IEOR E4574 Fall 2016 Syllabus
IEOR E4574 Fall 2016 Syllabus
IEOR E4574 Fall 2016 Syllabus
Financial technology, also known as fintech, is an economic industry composed of companies that use
technology to make financial services more efficient. Financial technology companies are
generally startups trying to disintermediate incumbent financial systems and challenge traditional
corporations that are less reliant on software.
This course aims to give an insight in the financial technology revolution, and the disruption, innovation
and opportunity therein. We will see the global fintech investment space, this course will aggregate
diverse industry expertise into a single informative course to provide students with the answers they
need to capitalize on this lucrative market. Key industry developments are explained in detail, and
critical insights from cutting-edge practitioners offer first-hand information and lessons learned.
The financial technology sector is booming, and entrepreneurs, bankers, consultants, investors and asset
managers are scrambling for more information: Who are the key players? What's driving the explosive
growth? What are the risks? This course collates insights, knowledge and guidance from industry experts
to provide the answers to these questions and more.
The fintech market captured over US$12 billion investments since 2015, a three-fold increase from the
previous year. New startups are popping up at an increasing pace, and large banks and insurance
companies are being pushed toward increasing digital operations in order to survive. Goldman Sachs
estimates that Fintech startups could be taking up to $4.7 trillion in yearly income and $470 billion in
profits alone from bigger service companies in the financial industry.
Fintech: technology innovation in financial services - Syllabus
Learning Objectives
1. Introduction to fintech
1. Payments
2. Deposits and Lending
3. Capital Raising
4. Investment Management
5. Market Provisioning
6. Insurance
3. FinTech Hubs
6. Financial modeling and Fintech : Big Data 102 and Artificial Intelligence 102
7. FinTech Solutions
Robo-Advisors
Rewiring the Deal – The Path Forward for B2B Supply Chains
Course Grading
Homework : 25%
Final Exam : 35%
Fin tech project : 40%
Duration : 10 sessions in the form of lectures, guest speakers and class discussions.
Textbook