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City government and FSC to open digital finance school

Feb 13,2020
The Seoul Metropolitan Government and Financial Services Commission (FSC) have joined forces to open a digital finance graduate school, part of a bid to produce fintech specialists for Korea as the finance and technology industries become increasingly merged.

The two entities said Wednesday they would jointly invest 19 billion won ($16 million) throughout 2023 to operate the school in Yeouido, largely known as a finance hub in western Seoul. The school will offer three- and four-semester programs for students who are there to obtain a master’s degree, and a curriculum of less than six months for non-degree students.

The school will accommodate 80 students per year for the master’s degree and 160 for non-degree curriculum. For the next four years, the new school expects to have 840 graduates.

Those who are currently working for financial companies, those who are planning to start a fintech-related business or job seekers interested in finance are eligible to apply to the new school.

By Jin Eun-soo