Introduction to digitalisation in finance

Teaching results

The aim of the course is to comprehend the processes of digitalisation occurring at the financial market and understand its economic and social consequences. This course shall offer students basic understanding about gradual penetration of digital technologies into the world of finance and financial services in private and public sector.
I. Knowledge base and understanding
After completing this course, students should be capable of:
• understanding trends, introduced by digital transformation into financial services and into the services of public sector and what are the motivations behind their development
• comprehending a status-quo of digital infrastructure and of financial digitalisation from the perspective of its concepts, definitions, legislation, data protection, regulation and economic and social effects.
• Knowledge base, cost and benefits that digitalisation brings into the private sector and what do these processes imply for efficiency of public sector.
II. Skills and Competence
After completing this course, students should be able to:
• design an innovative product for the digitalised world of finance
• create a business plan aiming to boost efficiency of services in financial or public sector and understand its wider consequences.