Prerequisites for Module
None in addition to the course entry requirements or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
Aims of Module
To allow the students to understand the nature and structure of the Financial Markets and Institutions and evaluate their role in the financial operations of companies.
Learning Outcomes for Module
On completion of this module, students are expected to be able to:
| 1. |
Analyse the structure and function of the Money, Capital, Currency and Derivatives Markets.
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| 2. |
Evaluate the structure and funtions of the Bank and Non Bank Financial Institutions.
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| 3. |
Analyse the functions of the Markets & Institutions in the context of the financial operations of companies.
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| 4. |
Assess the impact of EMU and the development of the Euro.
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Indicative Module Content
The module will cover the following topics: Overview of 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; Source of Information; Reading the Financial Press; Emu & Euro.
Indicative Student Workload
Contact Hours
| Full Time | Part Time | Distance Learning | Assessment
| 4 | 4 | 4 | Lectures/Tutorials/Workshops
| 36 | 36 | 0 | Online Activities
| 0 | 0 | 36 |
Directed Study
| | | | Directed study
| 36 | 36 | 36 |
Private Study
| | | | Private study
| 74 | 74 | 74 |
| Mode of Delivery
The module will be delivered by formal lectures, tutorials exercises and directed reading.
Assessment Plan
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Learning Outcomes Assessed
| | Component 1 | 1,2,3,4
| | Component 2 | 2,3
| | Component 3 | 1,2,3,4
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Tutorial Presentation/ Attendance (15%)
Mid-Semester Class Test (20%)
Final Exam (65%)
Indicative Bibliography
| 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.
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