Core Module Information
Module title: Financial Institutions, Markets and Services

SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: FIN08911
Module leader: Paul Langford
School The Business School
Subject area group: Accounting and Finance
Prerequisites

N/A

Description of module content:

The module covers a wide range of aspects of the financial services sector, from fundamentals to practice: what is money? How do central banks measure money? How do central bank policies affect borrowing and lending?
Regulation of financial intermediaries is an ever-present concern for firms in the sector, as is the development of technology, we will consider contemporary developments in both areas.
You will also analyse financial information – institution websites, industry reports, share information and price tracking, financial press reports and data in order to understand operations of the sector and in calculating yields and returns.

Learning Outcomes for module:

LO1: Develop an awareness of the rationale underlying financial institutions and markets, and appreciate the need for, and forms of regulation and control of the financial system
LO2: Discuss the roles of the various financial markets and types of financial instruments used in these markets
LO3: Review current models of retail financial services, including delivery and payments trends
LO4: Develop an awareness of, and skill in, basic quantitative skills appropriate to the financial sector
LO5: Describe the interaction between non financial firms (e.g. a retail firm using internationally traded commodities) and the financial sector

Full Details of Teaching and Assessment
2022/3, Trimester 1, FACE-TO-FACE,
VIEW FULL DETAILS
Occurrence: 002
Primary mode of delivery: FACE-TO-FACE
Location of delivery: HONG KONG
Partner:
Member of staff responsible for delivering module: Paul Langford
Module Organiser:


Learning, Teaching and Assessment (LTA) Approach:
Your ENU Module Leader supports the local delivery of lectures and tutorials. You will be able to access all the module materials, plus extra reading and example tests on Moodle, the virtual learning environment (LO1-5).

As the learning materials are on Moodle you can use accessibility tools and (to some extent) study at your own pace. Learning materials are based on contemporary understanding of the financial system such as that found in the research literature and in practitioner reporting (e.g. Central Bank policies, statements, statistics).

The knowledge and skills developed in the module are aligned to industry needs and you will find the global, yet locally interconnected nature of the financial system relevant to employment in the financial sector.

Increasing financial instruments are required to demonstrate positive Environmental, Social and Governance characteristics: you will consider the nature of financial instruments and the requirements of investors.


Formative Assessment:
There is no formal formative assessment however you will discuss the key aspects of the learning outcomes in tutorial sessions which will benefit your preparation for assessments, and you will be able to practice using example tests and assignments via Moodle.

Summative Assessment:
The initial assessment tests your knowledge of key principles and characteristics of financial markets and institutions and services (LO1,2,3) and your ability to use core quantitative techniques of the sector such as calculating returns on financial instruments (LO4)

The final assessment is concerned with the interactions of "real firms" with financial markets and institutions (LO1,2,3,5). You will choose an example firm to analyse (and will receive guidance on appropriate firms).

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 14
Face To Face Practical classes and workshops 27
Independent Learning Guided independent study 157
Face To Face CL_TST 2
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Class Test 40 LO1,2,3,4 9 HOURS= 02.00
Report 60 LO1,2,3,5 14/15 , WORDS= 1800
Component 1 subtotal: 40
Component 2 subtotal: 60
Module subtotal: 100

Indicative References and Reading List - URL:
Contact your module leader