| 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 | |||||
| National Occupation Classification | - | |||||
| 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;
|
| 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. |
| Related Sustainable Development Goals |
|
|
Core Courses | |
| Major Area Courses |
X
|
|
| Supportive Courses | ||
| Media and Management Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Related Preparation |
| 1 | Introduction & Evolution of Fintech | |
| 2 | Embedded Finance | Lecturer’s Notes |
| 3 | Fintech Wars: Competition & Strategy | Lecturer’s Notes |
| 4 | Digital Assets & Blockchain | Lecturer’s Notes |
| 5 | Open Banking & the API Economy | Lecturer’s Notes |
| 6 | Payment Systems & Digital Wallets | Lecturer’s Notes |
| 7 | Regulation & Risk Management | Lecturer’s Notes |
| 8 | Artificial Intelligence in Fintech | Lecturer’s Notes |
| 9 | Midterm Exam | |
| 10 | Digital Asset Economy & CBDCs | Lecturer’s Notes |
| 11 | The Fintech Startup Ecosystem | Lecturer’s Notes |
| 12 | Future Trends: Metaverse & Finance | Lecturer’s Notes |
| 13 | Case Competition & Project Presentations | |
| 14 | Case Competition & Project Presentations | |
| 15 | Review of the Semester | |
| 16 | Final Exam |
| 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 The Wealthtech Book, Susanne Chishti & Thomas Puschmann Wiley, 2018 ISBN-10 : 1119362156 Fintech for Dummies, Steven O’Hanion & Susanne Chishti, A Wiley Brand, 2020 FinTech Innovation: From Robo-Advisors to Goal Based Investing and Gamification, Paolo Sironi, Wiley, 2016 BIS Website (subject to frequent updating and to be informed by the Course Lecturer) |
| Semester Activities | Number | Weigthing |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury |
1
|
20
|
| Project |
1
|
40
|
| Seminar / Workshop | ||
| Oral Exams | ||
| Midterm |
1
|
40
|
| Final Exam | ||
| Total |
| Weighting of Semester Activities on the Final Grade |
3
|
100
|
| Weighting of End-of-Semester Activities on the Final Grade | ||
| Total |
| 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 |
1
|
10
|
10
|
| Project |
1
|
30
|
30
|
| Seminar / Workshop |
0
|
||
| Oral Exam |
0
|
||
| Midterms |
1
|
30
|
30
|
| Final Exam |
0
|
||
| Total |
150
|
|
#
|
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 apply theoretical and practical knowledge of international trade and finance to real-world professional contexts. |
-
|
-
|
X
|
-
|
-
|
|
| 3 |
To be able to critically analyze global market developments and evaluate their implications for business and policy. |
-
|
-
|
-
|
X
|
-
|
|
| 4 |
To be able to collect, analyze, and interpret financial and economic data by using digital and information technologies effectively. |
-
|
X
|
-
|
-
|
-
|
|
| 5 |
To be able to understand and interpret legal frameworks, regulations and practices relevant to international trade and finance. |
-
|
-
|
-
|
-
|
-
|
|
| 6 |
To be able to anticipate, define, and manage financial and trade-related risks through informed decision-making. |
-
|
X
|
-
|
-
|
-
|
|
| 7 |
To be able to acquire and use verbal, written, and numerical skills effectively for the nature of international trade and finance program. |
-
|
-
|
-
|
-
|
-
|
|
| 8 |
To be able to obtain, synthesize, and report trade- and finance-related information clearly and effectively. |
-
|
-
|
-
|
-
|
-
|
|
| 9 |
To be able to contribute effectively as individuals, team members, and leaders in multidisciplinary environments. |
-
|
-
|
-
|
-
|
-
|
|
| 10 |
To be able to evaluate trade and finance issues from ethical, social, and sustainability perspectives. |
-
|
-
|
-
|
-
|
-
|
|
| 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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