The University of Strathclyde, in collaboration with The Data Lab and The Scottish Funding Council, is delighted to announce the Data Lab Scholarships for the MSc Financial Technology programme for the September 2025 intake. This prestigious scholarship covers the full Home tuition fee for two eligible students who demonstrate strong academic potential and an interest in financial technology. Applications are open to Scottish/EU new students who meet the residency and academic criteria.
The University of Strathclyde, founded in 1796 as Anderson’s Institution, is a leading public research university in Glasgow, Scotland. It was established with the vision of providing “useful learning” and became a university by Royal Charter in 1964. Over the years, Strathclyde has grown into a globally recognized institution known for its strong emphasis on innovation, industry collaboration, and research excellence. It is particularly renowned for its engineering, business, and technology programs, making it a top choice for students seeking practical, career-focused education.
Table of Briefs
| Feature | Details |
|---|---|
| Number of Scholarships | 2 |
| Value | Full Home tuition fee |
| Opens | 14 February 2025 |
| Deadline | 30 April 2025 |
| Study Mode | Full-time only |
| Programme | MSc Financial Technology (September 2025 entry) |
| Eligibility | Scottish/EU new students only |
| Helps With | Tuition Fees |
Background
The Data Lab is an innovation center in Scotland that supports data-driven projects, education, and research. It works closely with universities, businesses, and the public sector to drive growth in Scotland’s data science industry With funding from The Scottish Funding Council, Data Lab provides scholarships to develop talent in areas like artificial intelligence, machine learning, and financial technology. The MSc Financial Technology programme aligns with Scotland’s ambition to become a global hub for FinTech innovation.
Eligibility Criteria
To be eligible for the Data Lab MSc Scholarship, applicants must meet the following requirements:
- Must have the right to live and work in the UK and have resided in Scotland for at least three years (excluding time spent in full-time education).
- EU citizens without pre-settlement status are not eligible.
- Must have a minimum second-class Honours degree (or overseas equivalent) in accounting, economics, business studies, or a subject with a strong quantitative component.
- Final-year undergraduate students can apply.
- Must have an offer of admission to the MSc Financial Technology programme.
- Required to complete an online MOOC on Data Ethics, AI, and Responsible Innovation.
- Expected to attend Data Lab events and introductory sessions in mid-September.
Benefits
The Data Lab Scholarships will cover the full Home tuition fee for two eligible students. However, applicants should note the following:
- The scholarship is administered by Data Lab, and successful applicants’ details will be shared for administrative purposes.
- Students must complete the MOOC hosted by the University of Edinburgh, which runs for five weeks (2-3 hours per week).
- Attendance at Data Lab events is expected as part of the scholarship conditions.
Application Process
Step 1: Apply for the MSc Financial Technology Programme
Before applying for the scholarship, you must first secure an offer of admission to the MSc Financial Technology programme. Visit the university’s official website to submit your application.
Step 2: Submit a 300-Word Essay
Eligible candidates must submit a 300-word essay through the designated application link. The essay should:
- Express your interest in FinTech.
- Highlight your motivation for applying.
- Discuss how this scholarship will contribute to your academic and career goals.
Step 3: Complete the Data Lab MSc Scholarship Application
Once shortlisted, eligible students will be invited by the SBS Admissions team to complete a separate Data Lab MSc scholarship application form. This form ensures that quality, diversity, and inclusion standards are met in the awarding process.
Important Dates
Application Deadline: 30 April 2025.
Conclusion
The Data Lab Scholarship is a prestigious opportunity for students passionate about FinTech. By covering tuition fees, it enables students to focus on learning and research without financial worries. If you meet the eligibility criteria, don’t miss the chance to apply!