ECOM6023A - E-financial services

Summer Semester, 2022-23

Professor
Juergen H. Rahmel
Teaching assistant
Fung Anthony Lam
Syllabus This course provides students with the fundamentals of financial services in the context of e-Commerce and mobile devices.  Payment systems in general and various payment transaction systems in particular will be examined.  Similarly, eFinance has brought new concepts into e-Brokerage, e-Insurance, e-Lending and other fields.  The course covers technology, operations, customer experience as well as demonstrates how regulations and security aspects are impacted by developments like Bitcoin and Blockchain.  Studies of established banks as well as new FinTech Players serve as examples and reinforcements for many of the concepts. 
Learning Outcomes
Course Learning Outcomes Relevant Programme Learning Outcome
CLO1. Ability to understand eFinancial Services in the context of classic Banking Products and Services enhanced by the features and opportunities of digital processing and communications PLO. 4, 5, 6, 7
CLO2. Ability to use a knowledge framework to assess the business value and risks of current and future eFinancial products PLO. 6, 7, 8, 11, 14
CLO3. Ability to discuss related topics and present ideas within a group; ability to lead and promote investigations beyond the lecture materials PLO. 1, 2, 3, 9
CLO4. Understand regulatory, risk, compliance and security aspects in eFinancial Services PLO. 12, 13, 16
View Programme Learning Outcomes
Enrolment counselling
  1. This course will suit you if you work in a bank, insurance, share trading, and wealth management, because it will give you a thorough overview and specific knowledge on e-financial services, the creation and delivery of e-financial products as well as the markets and market participants for such products.
  2. The course will also provide insights into the aspects of security in electronic services, the opportunities for companies to work with customer data and the revolutionary products made possible by using electronic means on bank and customer side.
  3. There are no pre-requisites to this course, but it will be helpful if you have studied "ECOM6016 Electronic payment systems".
  4. Sample of past assignment can be found here.
Topics covered
Course Content No. of Hours Course Learning Outcomes
1. Terms, scope, environments 3.0 CLO1
2. eFinancial Products and Services – Payments 3.0 CLO1, CLO3
3. eFinancial Products and Services – Brokerage and Mortgage 3.0 CLO1, CLO3
4. eFinancial Products and Services – Insurance and Wealth Management 3.0 CLO1, CLO3
5. Risk, Regulations and Compliance in eFinance 3.0 CLO2, CLO4
6. Security in eFinance 3.0 CLO2, CLO4
7. Evolution vs Revolution in eFinance – Blockchain and DLT 3.0 CLO1, CLO2, CLO3, CLO4
8. Evolution vs Revolution in eFinance – Tokenized Assets 3.0 CLO1, CLO2, CLO3, CLO4
9. Evolution vs Revolution in eFinance – Artificial Intelligence 3.0 CLO1, CLO2, CLO3, CLO4
10. Evolution vs Revolution in eFinance – Biometrics / IoT 3.0 CLO1, CLO2, CLO3, CLO4
 
Assessment
Description Type Weighting * Tentative Assessment Period /
Examination Period ^		 Course Learning Outcomes
Assignment Continuous Assessment 40% - CLO1, CLO2, CLO3, CLO4
Written examination covering all the taught contents in the course. Written Examination 60% 7 - 19 Aug 2023 CLO1, CLO2, CLO4
* The weighting of coursework and examination marks is subject to approval
^ The exact examination date uses to be released when all enrolments are confirmed after add/drop period by the Examinations Office.  Students are obliged to follow the examination schedule.  Students should NOT enrol in the course if they are not certain that they will be in Hong Kong during the examination period.  Absent from examination may result in failure in the course. There is no supplementary examination for all MSc curriculums in the Faculty of Engineering.
Course materials

TBC
Session dates
Date Time Venue Remark
Session 1 28 May 2023 (Sun) 10:00am - 1:00pm CYP-P3 Face-to-face
Session 2 30 May 2023 (Tue) 7:00pm - 10:00pm CYP-P3 Face-to-face
Session 3 9 Jun 2023 (Fri) 7:00pm - 10:00pm CYP-P3 Face-to-face
Session 4 11 Jun 2023 (Sun) 10:00am - 1:00pm CYP-P3 Face-to-face
Session 5 13 Jun 2023 (Tue) 7:00pm - 10:00pm CYP-P3 Face-to-face
Session 6 18 Jun 2023 (Sun) 10:00am - 1:00pm CYP-P3 Face-to-face
Session 7 18 Jun 2023 (Sun) 2:00pm - 5:00pm CYP-P3 Face-to-face
Session 8 20 Jun 2023 (Tue) 7:00pm - 10:00pm CYP-P3 Face-to-face
Session 9 25 Jun 2023 (Sun) 10:00am - 1:00pm CYP-P3 Face-to-face
Session 10 25 Jun 2023 (Sun) 2:00pm - 5:00pm CYP-P3 Face-to-face
CYP - Chong Yuet Ming Building
Add/drop 27 May, 2023 - 30 May, 2023
Maximum class size 80
Moodle course website
  • HKU Moodle: https://moodle.hku.hk/course/view.php?id=103805 (Login using your HKU Portal UID and PIN)

    - Please note that the professor maintains and controls when to release the Moodle teaching website to students.
    - Enrolled students should visit the Moodle teaching website regularly for latest announcements, course materials, assignment submission, discussion forum, etc.
Back