Unit Outline

Financial technology (Fintech) refers to a relatively new branch of the growing and dynamic field of the banking and financial service sector. This unit covers innovations that banks and businesses can use to their advantage, including but not limited to big data analytics, artificial intelligence, robo-advising and cryptocurrencies and blockchain technology. Fintech equip graduates with the necessary skills to navigate the technological revolution experienced in the last decade in the financial sector.

Intended Learning Outcomes

As per the Assessment and Results Policy 1.3, your results will reflect your achievement against specified learning outcomes.

On completion of this unit, you will be able to:


1.	Analyse the roles and responsibilities of financial institutions in developing strategic responses to innovation and disruption
2.	Evaluate how FinTech tools and techniques communicate financial ideas and solutions for financial analysts
3.	Solve finance and technological problems in banking and financial institutions with sustainability focus
4.	Prepare advice on regulating financial technologies

Requisites


REQUISITE TYPE	REQUISITES
Pre-requisite	BEA674

Alterations as a result of student feedback

To Be Determined

How will I be Assessed?

For more detailed assessment information please see MyLO.

Assessment schedule


ASSESSMENT TASK #	ASSESSMENT TASK NAME	DATE DUE	WEIGHT	LINKS TO INTENDED LEARNING OUTCOMES
Assessment Task 1:	Individual assignment	Week 6	40 %	LO1, LO2, LO3, LO4
Assessment Task 2:	Group case activated learning	Week 13	40 %	LO2, LO3, LO4
Assessment Task 3:	Online Tests	Refer to Assessment Description	20 %	LO1, LO2

Assessment details

Assessment Task 1: Individual assignment

Task Description:

This assignment will consist of a case study which includes all material covered from week 1 to 5. Topic: The impact of Covid-19 in FinTech

Individual assignment: For this task you will review and analyse a case study that includes material from week one through to six. You will analyse the impact of FinTech on financial inclusion in developing markets, propose mobile solutions that respond to national and global challenges, and propose solutions for a FinTech firms to respond to challenges in sustaining their reputation. In addition, you will use financial terminology and theories/figures to communicate ideas and information and theorise advice that a financial regulator would provide to the FinTech firm.

Task Length:

1,500 words + figures and tables

Due Date:

Week 6

Weight:

40 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Analyse the impact of FinTech on financial inclusion in developing markets	LO1
2	Evaluate financial tools and techniques using appropriate theory	LO2
3	Hypothesize mobile solutions that respond to national and global challenges	LO3
4	Theorise FinTech regulation advice for the Environmental, Social and Governance (ESG), the socially responsible and conventional firms	LO4

Assessment Task 2: Group case activated learning

Task Description:

Students are required to form a group consisting of up to three students to complete the research report on a to ‘Risk, return and forecasting cryptocurrencies’.
For this task you will work either individually or in groups of up to three, to complete a research report on ‘Risk, return and forecasting cryptocurrencies’.
Only one submission per group is required. You will explain and use key financial terms, theories/figures and concepts and apply analysis to forecast and propose ideas. In addition, you will examine risk and return in cryptocurrencies, the token system, and blockchain technology. There will be a specific written component assessed individually for each student.

Task Length:

2,000 words (group), 200 words (individual supplement) + figures and tables

Due Date:

Week 13

Weight:

40 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Apply financial terminology and theories/figures to communicate ideas and information	LO2
2	Recommend solutions using quantitative analysis to forecast cryptocurrency value change	LO3
3	Prepare advice on financial risks associated with unconventional “Green” assets that a financial regulator would struggle to identify	LO4

Assessment Task 3: Online Tests

Task Description:

There are two online tests which will be invigilated using the Respondus Lockdown Browser on MyLO. These tests include both theoretical and numerical questions in the form of multiple-choice questions. Multiple choice questions (MCQs) will test student understandings of different theories as they apply to a financial technology context.

The first test is due in week 5, and the second one is due in week 11.

Test 1 is worth 10% and will be based on content from weeks 1 to 4.

Test 2 is worth 10% and will be based on content from weeks 5 to 10.

Task Length:

45 minutes per test

Due Date:

Refer to Assessment Description

Weight:

20 %

CRITERION #

CRITERION

MEASURES INTENDED

LEARNING OUTCOME(S)


1	Differentiate factors affecting technological innovations and disruption	LO1
2	Classify Fintech tools and techniques	LO2
3	Compare regulation and government intervention in Blockchain and Crypto technologies	LO2

How your final result is determined

To pass this unit, you need to demonstrate your attainment of each of the Intended Learning Outcomes, achieve a final unit grade of 50% or greater, and pass any hurdle tasks.

Submission of assignments

Where practicable, assignments should be submitted to an assignment submission folder in MYLO. You must submit assignments by the due date or receive a penalty (unless an extension of time has been approved by the Unit Coordinator). Students submitting any assignment in hard copy, or because of a practicum finalisation, must attach a student cover sheet and signed declaration for the submission to be accepted for marking.

Requests for extensions

If you are unable to submit an assessment task by the due date, you should apply for an extension.

A request for an extension should first be discussed with your Unit Coordinator or teaching support team where possible. A request for an extension must be submitted by the assessment due date, except where you can provide evidence it was not possible to do so. Typically, an application for an extension will be supported by documentary evidence: however, where it is not possible for you to provide evidence please contact your Unit Coordinator.

The Unit Coordinator must notify you of the outcome of an extension request within 3 working days of receiving the request.

Late penalties

Assignments submitted after the deadline will receive a late penalty of 5% of the original available mark for each calendar day (or part day) that the assignment is late. Late submissions will not be accepted more than 10 calendar days after the due date, or after assignments have been returned to other students on a scheduled date, whichever occurs first. Further information on Late Penalties can be found on the Assessments and Results Procedure.

Review of results and appeals

You are entitled to ask for a review of the marking and grading of your assessment task if there is an irregularity in the marking standards or an error in the process for determining the outcome of an assessment. Details on how to request a review of a mark for an assignment are outlined in the Review and Appeal of Academic Decisions Procedure.