Objectives
Many local professionals may be hesitant to commit to a full master’s programme but recognize the need to upskill in areas relevant to their careers. The Graduate Certificate in Applied Data Science for Economics and Finance provides essential data analytics skills tailored for economic and financial applications, making it an ideal opportunity for ministry employees and financial sector professionals looking to stay updated.The advent and availability of big data, along with the rapid digitalisation of the financial sector, have significantly transformed the practice of economics and finance. New analytical techniques such as machine learning, nowcasting, and real-time data analysis have become increasingly important for understanding economic activities, especially in periods of economic crises. Moreover, financial innovation driven by technologies like FinTech, digital currencies, and RegTech is reshaping markets, requiring professionals to possess strong competencies in both economics and data science.This Graduate Certificate programme is designed to equip participants with the skills most sought after in today’s job market, including applied econometrics, data visualization, statistical modeling, and proficiency in programming tools such as Python. These competencies are highly relevant for roles such as data scientists, economists, financial analysts, and policy analysts in both public and private sectors.Additionally, completing a Graduate Certificate in Applied Data Science for Economics and Finance at NUS would increase participants' inclination to pursue a full master’s degree at NUS in the future, as it provides familiarity with the university’s system, an introduction to cross-disciplinary learning, and potential time savings. The training received also positions graduates well for future educational progression into programmes such as the Master in Economics, Master in Business Analytics, or Master in Data Science and Machine Learning. Overall, the Graduate Certificate addresses the growing need for versatile professionals who can integrate economic reasoning with data-driven decision-making, in line with the demands of the Fourth Industrial Revolution.
Who Should Attend
Professionals in government agencies, financial institutions, and related sectors who seek to enhance their data analytics skills for economic and financial applications.
Entry Requirements
Applicants should have a foundational background in economics, finance, or a related field, with proficiency in quantitative methods and programming recommended for successful completion of the programme. Therefore, a bachelor's degree in economics, statistics, mathematics, or a related quantitative field is required. Candidates will be reviewed for admission based on their degree and profile. The minimum requirements for admission to a Graduate Certificate programme are as follows:(i) Bachelor’s degree (in economics, statistics, mathematics, or a related quantitative field is required)(ii) Candidates with other qualifications and experience may be considered on a case by case basis, subject to approval by Faculty/School.Note: Proof of competency in English is not required.
Course Break-down
| Course Code |
Course Name |
Course Date |
Criteria |
Learn More |
| ECA5372 |
Big Data Analytics and Technologies |
03/08/2026 |
Elective |
|
| ECA5304 |
Machine Learning and Economic Forecasting |
03/08/2026 |
Elective |
|
| ECA5307 |
Python Programming for Economists |
10/08/2026 |
Elective |
|
| ECA5305 |
R Programming for Economists |
10/08/2026 |
Elective |
|
| ECA5103 |
QUANTITATIVE & COMPUTING METHODS |
10/08/2026 |
Required |
|
| ECA5307 (Choose 1 out of 2); ECA5304 |
|
TBC |
TBC |
|
| ECA5372 (Choose 1 out of 2) |
|
TBC |
TBC |
|
Last updated: 16 April 2026