There are no pre-requisites for this module to be added

Financial system: functions, structure, intermediaries and globalisationInterest rates: theory, determinants of supply and demand, equilibrium rates, policiesFinancial markets: money, bond, equity and derivative markets, integration, infrastructuresFinancial Institutions: insurance, savings, investment, asymmetric information, moral hazard interestModern Banks: organisational structure, activities, risks, regulation, failures, competitive issues

Upon completion of this module you will be able to

LO1: Critically analyse the roles and functions of organised financial markets and financial intermediaries.

LO2: Discuss implications regulation and government intervention in financial markets.

LO3: Compare and contrast the major theories of determining the general level of interest rate.

LO4: Discuss the reasons for diversification in the financial institutions industry and evaluate different banking structures.

LO5: Compare the main approaches to the management of risk by banks and other financial institutions and the scope and necessity for regulation of the financial systems, nationally and internationally.

LO6: Critically analyse the processes of innovation and globalisation in the financial system and consider their implications to the banking industry and analyse the determinants for the failure of bank and their influence on the financial crisis.