EBA 3600 Financial Technology

EBA 3600 Financial Technology

Course code: 
EBA 3600
Department: 
Finance
Credits: 
7.5
Course coordinator: 
Alessandro Graniero
Course name in Norwegian: 
Financial Technology
Product category: 
Bachelor
Portfolio: 
Bachelor of Data Science for Business - Programme Courses
Semester: 
2024 Autumn
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
English
Course type: 
One semester
Introduction

Financial technology (Fintech) refers to the digitalization and technological innovations in the financial industry, which has transformed and continues to disrupt financial markets, institutions and services, as well as offers alternative payment systems using digital currencies. The aim of this course is threefold: (i) to cover the origins and the current trends of Fintech in all aspects of the financial industry, (ii) to envision the potentials of technology in improving financial services and the efficiency of financial markets, and (iii) to understand the potential threats and risks posed by digitalization. Several new financial technology companies aim to decentralize current financial systems and markets, while others pose threats to the traditional financial institutions whose services rely more on the human factors and less on the information technology. Facing these threats, the incumbent financial institutions respond by modernizing their services through embracing Fintech and digitalizing their services.

Learning outcomes - Knowledge

The student will

  • Understand the history, current state and trends of Fintech
  • Be able to map the Fintech ecosystem
  • Understand the role of banks and Fintech companies
  • Understand the regulatory challenges posed by Fintech
Learning outcomes - Skills

The student will be able to

  • Evaluate the impact of Fintech on the strategies and performance of both banks and Fintech companies
  • Analyze Fintech companies and ideas
  • Implement Fintech ideas
General Competence

The students should learn Fintech industry in Norway and other countries. The students should be able to analyze and criticize how banks embrace the emergence of Fintech companies.

Course content

The course will cover the following topics and more:

  • Digitalization and the Financial System
  • Fintech and how banks embrace it
  • Payment: how it used to work, how it works in Fintech domain, key players in Fintech domain, regulations such as psd2, financial inclusion, cashless society
  • Financing: how it used to work, how it works in Fintech domain, p2p lending, crowdfunding, key players in Fintech domain, related regulations, trading
  • Blockchain: how it works, digital currency
Teaching and learning activities

There will be a series of lectures (possibly some guest lectures), interactive class activities and case discussions, for which active class participation is essential.

Software tools
No specified computer-based tools are required.
Additional information

As of autumn 2024:
The course will be carried out for the last time autumn 2024. The course has changed exam from EBA 36003 - 100 % exam to EBA 36004 30 % and EBA 36005 70 %. This is the following re-sit plan:

EBA 36003 - 100 % written submission - autumn 2024 and last time spring 2025.
EBA 36004 - 30 % structured test, and EBA 36005 70 % written submission - spring 2025, autumn 2025 and last time spring 2026.

Regarding re-sit examination and group size, contact the course coordinator.

Qualifications

Higher Education Entrance Qualification

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

No specific prerequisites are required.

Assessments
Assessments
Exam category: 
School Exam
Form of assessment: 
Structured Test
Exam/hand-in semester: 
First Semester
Weight: 
30
Grouping: 
Individual
Support materials: 
  • All printed and handwritten support materials
  • BI-approved exam calculator
  • Simple calculator
  • Bilingual dictionary
Duration: 
3 Hour(s)
Comment: 
Written final examination under supervision.
Exam code: 
EBA 36004
Grading scale: 
ECTS
Resit: 
Examination every semester
Exam category: 
Submission
Form of assessment: 
Submission PDF
Exam/hand-in semester: 
First Semester
Weight: 
70
Grouping: 
Group (3 - 5)
Duration: 
1 Semester(s)
Comment: 
Term paper
Exam code: 
EBA 36005
Grading scale: 
ECTS
Resit: 
Examination every semester
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
42 Hour(s)
Student's own work with learning resources
48 Hour(s)
Prepare for teaching
110 Hour(s)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.