Foundations of Financial Technology (IFTE0014)

This module will provide students with the necessary knowledge and skills to apply and work in the emerging field of financial technology. The module will examine business models driven by technologies such as artificial intelligence and big-data.

Students will gain an understanding of how FinTech companies work, and how to manage financial innovations and incumbents in the market. With knowledge of market dynamics and transactions students will explore how to identify and evaluate trends and business opportunities. Students will gain an in-depth knowledge and critical awareness of disruptive innovations that are reshaping financial services in collaboration with community, academia, and start-ups.

The module aims to equip students in the first part with the knowledge for machine learning and artificial intelligent utilized in Fintech, Blockchain technology with smart contracts, token economy, and statistical analytics in financial applications. In the second part, the module will cover the remaining fintech domains: identity management, platform/ crowd finance, payments, legaltech. We aim to enable students with the required skills to define, investigate, analyse, evaluate and respond to tactical and strategic concerns of organizations in the financial industry.

Learning Outcomes

At the end of this course, students will be able to:

Construct and critically analyze business models related to financial technology companies
	evaluate the impact of Fintech solutions such as blockchain, big data and artificial intelligence in terms of business efficiency, user experience, and security
	identify and evaluate how, why, and when a company can benefit from implementing Fintech solutions in relation to trends in the markets
	apply problem solving skills and innovative thinking to determine how technology could be applied in real case studies.

Defined as a computer system designed to perform tasks that usually require human intelligence, artificial intelligence (AI) has been moving to the centre...