Madrid, Spain

Disrupting Finance with Digital Technologies

when 18 July 2022 - 29 July 2022
language English
duration 2 weeks
credits 4 EC
fee EUR 1300

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.

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 future projection of this industry. The program will also try to investigate the level at which FinTech and its repercussion in society harm stability. Finally, the program aims to learn the latest developments and advances in the FinTech industry.

Target group

We welcome all qualified participants interested in digital innovation and entrepreneurship: Business professionals, bachelor’s degree students, master’s degree students, and doctoral students from any university and industry.

Course aim

There will be different courses, visiting startups, and pitching. The program will start by building different teams under the supervision of coaches and mentors. The companies that are participating in this program will present various case studies. The student will learn how to write a business plan for their cases. There will be pitching at the end of the program, and the best team will be awarded. The program will offer a start-kit before the summer school to make the process clear for the participant who is not familiar with the program.

The summer school will take place at the Madrid CLC. Accommodation will be provided in Madrid. During the weekend, there will be a trip to one of the most beautiful sites in Spain in order to see the fascinating Spanish history and enjoy traditional Spanish food.

Credits info

4 EC
Acceptance of transfer credit is always a decision of receiving institutions. Any student interested in transferring 4 ECTS credits to another college or university should check directly with the receiving institution.

Fee info

EUR 1300: Use 'EITsummer2022' discount code while submitting your application to benefit from the discounted tuition of 1300 EUR

Scholarships

Deferred Tuition Payment available