A new online course hope to stop the loss of banking jobs that are under threat from FinTech solutions. Some financial industry experts have expressed that they believe that between 2 million and 6 million banking jobs will be lost over the next ten years due to FinTech solutions using Artificial Intelligence (AI) and the blockchain.
Said Business School, University of Oxford have announced the launch of a new digital open enrolment programme on FinTech and innovation - the Oxford Fintech Programme. The programme is developed in partnership with South African EduTech company GetSmarter and it aims to help financial industry executives to both launch new FinTech ventures and harness new technology to build better financial services firms.
'We are honoured and proud to be working with Said Business School, University of Oxford, one of the world's oldest and most respected institutions, on this dynamic, new online Fintech open programme. Students will learn from internationally-recognised Said faculty, who bring hands-on industry experience and expertise to the curriculum and programme development, while utilising our Online Campus - a user-friendly, collaborative, people-mediated approach to online learning design," said Rob Paddock, Chief Academic Officer and Co-Founder at GetSmarter, speaking on the partnership.
The programme examines current and emerging technologies around money and payments, markets and consumer experience, and explores key ideas, principles, and frameworks around regtech, proptech and social inclusion. It also covers topics ranging from the blockchain and Artificial Intelligence (AI) to crowdfunding and quantum computing.
Paddock added that this was further validation of their company's technology that ensures students get the same quality of education online as they would in person.
'Technology and the mobile revolution are rapidly transforming financial markets, institutions, and business models. Drawing upon the expertise of leading academics and practitioners from Said Business School, our new digital Fintech programme, supported by GetSmarter, will provide entrepreneurs and executives with the insights and knowledge necessary to navigate this changing landscape, and adapt and progress in their careers,' said Peter Tufano, Peter Moores Dean and Professor of Finance at Said Business School.
The programme will begin on 9th October, 2017, and run for 10 weeks in total.