| Trimester 3, 2023 Springfield On-campus | |
| Units : | 1 |
| School or Department : | School of Business |
| Grading basis : | Graded |
| Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Course Coordinator: Asror Nigmonov
Overview
The finance industry is technology and data driven. While businesses have greatly benefited from using digital technology to improve their financial position, challenges remain for technology companies in their pursuit to enter and remain sustainable in the rapidly changing financial ecosystem. Thus, a conceptual understanding of the key features of FinTech and digital finance such as digital currencies, blockchain, and financial regulation is crucial to be able to use the advancements of technology for improved delivery of financial products and services.
Financial technologies are expected to disrupt and impact every aspect of financial services. You will be introduced to the role of financial technologies and their relevance to financial services in a cross-cultural context. We focus on the FinTech industry, its strategic application, and commercialisation of blockchain, artificial intelligence (AI), and crypto assets such as Non-Fungible Tokens. The course will adopt a systems-thinking perspective to help you to critically analyse the key issues, challenges, and priorities for the adoption of technologies in financial services, and the new and emerging technologies in different business contexts using real world scenarios. In this course you will use critical thinking ability, group activities and the opportunity to enhance your verbal communication skills by preparing a verbal presentation.
Course learning outcomes
On completion of this course students should be able to:
- apply a working knowledge of the fundamentals of Fintech and the new interfaces for the digital world;
- critically analyse the changing structure of the financial ecosystem and financial innovation in the context of technological transformation in the global financial system;
- work collaboratively to present as a group knowledge of the role of financial institutions and their responses to Fintech in a cross-cultural context;
- critically examine the operation of, and ethical implications associated with, artificial intelligence (AI) and new crypto assets in financial services;
- evaluate how crypto assets impact the business model.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | The fundamental of Fintech | 20.00 |
| 2. | New interfaces for the digital world | 20.00 |
| 3. | Financial institutions and their response to Fintech | 10.00 |
| 4. | Financial Innovation and Inclusion | 25.00 |
| 5. | Applications of AI in financial services | 25.00 |
Text and materials required to be purchased or accessed
(Open Access Book, Available via UniSQ Library.)
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
| Description | Group Assessment |
Weighting (%) | Course learning outcomes |
|---|---|---|---|
| Quiz | No | 10 | 1 |
| Problem Solving | Yes | 40 | 2,3,4 |
| Case 精东传媒app | No | 50 | 2,4,5 |