Rotman School of Management at the University of Toronto
University of Toronto FinTech: Future of Payments Course
Toronto, Canada
Course
DURATION
6 weeks
LANGUAGES
English
PACE
Part time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
USD 1,988
STUDY FORMAT
Distance Learning
Key Summary
About: Prepare for financial transformation with the Rotman School certificate at the University of Toronto, covering open banking, blockchain, central bank digital currency, international payments law, PayTech solutions, payment infrastructure, financial inclusion, and unmet customer payment needs. Assessment is continuous through practical online assignments; certificate issued in your legal name on meeting handbook requirements.
Career Outcomes: Expect roles in payments and fintech such as payments analyst, fintech product manager, payment compliance officer, blockchain payments specialist, open banking strategist, or digital currency consultant; move into payment operations, risk and compliance, product development, consulting, or business development with banks, fintechs, regulators and startups.
Prepare for financial transformation with in-depth insight into global payment innovations and open banking initiatives, and the impact they have on business opportunities.
Over the last decade, the world has seen a transformation in economic life due to numerous innovations in the payments sector. With a move toward blockchain technology, finance enthusiasts are working to develop platforms that function independently of traditional financial institutions or governments. Additionally, governments are preparing to issue digital money and develop new, alternative payment infrastructures.
The FinTech: Future of Payments online program from the Rotman School of Management at the University of Toronto examines some of the most prominent innovations in FinTech today. Over six weeks, you’ll unpack the risks, opportunities, business applications, and legal challenges within the payment space. You’ll gain a better understanding of the past, present, and future of payments, and learn how to help your institution thrive in this changing landscape.
Explore the practicalities and laws surrounding international payments to broaden your understanding of the flow of money within a global society. You’ll also learn more about the customer needs surrounding payments that are left unsatisfied by traditional banking solutions, and discover how PayTech innovations are addressing these needs to overcome existing challenges and financial exclusion.
About the certificate
Explore innovations within the payment ecosystem and earn an official certificate of professional achievement from the Rotman School of Management at the University of Toronto.
Assessment is continuous and based on a series of practical assignments completed online. In order to be issued a certificate, you’ll need to meet the requirements outlined in the program handbook. The handbook will be made available to you as soon as you begin the program.
Your certificate will be issued in your legal name and sent to you upon successful completion of the program, as per the stipulated requirements.
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Over the duration of this online program, you’ll work through the following modules:
- Module 1: The evolution of payments
Explore the evolution of payments over time and the impact it had on the world economy. - Module 2: SWIFT, scandals, and international payment laws
Discover the role of, and legalities around, payments in the international context. - Module 3: Customer needs and PayTech innovation
Discover the importance of customer needs and how paytech innovation addresses these needs and overcomes frictions. - Module 4: Payment innovations: An infrastructure perspective
Discover the most prominent international advances in open payments and open banking, and the impact this has on business opportunities and commercial value creation. - Module 5: Blockchain technology and decentralized finance
Learn about the technicalities associated with blockchain technology and the implications of decentralized finance. - Module 6: The future of FinTech: Open financial infrastructures
Explore the future of fintech and possible payment innovations to identify a business opportunity.
Please note that module titles and their contents are subject to change during program development.
Get course brochure
You’ll walk away with:
- Valuable insight into the past, present, and future of payments to stay up to date with potential changes in the financial landscape.
- The tools to develop customer-centric payment solutions that alleviate banking access challenges faced by individuals and organizations.
- A process for formulating a business model that uses open banking initiatives.
- The ability to analyze blockchain technology and decentralized finance features, risks, and opportunities.
This Rotman program is eligible for financial support
The Ontario Student Assistance Program (OSAP) funding initiative is designed to help learners access sought-after skills and development opportunities through government-funded loans and grants. Financial assistance is available to Canadian citizens and applies to this Rotman Executive program.
Is this program for you?
This program will provide business decision-makers and senior management with an in-depth understanding of FinTech innovations within the payment ecosystem. Those in finance, banking, and other related sectors will learn how to better respond to the disruptions and opportunities new FinTech presents. This program is designed to provide those in management and leadership positions with the skills to make effective FinTech and PayTech decisions. Any professionals interested in FinTech innovations will gain key insights into the current state of payments and how it has evolved over time.