Course Title: Introduction to Financial Technology

Part A: Course Overview

Course Title: Introduction to Financial Technology

Credit Points: 12.00

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities. 

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption. 

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209. 

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus 

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance. 


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI3285

City Campus

Postgraduate

660H Graduate School of Business and Law

Face-to-Face

 Sem 1 2024

Course Coordinator: Professor Steven Li

Course Coordinator Phone: +61 3 9925 1445

Course Coordinator Email: steven.li@rmit.edu.au

Course Coordinator Location: Melbourne

Course Coordinator Availability: By appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

Required Prior Study:

Course ID: 050974 Design Thinking for Business


Course Description

Financial technology, also known as FinTech, is an emerging industry composed of companies that use technology and innovation to make financial services more efficient and more accessible. FinTech competes with traditional financial methods in the delivery of financial services.
This course explores the ways in which new technologies are disrupting the financial services industry—driving material change in business models, products, applications and customer user interface. Topics such as AI, blockchain technology, cryptocurrencies, and crowd funding will be covered. Students will gain an understanding of the key technologies, market structure, participants, regulation and the dynamics of change being brought about by FinTech.


Objectives/Learning Outcomes/Capability Development

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Upon successful completion of this course, you will be able to:

CLO1: Evaluate various perspectives of the role that contemporary and emerging financial technologies have on the delivery of financial services.

CLO2: Assess the transformative effect of key financial technologies, and contrast this across a variety of businesses, including those in commercial and retail financial services.

CLO3: Propose opportunities where Fintech can drive innovation and change in business, such as through business models, strategy, product offerings, and digital capabilities.

CLO4: Demonstrate reflective, collaborative, and persuasive communication skills to allow for robust critique and debate of issues arising from Fintech.


Overview of Learning Activities

In this course a variety of teaching approaches will be used including the use of case studies, small group work and critical discussion.

In this course you will be encouraged to be an active learner. Your learning will be supported through various in-class and online activities comprising individual and group work.

These may include case studies; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; conducting presentations; producing written work and collaborating with peers on set tasks or projects.

Details of Learning Activities

Learning activities in this course include, but not limited to:

  • Read the recommended materials
  • Complete the student activities for each topic
  • Actively participate in online discussions and collaborate sessions if applicable
  • Meet all deadlines and assessment criteria for assessments


Overview of Learning Resources

Recommended Text None


Additional learning resources

Various learning resources are available online through myRMIT/Canvas. In addition to topic notes, assessment details and a study schedule, you may also be provided with links to: relevant online information, readings, audio and video clips and communication tools to facilitate collaboration with your peers and to share information.

Resources are also available online through RMIT Library databases and other facilities. If students need assistance with Library databases and services they will need to use the Ask the Library services.

Additional resources and/or sources to assist your learning will be identified by your course coordinator and will be made available to you as required during the teaching period.


Overview of Assessment

The assessment tasks, their weightings, and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 30%

Linked CLOs: 1, 2 & 3

Assessment Task 2: 40%

Linked CLOs: 1, 2, 3 & 4

Assessment Task 3: 30%

Linked CLOs: 1, 2 & 3

Feedback will be provided throughout the semester in class and/or in online forums through individual and group feedback on practical exercises and by individual consultation.