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Deepening School-Bank Cooperation: Undergraduate Practical Course by the School of Finance in Collaboration with Industrial and Commercial Bank of China

time:2024-06-08

On May 25 and June 1, the undergraduate course "Application of ABCD Technology in the Financial Industry" at the School of Finance, Renmin University of China, was successfully conducted. This course emerged from the comprehensive strategic cooperation agreement between Renmin University of China and Industrial and Commercial Bank of China, aiming to implement the spirit of General Secretary Xi Jinping's important speech and deepen collaboration in financial innovation, integration of production, education and research, talent cultivation, and joint party building. In response to the strategic cooperation agreement's call to "promote school-bank co-construction, strengthen school-bank sharing, deepen school-bank co-research, and create a new model for financial empowerment in higher education development," the course "Application of ABCD Technology in the Financial Industry" was introduced.

The course covers four core technologies: Artificial Intelligence, Blockchain, Cloud Computing, and Big Data, aiming to enhance students' professional knowledge and practical skills in the field of fintech. Professors Gao Haoyu and Yin Yijin organized the course, and students visited the business research and development center of Industrial and Commercial Bank of China to attend lectures given by senior fintech experts, engaging in in-depth learning and practical experience.

On the morning of May 25 at 9:00 am, the course officially kicked off with a lecture on "Application of Big Data Technology in the Financial Field" by Senior Fintech Manager Qian Xiaomeng. She elaborated on the development trends of the digital economy, emphasized the importance of big data as a new type of production factor, and showcased specific application scenarios and significant value of big data technology in bank management through a series of business practice cases.

From 1:30 to 4:00 pm that afternoon, Senior Fintech Manager Guo Xiaolei delivered a lecture on "Application of Blockchain Technology in the Financial Field." Guo Xiaolei first introduced the basic concepts of blockchain technology, summarized the applications of enterprise-level blockchain platforms, and shared typical cases of Industrial and Commercial Bank of China in various fields. He emphasized that blockchain technology can not only improve transparency and security of transactions but also significantly reduce operating costs and enhance efficiency.

From 4:00 to 4:30 pm, Senior Fintech Manager Li Ce hosted a focused exchange session. Through discussion and exchange, students further deepened their understanding of the application of big data and AI technologies in finance. Li Ce encouraged students to ask questions and engage in in-depth discussions with the experts.

On the morning of June 1 at 9:00 am, Senior Fintech Manager Li Ce hosted a course on "Application of Artificial Intelligence Technology in the Financial Field." Li Ce detailed the extensive application of AI technology in the financial field, particularly the practical application of machine learning in customer service, precision marketing, anti-fraud, and risk prevention and control.

From 1:30 to 4:00 pm that afternoon, Senior Fintech Managers Hu Ping and Liu Chunyu conducted a course on "Application of Cloud Computing Technology in the Financial Field." The two experts deeply explained the core technologies of cloud computing and their application scenarios, and introduced the architecture and practical application of the cloud computing platform of Industrial and Commercial Bank of China.

Finally, from 4:00 to 4:30 pm, students visited the innovation experience center of Industrial and Commercial Bank of China. Through the on-site visit, students gained a more intuitive understanding of the latest achievements in fintech innovation by Industrial and Commercial Bank of China. The experience center showcased various cutting-edge technology applications, including digital employees, intelligent early warning robots, and agricultural satellite remote sensing technology. Students not only saw these technologies' practical application scenarios but also experienced the efficiency improvements brought by these technologies firsthand. During the visit, students actively asked questions and had in-depth exchanges with on-site staff, further deepening their understanding of fintech.

The "Application of ABCD Technology in the Financial Industry" course not only had a compact schedule and rich content but also provided undergraduate students with a rare learning opportunity with its foresight and practicality. Through systematic lectures and in-depth field investigations, students not only mastered cutting-edge knowledge of fintech but also improved their application and innovation capabilities through learning and practice. This teaching model, combining theory with practice, not only provided strong support for students' career development but also made a positive exploration for cultivating talents with practical experience and innovation ability in China's fintech industry. The successful conduct of this course demonstrated the potential of school-bank cooperation and provided valuable reference and practice for the integration of fintech and higher education.