Contemporary Issues in Banking - BFIPO36

Contemporary Issues in Banking                                           BFIP036

Semester

Autumn

Level

11

Credit value

20

Module Co-ordinator

TBA

Contact hours

24 lectures + 8 seminars

Assessment

40% for mid-semester test

60% examination (resit available)

 Objectives

  • To provide students with the basic theory of modern banking firms (the function, structure and environment of banking)
  • To examine the role of the bank as a financial intermediary and deposit creator
  • To critically analyse economic theories, trends and the UK economic environment
  • To examine the impact of monetary policy on banks, inflation, the housing market and the economy
  • To critically review the involvement of banks in the international money, credit and bond markets
  • To examine and analyse international factors impacting on banks
  • The examine the way in which public finance issues in the economy affect banks and critically analyse the implications of government shareholding in banks
  • To critically analyse the competitive environment in which banks operate
  • To critically review the latest trends in innovation and technology in banking

Learning outcomes

Knowledge and understanding of:

  • The main theories and practices underlying modern banking and financial firms’ business
  • The main theories of industrial structure as they apply to banking
  • The core principles of money and the financial system
  • The role of financial institutions, financial instruments and financial markets
  • The interest rate and its determinants
  • The main economic fundamentals of banks’ activities
  • On-balance-sheet and off-balance-sheet activities of banks
  • Central banking: monetary policy instruments, independence and accountability
  • Inflation targeting
  • The impact of recent regulatory changes on the structure of international banking markets
  • The rationale for financial regulation and appreciate different types of regulation
  • The reasons and possible remedies for bank failure

 

Indicative reading list

Casu, B et al. (2006), Introduction to Banking, FT Prentice Hall.

Matthews, K, &Thompson, J (2008),The Economics of Banking, 2nd ed., Wiley.

Heffernan, S (2005), Modern Banking, Wiley.

 

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