Alternative Finance and Shadow Banking


Course Objective

In this course, students: ¶
- Learn the basic concepts of shadow banking¶
- Learn the basic concepts of alternative finance¶
- Learn how technological change affects the business model of bank-like
- Apply quantitative techniques to analyze credit risks

Course Content

Banks play a key role in the modern society and have come to dominate
financial markets. However, their reach is not universal and their
dominance not unchallenged. The story of microfinance shows that
traditional banking business models are inadequate when lending to the
poor. More recently, the advent of the FinTech industry has hit at the
core business of large banks through its disruptive combination of
online platforms, big data and crowdfunding. These forces combined with
increased scrutiny and regulation have led to the birth of the shadow
banking system, where traditional bank functions are now performed by
new types of intermediary. This course will build upon the content of
the Bachelor course Financial Markets and Institutions with a focus on
the rapidly changing modern banking industry. You will understand the
limitations of the traditional banking model and how alternative lending
practices and new technologies are reshaping financial markets. Using
the quantitative tools learned in previous course the you will analyze
the credit risk of peer-to-peer loans.

Teaching Methods

Lectures and tutorials

Method of Assessment

Written exam and assignments.

General Information

Course Code E_FIN_AFSB
Credits 6 EC
Period P2
Course Level 400
Language of Tuition English
Faculty School of Business and Economics
Course Coordinator X. Zhang
Examiner X. Zhang
Teaching Staff

Practical Information

You need to register for this course yourself

Last-minute registration is available for this course.

Teaching Methods Study Group, Lecture
Target audiences

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