Gwybodaeth Modiwlau

Module Identifier
AC32820
Module Title
FINANCIAL MARKETS AND INSTITUTIONS
Academic Year
2011/2012
Co-ordinator
Semester
Semester 1
Other Staff

Course Delivery

Delivery Type Delivery length / details
Lecture 20 Hours
Seminars / Tutorials 5 Hours
 

Assessment

Assessment Type Assessment length / details Proportion
Semester Exam 2 Hours   Unseen written examination  80%
Semester Assessment 2000 word essay  20%
Supplementary Exam 2 Hours   Unseen written examination  100%

Learning Outcomes

On successful completion of this module students should be able to:

* Discuss and evaluate the structure, operation and role of financial markets.

* Explain and evaluate the rationale for the existence of financial intermediaries.

* Discuss and evalute the risks faced by banks and how these risks are regulated.

* Analyse the importance of balance sheet management and capital adequacy within banks.

Aims

The primary rationale for this module is to support the progression from the fundamental concepts of financial management as introduced in AC10710 through to the more advanced aspects of corporate finance and investments addressed in AC30420 and AC30520. Further, a broader understanding of finance is achieved by studying the role of financial institutions and banking.

Content

  • Introduction to financial markets.
  • Functions and mechanics of major financial markets.
  • Principles of banking and financial intermediation.
  • Risk and regulation in banking.
  • Balance sheet management and securitisation.

Reading List

Recommended Text
Buckle, M. J. (c2004.) The UK financial system :theory and practice /Mike Buckle and John Thompson. 4th ed. Manchester University Press Primo search
Supplementary Text
Blake, David (2000.) Financial market analysis /David Blake. 2nd ed. Wiley Primo search Howells, P and K Bain (2007) Financial Markets and Institutions 5th edition FT Prentice Hall Primo search Rutterford, Janette (June 2007) An Introduction to Stock Exchange Investment 3rd ed.,Revised Palgrave Macmillan Primo search Valdez, Stephen (Dec. 2006) An Introduction to Global Financial Markets Earlier editions of these texts are also satisfactory 5th ed.,Revised Palgrave Macmillan Primo search

Notes

This module is at CQFW Level 6