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.
This is just a preliminary outline. A detailed syllabus will be provided at the beginning of the course.
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).