Module FINN1051: Global Financial Systems and Markets

Department: Finance

FINN1051: Global Financial Systems and Markets

Prerequisites

• None

Corequisites

• None

Excluded Combination of Modules

• None

Aims

• The operations of financial institutions within the global financial system and the products and services these institutions provide;
• The markets in which financial institutions operate and that facilitate the process of intermediation;
• The purpose and scope of financial oversight and regulation

Content

• Introduction to The Global Financial System.
• Financial Intermediaries and Financial Intermediation.
• Global Central Banks.
• Deposit Taking Institutions.
• Investment Institutions.
• Equity Markets.
• Credit Markets.
• Foreign Exchange Markets.
• European Monetary Integration.
• Technology and Drivers of Change.
• Financial Regulation and Supervision.

Learning Outcomes

• By the end of the module students should:
• have knowledge of the role of financial intermediaries in financial markets,
• be able to explain and discuss the activities of key categories of financial institutions,
• understand the operation of primary financial markets and securities,
• have knowledge of European monetary integration,
• understand the key drivers of change in financial markets,
• appreciate the importance of financial regulation and supervision.

• By the end of the module students should be able to:
• Identify the key financial institutions and explain their roles within financial markets;
• Evaluate the characteristics and trends within global financial systems and markets;
• Expain and evaluate the purpose and impact of financial oversight and regulation.

• Written communication – through formative and summative assessment;
• Planning and organisation and time management – by preparing for seminars and the summative assessment;
• Initiative – by searching relevant literature and information in preparation for assessed work;
• Computer literacy – by accessing and downloading course material and other learning and teaching resources.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Lectures will deliver essential material and will identify key reading and exercises.
• Seminars will facilitate small group work to enable students to present and discuss key topics and issues.
• Formative assessment is by means of exercises throughout the year.
• Summative assessment is by means of a written assignment.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

A series of online exercises throughout the term.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University