Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group activities on campus, and most will keep an online version available to those students unable to return or those who choose to continue their studies online.
To check the availability of face-to-face and online activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Cynthia Cai
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
(AFIN6012 and (AFIN613 or AFIN6013)) or (admission to MBkgFin or MBusAnalytics or MFin)
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Corequisites |
Corequisites
|
Co-badged status |
Co-badged status
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Unit description |
Unit description
Technology has been transforming the finance industry, with the potential to disrupt traditional industry structure and practice. This unit introduces the main building blocks of FinTech (blockchain, big data, machine learning and artificial intelligence) and how these technologies could provide transformative solutions to underlying finance problems (including economic and psychological issues) and reshape the finance industry with innovations. Cutting-edge cases will be used to illustrate the core concepts. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Assessment criteria for all assessment tasks will be provided on the unit iLearn site.
It is the responsibility of students to view their marks for each within-session-assessment on iLearn within 20 days of posting. If there are any discrepancies, students must contact the unit convenor immediately. Failure to do so will mean that queries received after the release of final results regarding assessment tasks (not including the final exam mark) will not be addressed.
Late submissions and extensions
Tasks 10% or less – No extensions will be granted. Students who have not submitted the task prior to the deadline will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
Tasks above 10% - No extensions will be granted. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved. No submission will be accepted after solutions have been posted.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Assignment | 20% | No | Week 5 |
Group Project | 40% | No | Week 10 |
Final Examination | 40% | No | During University Exam Period |
Assessment Type 1: Report
Indicative Time on Task 2: 15 hours
Due: Week 5
Weighting: 20%
The assignment will cover quantitative and/or qualitative analysis of a finance scenario or problem. Student will be required to produce a report of 800 to 1200 words
Assessment Type 1: Project
Indicative Time on Task 2: 40 hours
Due: Week 10
Weighting: 40%
The project will cover quantitative and/or qualitative analysis specific to FinTech. In groups of 3-4, students will be required to conduct analysis and produce a business report. Please note that 50% of the marks will be based on student's individual contribution via indidvidual essay and/or presentation.
Assessment Type 1: Examination
Indicative Time on Task 2: 15 hours
Due: During University Exam Period
Weighting: 40%
An online open book two hour examination will be held during University Examination Period.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Required Text | No prescribed textbook is required. The unit will utilize various library resources, including research papers, book chapters, case studies, etc. All materials will be provided via iLearn or during the lecture. |
Recommended Readings | We will supplement the lecture materials with readings from journals and other textbooks. A list of relevant material will be provided via iLearn. |
Technology Used and Required | Necessary technology: Computer with MS Excel and Word, scientific or business calculator and internet access. |
Teaching Weeks |
Topics |
1 |
Introduction of FinTech: History and Today |
2 |
Digital Transformation |
3 |
Raising Money with Alternatives: Peer-to-Peer Lending and Crowdfunding |
4 |
Blockchain-A Disruptive Technology: Bitcoin and Cryptocurrencies |
5 |
Blockchain-A Disruptive Technology: Beyond Coins |
6 |
Machine Learning: from ' Traditional' to 'Deep' |
7 |
Big Data: Harnessing Data with Artificial Intelligence |
8 |
InsurTech and PropTech: Financial Innovations in Insurance and Real Estate |
9 |
Financial Inclusion with Innovations |
10 |
Issues of FinTech: Risks and Regulations |
11 |
FinTech: Possible Improvements in Financial Behaviours |
12 |
FinTech: The Future |
13 |
Revision |
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Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
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Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
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Unit information based on version 2021.03 of the Handbook