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Unit information: Financial Technology in 2021/22

Unit name Financial Technology
Unit code EFIMM0128
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Danisewicz
Open unit status Not open
Pre-requisites

None

Co-requisites

None

School/department School of Accounting and Finance
Faculty Faculty of Social Sciences and Law

Description including Unit Aims

This module starts with an introduction to a wide range of services provided by financial technology firms. Subsequently, the module focuses on introducing and evaluating the benefits and potential risks involved with:

  • Digital payments, escrow accounts, and related services
  • Crowdfunding, peer-to-peer and marketplace lending
  • Distributed ledger technology
  • Cryptocurrencies
  • Initial Coin Offerings
  • Issues related to financial technology regulation
  • Whether FinTech companies can complement or substitute traditional banks

Students of this unit will obtain a comprehensive overview of the fintech industry. They will be able to identify differences between services provided by traditional financial companies and fintech companies.

Intended Learning Outcomes

On completion of this unit students should be able to:

1. Demonstrate an understanding of key topics related to technological advancements for the provision of financial services.
2. Demonstrate knowledge of various services provided by fintech companies.
3. Develop and demonstrate an understanding of how technology can improve efficiency of traditional financial services.
4. Comprehend and analyse sources of potential risks and instabilities involved with introducing technological advancements in the financial services industry.
5. Gauge the extent to which new technology can provide services complementary to those provided by commercial banks and financial markets.
6. Identify policy implications arising from rapidly growing fintech industry.

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

Assessment Information

This unit will be assessed by coursework 40% and exam 60%

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0128).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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