Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

Course is designed to give student wide perspective to advances in Financial Technology and their relation to rapid changes in Financial Services Industry. Course gives both practical and theoretical insides to digital transformation, change in regulation and emerging technologies in Financial Services Industry. Course gives insight into how financial companies are adopting and using financial technology innovation and the potential for partnerships between incumbents, start-ups and investors.

After the course student have better understanding in Financial Technology Industry and better capabilities to work in FinTech startups and technology driven assignments in banking, insurance, and investment management industry.

Credits: 6

Schedule: 15.04.2025 - 30.05.2025

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Timo Penttilä, Yiqun Zhang

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    Topics covered in lectures and by visiting industry experts include

    • Digital transformation of Financial Services Industry

    • Emerging technologies in Financial Services Industry

    • Fintech (financial industry) regulation

    • Responsible Innovation
    • Academic research in Fintech

Assessment Methods and Criteria
  • valid for whole curriculum period:

    1) Assignments (individual) a) Term-papers on quest lectures b) Book summary 2) 2. Case study (group)

Workload
  • valid for whole curriculum period:

    Contact teaching, 24 h
    Independent study and case work, 136 h

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    1 No Poverty

    5 Gender Equality

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    10 Reduced Inequality

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Spring V
    2025-2026 Spring V

    Registration:

    This course is offered as an optional course for the minor in Finance. A maximum of 80 students can be accepted to the course. Students at Aalto Finance M.Sc. programme (i.e., who have graduated as B.Sc.) will be guaranteed a seat on Finance M.Sc. courses. Remaining seats are prioritized as follows:
    1. Finance M.Sc. exchange students from other universities
    2. Aalto Finance B.Sc. students with a finished B.Sc. thesis (registered in transcript of records)
    3. All other M.Sc. students at the School of Business
    4. All other M.Sc. students at Aalto

    Please carefully follow the registration deadlines of the courses and exams! Missing registration deadline automatically foregoes a guaranteed seat for Finance M.Sc. courses and puts prospective student at the bottom of the prioritization list.