FinTech ('Finance' and 'Technology') encompasses innovative financial products and services that enable businesses and their customers to attract financing and to better manage their money and assets. FinTech is radically transforming the finance industry by changing the scale and scope of competition among financial institutions and by offering financial solutions to new business models. During this summer school, we will investigate how FinTech entrepreneurs can develop and grow in a sustainable manner, as well as, how policymakers and regulators can ensure that the new financial landscape is more resilient and better able to foster sustainable economic development.
This course will delve into the innovations that underpin FinTech, the competitive strategies of old and new financial institutions as well as the challenges these innovations bring for regulators, consumers and for sustainable growth.
Course aims to provide students with both theoretical and practical knowledge and skills to understand the FinTech disruption. To this end, participants will engage with legal and economic scholars with in-depth knowledge of FinTech as well as with established entrepreneurs with relevant practical knowledge and broad views on innovations and alternative finance.
Participants will be introduced to the main FinTech innovations and to their transformative implications:
- New technologies (e.g. dis-intermediation, digitalization, Blockchain)
- New funding (e.g. crowdfunding and peer-to-business lending);
- New payment systems (e.g. mobile, digital, crypto-);
- New assets (Tokens, ICOs/ STOs);
- New advisors (robo-advisors, AI, self-executing contracts);
- New regulations (e.g. PSD II; AML/ CFT 5th Directive, RegTech).
Finally, participants will develop a tailor made solution in response to a real problem of the FinTech industry and present it to a panel of experts.
Details about the FinTech Talent Program
- Organizing institution: Utrecht University - Faculty of Law, Economics and Governance
- Period: 15 July 2019 - 26 July 2019 ( 2 weeks )
- Course location(s): Utrecht, The Netherlands
- Credits: 3.0 ECTS credits
- Course code: E28
- Course fee (excl. housing) € 750.00
- Level: Advanced Bachelor
- Course director: dr. Hanna Deleanu
Target audience: Talented (advanced) Bachelor and Master students, PhD students, policymakers, and market professionals that wish to acquire a deeper understanding of FinTech - technologies, new business solutions and competitive industry dynamics and regulations - are encouraged to apply.
Course aim: This course aims to train (future) economic, legal and governance advisers as well as policymakers that are keen to understand the risks and the opportunities brought by the IT developments in the world of finance and look for sustainable and socially oriented solutions.
Study load: Contact hours daily: 4-5 hours (lectures, discussions, assignments), self-study daily: 4 hours (preparation, research, solution development)