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Students in the Master of IT in Business (Financial Services) Programme are required to complete and present a major Capstone Project as part of the curriculum.

The Capstone Project is an integral part of the MITB programme where each student is required to complete a project sponsored by an industry partner. The project enables students to apply and integrate what they learn, and gives them an opportunity to explore in greater depth, one or more of the topics covered in the courses.



Past Capstone Projects

The following lists a sample of the Capstone Projects undertaken by our students.


Completed Projects

Channels Customer Analytics
  • Next Generation Internet Banking
  • Project Social Media for Banking Industry
  • Remote Banking Service - Bridging the Gap between Rural and Urban Centers
  • Priority e-Banking
  • Privilege Offshore Banking Products for Priority Banking at a Financial Services Institution
  • Leveraging BI Platform to better predict customer behaviour in Banks
  • Net New Money Reporting
  • Revenue by Vintage Analysis
  • Web-based application for generation of scorecards
Core Systems Financial Markets
  • Core Banking Platform Study
  • Safe Bank- Overview of IT Architecture, Risk Analysis and Governance
  • Creativity and Business Innovation for Offshore/Onshore Customers for Priority Banking
  • Foreign Exchange Technology Innovation and Market Infrastructure
  • Investment and Treasury business process mapping for Efficiency Upgrades
  • FX Technology and the Future of Single Provider Platforms and Multi Provider Platforms
Operations Management Payments & Cards
  • 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
  • Infrastructure Optimization Program Scorecard
  • Business Process Management Front-end Performance Profiling
  • Correspondence Management
  • Application of Lean Production Process Improvement on Check Clearing Facilities in Singapore
  • Cheque Truncation Project
  • Effects of New Technology in Check Clearing Facilities in Singapore
  • Business Excellence and Strategic Planning in Cheque Clearing Facilities in Singapore
  • Mobile Payment for E-Commerce Merchants
Planning Risk & Security Related
  • Data Centre Capacity Modelling and Planning
  • Capacity Planning to Facilitate Electronic Trading
  • Technology and Operations Planning: A review of GFM systems and processes and A Strategy for Managing GFM IT for Business Value
  • Business Process Re-engineering Analysis for System used to Calculate Relationship Managers' commission
  • Framework to Align Bank Advices Types
  • Access Control List - User Interface Design and Development
  • Service Excellence Analytics: Exploring Values of Staff Performance
  • Spreadsheet Modeling for Financial Planning and Analysis on Portfolio Revenue by Vintage
  • Global Transaction Services Dashboard
  • Fraud Monitoring & Detection System
  • Low Cost Two-factor Authentication
  • Managing the challenges of spreadsheet and other user developed and maintained applications
  • Signature Recognition Device for Mobile Relationship Managers
  • Technology and Operations Risk Management
  • Wholesale Bank Operational Dashboarding
   
Mode of Work

Students work on the projects individually, in collaboration with a sponsoring company, under the supervision of an SMU appointed advisor. In cases where the project scope is large enough to allow for the involvement of more than one student, two may work on the project provided each student makes a distinct contribution towards the project.

Students may be expected to work on-site at the sponsoring company's premises if necessary. This may help them in understanding the business domain, problem definition and even in gaining access to information systems, documents and resources available within the company. An allowance may be paid to the students for their work, at the discretion of the company. The work arrangement may assume the form of an internship with the sponsoring company.

Strictest confidentiality is maintained between the sponsoring company, the students and SMU advisor. Prior permission will be sought from the company before the use of any information, in any way, such as for presentation and report purposes.

Project Duration

Students are expected to commit a minimum of 182 hours each to their Capstone Projects. This includes meetings and consultations with the company representatives and SMU advisors.

The duration of the project depends on whether the students are completing the MITB (Financial Services) Programme on a part-time or full-time basis.

  • Full Time Study

    For full-time students, the Capstone Project must be completed within their one year of full-time study.

    To facilitate this, all classes in the MITB (Financial Services) Programme are conducted on weekday evenings and on Saturdays, leaving the office hours free for students to undertake projects. Hence projects which require on-site presence at the sponsor's premises are most suitable for full-time students.

    Full-time students must complete 4 courses each term, which entails a substantial amount of out-of-class assignments and projects. It is thus strongly recommended that on-site commitment for the Capstone Project be between 25 to 30 hours per week.

  • Part Time Study

    Part-time students spend two years in the MITB (Financial Services) Programme and typically start their Capstone Projects within their first year of study, completing it during their second year.

    Part-time students usually hold full-time employment and complete 2 courses per term. They are typically able to commit to meeting their sponsors once every 2 weeks to report progress, while most of their work will be done away from the company's premises.

    Projects which are less time sensitive and do not require the students to work on-site will be more suited for our part-time students.

We Welcome Company Sponsors

Interested company sponsors will be required to provide the following information which will be shared with the students:

  • Brief description of the project
  • Role of the student
  • Skill sets required (technical and non-technical)
  • Project duration
  • Expected deliverables

The Graduates Programme Office (GPO) will liaise with the company to forward the profiles of interested students for consideration. Companies select the students via a process of interviews. Upon confirmation from the company, the GPO will formalize the sponsorship with a letter of sponsorship and the assignment of a suitable SMU advisor to the project.

We welcome interested company sponsors to contact us at sis_masters@smu.edu.sg