Banking Theory and Practice

The details
Essex Business School
Colchester Campus
Postgraduate: Level 7
Thursday 03 October 2024
Friday 13 December 2024
07 July 2023


Requisites for this module



Key module for

MSC N31012 Banking and Finance,
MSC N31024 Banking and Finance,
MSC N43112 International Accounting and Banking

Module description

This module provides a good grasp of both the basics (the structure and environment of banking) and selected aspects of the applied economics of the modern banking firm.

The topics covered include competition, bank efficiency, regulation, mergers & acquisitions, shadow banking, bank failures and recent developments of FinTech innovation in banking.

Module aims

Provide sound knowledge and in-depth understanding of the key concepts and main developments in modern banking, including:

• Market structure and competition.
• Relationship banking.
• Mergers and acquisitions, banks’ objectives, efficiency in banking.
• Regulation of the banking sector and the rationale for it.
• Banking crises and international financial architecture.
• Financial technology innovation.

Module learning outcomes

By the end of this module, students will be expected to be able to:

  1. Appraise the role of banks in a modern society.

  2. Evaluate critically the empirical evidence related to the industrial structure of banking and efficiency.

  3. Understand the role of bank-borrower relationships and their influence on bank strategy, orientation and specialization.

  4. Evaluate the strategies of modern banks in terms of consolidation and mergers & acquisitions.

  5. Understand the role and functions of central banks.

  6. Understand why banks need regulation and assess the current regulatory banking frameworks.

  7. Understand how recent financial technology innovations have affected the banking sector.

Skills for Your Professional Life Skills for Your Professional Life (Transferable Skills)

By the end of the module, students should be able to: 

  1. Conduct an independent search and review of specialized academic literature on banking, identify and evaluate relevant information.

  2. Develop, use and understand relevant quantitative models and interpret quantitative results.

  3. Effectively communicate ideas and provide sound arguments in both written form and orally using academic style of communication.

  4. Improve data analytical skills using databases, internet and other information technologies to retrieve, analyse and communicate information.

  5. Effectively manage time, be autonomous in learning and develop positive student-staff relationships.

  6. Increase awareness of recent developments in the banking sector.

Module information

Students are supposed to be familiar with basic concepts from an intermediate undergraduate course in topics with an analytical and/or quantitative emphasis such as (corporate) finance, microeconomics, macroeconomics or/and econometrics.

Learning and teaching methods

This module will be delivered via:

  • One 2-hour lecture per week.

Students are expected to do relevant reading and preparation before the lecture. It is also strongly recommended that you do additional reading to supplement the lecture material.


This module does not appear to have a published bibliography for this year.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Coursework weighting
Coursework   2,000 word essay     100% 
Exam  Main exam: In-Person, Open Book, 120 minutes during Summer (Main Period) 
Exam  Reassessment Main exam: In-Person, Open Book, 120 minutes during September (Reassessment Period) 

Exam format definitions

  • Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
  • In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
  • In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
  • In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary, for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.

Your department will provide further guidance before your exams.

Overall assessment

Coursework Exam
50% 50%


Coursework Exam
50% 50%
Module supervisor and teaching staff
Dr Jose Linares Zegarra, email:
Dr Jose Linares Zegarra & Dr Theodora Bermpei



External examiner

Dr Nikolaos Voukelatos
University of Kent
Senior Lecturer in Finance
Available via Moodle
Of 24 hours, 22 (91.7%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s), module, or event type.


Further information
Essex Business School

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

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