OVERVIEW
CEA CAPA Partner Institution: Vrije Universiteit Amsterdam
Location: Amsterdam, Netherlands
Primary Subject Area: Finance
Instruction in: English
Transcript Source: Partner Institution
Course Details: Level 300
Recommended Semester Credits: 3
Contact Hours: 45
DESCRIPTION
During this course you will deal with real-life cases and projects while honing your creativity, flexibility, professional insights and social skills in Lean (start-up) projects and scrums that will equip you to face the future of today?s gig economy. You will learn how to innovate within a sustainable financial model or product, cooperating with financial experts in a business environment based on principles such as good finance, inclusive finance and international impact investment. New start-ups such as banks, insurance companies, pension funds and other traditional financial institutions will reap the rewards of your expertise in finance?s new frontier.
The programme consists of (guest) lectures on fintech developments and blockchain, and the assessment will be carried out by your own work group on a new financial model or product. An off-site visit will be included.
Topics to be covered amongst others:
- financial innovations
- fintech banking products
- fintech treasury products
- alternative funding sources
- blockchain models
- crypto currencies
- case studies
By the end of this course, students will be able to:
- create new financial models and products
- develop alternative financial strategies
- fund business plans (from start up to scale up)
- participate in finance discussions at top management level
Week 1 content: Many of the jobs we will be doing in five years do not exist today. The world is changing rapidly, and the world of finance has to change with it. New innovations will take place both within and beyond existing structures: fintech's providing services such as crowdfunding, P2P lending, family lending, inclusive financing and impact investing will be refined and made more sustainable, while new opportunities using blockchain technology will be developed. Fintechs will disrupt legacy banks and democratize financial services.
Week 2 content: Blockchain stimulates people to create ecosystems without a trusted third party and thus revolutionizes the way organizations work. Currently, everybody is thinking in the silos of their own organization. Blockchain enables easy transactions outside of your own company. Among other things, we will discuss the impact of blockchain on and how blockchain can breach existing monopolies of payment providers. We will also analyze the effect of self-sovereign identity, lead times within the logistical process and enterprise blockchain. Overall, it will be a pleasant mix of understanding the technology of blockchain and lightly discussing the new possibilities it offers.
Forms of tuition: Lectures, workshops, seminars, guest lectures, practical sessions, self-study, excursions.
Forms of assessment: one final assignment and group projects.
Contact hours listed under a course description may vary due to the combination of lecture-based and independent work required for each course. CEA CAPA's recommended credits are based on the contact hours assigned by Vrije Universiteit Amsterdam (VU Amsterdam): 15 contact hours equals 1 U.S. credit