the near future.
A robotic fish with wide-ranging functions from search and rescue to providing entertainment at an aquarium sounds like an unattainable dream but is the fruit of research by a young engineering team at the University of Hong Kong (HKU).
SNAPP, the robotic fish, currently holds the Guinness World Record for the fastest 50m swim by a robotic fish in 22.92s or at 2.18 m/s (meters per second), which is faster than most Olympic swimmers including Michael Phelps, who averages a speed of 2.1 m/s.
The robotic fish was invented by a student-staff team led by the Department of Mechanical Engineering and sponsored by the Tam Wing Fan Innovation Wing under HKU’s Faculty of Engineering.
The founder of the robotics team BREED is Timothy Ng, an HKU mechanical engineering graduate, who is happy to see that the team’s joint effort had reached one milestone after another. The team started out trying to invent a fish that could beat top high-school swimmers.
After initial success, they furthered their research to beat Olympic champions, and the result has been astounding. In January 2020, the team first set the Guinness World Record for the fastest 50m swim by a robotic fish with 26.79s. SNAPP is another breakthrough. “We have surpassed most Olympic swimmers except Cesar Cielo, who swam 50 meters in 20.91 seconds,” said Ng.
SNAPP is the fastest robotic fish to date, breaking the scientific boundaries known to mankind swimming, at a speed of 2.18 m/s. Other noteworthy fish robots such as Harvard’s Tunabot swims at 1m/s. Mr. Ng said: “By using flexible and soft methods in the tail design, we achieved our present record from the original 1.2m/s. This is the key to underwater propulsion.”
The team is encouraged by the fact that SNAPP is optimal for an array of functions. Professor Dennis Leung, Head of the Department of Mechanical Engineering and an environmental specialist, said: “I am very pleased with the research output of the robotic fish project. Apart from breaking the Guinness record, the robotic fish can also be applied in our everyday life. It is particularly useful in environmental protection such as monitoring water quality as well as surveillance of rubbish and oil spillage in seawater.”
Although SNAPP cannot yet match the swimming speeds of natural fishes, which have undergone millions of years of optimization in an evolutionary process, through the efforts of the team, it emulates the motions and profile of a real fish, hence it can integrate with the ocean environment seamlessly. Its fish-like gait produces low acoustic noise, keeping underwater sound pollution to a minimum.
With its unparalleled underwater mobility, and the ability to provide floating support and towing capability in the absence of lifeguards, the robotic fish is also ideal for rescue and search operations. When integrated with an artificial intelligence-based vision system and using an aerial drone, it could form a robust system providing unparalleled search and rescue of victims from both air and water.
It brings many new opportunities when integrated with other robotic technologies like drones, according to the supervisor of the project, Dr Fu Zhang, Assistant Professor of the Department of Mechanical Engineering, who is a robotics specialist, especially in aerial drones.
He stated, “The robotic fish project is truly interesting and significant in both research and practice. Its success would benefit applications such as underwater exploration and in saving lives, etc. Most of the oceans are yet to be seen by humankind, and new technologies can help protect the shorelines and public beaches from sharks while policing water boundaries and defining territorial maps.”
According to the World Health Organization, an estimated 320,000 deaths are caused by drowning each year. “The deaths of the professional divers in the Thai cave rescue operation years ago could have been avoided if SNAPP were available to them,” said Mr. Ng.
With its thin profile, SNAPP is fit for both shallow and deep-sea operations, capable of moving through undersea rock formations and fitting through tight crevices. The current prototype allows it to accelerate to a maximum speed within 0.5s, make tight turns with its caudal fin, and swim continuously for hours in a mixed swimming mode fish on a 48V, 850 mAh battery.
The robotics team is already working on using SNAPP to address ocean pollution and to scout for underwater garbage patches. The fish can relay their location back to a much larger collector, or be deployed to take water samples periodically in river basins, and to monitor the water quality, specifically for microplastics.
“It can also be used as “pet” for divers, carrying crucial equipment and oxygen tanks for them,” Mr. Ng added. Snapp can also act as a lifeline for divers that are caught in an underwater current, pulling them away from it.
While being in talks with commercial companies on utilising the search, rescue, and patrol functions of SNAPP, Mr. Ng is eyeing other wider applications. “Perhaps in the future, we would not need to keep real fishes captive for entertainment; robots can replace them instead.”
The National University of Singapore (NUS) will offer two new graduate programmes in digital financial technology (FinTech) in the new academic year, to help build a robust ecosystem of high-quality research talent and capabilities to support the fast-growing financial industry in Singapore.
The new Masters and PhD programmes are under the Asian Institute of Digital Finance (AIDF) at NUS, a university-level institute jointly founded by the Monetary Authority of Singapore (MAS), the National Research Foundation Singapore (NRF) and NUS. The PhD programme, in particular, is Singapore’s first and only doctoral programme in FinTech.
In these uncertain times, more financial organisations than ever are leveraging FinTech to grow and improve their financial products, and to enable smooth and more innovative interaction with their customers.
The Director of Academic Programmes at AIDF, who is also from the NUS School of Computing (NUS Computing), stated that banks nowadays are becoming more efficient as more operational processes are being automated by AI, and decision making is assisted by sophisticated data analytics.
He noted that these advancements are rapidly reshaping the financial services sector. Concurrently, financial institutions are facing rapid market changes and intensified global competition. In-demand skill sets such as competencies in digital technologies and innovation, which the new Masters and PhD programmes are designed to impart, will give graduates a significant competitive advantage to thrive in the industry.
The Chief FinTech Officer of MAS and Co-Chair of AIDF Steering Committee stated that AIDF is designed to be Asia’s premium research and academic institute to advance deep technology research and develop next-generation leaders in digital finance and FinTech.
Its unique curriculum is structured to meet the industry’s technology skill requirements and integrated with a focus on financial inclusion, digital economy technology stack, and sustainability in high-growth markets. This key factor will foster high-quality talent development for an equitable and inclusive digital economy.
Meanwhile, the NRF Deputy Chief Executive Officer noted that digital talent is essential for Singapore to realise its ambition of being a trusted digital innovation hub.
As such, the RIE-funded AIDF provides a good platform for the post-graduates – both Masters of Science and PhD candidates – to be trained in FinTech to serve the growing needs of the financial industry. This in turn ensures a pipeline of local talent that will strengthen Singapore’s Smart Nation core.
Masters of Science in Digital Financial Technology
The 1.5-year Masters of Science in Digital Financial Technology is a collaborative programme by AIDF, NUS Computing and NUS Business School.
With an intake of 40 to 50 students, the Master’s Programme is designed primarily for those who plan to work in financial institutions or FinTech firms as AI software developers, data scientists, FinTech security specialists, or financial quantitative analysts.
The programme also offers elective modules that cover deep computing and finance expertise to help prepare graduates for future challenges in FinTech.
Students will undertake a two-semester long capstone project which is designed to help them pick up in-depth skills and knowledge in a focused area – such as artificial intelligence, machine learning or data analytics – via experiential learning. Students can choose either an academic research project or a FinTech internship to gain industry work experience that supports the acquisition of practical work skills and self-directed learning.
PhD in Digital Financial Technology
The PhD in Digital Financial Technology programme will be hosted jointly by the NUS Graduate School and AIDF. The programme will admit talented students with computing, finance, or STEM background, and it aims to train graduates who can excel with a strong technical foundation and independent research ability for driving financial innovations in academia as well as in FinTech industries.
As this is currently the only FinTech PhD programme in Singapore, graduates of this programme will be uniquely suited to work in the FinTech industry especially in fields where research projects require advanced quantitative techniques. Graduates may also become trainers in educational institutions to groom qualified FinTech manpower for Singapore and beyond.
In the unique design of the PhD programme, each student is guided by his/her own academic committee consisting of three faculty members from at least two different faculties. This academic committee will advise the student on coursework and research matters.
Students can take classes based on a personalised curriculum on the recommendations of his or her academic committee. They can take classes directly related to their research projects in areas such as AI or machine learning in finance, smart credit analytics, blockchain innovations, FinTech infrastructure, the economics of FinTech innovations or advanced time series forecasting.