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University of Economics, Prague Faculty of Business Administration

Master's Thesis Evaluation by the Supervisor

Title of the Master´s Thesis:

Author of the Master´s Thesis:

Goals of the Master´s Thesis:

Criteria (each max 10 points) Points awarded

1. The goals of the thesis are evident and accomplished 9

2. Demands on the acquisition of additional knowledge or skills 9

3. Adequacy and the way of the methods used 9

4. Depth and relevance of the analysis in relation to goals 8

5. Making use of literature/other resources, citing 8

6. The thesis is a well-organised logical whole 8

7. Linguistic and terminological level 8

8. Formal layout and requirements, extent 7

9. Originality, i.e. it is produced by the student 10

10. Practical/theoretical relevance/applicability 8

Total score in points (max 100) 84

Final grading velmi dobře (2)

Overall evaluation (cca 150 words):

The name of the supervisor:

The employer of the supervisor:

10 June 2021

Signature of the supervisor

Designing a Fintech Strat-up (MONBOW) in Contemporary Iraq BSACC. Mohammed Omid Ghareeb

Ing. Tomas Ryska, Ph.D.

KSG, FPH, VŠE

The thesis aims to develop a business project in the financial service in Iraq. In the first part of this thesis the author analyzes theoretical aspects of financial technologies and the financial industry. The practical part of the thesis focuses on a business plan for a startup in the Iraq’s market. The thesis is based on an intensive research based on a secondary data as well as on a field research in Iraq. The fact the author is fluent in the local language and is familiar with the cultural background allowed for insights a western researcher would hardly produce. However, despite much effort the author faced a number of research obstacles as the local financial institutions denied to provide him with some of the requested data. Nevertheless, despite some imperfections mainly on the linguistic,

terminological and formal level the thesis meets the requirements on the standard quality of academic text.

Question:

A fintech project requires a sufficient technological infrastructure. It also requires customers’ understanding of new technologies and their ability to purchase and use those. Is the infrastructure in the contemporary Iraq ready for such a project? What is the fintech literacy in Iraq? Are there any cultural/social barriers related to fintech sector?

E V A L U A T I O N O F T H E B A C H E L O R´S T H E S I S

Development of a fintech business project.

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