|Prerequisites for Module|
None in addition to SCQF11 entry requirement or equivalent.
Aims of Module
To provide students with the knowledge and skills to analyse the nature and structure of financial institutions and markets and to critically evaluate the role of each in companies’ financial operations.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
||Analyse the structure and functions of money, capital, currency and derivatives Markets;|
||Analyse the structure and functions of banks and non-bank financial institutions;|
||Critically evaluate the functions of financial markets & institutions in the context of companies’ financial decision-making.|
||Assess the impact of EMU and the development of the Euro.|
Indicative Module Content
An Overview of the UK Financial System; Monetary Thoery and Practice; Banking Sector; Non Bank Sector; Money & Parallel Markets; Equity & Bond Markets; Foreign Exchange and Eurocurrency Markets; Futures & Opinions Markets; Swap Market; Central Banking and Monetary Policy; Regulation of Financial System; Reading the Financial Press; EMU & Euro.
Indicative Student Workload
|Full Time||Part Time|
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|Private study||74||74||Mode of Delivery|
The module will be delivered by formal lectures and tutorials.
||Learning Outcomes Assessed|
|Component 1 ||1,2,3,4|
|Component 2 ||2|
|Component 3 ||1,3,4|
Component1: Tutorial Presentation/Participation
Component2: Mid-Semester Class Test
Component3: Final Exam
|1.||BLAKE,D. (1999) Financial market analysis. 2nd Edition. Chichester: Wiley.|
|2.||HOWELLS, P. and BAIN, K. (2007) Financial Markets and Institutions. 5th Edition. Harlow: Financial Times-Prentice Hall.|
|3.||HOWELLS, P. and BAIN, K. (2008) The Economics of Money, Banking and Finance. 4th Edition. Harlow: Financial Times-Prentice Hall.|
|4.||PIESSE, J., PEASNELL,K. and WARD, C.(1995) British Financial Markets and Institutions: an International Perspective. 2nd Edition. London: Prentice Hall.|
|5.||PILBEAM, K. (2010) Finance and Financial Markets. 3rd Edition. Basingstoke: Palgrave Macmillan.|