UCT launches new FinTech course

The University of Cape Town has launched a massive open online course examining the rise of FinTech companies, regulation and related technology.

The University of Cape Town (UCT) has launched a massive open online course examining the rise of FinTech companies, the technology that enabled them and the regulation needed in an emerging market environment. The four-week course is being offered on Coursera, an online learning platform, which has 33 million users.

The course is being taught by Dr Co-Pierre Georg, an associate professor at the African Institute of Financial Markets and Risk Management, who said that the course aligns with institute’s aims of equipping people with the necessary skills to make meaningful contributions to the financial industry.

Georg said:

“We asked ourselves how we could make FinTech inclusive, how this knowledge regarding a new area of industry can work for everyone – not just the early adopters. This is what drove us to develop the course. We want to provide education around the topic for South Africa and the world."

The nature of a massive open online course is to make education available to a broader audience, Georg added. Participants can study in their own time without having to travel to a university to attend lectures or write exams.

The African Institute of Financial Markets and Risk Management is a postgraduate teaching and research institute and is part of the Faculty of Commerce at UCT. It focuses on quantitative finance, risk management and financial technology offering three Master’s degrees and several online short courses directed at working professionals.

The online course is a collaborative effort between it and UCT’s Centre for Innovation in Learning and Teaching. The course is titled Financial Regulation in Emerging Markets and the Rise of FinTech Companies and is open to everyone, there are no entry requirements – just an interest in this exciting field. Financial aid is available to cover the cost of the course, UCT said.

“It will be of benefit to students, entrepreneurs, professionals in the financial services or fintech industries and anyone who wants to join the trailblazers and movers and shakers in the fintech revolution,” Georg said.