This course covers recent technological innovations and the emergence of new players in the financial services industry that both fall under the umbrella term of FinTech. A special focus will be on blockchains and other relevant technologies and their application to decentralized finance, cryptocurrencies, and smart contracts. Other introduced innovations include alternative payment systems, crowd finance, InsurTech, and robo advising, while also presenting associated risks and regulatory approaches.
After the completion of this course, students will have gained a thorough understanding of the FinTech industry. They will be able to describe its underlying technologies, analyze the industry’s recent developments, recognize associated risks, and explain its impact on the more traditional financial services industry.
The course FIN 606 will be offered for the first time in the fall semester of 2021.
The main part of the course will be delivered in the form of pre-recorded lectures made available on a weekly basis, usually Friday mornings. The first video will be uploaded on September 10th, 2021. In that video, we will provide further information on the course.
Additionally, there will be three live sessions: October 15, October 22, and November 26. Two of the sessions will be Q&As while the remaining one will be a guest lecture from an industry insider. We are currently planning to hold these three session in-person in Mannheim to foster interaction. Depending on the circumstances, we might switch to an online format. In any case, all in-person elements will also be recorded for those unable to come to Mannheim.
A detailed schedule will be made available at the beginning of the course, though the exact details might still be subject to change as the course progresses.
You have to register for the course in Portal2 since the number of students is limited. In general, you may only register if you have already successfully completed a FIN5XX or FIN6XX course. (Parallel attendance is not sufficient.)
Additionally, the course generally assumes some basic knowledge of finance (e.g., present value methods, portfolio theory, equilibrium models, derivatives, trading, banking), mathematics (analysis, optimization) and statistics (e.g., mean, variance, correlation, and multivariate regression).