Diploma in Fintech Evening Course

Program Overview

This 11-week online program provides an overview of the fintech industry, covering topics such as banking operations, compliance, innovation, and AI. Through written assignments and presentations, participants gain knowledge and skills for entry-level roles in fintech companies, including business analysis, product analysis, project management, and product design.

Program Outline

Outline:

• Course Content:
• Fintech and Banking
• Overview of Fintech
• Definition of Fintech
• Growth and value of the sector
• Reasons why banking is suitable for disruption
• Examples of fintech innovation
• The World of Banking
• Categories of financial institutions
• Challenger Banks (N26, Revolut, Uber, Amazon)
• Front, Middle, and Back Office operations
• Discussion of the types of systems that bankers require:
• Client Relationship Management
• Trading Systems
• Client Lifecycle Management Systems
• AML Screening Solutions
• Credit Reference Agencies
• Master Data Management
• $10 Billion: Compliance and Fines in Financial Institutions
• How financial institutions manage risk
• Discussion of topics like Know-Your-Customer and Anti-Money Laundering laws drive by laws such as the European Union’s 5th AMLD and United States’ Banking Secrecy Act.
• Whistleblowing and Leaks
• Panama Papers / Mossack Fonseca / Paradise Papers
• Innovations and Disruption
• The Future of Money
• Cashless Societies: “Do you accept card?” to “Do you accept cash?”
• Cryptocurrencies and the Blockchain
• The risks for anti-money laundering posed by challenger banks:
• Identification and Verification
• Anti-impersonation
• Transaction Monitoring
• Tax Evasion
• The Digital Customer Journey
• The digital journey in financial services
• Making banking as easy as Amazon; the importance of frictionless CX/UX
• How fintech supports the safe onboarding of new customers
• How banks are balancing the customer experience against compliance risk
• Innovation in Financial Markets
• How competitive advantage is measured in milliseconds in high-frequency trading
• Exchange-traded funds and the need for automation
• How Lehman Brothers and the Recession created the market for Regtech
• From the trading floor to smartphones
• Crowd markets and the democratization of investing
• AI & Automation
• How financial institutions reduce operational costs and risk by leveraging:
• Machine Learning
• AI
• Robotic Process Automation
• Straight-through processing, Low touch / No touch systems
• Balancing automation against the human touch for Private Banking
• APIs and Open Banking
• The complexity and silos of large banks
• How banks manage interconnectivity and shared data
• The importance of re-using data
• Master Data Management systems
• Course Structure:
• Delivered online over 11 weeks, 1 evening per week, 6.30-9.30

Assessment:

• Written assignment (70%)
• Presentation (30%)

Careers:

• Entry-level roles in Fintech companies in areas like Business Analysis and Product Analysis
• Career paths in Fintech companies in areas like project management or product design