Module title: Contemporary Issues in Banking and Financial Technology

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: FIN11931
Module leader: David Potter
School The Business School
Subject area group: Accountancy Finance and Law
Prerequisites

N/A

2019/0, Trimester 2, Face-to-Face,
Occurrence: 001
Primary mode of delivery: Face-to-Face
Location of delivery: HONG KONG
Partner:
Member of staff responsible for delivering module: David Potter
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Learning will focus on developing skills in the analysis of the functions of, and developments within, the financial services sector. Situated within a broad understanding of the sector as encompassing financial markets (LO1), intermediation, insurance and regulation LO4), the latest developments (LO2) will be assessed against long-standing theory and current institutional arrangements (LO3).

You will be encouraged to act as an independent learner, with direction from lecturers and tutors to point them towards issues of particular interest. The subject matter concerns a dynamic field, which means that reading materials will include both core theoretical concepts (LO1) as well as use of current practitioner sources (LO2,3,4).

Skills and Employability
You will develop skills in the analysis and evaluation of financial markets, intermediation, and in the applicability and impact of the latest technological developments in the sector. Discussions with industry representatives suggest the need for both a broad understanding of the issues in this field, with the ability to deep dive into particular aspects (e.g. payments, data analysis). This module is concerned with the former aspect.

Written communication skills will be developed by the construction and assessment of the end of terms report. To develop skills in the interchange, debate, reformulation and refinement of information and ideas online you will produce several blog entries on contemporary Fintech issues through the term.

Accessibility
All materials and teaching will be provided in accessible formats in accordance with Edinburgh Napier University’s Disability Policy.


Formative Assessment:
Formative assessment will be provided as feedback on blog development and for group presentations in tutorials. A formal formative assessment checkpoint is planned for week 7 when you are required to submit draft outline of end of module report for discussion with the module tutor.

Summative Assessment:
You are required to produce three 500 word (approx.) blog posts on a contemporary Fintech issue. These posts will be accessible to all other students from whom engagement and is encouraged. Blog posts do not rely so heavily on the formality (and referencing) load associated with essays.
A final report is due at the end of the module considering a current issue in the Fintech space. This assessment will link financial market theories to recent developments and will comprise circa 4,000 words.




Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 15
Face To Face Tutorial 9
Independent Learning Guided independent study 176
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Project - Written 10 3,4 4 HOURS= 0, WORDS= 500
Project - Written 10 3,4 9 HOURS= 0, WORDS= 500
Project - Written 10 3,4 12 HOURS= 0, WORDS= 500
Report 70 1-4 1 HOURS= 0, WORDS= 4000
Component 1 subtotal: 30
Component 2 subtotal: 70
Module subtotal: 100

Description of module content:

Principles of Financial Intermediation
Role of Central Banks (Payments and payments regulation, Prudential Regulation and Implications of capital requirements)
Building blocks of Fintech (Blockchain, Big data, Asset Aggregation)
Banking (Generally, Open Banking)
Capital & Money Markets (Market Making & Information Clearing, Instruments)
Insurance Markets (Insuretech)
Risk Management, Legal & Regulatory issues
Payments System (Existing infrastructure, Developments, National FX, SEPA, International Trade finance, Cryptocurrencies)
New Ecosystems (Disintermediation, Death of the Branch?, Tencent, Alipay & implications)
Future prospects

Learning Outcomes for module:

Upon completion of this module you will be able:-
LO1: To evaluate theories on the financial markets and intermediation and relate these to developments in Fintech
LO2: To critically analyse the implications for Fintech developments within financial markets, intermediation and related processes such as payments services and financial management
LO3: To critically analysis current innovations and synthesise perspectives on potential development paths for Fintech
LO4: To critically analyse the implications of Fintech for regulation of the sector.

Indicative References and Reading List - URL:

Please contact your Module Leader for details
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