Postgraduate taught 

Financial Technology MSc

FinTech Risk Management ACCFIN5232

  • Academic Session: 2021-22
  • School: Adam Smith Business School
  • Credits: 10
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: No
  • Available to Erasmus Students: No

Short Description

The aftermath of the global financial crisis of 2008 and the financial technology innovation are reshaping the financial intermediation landscape significantly (e.g. payments, money transfers, lending, and investment management). On the one hand, new technologies changed the role of financial intermediation from being a provider of financial products and services to an enabler for them (e.g. crowdlending, online identification services or Peer-to-Peer lending). On the other hand, digital transformation changes costumers demand and raise new products. Approximately three billion unbanked consumers around the globe could potentially be connected to the financial system. This course is designed to explore the developments of financial technology that force intermediations to rethink their present value and re-design the appropriate risk management techniques.

Timetable

Course is delivered over 2 weeks, comprising of 10 hours of lectures.

Excluded Courses

None

Co-requisites

None

Assessment

ILO being assessed

Course Aims

The aim of the course is twofold: FinTech develops the financial system. The course will help the student to gain an appreciation for various ways technology interacts with financial markets.

 

1. Provide an adequate representation on defining, measuring and managing the various risks that are inherent in the business of finance, with special an emphasis on financial intermediations.

 

2. Understand the FinTech trends that impact the development of the financial market and appraise the regulatory challenges to maintain financial stability.

Intended Learning Outcomes of Course

By the end of this course, students will be able to:

 

1. Analyse the application of the main risk management techniques in financial intermediation

2. Demonstrate the recent technological developments in financial markets and identify the wide array of their new applications

3. Evaluate the implications of Fintech in the financial services industry

4. Assess the competition between financial intermediation and fintech regulatory challenges to maintain safety and stability in the 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.