The program consists of two parallel tracks. The academic studies at UC Berkeley and The Entrepreneurship Track
The academic studies at UC Berkeley
The students will study full time at UC Berkeley and can select graduate courses within their field of study. UC Berkeley is a world class university known for its academic excellence and strong focus on entrepreneurship. At UC Berkeley the students will be hosted by CDAR - Consortium for Data Analytics in Risk - who will help the students with the enrollment process and practical matters.
It is a requirement for participation in the program that students study full time at Berkeley and get their courses pre-approved by the Student Board at their Danish home university. Also, the students must be full-time graduate students at a Danish University and study a field related to FinTech to be eligible for the program.
The students will be enrolled at UC Berkeley through the concurrent enrollment program. Learn more about concurrent enrollment here.
The Entrepreneurship Track
As part of the application the students will have to submit a video pitch presenting an idea for a FinTech start-up. During the semester the students will work on developing this idea.
Through a series of workshops developed specifically for the students and facilitated by leading experts in entrepreneurship from the Silicon Valley eco-system the students will learn about concepts such as:
Business Model Canvas and Customer Discovery
Minimum Viable Product
The students will have to gather a team to work with on their idea and will have a local mentor to help them on their journey. By the end of the semester the students will pitch their idea to a professional audience.
Finally the best ideas will get an optional opportunity to join a 3-month incubation program at Copenhagen FinTech with access to mentors, investors and the backbone of the Danish FinTech eco-system. The purpose is to provide the best launchpad for your FinTech start-up. Read more about the incubation program.
The Entrepreneurship Trach will be closely followed and supported by Spar Nord Bank. The bank will also support you with mentors, network, etc.
The program is generously supported by the Spar Nord Fonden. The selected students will receive the following financial support:
Tuition at UC Berkeley
Housing – the 5 students live together in a large house in Berkeley. The current house is located close to campus and each student has their own room. The house also has a large kitchen, dining room, living room and garden
Monthly stipend of DKK 8.000 for 5 months
Travel to and from San Francisco
Health care insurance