International Trade and Business (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: ECO036
Course Name: Financial Technology and Innovation
Semester: Fall
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Departmental Elective
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. AYFER USTABAŞ
Course Lecturer(s): Prof. Dr. Çiğdem Börke Tunalı
Course Assistants:

Course Objective and Content

Course Objectives: Financial technologies have become one of hotly debated issues in economics and finance recently. Many firms both in finance and real sectors have started to apply new digital technologies in their businesses. The aim of this course is to teach the basics of fintech, main digital technologies used in financial markets and the future trends in digital technologies.
Course Content: Financial technologies are the new digital technologies that aim to improve and automate the delivery and use of financial services. This course covers the main topics that are related to financial technologies. During the course, various technologies such as artificial intelligence, machine learning, cloud computing, blockchain technology and their applications in financial markets are investigated. Moreover, new payments architecture, crowdfunding, insurtech, regtech and the future trends in digital finance are discussed in this course.

Learning Outcomes

The students who have succeeded in this course;
1) Students who succeed this course will be able to explain the main concepts of financial technologies, digital technologies used in financial markets and the future trends in digital finance.
2) After finishing this course, students can analyse the trends in financial technologies and they will be able to forecast possible future changes in the digital finance.

Course Flow Plan

Week Subject Related Preparation
1) Introduction to FinTech
2) Financial Innovation: Theory, History and Current Trends
3) Artificial Intelligence, Machine Learning and Deep Learning
4) Artificial Intelligence in Finance
5) Cloud Computing, API Economy and Open APIs
6) Blockchain Technology and Infrastructure
7) Mid-Term Exam
8) Blockchain, Cryptography and Crypto-Currencies
9) Smart Contracts and Hyperledgers
10) Payments Architecture and Technologies
11) Lending, Crowdfunding and Infrastructure
12) InsurTech
13) RegTech
14) The future of Digital Finance
15) Final Exam

Sources

Course Notes / Textbooks: Fintech: The New DNA of Financial Services by Pranay Gupta, T. Mandy Tham-E-book.

Fintech in a Flash: Financial Technology Made Easy by Augustin Rubini.

FinTech Future: The Digital DNA of Finance by Sanjay Phadke.
References: Fintech: The New DNA of Financial Services by Pranay Gupta, T. Mandy Tham-E-book.

Fintech in a Flash: Financial Technology Made Easy by Augustin Rubini.

FinTech Future: The Digital DNA of Finance by Sanjay Phadke.

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

Program Outcomes
1) Has a broad and interdisciplinary perspective on international business and trade by the use of social sciences and mathematics, 2 2
2) Possess the knowledge and skills related to different functions and interactions of international business and trade. 2 2
3) Possess the knowledge and skills to interpret the data, concepts and ideas in the field of international business and trade with scientific and technological methods. 3 3
4) Use different theoretical approaches to understanding and solving various business and trade problems. 2 2
5) Explains the competitiveness of the countries with the requirements of international competition and interprets the functioning of the actors and regulatory structures in the international environment. 2 2
6) Understands the value of developing new trade projects and generating strategies within international market needs. 3 3
7) Solves complex business and global trade problems by using various statistical techniques and numerical methods and makes analyzes by using statistical programs effectively. 2 2
8) Uses a foreign language at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 3 3
9) Develops teamwork, negotiation, leadership and entrepreneurship skills. 3 3
10) Possess the knowledge of universal ethical values, social responsibility and sufficient legal and regulatory knowledge. 2 2
11) Develops positive attitudes related to lifelong learning and identifies individual learning needs and carries out studies to correct them. 3 2
12) Students will be able to communicate their ideas and solutions both written and orally, and present and publish them on both national and international platforms. 3 3
13) Uses information and communication technologies together with computer software at the advanced level of European Computer Using License required by the field. 3 3

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) Has a broad and interdisciplinary perspective on international business and trade by the use of social sciences and mathematics,
2) Possess the knowledge and skills related to different functions and interactions of international business and trade.
3) Possess the knowledge and skills to interpret the data, concepts and ideas in the field of international business and trade with scientific and technological methods.
4) Use different theoretical approaches to understanding and solving various business and trade problems.
5) Explains the competitiveness of the countries with the requirements of international competition and interprets the functioning of the actors and regulatory structures in the international environment.
6) Understands the value of developing new trade projects and generating strategies within international market needs.
7) Solves complex business and global trade problems by using various statistical techniques and numerical methods and makes analyzes by using statistical programs effectively.
8) Uses a foreign language at the B1 General Level in terms of European Language Portfolio criteria according to the level of education.
9) Develops teamwork, negotiation, leadership and entrepreneurship skills.
10) Possess the knowledge of universal ethical values, social responsibility and sufficient legal and regulatory knowledge.
11) Develops positive attitudes related to lifelong learning and identifies individual learning needs and carries out studies to correct them.
12) Students will be able to communicate their ideas and solutions both written and orally, and present and publish them on both national and international platforms.
13) Uses information and communication technologies together with computer software at the advanced level of European Computer Using License required by the field.

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Workload
Course Hours 15 45
Study Hours Out of Class 15 30
Midterms 6 12
Final 15 30
Total Workload 117