INNOVATION IN BANKING AND DIGITAL FINANCE
Syllabus
EN
IT
Learning Objectives
LEARNING OUTCOMES:
The course analyzes the role of innovation in the financial sector considering both fintechs and the new strategies adopted by traditional players. Students at the end of the course will be able to evaluate the new trends in the financial sector and highlight the opportunities related to the application of technology.
KNOWLEDGE AND UNDERSTANDING:
The student will understand the problems related to the creation of new companies to compete in the fintech way and will analyze in detail the choices made by some companies that operate successfully in the sector.
APPLYING KNOWLEDGE AND UNDERSTANDING:
The main skills gained in the course are:
1. Analysis of the differences between new comers and traditional players in the financial sector;
2. Evaluation of protech-related opportunities
3. Identification of problems related to regtech
4. Measurement of the role of big data for the development of successful business models in the fintech sector
At the end of the course students will be able to apply these skills in real market contexts considering the problems related to market anomalies and future trends in supply and demand.
MAKING JUDGEMENTS:
Students will be able to identify and collect the information necessary for the evaluation of the growth opportunities of a fintech in the Italian market.
COMMUNICATION SKILLS:
Students will be able to analyze the characteristics of new business models in the financial sector and evaluate strenghts and weaknesses of a digitalization strategy for a specific financial service.
LEARNING SKILLS:
Students will be able to identify the distinctive characteristics of new market operators compared to traditional financial institutions.
The course analyzes the role of innovation in the financial sector considering both fintechs and the new strategies adopted by traditional players. Students at the end of the course will be able to evaluate the new trends in the financial sector and highlight the opportunities related to the application of technology.
KNOWLEDGE AND UNDERSTANDING:
The student will understand the problems related to the creation of new companies to compete in the fintech way and will analyze in detail the choices made by some companies that operate successfully in the sector.
APPLYING KNOWLEDGE AND UNDERSTANDING:
The main skills gained in the course are:
1. Analysis of the differences between new comers and traditional players in the financial sector;
2. Evaluation of protech-related opportunities
3. Identification of problems related to regtech
4. Measurement of the role of big data for the development of successful business models in the fintech sector
At the end of the course students will be able to apply these skills in real market contexts considering the problems related to market anomalies and future trends in supply and demand.
MAKING JUDGEMENTS:
Students will be able to identify and collect the information necessary for the evaluation of the growth opportunities of a fintech in the Italian market.
COMMUNICATION SKILLS:
Students will be able to analyze the characteristics of new business models in the financial sector and evaluate strenghts and weaknesses of a digitalization strategy for a specific financial service.
LEARNING SKILLS:
Students will be able to identify the distinctive characteristics of new market operators compared to traditional financial institutions.
Prerequisites
none
Program
Week 1
Digital innovation and Regulation (2 hours)
Instant Credit, Open Finance and New Banks (2 hours)
Week 2
Digital Euro, CBDCs & Tech innovation (2 hours)
New trends in Payments, AI & Banking (2 hours)
Week 3
AI, Retail Banking & Digital Champions (2 hours)
Crypto, Defi & new challenges (2 hours)
Week 4
Technology, Supervision and Banks (2 hour)
Digital Euro and tokenization (1 hour)
Artificial Intelligence and Data (1 hour)
Digital innovation and Regulation (2 hours)
Instant Credit, Open Finance and New Banks (2 hours)
Week 2
Digital Euro, CBDCs & Tech innovation (2 hours)
New trends in Payments, AI & Banking (2 hours)
Week 3
AI, Retail Banking & Digital Champions (2 hours)
Crypto, Defi & new challenges (2 hours)
Week 4
Technology, Supervision and Banks (2 hour)
Digital Euro and tokenization (1 hour)
Artificial Intelligence and Data (1 hour)
Books
References will be provided during the lectures
A selection of articles published on the journal "Bancaria" will be freely available on the course website. The articles are not compulsory references for the course.
Slides and reports available on the website in the restricted access area (only for students enrolled for the course)
A selection of articles published on the journal "Bancaria" will be freely available on the course website. The articles are not compulsory references for the course.
Slides and reports available on the website in the restricted access area (only for students enrolled for the course)
Bibliography
Slides and reports provided on the course website
Teaching methods
Face to face lectures and invited speakers
Exam Rules
The final evaluation is based on a multiple choice test with 32 questions.
Each question will be evaluated 1 if correct and o if wrong or not given.
The exam is sufficient if the score achieved is at least 18. The final grades will be published on the course website not later than 48 hours after the end of the written test. Student will have the opportunity to see the evaluation of the written test in no more than 7 days after the publication of the results online.
The final grade will be pass (if the score is sufficient) or fail.
Each question will be evaluated 1 if correct and o if wrong or not given.
The exam is sufficient if the score achieved is at least 18. The final grades will be published on the course website not later than 48 hours after the end of the written test. Student will have the opportunity to see the evaluation of the written test in no more than 7 days after the publication of the results online.
The final grade will be pass (if the score is sufficient) or fail.
Attendance Rules
Attendance is compulsory and the minimum attendance requirement is 80% of the overall lectures