This module provides you with a core foundational understanding of financial technology applications. The theory behind how these systems work will be applied to real examples, allowing you as an entrepreneur to create your own specialised applications.

You will examine the nature of FinTech in the current industry context, exploring contemporary market developments and evaluating the challenges and opportunities presented.

This module will introduce you to the key concepts and issues in financial management, financial markets, institutions, and instruments to provide a strong foundation on the applications of finance. These three key areas will provide you with a solid foundation to understand the key products and developments in financial technology (FinTech). You will cover the key financial decisions made by financial managers. The module will also examine the key financial instruments and will examine the role of blockchain technology in banking sector. You will study the functioning of modern banking systems, including financial intermediation, operation of payment systems, and the conduct and transmission channels of central bank monetary policy.



The successful completion of this module may lead to an exemption from the equivalent unit in the CIMA/ACCA professional qualification. For up-to-date information on accreditation and exemptions please contact the Award Leader. When studied as part of the MSc International Finance & Accounting, the successful completion of this module may lead to an exemption from a professional accountancy qualification – for up-to-date information on accreditation and exemptions please contact the Award Leader

GROUP PRESENTATION (covering LO1). The group presentation (weighted at 20%)

Individually produced REPORT (covering LO1) (weighted at 10%)

An ASSIGNMENT of 3000 words weighted at 70% (covering LOs 2,3 and 4)

The learning strategy for the module requires students to commit 200 learning hours (including assessment) of this there will be 48 hours of class support and 152 hours of independent and self- directed study.
The lecture/tutorial pattern may vary with some activities taking place in medium size group workshops.

36 hours of tutor lead sessions

12 hours of student-centred learning sessions

There will be lectures to deliver the core material, as well as smaller group sessions, including problem solving, discussion and workshop type delivery. Students will be expected to complete the case studies/ exercises and directed learning in the independent learning time.

1. Understand and critically evaluate the role of financial technology (FinTech) in revolutionising finance.

Knowledge and Understanding, Analysis.

2. Critically evaluate the functioning of contemporary banking systems, including financial intermediation, operation of payment systems, and the conduct and transmission channels of central bank monetary policy.

Knowledge and Understanding, Application, Analysis, Learning, Communication.

3. Apply Appropriate models and techniques to evaluate corporate financial performance

Knowledge and understanding, application, analysis, Communication, Learning.

4. Critically examine strategic decisions made by financial managers in the context of adopting the most advanced financial technologies.

Knowledge and Understanding, Communication, Learning, Reflection.

Module study guide

The University Library and Learning Resources – books and academic journals

The module VLE

Electronic data bases

Learning support materials

Internet

Niels Pedersen (2020). Financial Technology, Case Studies in Fintech Innovation, 1st Edition.

Cecchetti, S & Schoenholtz, K. (2021).¿ISE Money, Banking and Financial Markets, 6th Edition. New York, Ny Mcgraw-Hill Education.

Brown, S. (2020).¿The innovation ultimatum: how six strategic technologies will reshape every business in the 2020s. Hoboken, New Jersey: Wiley.

Mailoc, M. (2018).¿Advances in financial machine learning. New Jersey: Wiley.

Bambara, J.J. and Allen, P.R. (2018). Blockchain: a practical guide to developing business, law, and technology solutions. New York: Mcgraw-Hill Education.

This module provides you with a core foundational understanding of financial technology applications. The theory behind how these systems work will be applied to real examples, allowing you as an entrepreneur to create your own specialised applications.

You will examine the nature of FinTech in the current industry context, exploring contemporary market developments and evaluating the challenges and opportunities presented.