Module Database Search



MODULE DESCRIPTOR
Module Title
Financial Institutions and Markets
Reference BSM003 Version 9
Created December 2023 SCQF Level SCQF 11
Approved July 2019 SCQF Points 15
Amended March 2024 ECTS Points 7.5

Aims of Module
To develop understanding of the structure, functions and characteristics of the financial markets and institutions and the ability to critically evaluate their roles in the financial system.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Analyse the structure, functions and characteristics of money, capital, currency and derivatives markets.
2 Analyse the structure, functions and characteristics of banks and non-bank financial institutions.
3 Critically evaluate the roles of financial markets and institutions in channelling funds from lenders to borrowers.
4 Critically evaluate the functions of central banks and the impact of their monetary policy on economic growth and equality.

Indicative Module Content
Financial intermediation; market efficiency; sustainable economic growth; theories of money creation; banks and non-bank financial institutions; money markets; equity and bond markets; foreign exchange market; futures and opinions markets; central banks; monetary policies and wealth redistribution; financial regulation.

Module Delivery
On Campus Mode: The module is delivered by on campus lectures, interactive work and case study tutorials and directed self-study. Online Mode: The module is delivered in online mode by directed self-study materials for asynchronous learning, supported by synchronous online tutorials.

Indicative Student Workload Full Time Part Time
Contact Hours 36 36
Non-Contact Hours 114 114
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 150
Actual Placement hours for professional, statutory or regulatory body    

ASSESSMENT PLAN
If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Coursework Weighting: 100% Outcomes Assessed: 1, 2, 3, 4
Description: Individual report.

MODULE PERFORMANCE DESCRIPTOR
Explanatory Text
Component 1 comprises 100% of the module grade. To pass the module, a D grade is required.
Module Grade Minimum Requirements to achieve Module Grade:
A A
B B
C C
D D
E E
F F
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None.
Corequisites for module None.
Precluded Modules None.

INDICATIVE BIBLIOGRAPHY
1 BUCKLE, M. and THOMPSON, J., 2016. The UK financial system: theory and practice. 5th ed. Manchester: Manchester University Press.
2 DeHAAN,J., SCHOENMAKER,D.and WIERTS,P. 2020. Financial markets and institutions: a European perspective. 4th ed. Cambridge:Cambridge University Press.
3 MISHKIN,F., 2021. The economics of money,banking and financial markets. 13th ed. London: Pearson.
4 MISHKIN,F.S. and EAKINS,S.G., 2023. Financial markets and institutions. 10th ed. London: Pearson.
5 PILBEAM,K., 2018. Finance and financial markets. 4th ed. London: Palgrave Macmillan


Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781