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Disrupting Finance with Digital Technologies

EIT Digital Master School
2 weeks
Summer / Short course
Scholarships available
Madrid
English

Program description

Disrupting Finance with Digital Technologies

The financial sector has recently undergone many advances, which has had an immense influence on both consumers and regulations. To cope with consistently low-interest rates, low credit growth, and ever-growing retail competition from FinTechs, banks, especially traditional ones, have to adjust their business models to guarantee profitability.

By the arrival of new algorithms, big data, Blockchain, peer-to-peer lending, smart contracts, and crowdsourcing, banks are doomed to confront rivalry from new types of intermediaries. On the other hand, Fintech was suffering from the absence of a reputable brand and a customer base, inadequate access to capital markets, and, last but not least, a lack of knowledge about customers in general.

As the COVID-19 pandemic has probably put us on the deepest global recession of our lifetime, disruption in the banking sector has long passed its experimental point. Moreover, it is precipitating the arrival of new digital alternatives that are more agile, resilient, and secure. These new technologies are also favoured by giving customized solutions to emerging problems like social distancing and governments' regulations.

The summer school will prepare anyone who wants to work or lead an initiative in the FinTech sector, taking an approach to the opportunities within the COVID-19 situation and the future projection of this industry. The program will also try to investigate the level at which FinTech and its repercussion in society harm the stability. Finally, the program aims to learn the latest developments and advances in the FinTech industry.

The summer school programme was designed with MADFINTECH as a co-organizer. MADFINTECH is the Madrid Capital’s fintech cluster made up of more than 150 fintech companies and bodies of banking and insurance, intending to become a benchmark for the sector at the national and international levels. MADFINTECH will also provide lecturers, cases, and mentors from the top European fintech industry.

Admission requirements

Each programme has a focus on business innovation and entrepreneurship, there is no need to have specific technical backgrounds or any coding knowledge to join our Summer School.

To qualify for admission, fulfil the admission requirements:

  1. Academic qualification - post-secondary education (bachelor’s degree, master’s degree, or doctoral degree). Undergraduate students still studying must have completed at least one academic year of their bachelor’s degree programme and have at least one year of work or internship experience.
  2. English language proficiency (English language proficiency test such as TOEFL or IELTS, successful completion of previous education in English, completion of ESL programme, completion of other English language courses, etc.).
  3. Submit a Curriculum Vitae
  4. Submit a copy of the photo page of the passport or ID

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Scholarships & funding

Several scholarship options are available. Please check the school's website for more information.

Tuition fees

  • Individuals: €1,650
  • Organisations**: €1,250

**Special tuition fees for organisations which register 5 or more participants. Please contact EIT Digital Summer School for invoicing details.

Contact school

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About this institute

EIT Digital Master School

EIT Digital Master School is a collaboration between the best technical universities in Europe, top European research institutes and leading business organisations. We aim to forge entrepreneurial talents in digital innovation through outstanding education. By joining the Master School, you...


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Contact info

EIT Digital Master School

Rue Guimard 7
1040 Brussels
Belgium

 Show phone number
https://masterschool.eitdigital.eu


Contact school

Want to know more about Disrupting Finance with Digital Technologies? Fill out the following form and we'll pass your details on to a representative from the school, who will respond to your enquiry.

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