Digitalization
of Finance:
|
Exam
ECTS |
6 |
Examination form |
Oral exam based on written product
In order to participate in the oral exam, the written product
must be handed in before the oral exam; by the set deadline. The
grade is based on an overall assessment of the written product and
the individual oral performance, see also the rules about
examination forms in the programme regulations. |
Individual or group exam |
Individual exam |
Size of written product |
Max. 5 pages |
Assignment type |
Case based assignment |
Release of assignment |
An assigned subject is released in
class |
Duration |
Written product to be submitted on specified date and
time.
20 min. per student, including examiners' discussion of grade,
and informing plus explaining the grade |
Grading scale |
7-point grading scale |
Examiner(s) |
Internal examiner and second internal
examiner |
Exam period |
Winter and Summer |
Make-up exam/re-exam |
Home assignment - written product |
|
Size of written product: Max. 10
pages |
|
Assignment type: Written
assignment |
|
Release of assignment: An assigned
subject is released in class |
|
Duration: Written product to be
submitted on specified date and time. |
Description of the exam
procedure
The course exam is a written report addressing a specific exam
task that directly links to learning objectives and classroom
interactions.
The specific topic of the report is communicated to the students
during class.
A feedback day will be organized to allow participants to
present and get feedback on their report ideas. The participants
are required to hand-in a an outline of their report in connection
with the feedback day as well prepare a written peer-review of the
partnering participant's outline. The peer-review should be
handed in as annex to the report and will be considered as part of
the examination, during
grading.
|
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Digital technologies fundamentally transform how organizations
create value from business activities, processes, products, and
services. The financial sector is no exception it is one of the
most digitalized industries. Interestingly, the financial sector
was one of the most stable and conservative industries but now
faces dramatic changes. This course focuses on the new digital
reality that the financial industry faces, including the thousands
of FinTech startups that are challenging the stability of the
industry, the Internet giants like Apple, Google, Amazon, and
Alibaba that are rushing to claim a piece of the pie, the new
technologies that fundamentally transform banking processes, and
the regulatory changes that force the industry to open up. All
these changes must be understood to ensure a prosperous and healthy
financial sector.
This course will focus on how digital technologies are changing
the finance competition rules. Instead of competing on the scale
and fortified business positions, competition is turning to the
speed and novelty of digital innovations. Instead of competing only
as individual firms, companies compete in ecosystems and through
digital platforms. So, in this course, we cover how digitalization
transforms competition rules. We will discuss the role of FinTech
that carries this transformation and how companies in the financial
service must develop the means to compete on digital innovation.
Furthermore, this course will also revisit the basics of financial
industries, namely money and payments.
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