FA595 Financial Technology (FinTech)



Course Catalog Description

Introduction

This course covers emerging topics in the area of financial technology and also allow students to develop practical programming, statistics, and mathematical skills that are valued in the Fintech industry. We will explore topics from both theoretical and practical perspectives in the areas of digital currency and blockchain technologies, automated wealth management, digital lending, peer-to-peer applications including payments and insurance, machine learning financial applications.
Pre-requisite: FE520 (Introduction to Python for Financial Applications)


Campus Fall Spring Summer
On Campus X X

Instructors

Professor Email Office
Victoria Li
jli264@stevens.edu

More Information

Course Outcomes

After successful completion of this course, students will:

  • Be conversant in both the main theoretical ideas and high-level concepts of the financial technology topics to be discussed.
  • In addition, students should aim to become proficient in the implementation of key ideas behind such topics.
  • The main aim of this course is to give students exposure to core ideas in financial technology as well as develop hands-on programming skills in the Fintech area.
  • Give students exposure to core ideas in financial technology as well as develop hands-on programming skills in the Fintech area.
  • Students will also be given outlines for a main project for this course which may lead into future research projects or a master’s thesis topic.
  • Finally, this course is a precursor for further Fintech topic specific graduate courses.

Course Resources

Recommended Readings

  • Mastering Ethereum: Building Smart Contracts and DApps (2018) by Andreas M. Antonopoulos and Gavin Wood. ISBN: 1491971940.
  • Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies (2019)by Neel Mehta, Aditya Agashe and Parth Detroja. ISBN: 0578528150.
  • DeFi and the Futrue of Finance (2021) by Campbell R Harvey, Ashwin Ramachandran and Joey Santoro. ISBN: 1119836018.
  • Python for Data Analysis: Data Wrangling with Pandas, NumPy, and IPython (2017) by William McKinney. ISBN: 1491957662.


Grading

Grading Policies

Weights
1 Two Exams 50% (25% each)
2 Group Project and Presentation 30% (15% and 15%)
3 Homework 15%
4 Canvas Discussions 5%
5 Total 100%

Lecture Outline

Week Topic
Week 1 Course Introduction FinTech Overview
Week 2 Blockchain Overview and Bitcoin Mechanics
Discussion 1 Due
Week 3 Bitcoin Economics and Limitations
Homework 1 Due
Week 4 Scaling Blockchain: Proof-of-Work vs. Proof-of-Stake
Discussion 2 Due
Week 5 Proof-of-Stake Mechanics and Proof-of-Stake Blockchains
Homework 2 Due
Group Project Member Sheet Due
Week 6 Cryptocurrencies Overview, Ecosystem and Interlinkages
Decentralized Applications (dApps)
Discussion 3 Due
Exam 1 Review
Week 7 Exam 1
Week 8 Ethereum and Smart Contracts
Week 9 DeFi: Borrowing and Lending through the Compound Protocol
Homework 3 Due
Discussion 4 Due
Week 10 Non-Fungible Tokens (NFTs)
Week 11 Cryptocurrency Exchanges: Centralized and Decentralized Exchanges (DEXs)
Web3 and Metaverse
Week 12 Crypto Regulation, Tax and Risk Management
Exam 2 Review
Group Project Due
Homework 4 Due
Discussion 5 Due
Week 13 Exam 2
Week 14 Group Project Presentations