Financial Literacy, Inclusion, and Technology (FNCE316)

You are here

Upcoming Events » Link Title To Display

FINANCAL LITERACY, INCLUSION, AND TECHNOLOGY (FNCE316)

FNCE316 is an SMU-X course designed to teach undergraduates the basic concepts underlying personal financial literacy and how to translate this classroom knowledge into practical solutions for real organizations at the forefront of financial innovation. This is the first module of its kind to be offered at a local university, and is taught by SKBI Director, Prof Dave Fernandez & SKBI Visiting Faculty, Prof Joanne Yoong.

 

COURSE BACKGROUND

Financial literacy is a critical aspect of building financial resilience across the life cycle. Globally, financial literacy has been redefined in the following ways: 

  • Recognize the need for finance to be more inclusive and sustainable
  • Introduction of new enablers also introduces new risks, particularly in the instance of financial technology (FinTech)
  • Access to new services: robo advisors, buy-now-pay-later
  • New products: sustainable or “green” investment funds)

 

LEARNING OBJECTIVES

  • Explain basic concepts underlying personal financial literacy and its changing nature in modern financial systems.
  • Evaluate the complex challenges posed by new FinTech products and new sustainability objectives.
  • Apply classroom learning to solve real-world problems in financial literacy/inclusion by framing challenges and envisioning solutions from a FinTech-based perspective.  
  • Design and test a FinTech-based financial product or strategy.  
  • Demonstrate principles of leadership, effective communication, and management in the context of a financial literacy/inclusion project with a FinTech focus.

 

HIGHLIGHTS FROM FNCE316, AY 2021/22 Term 2

One key aspect of the course is the student consultancy project. The project gives students the opportunity to learn how to solve complex business problems related to financial literacy, inclusion, and fintech, with guidance from the course faculty and project champion mentors (Endowus, Grab, MoneySense, Sea & SGX).

FNCE316 Group Shot

Group photo from the final class of FNCE316 held on 6 April 2022, with representatives from the 5 project champions in attendance. 

___ ___ ___ ___ ___

Click on the images below to find out more about each project. 

FNCE316 ENDOWUSFNCE316 GRABFNCE316 MONEYSENSEFNCE316 SEAFNCE316 SGX

 

SUBSCRIBE TO SKBI MAILING LIST*

Be alerted on SKBI news and forthcoming events.

*Please note that upon providing your consent to receive marketing communications from SMU SKBI, you may withdraw your consent, at any point in time, by sending your request to skbi_enquiries [at] smu.edu.sg (subject: Withdrawal%20consent%20to%20receive%20marketing%20communications%20from%20SMU) . Upon receipt of your withdrawal request, you will cease receiving any marketing communications from SMU SKBI, within 30 (thirty) days of such a request.