FACULTY OF BUSINESS

Department of International Trade and Finance

ITF 460 | Course Introduction and Application Information

Course Name
New Financial Ecosystem and FinTech
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 460
Fall/Spring
3
0
3
5

Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
First Cycle
Mode of Delivery face to face
Teaching Methods and Techniques of the Course Lecture / Presentation
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives With the development of digital banking and communication tools global financial sector is increasingly facing huge disruption. Additionally, with the change in consumer preferences, young generation will prefer mostly mobile technologies for their financial needs rather than face to face to meet. The Fintech is short for finance & technology and is a disruptive issue in the field of financial services. This course aims to provide students with the basic and intermediary level of knowledge and skills required by the Fintech as an emerging discipline. This course also aims to explore how finance is re-shaped by the advances in communication and technology.
Learning Outcomes The students who succeeded in this course;
  • Describe the latest technological achievements and innovations taking place across financial services.
  • Describe fundamental concepts to understand how the financial system is changing.
  • Discuss how to evaluate the role of technology in the evolution of the financial system.
  • Identify areas where the finance is likely to change.
  • Prepare effective oral presentations and written analysis of issues relevant to the future of financial innovation and related technologies.
Course Description The course contains the new financial ecosystem and the future of financial services. The course is supported by real-world cases and best-practices illustrating the themes of technology, business, and finance. These cases take an in-depth look at relevant topics to help describe and analyze the full breadth of the FinTech field.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Overview and Introduction Lecturer’s Notes
2 Global Fintech Hub Report, 2018 University of Cambridge, Judge Business School
3 In the Age of AI Documentary, Frontline, PBS
4 Powering the Digital Economy Opportunities and Risks of AI in Finance IMF, DP/2021/024, October 2021
5 Finanacial Technology (FinTech) Ecosystem Chapter 14 by C. C. Küçüközmen, U.B. Geyikçi, E. Saldır FINANCIAL MANAGEMENT, Nobel, 2020 Eds.: U. B. Geyikçi; M. Yılmazer; T. S. Yücel
6 FinTech and Blockchain Lecturer’s Notes and Selected Articles
7 Robo-Advisory and Digital Asset Management Lecturer’s Notes and Selected Articles and Book Chapters
8 Midterm Exam
9 Fintech in Turkey Guest Speaker
10 Big Data and Big Data Analytics in Finance Lecturer’s Notes and Selected Articles
11 Central Bank Digital Currencies and Payments System www.bis.org, BIS Innovation Hub, www.imf.org
12 Recent Issues in Fintech World Lecturer’s Notes and Selected Articles
13 Presentations
14 Presentations
15 Review of the Semester
16 Review of the Semester

 

Course Notes/Textbooks

Lecturer’s Notes and Selected Articles and Book Chapters

Suggested Readings/Materials

The FINTECH Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, Susanne Chishti & Janos Barberis, Wiley ISBN: 978-1-119-21887-6

Financial Management, Editors: Umut Burak Geyikçi, Mine Yılmazer, Tuğdem Saygın Yücel, Nobel Akademi Yayınları ISBN : 978625406371

The Wealthtech Book, Susanne Chishti & Thomas Puschmann Wiley, 2018 ISBN-10 : 1119362156

The suggested materials will be regularly updated.

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
Presentation / Jury
Project
1
60
Seminar / Workshop
Oral Exams
Midterm
1
40
Final Exam
Total

Weighting of Semester Activities on the Final Grade
2
100
Weighting of End-of-Semester Activities on the Final Grade
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
16
2
32
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
0
Presentation / Jury
0
Project
1
40
40
Seminar / Workshop
0
Oral Exam
0
Midterms
1
30
30
Final Exam
0
    Total
150

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to identify and analyze problems in the field of trade and finance, and to develop solutions.

X
2 To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance. X
3 To be able to analyze the developments in global markets by using critical thinking skills.
4 To be able to analyze and interpret data in the field of finance, commerce and economics by using information technologies effectively. X
5 To be able to acquire knowledge about the legal regulations and practices in the field. X
6 To be able to foresee and define the risks that could be encountered in the field of trade and finance and to take decisions to manage such risks.
7 To be able to acquire and use verbal and numerical skills necessary for the nature of international trade and finance program.
8 To be able to obtain, synthesize and report the information related to the fields of trade and finance.
9 To be able to contribute to the solution of problems as individual, team member or leader.
10

To be able to evaluate the issues related to the field with an ethical perspective and social sensitivity.

11 To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).
12 To be able to speak a second foreign at a medium level of fluency efficiently.
13 To be able to relate the knowledge accumulated throughout human history to their field of expertise.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


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