| Instructor |
Dr. CF Tsang |
| Teaching assistant |
Mr. Anthony Lam |
| Syllabus |
This module provides students with the fundamentals in the operations as
well as the management of electronic commerce in the financial services
industry. It presents an overall picture of e-commerce applications in
the financial sector, regionally and internationally. Specific topics
include: managerial financial knowledge, framework of e-finance; recent
development of e-banking, e-brokerage, e-warrant, e-insurance, e-wealth
management, and value-based management. Various cases will be studied. |
| Objectives |
To provide students a good foundation of
knowledge in the current states of various e- financial services and
applications in Asia, and their related technologies, strategies and market
trends. |
| Learning outcomes |
Students will be equipped with up-to-date,
fundamental understanding of miscellaneous e-financial services, and be able
to apply knowledge learned to the design and development of new business
models, solutions and applications to increase organizational operations
efficiencies and competitive advantage, and for creating new business
opportunities. |
| Prior knowledge
expected |
This module does not assume your familiarity
with the theoretical assets of finance; nor will it take you into the
quantitative aspect of financial computing, which is the goal of three other
modules in the MSc(CompSc) programme (COMP7405, 7406 and 7802).
However, Dr. Tsang expects you to be interested enough in the e-financial
services to have done some exploratory investigation and reading on the
subject before coming to class.
Dr. Tsang also wants you to complete your profile on-line so that he can
have some idea about your background and expectations. |
| Topics covered |
- e-Financial Services - Introduction
- Basic concepts
- e-finance and online drivers for the
financial institutions in the ecommerce era
- e-brokerage & Trading
- Trading market terminology and overview
- Challenges for traditional brokers from
online services
- Algorithmic and high frequency trading
- Technology & Insurance
- Insurance basics and industry overview
- New digital entrants challenging
incumbents
- Ping An as the global innovative
ecosystem leader
- Disruptive business models: Internet of
Things, telematics, big data analytics and
P2P insurance, etc.
- e-banking Now & Future
- Overview of banking system in HK
- Digital trends being adopted: mobility,
mobile marketing, social media & analytical
tools, and omni-channel integration
- Payment a paramount banking function
being cannibalized
- Banks being challenged by non-bank banks
from other sectors
- Bank of East Asia - e-banking and Beyond
- Fintech – Part I
- The emergence of Fintech: definition,
operating areas and growth potential
- Key trends in Fintech: mobile payment,
personal finance, P2P lending & virtual
currencies
- Three ways technology disrupts consumer
finance industry
- Opportunities and trends for the new
entrants from different sectors
- Fintech – Part II – China, Asia and Hong Kong
- Categories and regulations of Internet
finance in China
- P2P lending opportunities and risks
- Threats to traditional payment, retail
brokerage and insurance services
- Success story of Alipay and Yu’e Bao,
from payment tool to money market fund
- Fintech opportunities in Asia & Hong
Kong
- Digital Wealth Management
- What is wealth management?
- Technology-led digital wealth management
- Consult your account manager or Robo
advisor?
- Bitcoin and its utilization in money
remittance service in HK
- Companies Valuation and Crowdfunding
- Stages, characteristics and valuation of
startups
- Methods of valuation
- Crowdfunding becoming a capital resource
and its business models
- Equity crowdfunding complementing or
threatening Angle funds?
- Big Data Analytics
- Big data ecosystem and evolution of
analytics
- Traditional vs big data analytics
- Big data for financial services
- Internet of things and big data for
insurers
- From Traditional Financial Services to Fintech
- Paradigm shift in financial services –
traditional, e-enabled, and the disruption
- Review and discussion on topics
presented
- HKSAR to study Fintech operability in
Hong Kong
- Fintech the next big thing in Hong Kong?
|
| Teaching format |
Lectures with class discussion, supplemented with relevant case studies,
journal articles or chapters from books.
There will be guest speakers from the financial services industry
sharing experience in their area of expertise and discussing various
market perspectives. |
| Assessment |
100% continuous assessment
- 3 assignments (90%)
- Attendance and class participation (10%)
|
| Information on CEF |
Information for part B of the CEF application form
- Name of Institution/Course Provider: HKU
- CEF Institution code: 001
- CEF Course Title: E-financial services (Module from MSc in Electronic Commerce
& Internet Computing programme)
- CEF Course Code: 23Z04768-5
|
| Course materials |
TBA |
| Enrolment |
No add or drop after 22 January 2015 (23:59) |
| Class quota |
Class size will be maintained at 50. |