Module Code: H9ENFTCH
Long Title Entrepreneurship in FinTech
Title Entrepreneurship in FinTech
Module Level: LEVEL 9
EQF Level: 7
EHEA Level: Second Cycle
Credits: 5
Module Coordinator: Simon Caton
Module Author: Simon Caton
Departments: School of Computing
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Investigate the global FinTech ecosystem, including a differentiation of players, the problems they address, their technological solutions, their competitive advantages, as well as credit risk management approaches
LO2 Contextualise the entrepreneurial mindset and skillset needed to create and develop a successful FinTech enterprise in the context of accelerated technological and socio-economic change
LO3 Design the business model of a FinTech startup that addresses a relevant gap in the FinTech market, using a commonly accepted approach in the startup community (lean canvas)
LO4 Prepare and deliver a pitch aimed at raising capital with a methodology suitable for potential investors and agencies in Ireland and the UK
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  
 

Module Content & Assessment

Indicative Content
Assessment of the FinTech global ecosystem
• Comprehensively analyse current global business, socio-economic, and technology trends, including B2B, consumer trends, and emerging technology trends • Critically assess specific forces in the FinTech domain, business trends and key growth drivers • Perform Porter’s Five Forces Analysis on the global Fintech landscape to understand the competitive environment and industry financial attractiveness • Identify and categorise global and regional FinTech players and their value proposition, in areas including lending, personal finance, payments/billing, equity financing, remittances, retail investing, institutional investing, financial security, banking infrastructure, business tools, crowdfunding, consumer banking, financial research, money transfer, digital currency • Identify the problems that players currently address and the respective solutions currently being offered including the most relevant FinTech smartphone apps • Identify regulatory issues and requirements for doing business in the FinTech in the EU, including but not limited to data protection principles, trans-border data flows, and intellectual property
Business model creation with the Lean Canvas methodology
• Define customer pain point and methodologies used to identify business problems to solve • Identify gaps in the market: areas of opportunity that FinTech players are not addressing or are addressing inadequately • Generate solutions for the identified problem to solve, which may include app development and/or programming • Define and understand customer segments • Craft the unique value proposition • Identify channels to offer the FinTech solution • Clarify revenue models and streams • Review basic accounting and financial concepts • Outline the cost structure of the startup • Measure success using key metrics • Identify the key elements that lead to an unfair market advantage
Raising Capital
• Present the underlying logic and strategies used for raising capital, from sources including seed funding, angel investors, accelerators, and venture capital • Develop a pitch for raising capital • Draw from successful startups and their strategies for raising capital
Credit Risk Management
• Understand the banking industry’s accepted credit risk management principles • Apply credit risk management principles to a FinTech startup to minimise financial risk • Outline strategies to optimise the startup’s risk exposure within acceptable parameters • Outline the process to design and manage processes to control and collect payments from customers, to improve revenues and reduce financial risks
Assessment Breakdown%
Coursework100.00%

Assessments

Full Time

Coursework
Assessment Type: Continuous Assessment % of total: 25
Assessment Date: n/a Outcome addressed: 1,2,3,4
Non-Marked: No
Assessment Description:
Mid-term presentation: Business Model
Assessment Type: Continuous Assessment % of total: 25
Assessment Date: n/a Outcome addressed: 1,2,3,4
Non-Marked: No
Assessment Description:
Final presentation: pitch to investor panel
Assessment Type: Continuous Assessment % of total: 50
Assessment Date: n/a Outcome addressed: 1,2,3,4
Non-Marked: No
Assessment Description:
Business Model Report
No End of Module Assessment
No Workplace Assessment
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

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 No Description 24 Every Week 24.00
Tutorial No Description 12 Every Week 12.00
Independent Learning No Description 89 Every Week 89.00
Total Weekly Contact Hours 36.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 24 Every Week 24.00
Tutorial No Description 12 Every Week 12.00
Independent Learning Time No Description 89 Every Week 89.00
Total Weekly Contact Hours 36.00
 

Module Resources

Recommended Book Resources
  • Chishti, Susanne and Janos Barberis. The FINTECH Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries, Wiley, [ISBN: 111921887X].
  • Forum, World Economic. (2015), The Future of FinTech A Paradigm Shift in Small Business Finance.
  • Masters, Blake and Peter Thiel.. (2015), Zero to One Notes on Start-Ups, or How to Build the Future., Virgin Books, [ISBN: 0753555204.].
  • Ernst and Young.. (2014), Landscaping UK Fintech Commissioned by UK Trade & Investment..
  • Ash Maurya. Running Lean, O'Reilly Media, p.240, [ISBN: 1449305172.].
  • Clayton M. Christensen. Innovator's Dilemma, Harper Paperbacks, p.336, [ISBN: 0062060244].
Supplementary Book Resources
  • Grant, Adam. (2016), Originals: How Non-Conformists Move the World., Viking, [ISBN: 0525429565.].
  • Rosal, Victor del.. (2015), Disruption: Emerging Technologies and the Future of Work., CreateSpace Independent.
  • Romans, Andrew. (2013), The Entrepreneurial Bible to Venture Capital: Inside Secrets from the Leaders in the Startup Game, McGraw-Hill Education,, [ISBN: 0071830359.].
Recommended Article/Paper Resources
Other Resources
Discussion Note: