互联网金融与金融科技课程教学大纲模版英文版

1、Syllabus of Online Finance and FintechCourse Name: Online Finance and Fintech Course Code：Credits： 32Total Credit Hours：Lecture Hours： 32Experiment Hours：Programming Hours：Practice Hours：Total Number of Experimental (Programming) Projects 0Where, Compulsory ( 0 ), Optional ( 0 ).School： 08 School of

2、 BusinessTarget Major： FinanceI、Course Nature & AimsOnline Finance and Fintech is an elective course in finance, which focuses on theoretical analysis and skills development. This course aims to provide students with a preliminary understanding of the development of online finance and fintech at hom

3、e and abroad, including the development of emerging fields such as digital currency, blockchain, artificial intelligence, machine learning, etc., to analyze the basic mechanisms of online finance operations, familiarize themselves with the main innovative technologies of fintech companies, be able t

4、o distinguish between various fintech business models, assess the potential impact of fintech regulatory policies and countermeasures, and explore the actual impact of Online finance and fintech on the global banking and financial industry. To prepare students for the intellectual capacity necessary

5、 for future employment in modern finance-related jobs, in order to meet the needs of socio-economic development for complex and innovative professionals.II n Course ObjectivesMoral Education and Character Cultivation.The course provides a comprehensive understanding of Online finance and financial t

6、echnology through the study of Internet theory and financial technology techniques. By explaining the history of online finance and the process of establishing relevant theories and technologies, students will understand how their predecessors thought and overcame the obstacles encountered in the de

7、velopment of Internet finance, and will be helped to establish a scientific mindset and the spirit of facing challenges in their work. From the perspective of the role of online finance and financial science and technology in Chinas innovation-driven development, and using the research work of outst

8、anding contributors as the carrier, the education of socialist core values is integrated into the course content and teaching process, highlighting value leadership, knowledge transfer and capacity development, helping students to correctly understand the laws of history, accurately grasp the basic

9、conditions of the country, masterIV、Table of Credit Hour DistributionTeachingContentIdeological and Political IntegratedLectureHoursExperimentHoursPracticeHoursProgrammingHoursSelf-studyHoursExerciseClassDiscussionHoursChapter 1 The DigitalTriumvirate and New Interfaces for the Digital World22Chapte

10、r 2 TheRise ofFintech22Chapter 3 The Basics ofCryptography andEnciyption44Ch 叩 ter 4 TheRise ofBitcoin44Chapter 5Blockchain As an Enabling Technology44Chapter 6 The Proliferation of Crypto-assets121Chapter 744Taxonomy ofCrypto-assetsChapter 8UnderstandingArtificialIntelligence and ItsCapabilities22C

11、hapter 9 Applications of ArtificialIntelligence in FinancialServices121Chapter 1() Fin tech and the Future of the FinancialEcosystem121Chapter 11TheContinuingEvolution ofCrypto-assets121Chapter 12Case study:China as aTemplate for the Growth ofTechfin42Total26346Sum32V、Summary of Experimental (Progra

12、mming) ProjectsNo experiment (programming) sessionVI、Teaching MethodClass lecture: This course is mainly taught by the instructor, supplemented by self-study and after-schoolassignments based on course video materials. The teaching process is flexible with the use of board books and multimedia teach

13、ing, case study and in-class discussion to enhance teacher-student interaction and focus on heuristic teaching.VII、Course Assessment and Achievement EvaluationAssessment Methods： Non-ExaminationExamination Formats： Open-bookGrading Methods： Five-level SystemCourse Assessment Content, Assessment Form

14、at and Supporting Course ObjectivesCourseObjectives (Indices)AssessmentContentAssessment Formats and Proportion ( % )GradingClassroomQuestioningAssignmentEvaluationRoutine TestExperimentReportTermReportTermPaperMidtermExamFinalExamProportion(%)Objective 1 (Index 11-3)New Interfaces for the Digital W

15、orld, Drivers of the Fintech Revolution, TypesofFintech105Objective 2 (Index 12-2)Asymmetric orPublic Key Cryptography, The Bitcoin White Paper, The Technical Foundations ofBitcoin, Characteristics of aBlockchain, Use Cases of Blockchains, Mechanisms for Distributing1020New Crypto-assets, Taxonomy o

16、f Crypto-assets, Selected AI Techniques, SelectedCapabilities of AIObjective 3 (Index 3-2)Regulators Provide Improved Clarity on Crypto-assets, The Changing Shape of the Financial Ecosystem, Central Bank-Backed Digital1010Objective 4 (Index 8-3)Specific Applications ofAI inSubsectors ofFinancialServ

17、ices, Key Challenges to the Deployment of ArtificialIntelligence in Financial Institutions, New Market Dynamics for Competing Financial Products10520Total404020100皿、Course ResourcesTextbooks：Henri Arslanian, Fabrice Fischer. The Future of Finance： The Impact of FinTech, AI, and Crypto on Financial S

18、ervicesfM. Cham: Palgrave Macmillan, 2019.Bibliography：I .Yao Wenping. Internet FinanceM, Beijing: Zhongxin Publishing House, 2014.Soe Blakstad, Robert Allen. FinTech RevolutionM. Cham： Palgrave Macmillan, 2018.Alessandra Tanda, Cristiana-Maria Schena. FinTech, BigTech and BanksM. Cham: Palgrave Mac

19、millan, 2019.Reading Materials：Board Financial Stability. FinTech and market structure in financial services: Market developments and potential financial stability implications. Financial Innovation Network, Financial Stability Board, Basel, Switzerland, 2019.Claessens S, Frost J, Turner G, et al. F

20、intech credit markets around the world: size, drivers and policy issuesJ. BIS Quarterly Review September, 2018.IX、NotesPrerequisites: FinanceFollow-up Courses:Contents and Requirements of Students1 Self-study: NoBilingual Teaching or Not: NotRequirements and Proportion of Bilingual Teaching: NoDisci

21、pline and Considerations of Practice Session: no practice sessionNotes:scientific worldview and methodology, and promote the establishment of correct worldview and values.2.Course ObjectivesThrough the study of this course, students1 qualities, skills, knowledge and abilities obtained are as follows

22、：Objective 1. lb gain insight into current development of online finance and Fintech(Corresponding to Chapter 1,2,9,10, supporting for graduation requirements index 4.1、4.2 4.3)Objective 2. To acquire knowledge and skills of the main pillars of FinTech(Corresponding to Chapter 3,4,5,6,7,8, supportin

23、g for graduation requirements index 5.1、5.2、5.3)Objective 3. To understand the regulations of online finance and Fintech(Corresponding to Chapter6,9,10,11, supporting for graduation requirements index 9.1 9.2 9.3、12.1 12.2 12.3)Objective 4. lb explore potential impact of online finance and Fintech o

24、n the financial services industry.(Corresponding to Chapter 8,9,10,11,12, supporting for graduation requirements index 10.1 10.2 10.3)3. Supporting for Graduation RequirementsThe graduation requirements supported by course objectives are mainly reflected in the graduation requirements indices 4.1 x

25、4.2、4.3、5.1 5.2 5.3、9.1 9.2、9.3、10.1、10.2 10.3 12.K 12.3 12.3, as follows:Supporting for Graduation RequirementsCourseObjectivesGraduationRequirementsIndices and Contents Supporting for GraduationRequirementsTeachingTopicsLevel ofSupportIndicesContentsObjective 14. PracticalApplication AbilityIndex4

26、.1.Use flexibly the acquired professional knowledge in financial practice.Chapter129,10HIndex4.2.Digest, interpret, highlight, and present information from domestic and international sources, so as to provide consultation for the government, enterprises, financial institutions on practical issues.Ch

27、apter1,2,9,10HIndex4.3.Apply principles of modem finance and economics as well as analytical tools to cope with practical challenges while conducting scientific research.Chapter1,2,9,10HObjective 25. Manipulation ofFinancial AnalyticalTools AbilityIndex5.1.Skillfully use computer for business operat

28、ions.Chapter3,4,567,8HIndex5.2.Skillfully process data, build models and make evaluations with the assistance of methods from modern financial econometricsChapter3,4,5,678Hand data science.Index53Write professional papers and research reports.Chapter3,4,5,6,7,8HObjective 39. Investment andFinancing

29、Decision-MakingAbilityIndex9.1.Build a solid foundation in financial theories and methods.Chapter6,9,10,11HIndex9.2.Make investment decisions and judgement, capitalizing on the knowledge from a number of courses including securities investment, risk management, and venture capital.Chapter6,9,10,11HI

30、ndex9.3.Make financial decisions in an international perspective, derived from a comprehensive understanding of a variety of courses such as macroeconomics, international finance and financial engineering.Chapter6,9,10,11H12. CareerDevelopment AbilityIndex12.3.Master the professional theories and kn

31、owledge of finance, management, economics, and trade related to finance, which pave the way for future career development.Chapter6,9,10,11HIndex12.3.Demonstrate self-learning andself-motivation ability in related disciplines.Chapter6,9,10,11HIndex12.3.Have interdisciplinary and professional developm

32、ent capabilities.Chapter6,9,10,11HObjective 410. ProfessionalCompetenceIndex10.1.Construct proprietary architectonic system of finance through a thorough understanding of financial knowledge.Chapter8,9,10,11,12HIndex10.2.Develop, design, plan and execute new ideas in the field of financial instrumen

33、ts facilitated by the combined knowledge of management and economics.Chapter8,9,10,11,12HIndex10.3.Build wide-ranging professional expertise and enhance professional ability in analyzing and solving problems through their own body of knowledge.Chapter8,9,10,11,12HIH Basic Course ContentThe Digital T

34、riumvirate and New Interfaces for the Digital World (supporting course objectives 1)Increasing Computational Power, Increasing Data Collection and Availability and Increasing Digital ConnectivityThe Evolution of Visual DisplaysVoice as a User InterfaceWearables and the Body as an InterfaceTeaching R

35、equirements: After studying this chapter, students will understand how new technologies and their applications are changing the future of financial services. They will explore the relationship between the exponential increase of computational power, new networks of connectivity, and the rise of the

36、data economy. They will explore the history of human-machine interfaces and how emerging interface technologies are making engagement with technology both easier and richer. They will discuss about the advent of new human-to-machine interfaces and their implications for future development of digital

37、 economy.Key Points： The Digital Triumvirate of Computation, Data, and ConnectivityDifficult Points： New Interfaces for the Digital WorldThe Rise of Fintech (supporting course objectives 1)Drivers of the Fintech RevolutionTypes of FintechChallenges Faced by FintechTeaching Requirements: After study

38、of this chapter, students should understand that the current environment of rapid fintech revolution has three catalysts: a changing macroeconomic and regulatory environment, the rapid evolution of technology, and shifting customer expectations. They will learn the strategies that leading fintech ar

39、e using in their efforts to reshape some of the most important subsectors of financial services: payments, lending, wealth management, insurance, and banking itself. They will also learn how a different breed of fintech focused on managing regulatory compliance across all of these subsectors is havi

40、ng a profound impact on both startups and incumbents. They will explore some of the serious challenges faced by fintech firms, such as access to talent, Regulatory Compliance, Customer Trust and Scaling the Customer Base. They will also learn how the challenges facing fintech seeking to directly int

41、erface with customers (B2C fintech) differ from those fintech attempting to serve existing financial institutions (B2B fintech).Key Points： Types of FintechDifficult Points： Challenges Faced by FintechThe Basics of Cryptography and Encryption (supporting course objectives 2)Early EncryptionAsymmetri

42、c or Public Key CryptographyEarly Experiments with CryptocurrenciesTeaching Requirements: After studying this chapter, students will get to know the groundbreaking 1976 paper written by cryptographers Whitfield Diffie and Martin Hellman, who proposed the notion of asymmetric (commonly referred to as

43、 public key) cryptography in which two different but mathematically related keys are used-a public key and a private key. Students should understand the function of the public key, which is public and available for anyone to see, and the function of the private key, which is not meant to be seen by

44、others. Students will understand that the public key is mathematically derived from a private key that anyone can then use to send you a message that only you will be able to decrypt as only you have the private key. They should understand that Bitcoin uses an algorithm called ECDSA (Elliptic Curve

45、Digital Signature Algorithm) that also allows you to use your private key to generate a public key. That public key allows you to then generate your Bitcoin address.Key Points； Early Encryption, Early Experiments with CryptocurrenciesDifficult Points： Asymmetric or Public Key CryptographyThe Rise of

46、 Bitcoin (supporting course objectives 2)The Bitcoin White PaperThe Technical Foundations of BitcoinThe Growth of BitcoinChallenges Facing BitcoinTeaching Requirements: After studying this chapter, students should understand the link between 2008 financial crisis and the emergence of Bitcoin white p

47、aper. Students will consider how an anonymous white paper proposed a new technology called Bitcoin that imagined a different system for payment and the storage of value. We will consider the content of this white paper, and explore the underlying workings of the Bitcoin protocol as well as both the

48、growth of and challenges facing the Bitcoin community. They should understand that Bitcoins goal of eliminating the need for a trusted central party is built on the confluence of four concepts: cryptography, decentralization, immutability, and proof-of-work. Students should understand that Bitcoin f

49、aces many challenges, including its volatile price, and the legal, regulatory, and tax clarity concern.Key Points： The Bitcoin White Piper, The Growth of BitcoinDifficult Points： The Technical Foundations of BitcoinBlockchain As an Enabling Technology (supporting course objectives 2)Defining the Cha

50、racteristics of a BlockchainChallengesUse Cases of BlockchainsTeaching Requirements: After studying this chapter, students will understand that blockchain is shifting the way in which the financial services community thinks about the potential architecture of the systems that enable financial transa

51、ctions. Students will consider understand the three characteristics of blockchains including decentralized and transparent, consensus-driven, and immutable. They should understand the challenges facing blockchain such as anonymity, quality of information, interoperability, mass adoption and legal un

52、certainty. They should also know about some frequently cited uses of blockchain include KYC and cross-border payments.Key Points： Characteristics and challenges of a BlockchainDifficult Points： Use Cases of BlockchainsThe Proliferation of Crypto-assets (supporting course objectives 2,3)The Emergence

53、 of New Crypto-assetsMechanisms for Distributing New Crypto-assetsA Closer Look at ICOsTeaching Requirements: After studying this chapter, students will learn about various new crypto-assets, with an emphasis on the second largest crypto-asset, Ethereum. They will become familiar with important tech

54、nical differences between Ethereum and bitcoin, including the frequency of new block generated on the blockchain, the difference in transaction fees, whether smart contracts and decentralized application can be run on the platform. They will learn about three primary methods of creating new tokens,

55、including via mining, via a hard fork, and via sale. They will learn that Initial coin offerings represent a new approach to financing the development of a new service offering and warrant some exploration. They will become familiar with the technical structure of ICO, such as a technical standard o

56、n the Ethereum blockchain called ERC20 (Ethereum Request for Comment), which provides a suite of open source standards for the creation of a new token. They should also know about the challenges facing ICO, including fluid regulatory environment and discriminatory treatment of investors.Key Points：

57、The Emergence of New Crypto-assetsDifficult Points： Mechanisms for Distributing New Crypto-assetsTaxonomy of Crypto-assets (supporting course objectives 2)Establishing a Taxonomy of Crypto-assetsPayment TokensUtility TokensInvestment TokensNon-fungible TokensTeaching Requirements: After studying thi

58、s chapter, students will understand three categories of tokens: tokens intended to be used to facilitate payments (often called cryptocurrencies); tokens intended to serve as investments in financial assets/securities (investment tokens); and tokens intended to be redeemed for a consumable service (

59、utility tokens). They should know that all payment tokens are irreversible, pseudo-anonymous or anonymous, global and always available, cryptographically secure, fast and inexpensive. They need to know that utility tokens are crypto-assets designed to be consumed and to provide their user with some

60、specific utility. Students should understand that crypto-investment tokens are instruments whose primary function is to serve as a financial investment for the holder of the token and thus are considered securities (or in some cases commodities) under most regulatory regimes. They should know that n