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Fintech: Foundations and Applications (FNCE90084)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
Technology has been transforming the financial industry, with the potential to deliver existing financial product and services more effectively and to develop new ones. This subject introduces fundamental economic concepts (including money, moral hazard, property rights and bank runs) and psychological concepts (including engagement, trust and privacy) relevant to major problems faced by the financial sector. It also discusses new technologies (such as big data, distributed ledgers, artificial intelligence, machine learning and natural language processing) underlying real-world fintech applications. The focus is on core concepts and foundations, with the aim to develop students' ability to actively participate in creating fintech solutions.
Intended learning outcomes
- Demonstrate knowledge of key fundamental economic and psychological concepts relevant to major real-world problems in the financial sector
- Demonstrate basic knowledge of techniques in artificial intelligence and machine learning
- Apply relevant techniques from artificial intelligence and machine learning to key finance problems
- Identify major trends in fintech
- Distinguish the concept of disruption (adaptive change) from the concept of automation (change in process)
- Recognise opportunities to innovate
- Develop skills to innovate in fintech
- Learn to think outside the box
- Critically evaluate new ideas and the feasibility of implementation of those ideas
Generic skills
- Oral and written communication
- Problem solving
- Application of theory to practice
- Team work
- Critical thinking
- Evaluation of data
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into one of the following:
- MC-FINANCE Master of Finance
- MC-FINENH Master of Finance (Enhanced)
AND
Note: the following subject/s can also be taken concurrently (at the same time):
All of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ACCT90002 | Financial Statement Analysis |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
ECON90033 | Quantitative Analysis of Finance I |
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Online)
|
12.5 |
ECON90034 | Economics of Finance |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
FNCE90047 | Financial Markets and Instruments |
Semester 1 (Online)
Semester 2 (Dual-Delivery - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE30012 | Foundations of FinTech | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Description | Timing | Percentage |
---|---|---|
11 In-class quizzes (50 words each)
| From Week 2 to Week 12 | 20% |
2 individual homework assignments (400 words each)
| From Week 4 to Week 9 | 20% |
Two individual term project papers (not more than 1000 words each)
| From Week 8 to Week 12 | 40% |
Two-hour end-of-semester examination
| During the examination period | 20% |
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Carsten Murawski Mode of delivery Dual-Delivery (Parkville) Contact hours One x 2 hour lecture and one x 1 hour workshop per week Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
To be advised by the subject coordinator
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022