On the Educational Curriculum in Finance and Technology

  • Tatja Karkkainen
  • Georgios A. Panos
  • Daniel Broby
  • Andrea Bracciali
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 10750)

Abstract

Recent technological developments have enabled a wide array of new applications in financial markets, e.g. big data, cloud computing, artificial intelligence, blockchain, cryptocurrencies, peer-to-peer lending, crowdfunding, and robo-advising, inter alia. While traditionally comprising of computer programs and other technology used to support or enable banking and financial services, the new fintech sector is often seen as enabling transformation of the financial industry. A more moderate and critical view suggests that for the full transformative potential of fintech to be enabled, there is a need for an updated educational curriculum that balances knowledge and understanding of finance and technology. A curriculum that provides a skill portfolio in the two core components and complements them with applied knowledge can support the enabling forces which will render fintech as a true opportunity for the financial service industry and for society as a whole. We attempt a scholarship inquiry into the educational curriculum in finance and technology, aiming to inform this modern educational agenda. We review skills shortages, as identified by firms and experts, and examine the state-of-the art by some of the first educational programs in fintech.

Keywords

Finance Financial technology Fintech Educational curriculum 

Notes

Acknowledgements

Panos gratefully acknowledges funding from the PROFIT project. Project PROFIT has received funding from the European Union’s Horizon 2020 Framework Programme for Research and Innovation under grant agreement no. 687895. Bracciali based his contribution to the paper upon work from COST Action IC1406 cHiPSET, supported by COST (European Cooperation in Science and Technology). All authors have benefited from participation and knowledge exchange taking place as part of the Scottish Business School Forum.

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Adam Smith Business SchoolUniversity of GlasgowGlasgowScotland, UK
  2. 2.Business SchoolUniversity of StrathclydeGlasgowScotland, UK
  3. 3.Computing Sciences and MathematicsUniversity of StirlingStirlingScotland, UK

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