SHE level 11 SCQF credit points 15 ECTS credit points 7.5 Module code MMN327060 Module Leader School Glasgow School for Business and Society Subject Finance and Accounting Trimester A (September start), B (January start), C (May start), B (January start)
Summary of content The aim of this module is to enable students to critically assess the operation and the evolution of financial technologies across global financial institutions - analysing both the theoretical basis for, and practical application of these financial technologies across multiple key financial functions and operations. The module examines the theoretical background to digitization in the financial services industry and the technologies that have enabled same and will support same across future trends. Practical examples from across the industry will be utilised to enable students to develop an understanding of the varying applications of digitization across technologies, whilst also examining practical challenges and the key industry trends that are shaping full-spectrum digitization across the industry. In support of the aims of the programme, there is a particular focus on both banking and insurance, in addition to the implications across risk-management, regulation, and wealth-management.
Module details Syllabus arrow_forward Segment 1 -Payments and Open Banking -Embedded Finance -Business Models Segment 2 -WealthTech -RegTech -InsureTech -PaymentTech Technology -AI and Machine Learning -Blockchain / Crypto -Biometrics, Robotics, Cloud, API, Distributed Ledger technology -Digital Currency -Behavioural Modelling
Learning outcomes arrow_forward On successful completion of this module the student should be able to: 1. Critically evaluate the extent to which financial services regulation has implemented RegTech and what this means with respect to the general taxonomy of RegTech applications 2. Critically evaluate the barriers to entry for RegTech applications 3. Critically discuss the development of AI and machine learning applications in across major financial institutions 4. Understand and evaluate Wealth-Tech applications and implications both domestically and in a global context 5. Understand and evaluate Payment-Tech applications and implications both domestically and in a global context 6. Understand and evaluate the key applications of behavioural phenomena, modelling, and big data 7. Critically evaluate the operations and future applications of digital currency, cryptocurrencies, and blockchain technologies
Teaching / learning strategy arrow_forward In line with the general aims of the MSc Financial Technology the learning outcomes of this module are delivered within a context of encouraging responsible leadership, an international perspective, and professionalism, through engaging students in the analysis, research, and discussion of contemporary, real-life issues. For students other than distance learning students, contact will normally be two hours of lectures and one hour of seminar each week. Lectures will be used to highlight the key issues in a specific topic and point the way towards relevant journal articles and other appropriate literature. Students will be then expected to prepare for following week 's seminar on each topic by engaging in literature searches, undertaking relevant reading, and preparing responses to discursive and, where necessary, computational questions. In some cases, students will be asked to prepare work in advance of the lecture to facilitate a more interactive approach to the lecture, providing the basis for deepening professional skills, knowledge and understanding. Seminars will be conducted in workshop format providing the opportunity for student led and group task learning, with the aim of enhancing intellectual, critical, and analytical skills, as well as common good attributes of leadership and responsibility. In the case of Distance Learning students, course materials will include interactive prompts and opportunities for reflection to allow the students to identify and engage with important learning points and issues arising in the course material. Module tutors will also make use of podcasts to emphasise important issues and learning points or explain problematic issues that arise either face-to-face or online, to all students. Extensive use will be made of VLE to enhance the learning experience and engagement of all students on the module. One purpose of the VLE is as a repository for resources including key readings such as scanned material, journal articles, book chapters, di
Indicative reading arrow_forward Transferrable skills arrow_forward 1. Problem-solving - identifying the main concepts and issues in problem situations and formulating solutions will be accomplished through practical work in lectures, seminars, and assessments 2. Leadership and interpersonal skills - will be emphasised throughout all learning activity. Seminars and online fora will be used to encourage co-operation and teamwork in the formulation and presentation of work 3. Communication - the ability to use appropriate language and form when writing and speaking will be enhanced by making verbal presentations in, and preparing written work for, seminars, as well as through coursework. 4. Research skills - the ability to enhance research skills will be acquired though carrying out research for class tasks and assessed coursework.
Module structure Activity Total hours Lectures 22 Tutorials 0 Practicals 0 Seminars 11 Independent Learning 79 Assessment 38 Placement 0
Assessment methods Component Duration Weighting Threshold Description Course Work001 50 45 Essay - 2,000 words Course Work002 50 45 Project - 2,500 words