2020/2021

Цифровые финансы

Статус: Маго-лего

Кто читает: Департамент финансов

Когда читается: 3 модуль

Преподаватели: Быковский Георгий Валериевич, Котляров Иван Дмитриевич, Ринкон Эрнандес Карлос Хоакин

Язык: английский

Кредиты: 3

Контактные часы: 32

Course Syllabus

Abstract

Neobanks, cryptocurrencies, crowdfunding etc transformed the financial sector and created new opprtunities for all stakeholders - along with new challenges. The main question is: How can this tectonic shift be used for the benefit of all stakeholders of the financial sector (traditional and digital banks, customers and the state)?

Learning Objectives

• The goal of the course is to get the students acquainted with the dramatic changes in the financial sector generated by the digital revolution.

Expected Learning Outcomes

• Understanding of the nature of digital revolution in finance
• Knowledge of key digital technologies and products
• Knowledge of key digital business models
• Understanding of the customer behavior in digital environment
• Knowledge of state reaction to the digital revolution
• Knowledge of unfair digital practices in the financial sector

Course Contents

• Digital transformation of finance
  What is digital transformation of finance? Is digital transformation of finance equal to FinTech? Reasons of digital transformation in finance. Stages of digital transformation
• Key digital technologies
  Authentication. Big data. Artificial intelligence. Blockchain
• Key organizational technologies
  Platforms. Ecosystems.
• Cryptocurrencies
  Nature of cryptocurrencies. Main features of cryptocurrencies. Acceptance of cryptocurrencies. Classification of cryptocurrencies.
• Strategies of digital transformation in the financial sector
  Actors of the ecosystem of digital finance. Digital transformation of traditional companies. Cooperation between different actors. Possible models of coexistence. Legal regulation and self-regulation.
• Prospects of digital finance in different countries

Assessment Elements

• Homework
  Presentation the research’s results by home task
• Exam
  Final presentation of student teams’ project

Interim Assessment

• Interim assessment (3 module)
  0.5 * Exam + 0.5 * Homework

Bibliography

Recommended Core Bibliography

• Maier, E. (2016). Supply and demand on crowdlending platforms: connecting small and medium-sized enterprise borrowers and consumer investors. Journal of Retailing and Consumer Services, (C), 143. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.eee.joreco.v33y2016icp143.153
• Tasca, P., Aste, T., Pelizzon, L., & Perony, N. (2016). Banking Beyond Banks and Money : A Guide to Banking Services in the Twenty-First Century. [Cham]: Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1346738

Recommended Additional Bibliography

• Chen, L. (2016). From Fintech to Finlife: the case of Fintech Development in China. China Economic Journal, 9(3), 225–239. https://doi.org/10.1080/17538963.2016.1215057