Oxford Saïd’s inaugural digital open-enrolment programme will be a hard act to follow
The financial services industry is rapidly changing. Over the last few years, a number of fintech (financial technology) companies have disrupted the sector and caused traditional finance companies to rethink long-standing business models.
The scale of the challenge these established businesses face is underlined by a global survey of more than 1,000 financial executives undertaken by PwC in 2017. It found that more than 80% of financial institutions believe their business is at risk to innovators. As a result, 50% of these institutions have put disruption at the heart of their strategy, and 82% expect to increase fintech partnerships in the next three to five years.
Responding to these challenges, Oxford Saïd launched a new digital open-enrolment programme on financial technology and innovation, in collaboration with global leader in education technology GetSmarter, last year.
The Oxford Fintech Programme – a hands-on, ten-week experiential online course that sits within Oxford Saïd’s Executive Education programme portfolio – attracted more than 4,000 participants from around 115 different countries globally. It was overseen by two leading authorities on fintech: Nir Vulkan, Associate Professor of Business Economics at Oxford Saïd, and David Shrier, business author, CEO of Distilled Analytics, and Associate Fellow at the School. ‘What makes us [the online programme] different is our attempt to marry the research we do here at both the School and University level, with unmet market opportunity and demand,’ explains Bradford Peaston, Business Development Manager at Oxford Saïd.