| Module Code: |
H9EIFT |
|
Long Title
|
Entrepreneurships and Innovation in FinTech
|
|
Title
|
Entrepreneurships and Innovation in FinTech
|
| Module Level: |
LEVEL 9 |
| EQF Level: |
7 |
| EHEA Level: |
Second Cycle |
| Module Coordinator: |
Rohit Verma |
| Module Author: |
Andrea Del Campo Dugova |
| Departments: |
School of Computing
|
| Specifications of the qualifications and experience required of staff |
Lecturer PhD/Master’s degree in a computing or cognate discipline. May have industry experience also.
Tutor PhD/Master’s degree in a computing or cognate discipline. May have industry experience also.
|
| Learning Outcomes |
| On successful completion of this module the learner will be able to: |
| # |
Learning Outcome Description |
| LO1 |
Demonstrate the ability to research the FinTech landscape to spot real-world market opportunities by applying an analytical skillset for problem understanding stakeholder segmentation and competitor benchmarking |
| LO2 |
Design creative solutions and user experiences to address salient FinTech market needs and specific user requirements |
| LO3 |
Demonstrate the ability to set prototype specifications including its underlying technical architecture using relevant and up-to-date tools and technologies in the FinTech landscape |
| LO4 |
Design the business model of a start-up, product, process, or service including its pricing and commercialisation strategies aligned with frameworks commonly used by funding agencies and investors in Ireland and the UK |
| LO5 |
Contextualise and communicate the entrepreneurial mindset and problem-solving skillset needed to plan and manage a successful FinTech enterprise in the context of real-world best practices in FinTech. |
| Dependencies |
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
|
| No recommendations listed |
Co-requisite Modules
|
| No Co-requisite modules listed |
| Entry requirements |
Programme entry requirements must be satisfied.
|
Module Content & Assessment
| Indicative Content |
|
Defining Innovation Innovator mindset and skillset; introduction to methodologies
User-centric design
4 C’s and 21st Century skills
Contrast and comparison of the lean canvas and the business model canvas.
|
|
The Lean canvas Spotting opportunity
Lean canvas
Strategic sources of problems and opportunities
|
|
Customer Segmentation
Ethnographic research
User-centric analysis
Customer persona
Customer/user journey
Price sensitivity analysis
Ethical considerations of customer segmentation
|
|
Problem definition
Root cause analysis
Customer/problem fit
Urgency of pain points
Industry and trend analysis
|
|
Creative idea Generation
Idea generation tool
Problem/emerging technology matrix
VC investment trends and priorities
Industry forecast analysis
|
|
Solution
Feature design
Feature prioritisation
Emerging technology landscape
Solution benchmarking
|
|
Minimum Viable Product
Types of MVPs
Key validation goals
MVP hypothesis design
|
|
Business Model
Business Model Archetypes
Assessing financial viability and attractiveness
Competitor benchmarking
|
|
Revenue streams and pricing Cost structure
Types of revenue streams
Transaction vs. recurring sales
Value-based pricing approach
Flat-rate, usage-based, tiered pricing
Fixed vs. variable costs
Direct and indirect operating costs
|
|
Channels
Product/market fit
Commercialisation strategies
Channel cost-efficiency
|
|
Raising venture capital
Angel investment criteria
Venture capital investment expectations
|
|
Final Presentations
Dragon Dens type format
|
| Assessment Breakdown | % |
|---|
| Coursework | 100.00% |
AssessmentsFull Time
| Coursework |
| Assessment Type: |
Formative Assessment |
% of total: |
Non-Marked |
| Assessment Date: |
n/a |
Outcome addressed: |
1,2,3,4,5 |
| Non-Marked: |
Yes |
Assessment Description:
Formative assessment will be provided on the in-class individual or group activities. Feedback will be provided in written or oral format, or on-line through Moodle. In addition, in class discussions will be undertaken as part of the practical approach to learning. |
|
| Assessment Type: |
Project |
% of total: |
100 |
| Assessment Date: |
n/a |
Outcome addressed: |
1,2,3,4,5 |
| Non-Marked: |
No |
Assessment Description:
Final FinTech project |
|
| No End of Module Assessment |
| Reassessment Requirement |
Coursework Only
This module is reassessed solely on the basis of re-submitted coursework. There is no repeat written examination.
|
Reassessment Description
The repeat strategy for this module is by a project that covers all learning outcomes.
|
NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
| Module Target Workload Hours 0 Hours |
| Workload: Full Time |
| Workload Type |
Workload Description |
Hours |
Frequency |
Average Weekly Learner Workload |
| Lecture |
Classroom and demonstrations |
24 |
Per Semester |
2.00 |
| Tutorial |
Mentoring and small-group tutoring |
12 |
Per Semester |
1.00 |
| Independent Learning |
Independent learning |
89 |
Per Semester |
7.42 |
| Total Weekly Contact Hours |
3.00 |
| Workload: Blended |
| Workload Type |
Workload Description |
Hours |
Frequency |
Average Weekly Learner Workload |
| Lecture |
Classroom and demonstrations |
12 |
Per Semester |
1.00 |
| Tutorial |
Mentoring and small-group tutoring |
12 |
Per Semester |
1.00 |
| Directed Learning |
Directed e-learning |
12 |
Per Semester |
1.00 |
| Independent Learning |
Independent learning |
89 |
Per Semester |
7.42 |
| Total Weekly Contact Hours |
3.00 |
| Workload: Part Time |
| Workload Type |
Workload Description |
Hours |
Frequency |
Average Weekly Learner Workload |
| Lecture |
Classroom and demonstrations |
24 |
Per Semester |
2.00 |
| Tutorial |
Mentoring and small-group tutoring |
12 |
Per Semester |
1.00 |
| Independent Learning Time |
Independent learning |
89 |
Per Semester |
7.42 |
| Total Weekly Contact Hours |
3.00 |
Module Resources
| Recommended Book Resources |
|---|
-
Ries, E... (2019), The lean start-up: How constant innovation creates radically successful businesses.,, Penguin Business., London.
-
Pedersen, N... (2021), Financial technology: Case studies in FinTech innovation.,,, 1st Ed. Kogan Page..
| | Supplementary Book Resources |
|---|
-
Bland, D. J., & Osterwalder, A... (2020), Testing business ideas: A Field Guide for Rapid Experimentation,, 1st Ed. Wiley.
-
Lewrick, M... (2018), The Design Thinking Playbook: Mindful Digital Transformation of Teams, Products, Services, Businesses and Ecosystems., John Wiley & Sons..
-
Rubini, A... (2020), FinTech founders: Inspiring tales from the entrepreneurs that are changing finance..
-
Savoia, A... (2019), The right it: Why so many ideas fail and how to make sure yours succeed...
-
Olsen, D... (2016), The lean product playbook: How to innovate with minimum viable products and rapid customer feedback...
-
Knapp, J.. (2021), Sprint: How to solve big problems and test new ideas in just five days..
-
Hisrich, R. D., & Kearney, C.. (2014), Managing innovation and entrepreneurship., Calif: SAG, Los Angeles,.
-
Arslanian, H., & Fischer, F... (2019), The future of finance: The impact of FinTech, AI, and crypto on financial services...
-
In Lynn, T., In Mooney, J. G., In Rosati, P., & In Cummins, M.. (2019), Disrupting finance: FinTech and strategy in the 21st century..
-
Del Rosal, V.. (2015), Disruption: Emerging technologies and the future of work...
| | This module does not have any article/paper resources |
|---|
| This module does not have any other resources |
|---|
|
