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2025/2026  MA-MMBDV1052U  Digitalization of Finance

English Title
Digitalization of Finance

Course information
Language English
Course ECTS 6 ECTS
Type Elective
Level Part Time Master
Duration One Semester
Start time of the course Autumn, Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Min. participants 10
Max. participants 30
Study board
Study Board for Master i forretningsudvikling
Programme Master of Business Development
Course coordinator
  • Jonas Hedman - Department of Digitalisation (DIGI)
  • Rob Gleasure - Department of Digitalisation (DIGI)
Main academic disciplines
  • Finance
  • Information technology
Teaching methods
  • Face-to-face teaching
Last updated on 18-06-2025

Relevant links
Learning objectives
  • Identify and explain opportunities and challenges of digitalization of finance for your own organization or a new venture.
  • Demonstrate how course concepts, frameworks, and theories can be used for analyzing the opportunities and challenges of digitalization of finance.
  • Reflect upon the theoretical and practical implications of the analyses.
Course prerequisites
Some knowledge or interest in the financial sector is an advantage
Examination
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.
Course content, structure and pedagogical approach

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.
Research-based teaching
CBS’ programmes and teaching are research-based. The following types of research-based knowledge and research-like activities are included in this course:
Research-based knowledge
  • Classic and basic theory
  • New theory
  • Teacher’s own research
  • Models
Research-like activities
  • Discussion, critical reflection, modelling
Description of the teaching methods
This theme will make use of lectures, guest presentations, discussions, simulations, exercises, and workshops.
Feedback during the teaching period
Feedback will be given during lectures and exam. The student also have the option of attending a peer-review-feedback session.
Student workload
Prearation and exam 118 hours
Lectures 32 hours
Last updated on 18-06-2025