Fintech Lab

'This curriculum is inspired from FNCE100 Corporate Finance – Wharton Undergraduate Finance'

• The barter system and double coincidence of wants
• Need for money and its characteristics
• Understanding money
• Money as a store of value and medium of exchange.
• Development of paper money and origin of bank

Exercise: 'The barter system poses several challenges. Device a new type of barter system which is slightly easier to implement.'

'This curriculum is inspired from International Banking FNCE232 – Wharton Undergraduate Finance'

• Section I
• Origin of a Bank
• Functions of a bank
• Credit Union
• Crowdfunding:
• Future of Banking – A fintech revolution
• Section II
• How do banks make money?
• Introduction to Fractional Reserve Banking
• Federal Reserve and its role in controlling the economy of the USA
• Section III
• An Introduction to Investment Banking

Exercise: 'Current banking system is based on interest. Devise different ways to raise the funds for a project. system which is slightly easier to implement.'

'This curriculum is inspired from Harvard Business School Fintech Course'

• Introduction to Fintech | Fintech Explained
• How FinTech is Shaping the Future of Banking
• 15 Things You Didn’t Know About Fintech Industry
  Credit Card & Crowdfunding
• Crowdfunding – Success stories in Fintech

Exercise: 'Brainstorming Future Innovations in Fintech.'

'This curriculum is inspired from FNCE101 Corporate Finance – Wharton Undergraduate Finance'

• Three forces that drive the economy
• How credit creates growth
• Economic expansion and recession
• Concept of de-leveraging and how to solve it The Lost Decade
• The financial system

Exercise: 'Brainstorm various parameters which impact the economy of a country and how they can be tweaked during a crisis.'

'This curriculum is inspired from Private Equity & Venture Capital – Harvard Business School'

• What is the capital and what are the different types of capital
• Private Equity & Venture Capital I Capital Market

Exercise: 'Develop strategies to revive the business of a newly acquired property'

'This curriculum is inspired from FNCE100 Corporate Finance – Wharton Undergraduate Finance'

• Introduction to Capital Budgeting
• Present Value and Future Value of Money
• Introduction to Capital Budgeting – YouTube
• Uncertainty and the trade-off between risk & return
• Working Capital Management I Optimal capital structure

Exercise: 'Devise capital budgeting strategies with an aim to keep the Sharpe Ratio as high as possible.'

• How electronic payment work
• Participants involved in the payment processing industry
• Real-life example of how transactions work
• Payment Gateway

Exercise: 'Devise a point-of-sale payment system that does NOT need Internet connectivity to work or work through more innovative ways of connectivity.'

'This curriculum is inspired from FNCE202 Consumer Finance Decision Making – Wharton Undergraduate Finance'

• Credit Cards – How Does a Credit Card Work?
• Student Loan – How Do Student Loans Work?
• Mortgage & Insurance
• Understanding Health Insurance
• Challenges in consumer finance

Exercise: 'Develop the best financial plan which pays for your college tuition in a given situation.'

'This curriculum is inspired from FNCE205 Investment Management – Wharton Undergraduate Finance'

• What is an investment? | Investment Diversification
  Asset Allocation | Risk and return
• How Stock Exchange Works | Stock Market Explained

Exercise: 'Analyze how the stock price of the company is affected by fluctuations in external and internal factors.'

• Introduction to Insurance and how does the insurance industry make money
• Emerging tech-trends in the insurance industry Insurtech Explained
• World InsurTech Report 2020: Critical times require a new mindset
• The future of insurance claims
• The power and potential of AI in insurance claims Disruptive trends in insurance industry

Exercise: 'Design an Insurtech system to settle vehicle accident claims in seconds.'

'This curriculum is inspired from FNCE100 Corporate Finance – Wharton Undergraduate Finance'

• Introduction to Data Science
• Five ways data Science changed Finance
  • Fraud Prevention and Data Science | Anomaly Detection | Customer Analytics | Risk Management | Algorithmic Trading
• Top 9 Data Science Use Cases in Banking:
  Big Data and Analytics at Work in Banking:

Exercise: 'Brainstorm data science use cases to make life easier for customers and service providers in the banking and finance industry.'

'This curriculum is inspired from Harvard Business School Fintech Course'

• What is a Blockchain and what problem do they solve?
• What is a smart contract & what problem do they solve?
• Introduction to Cryptocurrency
• How Blockchain enables Cryptocurrency?
• Could digital currencies put banks out of business?

Exercise: 'Use Blockchain to develop a system to prevent airplane parts overflying their age.'

'This curriculum is inspired from Harvard Business School – Leading with Finance'

• Introduction and types of Financial Analysis
• Reading and understanding the balance sheet
• The cash flow statement

Exercise: 'Performing 12 types of financial analysis on a company’s balance sheet.'

• Using credit cards wisely
• Prioritizing your expenses
• Investment decision
• Path to your first million dollar

Exercise: 'Develop your personal financial plan to be a millionaire by the time you turn 25 years.'