AlmaU and The University of Hong Kong (HKU) via its HKU-Standard Chartered Foundation FinTech Academy, LiteLab@HKU and Faculty of Law have successfully implemented an international project with support of the Tech Hub AIFC aimed at creating a Russian-language version of the HKU online course “Introduction to Fintech” hosted on the EdX platform.
“Introduction to Fintech” is one of the most in-demand global courses with over 100,000 learners from 208 countries. The six modules cover topics such as the basics of "FinTech" and "RegTech", peculiarities of electronic money circulation, blockchain technologies, smart regulation, artificial intelligence in finance, the financial ecosystem, the activities of financial organizations and startups. As part of the course, leading practitioners, experts, researchers, and academics provide trainees with an opportunity to learn about historical milestones and cutting-edge advances in financial technology,” - said Douglas Arner, Kerry Holdings Professor of Law at University of Hong Kong. Professor Arner leads the HKU FinTech team that also offers Professional Certificate in FinTech hosted on the edX platform.
“In transforming the financial sector, fintech legitimately transforms our daily life. Financial technologies significantly reduce the "costs" of financial institutions at the expense of gradual automation of many processes, especially by reducing the cost of financial services provided. Significantly increases the speed of service and their customer orientation. So, properly disposing of a large array of data, fintech companies are able to pick up financial products personally for each client. Therefore, it is important to introduce the necessary skills to young professionals starting from undergraduate degrees, " - noted the Deputy Chairman of the Board of Tech hub MFCA Bekzhan Mutanov
"AlmaU participation in this project has made it possible to create new areas of growth, exchange experience and knowledge in such promising and relevant areas as FinTech and RegTech. We believe that the presented Russian version will increase the course availability for the Russian-speaking learners from the Eurasian region, especially from the academiaSpecialists and experts from the AlmaU International Cooperation Department and the AlmaU School of Engineering Management took part in the implementation of this project. The course "Introduction to FinTech" is integrated into the educational process to prepare specialists in the interdisciplinary approach of IT and Finance within AlmaU programs." - said Rector of AlmaU Gulnara Kurenkeyeva.
It is important to note that AlmaU implements the educational trajectory "Financial Markets and FinTech" in the bachelor's degree program "Finance".
Fintech Lab has been operating in AlmaU since March 2019, which was initiated with the aim of training domestic specialists in information technology (blockchain, machine learning), finance, investment, and financial services, who are interested in improving their qualifications, supporting the consistent development of economic and financial science, as well as international research activities.
Within the professional business education, AlmaU is running the MBA "Financial Engineering" program, which has successfully passed the international certification by GARP (Global Association of Risk Professionals) and is the only MBA program in Kazakhstan with global accreditation AMBA.
Almaty Management University expresses its gratitude to the partners - Faculty of Law HKU and Tech Hub AIFC.
AlmaU Project coordinators:
The course is available via https://www.edx.org/course/introduction-to-fintech
* AlmaU, Almaty Management University – is the first private business university in the CIS, founded in 1988.
The Faculty of Law at the University of Hong Kong (HKU) traces its origins to 1969, when a Department of Law was established within the Faculty of Social Sciences. The law school at HKU was designed to increase the supply of lawyers, train lawyers in Hong Kong law rather than just English law and make formal legal education available without the need for students to go overseas. Always international in composition and outlook, the faculty now consists of over 70 full-time academic staff from 17 jurisdictions around the world and has some 2,300 students, many from outside Hong Kong. The faculty is an internationally recognized centre of research in various areas of law, including public law, comparative Chinese law, commercial and financial law, intellectual property and IT law, international economic law and medical ethics and law. The Faculty is a leading legal education provider in Hong Kong.
Tech Hub AIFC is a meeting point for global startups, entrepreneurs, investors, industry’s top experts and great talent pool.
Our role is to help develop a more diverse and knowledgeable fintech space in Kazakhstan and the region with a pipeline of opportunities for venture capital funds and financial institutions.
Course Introduction to Fintech - in this course, through a series of video lectures, case studies, and assessments you will explore the major areas of FinTech including, beginning with What is FinTech before turning to Money, Payment and Emerging Technologies, Digital Finance and Alternative Finance, FinTech Regulation and RegTech, Data and Security, and the Future of Data Driven Finance, as well as, the core technologies driving FinTech including Blockchain, AI and Big Data. These will set the stage for understanding the FinTech landscape and ecosystem and grappling with the potential direction of future change.