Module Identifier AC32820  
Module Title FINANCIAL MARKETS AND INSTITUTIONS  
Academic Year 2007/2008  
Co-ordinator Professor Owain M Ap Gwilym  
Semester Semester 1  
Pre-Requisite AC10710  
Course delivery Lecture   20 Hours.  
  Seminars / Tutorials   5 Hours.  
Assessment
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  80%
Semester Assessment 2,000 word essay20%
Supplementary Exam2 Hours  100%

Learning outcomes

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




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

1.   Introduction to financial markets.
2.   Functions and mechanics of major financial markets.
3.   Principles of banking and financial intermediation.
4.   Risk and regulation in banking.
5.   Balance sheet management and securitisation.

Reading Lists

Books
** Recommended Text
Buckle, M. J. (c2004.) The UK financial system :theory and practice /Mike Buckle and John Thompson. 4th ed.. Manchester University Press 0719067723
** Supplementary Text
Blake, David (2000.) Financial market analysis /David Blake. 2nd ed.. Wiley 9780471877288
Howells, P and K Bain (2007) Financial Markets and Institutions 5th edition. FT Prentice Hall
Rutterford, Janette (June 2007) An Introduction to Stock Exchange Investment 3rd ed.,Revised. Palgrave Macmillan 9780333778029
Valdez, Stephen (Dec. 2006) An Introduction to Global Financial Markets 5th ed.,Revised. Palgrave Macmillan 9780230006355

Notes

This module is at CQFW Level 6