This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Undergraduate Handbook 2025-2026 (archived)
Module FINN1051: Global Financial Systems and Markets
Department: Finance
FINN1051: Global Financial Systems and Markets
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 1 | 20 | Available in 2025/2026 | None. | Durham |
Tied To
- Finance: (programme not found)
- Finance with Placement Year: (programme not found)
- Finance with Study Abroad: (programme not found)
- L130: Economics
- L131: Economics with Placement Year
- L132: Economics with Study Abroad
- N305: Finance
- N306: Finance with Placement Year
- N307: Finance with Study Abroad
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- 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
Subject-specific Knowledge
- 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.
Subject-specific Skills
- 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;
- Explain and evaluate the purpose and impact of financial oversight and regulation.
Key Skills
- Written communication – through formative and summative assessment;
- Planning and organisation and time management – by preparing for workshops 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.
- Workshops 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
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 10 | Weekly | 2 hrs | 20 | |
| Workshops | 8 | Weekly | 1 hr | 8 | Yes |
| Preparation and Reading | 172 | ||||
| Total | 200 | ||||
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Assignment | 100% | Assignment | 3000 words | 100% |
Formative Assessment
A series of online exercises throughout the term.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.