FinTech, the application of information technology to finance, is rapidly changing the landscape of financial services. The purpose of this course is two-fold: 1) to provide the knowledge and skills needed to understand various FinTech innovations; 2) to prepare you for careers in the technology space, particularly those focused on financial services.
The course is geared towards management students and does not require engineering or computer science knowledge; the focus is on finance concepts, economic frameworks, the institutions, and social and regulatory implications. The course will be mainly qualitative with emphasis on economic insights. Topics covered include digital banking, payment, insuretech, P2P lending, robo-advising, real estate fintech, etc.
We will introduce concepts from economics, such as network effects, coordination frictions, information asymmetry, disintermediation, and decentralization. We will also draw knowledge from strategy, law, marketing, and computer science. You will gain experience in analyzing cases of real companies and pitching new FinTech startup ideas.