Applied Financial Services Project
Duration
- One Semester or equivalent
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning.
2023 teaching periods
Hawthorn Higher Ed. Semester 2 |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
100 credit points
and
and
Enrolment in Master of Financial Technologies
Aims and objectives
This unit, by taking a cross-disciplinary approach, provides students with an interactive platform to gain practical experience working on applied FinTech-based business problems or opportunities for an actual client. Students will prepare and present a professional report on their findings and recommendations to their client. This unit provides the tools and rationale for students to understand and actively assist incumbent financial services institutions to embrace and integrate FinTech innovation capabilities. This is done through applied projects supported by a combination of actual cases, complex problems, interactive lectures, class discussions, industry mentoring sessions and applied tools.
1. Critically evaluate sustainable and actionable FinTec innovation strategic roadmaps by synthesizing information from a broad range of high-quality sources
2. Research and critically evaluate, using robust and relevant evidence, the potential of new technologies to create innovative digital banking products, processes and services
3. Systematically and methodically apply advanced project management fundamentals to design and implement innovative solutions directly related to complex financial services problems or business opportunities
4. Demonstrate professional behaviours through effective leadership, teamwork and communication skills with all project stakeholders
5. Reflect on FinTec as a vehicle for the application of entrepreneurial thought
Students who successfully complete this unit will be able to:
1. Critically evaluate sustainable and actionable FinTec innovation strategic roadmaps by synthesizing information from a broad range of high-quality sources
2. Research and critically evaluate, using robust and relevant evidence, the potential of new technologies to create innovative digital banking products, processes and services
3. Systematically and methodically apply advanced project management fundamentals to design and implement innovative solutions directly related to complex financial services problems or business opportunities
4. Demonstrate professional behaviours through effective leadership, teamwork and communication skills with all project stakeholders
5. Reflect on FinTec as a vehicle for the application of entrepreneurial thought
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Face to Face
Class 36 hours (12 x 3 hrs)
Block Mode
This unit may be delivered in block or intensive mode. Block mode may consist of blended, intensive and immersive teaching, which can include full day teaching and weekend teaching requirements – as specified in the Unit Outline.
Unspecified Learning Activities
Independent Learning 114 hours (12 x 9.5 hrs)
Assessment
Reflective Journal (Individual) 25-45%
Preliminary Plan (Group) 10-20%
Progress Report (Group) 20-30%
Report and Presentation (Group) 25-35%
Content
- Blockchain, AI, Robo-Advisors, Machine Learning: A Wave of Change in Professional Services
- FinTech and APIs: Bank as a Platform
- InsurTech, WealthTech and RegTech: Towards the Next Revolution of Digital Transformation in Financial Services
- Data Transparency and Open Banking (Open Standards; Open Source; Open Data Options; Open Service Innovation; Cybersecurity)
- Inclusive Finance
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.