Introduction to Financial Market and Financial Technology

The changing of millennials’ lifestyle has driven Financial Technology to be massively adopted. Therefore, traditional transaction is shifted to technology adoption. Along with the Indonesian government goals to create cashless society, mobile payments are widely used and create inclusive finance. However, the index of financial inclusion in Indonesia are still far-off to achieve 90% as targeted by Indonesian President, Mr. Joko Widodo. Therefore, it is interesting to understand how mobile payment may impact on the financial inclusion. We focused on the characteristics of mobile payment, along with financial literacy, as the determinants of financial inclusion.

In this course, the student will have broader practical knowledge on how mobile payment could create inclusive finance, especially on the millennials’ point of view because it is prepared based on research survey. To have a better understanding, the course is divided into two main parts, which are theory (fundamental knowledge of variables used) and research practice (conducted financial inclusion research).

The students could accomplish this course in ±45 minutes and required to answer the quiz as the assessment of this course. Once the students complete this course, they will be able to understand how important the function of financial technology and financial literacy in promoting financial inclusion. Knowledge about conducting research will also be acquired by the students.