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Fintech: Blockchain in the New Economy (BUSA90524)
Graduate courseworkPoints: 12.5On Campus (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability(Quotas apply) | August |
---|---|
Fees | Look up fees |
This course will cover the emergence of the peer to peer economy in which buyers and sellers, borrowers and lenders and other partners to transactions deal directly with one another, bypassing intermediaries such as retailers and banks. Students will be introduced to different types of peer to peer markets and will learn the theory and application of different financial instruments and technology infrastructures that facilitate the operation of the peer to peer economy. These include digital currencies, cryptographic tokens, Initial Coin Offerings (ICOs) and blockchains. Students will learn how these new instruments and technologies are disrupting traditional ways of doing business, successful and unsuccessful, applied in the peer to peer economy. Students will learn how different sectors of the economy can function without intermediaries while depending on consensus and distributed ledgers. The course will start by explaining the nature of money and traditional payment and banking systems. It will then study the emergence of stateless, decentralized, cloud-based digital currency systems since 2009, and progress to investment products, derivatives, and innovations such as initial coin offerings within the peer to peer economy. Other related issues to be discussed include marketing, smart contracts, investment risk and return, governance, and regulation.
Intended learning outcomes
Upon completion of the subject, student will be able to:
- Describe the traditional role of money and payment systems and the emergence of stateless, decentralized, cloud-based digital currency systems
- Explain the nature and operation of digital currency in comparison to traditional payment and banking systems.
- Describe blockchain technology, distributed ledgers, mining and consensus models.
- Describe the structure of smart contracts and applications
- Describe the process of token/coin sales, and of capital fund raising using ICOs. Additionally, survey related applications and projects.
- Be able to evaluate the trade-offs between risk and return for investments in cryptocurrency and ICOs.
- Determine the state of current and future blockchain and ICO relevant governance and regulation in Australia
- Design and operationalize a blockchain system for the reconceptualization of a traditional business model into a peer to peer format, without intermediaries.
Last updated: 31 January 2024
Eligibility and requirements
Prerequisites
Prerequisite
Option 1
87.5 credit points from
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90480 | Leadership |
April (On Campus - Parkville)
September (On Campus - Parkville)
March (Dual-Delivery - Parkville)
June (Dual-Delivery - Parkville)
|
6.25 |
BUSA90481 | Managerial Ethics & Business Environment |
March (On Campus - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
6.25 |
BUSA90060 | Data Analysis |
September (On Campus - Parkville)
July (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
12.5 |
BUSA90224 | Managing People |
September (On Campus - Parkville)
July (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
12.5 |
BUSA90243 | Marketing |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
|
12.5 |
BUSA90001 | Financial Accounting |
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
|
12.5 |
BUSA90093 | Finance |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
|
12.5 |
BUSA90193 | Managerial Economics |
January (Dual-Delivery - Parkville)
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
|
12.5 |
AND
25 credit points from
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90026 | Business Strategy |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
12.5 |
BUSA90227 | Operations |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
|
12.5 |
Note: these subjects may be taken concurrently (at the same time)
OR
Option 2
106.25 credit points from
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90482 | General Management 1 | September (On Campus - Parkville) |
62.5 |
BUSA90483 | General Management 2 | January (On Campus - Parkville) |
43.75 |
AND
25 credit points from
Code | Name | Teaching period | Credit Points |
---|---|---|---|
BUSA90227 | Operations |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
January (Dual-Delivery - Parkville)
September (On Campus - Parkville)
|
12.5 |
BUSA90026 | Business Strategy |
April (Dual-Delivery - Parkville)
July (On Campus - Parkville)
September (On Campus - Parkville)
April (Dual-Delivery - Parkville)
|
12.5 |
OR
Option 3
Admission into one of the following: MC-ENTRPSP Master of Entrepreneurship, MC-ETRENH Master of Entrepreneurship (Enhanced)
Corequisites
None
Non-allowed subjects
None
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: 31 January 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Syndicate assignment
| Week 3 | 20% |
Syndicate final project
| Week 9 | 30% |
Individual assignments
| Throughout the semester | 20% |
Final examination
| End of term | 30% |
Last updated: 31 January 2024
Quotas apply to this subject
Dates & times
- August
Mode of delivery On Campus (Parkville) Contact hours Total time commitment 170 hours Pre teaching start date 6 August 2022 Pre teaching requirements students are required to complete approximately 15 hours of readings to prepare for the subject during the pre-teaching period Teaching period 13 August 2022 to 10 September 2022 Last self-enrol date 8 August 2022 Census date 19 August 2022 Last date to withdraw without fail 2 September 2022 Assessment period ends 16 September 2022
Last updated: 31 January 2024
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- 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: 31 January 2024