About this Course
4.5
68 ratings
7 reviews
Welcome to Innovation strategy: Developing your Fintech Strategy! As you probably know, this is the third course in a three-part specialization focused on the digital transformation of finance. In this course, we'll aim to bring you insights about how business strategy intersects with innovation in finance. I'm excited to have you in the class and look forward to helping you learn more about this important topic. To begin, I recommend taking a few minutes to explore the course site. A good place to start is the navigation bar on the left. Click Course Content to see what material we’ll cover each week, as well preview the assignments you’ll need to complete to pass the course. Click Discussions to see forums where you can discuss the course material with fellow students taking the class. Be sure to introduce yourself to everyone in the Meet and Greet forum! This course should take about four weeks to complete. You can check out the recommended course schedule below to see a quick overview of the lessons and assignments you’ll complete each week. By the time you finish this course, you’ll have understood the job your Fintech innovation strategy should solve and mastered both internal and external innovation tools to solve the problem. You will also have been exposed to how some of the world’s leading financial companies work with innovation and seen inspirational examples from the digital masters, such as Google, Apple and Amazon. You'll be introduced to the Capstone Project for the specialization and have a chance to form some preliminary solutions for a financial company that needs to re-think its Fintech innovation strategy. The course has a primary focus on the banking sector, with insurance as a secondary area of concern. Most examples are rooted in the North American and European financial markets. Good luck as you get started. I look forward to seeing you in class!...
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Beginner Level

Beginner Level

Clock

Approx. 14 hours to complete

Suggested: 4 hours/week...
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English

Subtitles: English...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Approx. 14 hours to complete

Suggested: 4 hours/week...
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
5 minutes to complete

Innovation Strategy: Developing your FinTech Strategy

Welcome to "Innovation strategy: Developing your Fintech strategy". I am excited to have you in the class and look forward to your contributions to the learning community. To help you understand how the course will be structured, we would suggest that you go to the 'Start Here' tab first. After that, feel free to explore the rest of the course including the lectures, readings and quizzes. We would also encourage you to interact with each other on the Discussion Forums. This is a great way of hearing from others and discussing particular topics. So please go and introduce yourself on the 'Introduce Yourself' thread. So let’s get started!...
Reading
1 video (Total 5 min)
Clock
3 hours to complete

Competing on technological innovation

In this module, we focus on the problem that your FinTech strategy is supposed to solve. We start at the digital disintegration of finance and how this changed the industry dynamics to an innovation game. We conclude by identifying the new roles for competition in the digital financial marketplace, and how your FinTech strategy is essential to successfully compete in these positions. ...
Reading
8 videos (Total 49 min), 4 readings, 5 quizzes
Video8 videos
Pulverizing finance9m
Danske Bank: Changing market3m
The Disruption of Finance4m
Spotting Disruption8m
Danske Bank: The Digital Transformation of Finance6m
Need for Speed: Hypercompetition6m
Position your Fintech Strategy8m
Reading4 readings
PSD2 - Changing the face Banking in Europe - and in the US20m
Clayton Christensen on Disruptive Innovation8m
Richard D'Aveni on Unsustainable Advantage3m
The unbundling of finance10m
Quiz5 practice exercises
Recapture 115m
Recapture 28m
Recapture 36m
Recapture 48m
Module assessment30m
Week
2
Clock
3 hours to complete

Organizing for digital innovation

In this module, we are opening the strategic toolbox for FinTech innovation. We specifically address approaches to internal innovation, which includes focusing on both the organisational structures and more particularly on the setup of the IT department - the engine in our digital innovation process. ...
Reading
8 videos (Total 48 min), 6 readings, 5 quizzes
Video8 videos
Innovation struggles8m
Danske Bank: Barriers to innovation3m
Moonshot factories7m
Danske Bank: Bold innovation7m
All-speed IT8m
Danske Bank: Working differently2m
Follow the digital trace8m
Reading6 readings
Who killed Nokia?12m
Google: The unexpected benefit of celebrating failure16m
Danske Bank: A critical look at June10m
Gartner: The myths about Bimodal12m
More about DevOps7m
More about Kaizen10m
Quiz5 practice exercises
Recapture 512m
Recapture 612m
Recapture 78m
Recapture 86m
Module assessment30m
Week
3
Clock
3 hours to complete

Channeling the smarts of others

In this module, we focus on how companies in the financial service industries can source innovations from the external of the company. ...
Reading
7 videos (Total 35 min), 4 readings, 5 quizzes
Video7 videos
Tech acquisitions - The shortcut to innovation?8m
Danske Bank: Fintech acquisitions2m
Teaming up - The year of Fintech partnerships?5m
Danske Bank: Fintech partnerships3m
Accelerators - Cultivating your ecosystem7m
Hackathons - Seeding the innovation pipeline6m
Reading4 readings
Microsoft-Skype and the integration paradox10m
Deutsche Bank - Creating new opportunities through strategic alliance20m
Wells Fargo accelerator program10m
A practical guide to arranging hackathons15m
Quiz5 practice exercises
Recapture 94m
Recapture 1010m
Recapture 1115m
Recapture 1210m
Module assessment30m
Week
4
Clock
3 hours to complete

Capstone project

...
Reading
2 videos (Total 8 min), 3 readings, 1 quiz
Video2 videos
Danske Bank: Leveraging regulation6m
Reading3 readings
Capstone project assignment10m
Danske Bank: State of business10m
Danske Bank: How to capitalize on digital disruption?10m
4.5

Top Reviews

By RRMay 29th 2018

Excellent course.It gives capstone Project to do so.That's why it is definitely best one to improve our knowledge

Instructors

Jonas Hedman

Associate Professor
Department of Digitalization

Stefan Henningsson

Associate Professor
Department of Digitalization

About Copenhagen Business School

Centrally located in Copenhagen, the capital of Denmark, Copenhagen Business School (CBS) is one of the largest business schools in Europe with close to 23,000 students. CBS offers world-class research-based degree programs at undergraduate, graduate, and PhD levels as well as executive and other post experience programs. ...

About the Digital Transformation in Financial Services Specialization

This Specialization is intended for learners that have or wants to have a career in the digital financial industries. The Specialization explores the evolving world of finance, focusing on the changing dynamics caused by the conversion of products and services into digital goods, new customer demands and changing regulation to govern the competetive landscape - the digital transformation of finance. You’ll learn about concepts such as digital platforms and business ecosystems, be exposed to the emerging Fintech landscape and master a new toolbox for successfully competing on innovation in the digital era of finance. In the final Capstone Project, you’ll create and defend a holistic digital transformation strategy for a real world company. Throughout the course, the instructors will use state of art examples and share their own research from the European and North American finance industries, as well as expose practices from leading digital financial services and companies, such as MobilePay, Saxo Bank and PayPal. The main focus in the course is on the financial sector (in particular in North America and Europe), but the course also include material of relevance for the financial trading and insurance sectors and inspiration from Africa....
Digital Transformation in Financial Services

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.