Robo-Advising and Blockchain Technology ECON5166
- Academic Session: 2025-26
- School: Adam Smith Business School
- Credits: 20
- Level: Level 5 (SCQF level 11)
- Typically Offered: Semester 2
- Available to Visiting Students: No
- Collaborative Online International Learning: No
- Curriculum For Life: No
Short Description
The past decade has witnessed how FinTech reforms the financial industry. Robo-advising and blockchains are two major innovations showing the power to reshape banking, corporate governance, and broader economic systems. Many major players in finance-including regulators, central banks, and leading financial institutions-have already invested significantly in robo-advising and blockchain, recognizing their transformative potentials.
This course provides a comprehensive overview of the underlying technology of robo-advising and blockchain and their relations to banking and finance. On the technical side, it introduces essential blockchain and cryptocurrency concepts and algorithms for robo-advising. On the financial side, it equips students to analyze the business and financial implications and understand their potential impact on financial services, corporate governance, and regulatory frameworks. This blend of technical and financial perspectives offers students a well-rounded understanding of the profound opportunities and challenges for the future of economic systems.
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Timetable
Synchronous:
10 x 2-hour lectures on campus/online as appropriate for the course content
10 x 1-hour labs on campus/online as appropriate for the course content
Asynchronous:
5 hours for set of numerical and computational exercises that will include both theoretical, derivational, and applied type of questions with the corresponding solution guides, which will be further discussed in labs.
Requirements of Entry
Students must be registered on one of the associated programmes listed in this course specification.
Excluded Courses
None
Co-requisites
None
Assessment
ILO being assessed
Main Assessment In: April/May
Course Aims
This course aims to:
1. Provide an in-depth understanding of robo-advising and blockchain technology.
2. Equip students with practical skills to develop the robo-advising system and deploy blockchain to solve real-world problems.
Intended Learning Outcomes of Course
By the end of this course students will be able to:
1. Critically evaluate the development of the robo-advising and blockchain technology in financial industry, including the benefits and possible challenges caused.
2. Develop the robo-advising system using optimization algorithms and Natural language processing (NLP) models.
3. Implement blockchain technology by utilizing advanced programming language and software to solve problems related to financial system.
4. Analyse the financial and regulatory consequences of the robo-advising and activities in the decentralized financial system.
Minimum Requirement for Award of Credits
Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.