Gwybodaeth Modiwlau

Module Identifier
AB31820
Module Title
Financial Technology and Business Success
Academic Year
2022/2023
Co-ordinator
Semester
Semester 1
Exclusive (Any Acad Year)
AB21720 Mutually exclusive with AB21720
Reading List

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Semester Assessment  Group report 5000 Words  20%
Semester Assessment Semester Assessment  group presentation 20 Minutes  20%
Semester Assessment Semester Assessment  Individual 3000 Words  60%
Supplementary Assessment Supplementary Assessment  Individual report 3000 Words  60%
Supplementary Assessment Supplementary Assessment  Individual report 2500 Words  40%

Learning Outcomes

On successful completion of this module students should be able to:

Part 1 –understand the function of modern banking system, including financial intermediation, operation of payment system, and the conduction and transmission channels of central bank monetary system

Part 2: describe, explain the impact of disruptive innovation on various traditional financial market: current Fintech environment, Fintech and banking, Fintech and payment system/cryptocurrency, Fintech and asset management, Fintech and insurance, Fintech and P2P and crowd funding

Part 3-compare and contract regulation and compliance in traditional financial markets and Fintech innovation markets- key regulatory frameworks on main/traditional global financial marketplace; emerging regulation for Fintech from different parts of the world (India, China and UAE, etc.)

Part 4-assess and criticise the challenges of Fintech innovation;

Part 5-assess how financial technology and innovation are impacting businesses and the drivers behind this; evaluate the use of Fintech and suggest innovative solutions for creating business value.

Brief description

Several governments over the world have placed financial technology (Fintech) and innovation at the heart of their economic development strategies. This module aims to equip students with the key concepts of Fintech and the drivers behind it; give an overview of current Fintech environment in financial and non-financial business sectors; update the traditional financial sector regulatory environment to an emerging regulatory environment under the impact of Fintech developments at an international level. Through this module, students will further learn and understand how financial technology and innovation create business values, how to identify business opportunities and to suggest corresponding financial technology and innovative solutions.

Aims

This module aims to equip students with the key concepts of Fintech and the drivers behind it;
give an overview of current Fintech environment in financial and non-financial business sectors;
update the traditional financial sector regulatory environment to an emerging regulatory environment under the impact of Fintech developments at an international level.
students will further learn and understand how financial technology and innovation create business values, how to identify business opportunities and to suggest corresponding financial technology and innovative solutions

Content

Introduction to Financial Technology & Innovation
Banking Intermediation, Payment System and Central Bank Role
Fintech and Traditional Banking System;
Cryptocurrencies and Blockchain
Fintech and Insurance, Asset management, P2P and Capital rising
Fintech in Other Business Circle
Key Regulatory Frameworks of Main Global Financial Marketplace
Fintech in Emerging Markets-Regulatory Development and Its Social Impact
Opportunities and Challenges in Fintech & Innovation

Module Skills

Skills Type Skills details
Adaptability and resilience Students are required to work in a group with members from different disciplines to develop collaborating skills in order to complete the final project.
Co-ordinating with others Understand the concept of group dynamics, contribute effectively to group projects, participate in group seminars and other discussions.
Creative Problem Solving Identify and evaluate opportunities and risks, develop critical and creative thinking approaches to solve problems, construct a rational proposal in response to their particular project.
Critical and analytical thinking Develop group cases by analysing case background, recognising development opportunities, planning financial accessibilities, evaluating possible outcomes and assessing potential risks.
Digital capability Explore cryptocurrencies performance using Refinitive and use of commonly used software packages, prepare and analyse data.
Real world sense Students will be able to practice real world scenario throughout group project development.
Reflection Devise and apply realistic self-learning and group work strategies, be aware of time management techniques.
Subject Specific Skills Students will be able to understand the key concepts of Fintech, current Fintech and regulatory environment, how Fintech creates business value.

Notes

This module is at CQFW Level 6