The emerging field of financial technology (FinTech) is completely transforming how we store, save, borrow, invest, move, spend and protect money. Banking, financial services, and the insurance sectors are getting disrupted by the new FinTech startups. The increasing internet penetration and smartphone ownership, and the rise of emerging technologies are shaking the very foundation of
The emerging field of financial technology (FinTech) is completely transforming how we store, save, borrow, invest, move, spend and protect money. Banking, financial services, and the insurance sectors are getting disrupted by the new FinTech startups. The increasing internet penetration and smartphone ownership, and the rise of emerging technologies are shaking the very foundation of the incumbent financial services players. In India, the recent demonetization effort and the drive towards a cashless economy have increased the awareness of and the desire to understand digital finance better.
This course will demystify FinTech and cover a wide array of topics such as digital payment solutions, peer-to-peer lending, and big data analytic applications in banking and financial services, crowd-sourcing, robo-advisory services, goal-based investing, block-chain technology, and digital currencies, and more.
PROGRAM HIGHLIGHTS
| Duration | Effort | Credit |
|---|---|---|
| 4 weeks | 30 hrs | 1 |
Mode : Self-paced, online
Activities: Quizzes, crossword puzzles and flashcards
Assignments: Case study (1)
Practice Test (Midterm) : 1
Practice Test (Final) : 1
Doubt-clearing: Via discussion forum
Progress report: Available to college faculty
Assessment 1: Midterm Test (50%)
Assessment 2: Assignment (20%)
Assessment 3: Final test (30%)
Test Type: Multiple-choice
Certification Eligibility: 50%
Curriculum:
Fundamentals of FinTech
Unit I:
Module I: Introduction to FinTech
- FinTech: Digital Transformation of the BFSI Sector
- Tech foundations for FinTech
- Categories of FinTech
Module II: BankTech: How FinTech is Transforming the Banking Sector
- Introduction to BankTech
- Digital payments
- BNPL (Buy Now Pay Later)
- P2P lending
- The future of banking
Unit II
Module I: Fundamentals of WealthTech
- Introduction to WealthTech
- Algo trading
- Systematic investments
- Crowdfunding
- Robo-advisory Services
Unit III
Module I: Digital Currencies
- Introduction to cryptocurrencies
- Bitcoin, Ethereum, and altcoins
- Cryptocurrency trading
- Decentralized finance
- The Future of Cryptocurrencies and DeFi
Unit IV
Module I: InsurTech – Digital Transformation of the Global Insurance Industry
- Introduction to InsurTech
- Review of InsurTech companies
- Analytics, fraud detection, and risk prevention
Module II: RegTech: Digital Transformation of the Regulatory and Compliance Framework
- Introduction to regulation and compliance in the BFSI industry
- KYC, anti-money laundering, and counter-terrorism funding
- Crypto regulation in India
- Review of RegTech companies
ELIGIBILITY
Course Pre-requisites
Undergraduate and postgraduate students from any discipline are eligible. No engineering or programming background is required.
PROGRAM FACULTY
Program Leader
Austin P.M. is an engineer and an MBA from IIM, Bangalore, with more than two decades of managerial experience in banking and financial services, Internet-based technologies, and education. His financial services experience includes stints at State Bank of India and the Tata group. He set up Carstreet.com, India’s first auto website for SIFY. He founded India’s first personal finance FinTech start-up, PaisaPower.com, funded by ICICI Ventures. He was the Director of the Management Development Centre at LIBA, Chennai. Also, he was the Country Head, India for St Joseph’s University, Philadelphia, USA.
His areas of expertise include FinTech, Blockchain, Machine Learning & Artificial Intelligence, Digital Marketing, and MarTech and E-business. He is a conference speaker and also a visiting faculty at several well-known business schools.
CREDENTIALING PROCESS
Assessment and Certification
The assessment process consists of a mid-term test, an assignment, and a final test. Successful students with 50% marks will earn a Certificate of Completion.
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