Postgraduate: Level 7
Monday 13 January 2020
Friday 20 March 2020
12 September 2019
Requisites for this module
MSC L12012 Money and Banking,
MSC L120UH Money and Banking
This module is designed to introduce core economics reasoning about the fundamental businesses of commercial banking and investment banking. Those of the former can be classified roughly into two categories, financial intermediation and money creation, while those of the latter are mainly concerned with security issuance and merger and acquisition.
For each of them, as a viable business, the following questions naturally arise.
1) What and how is the value added by this business?
2) How is it provided in terms of contractual arrangements?
3) What are the implications of these contractual arrangements for the banking industry and the whole economy?
It shall be underlined that the module will focus on economics reasoning and not be detailed in the practical side of the banking businesses, of which more material is provided in the EBS module BE610, Introduction to Banking. Students are encourage to audit, if not register, this module, besides to read the Economist weekly and the Financial Times most days. Moreover, students will find google and wiki useful to check the meaning of unfamiliar terminologies.
To provide students with an understanding of the economics behind the core services which the banking industry provides.
Upon successful completion of the module students will gain knowledge that will help them find a job in the banking industry, and, more broadly, in the financial sector. However, this module does not cover as much in practicality of banking businesses as economic principles. Their understanding of these businesses will be greatly improved if they also read materials on practices, especially newspapers such as the Economist and the Financial Times. The students are encouraged to mentally go back and forth between the lecture room, where they learn fundamental economics of banking businesses, and the outside world, where they learn how to apply the economics.
No additional information available.
The module will consist of one two-hour lecture per week and a one-hour class every other week. Lecture notes and supporting materials can be accessed via the course material repository. Problem sets will be posted in the course material repository on a bi-weekly basis. Students are expected to complete them for class.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.
This module does not appear to have a published bibliography.
Assessment items, weightings and deadlines
|Coursework / exam
||120 minutes during Summer (Main Period) (Main)
Module supervisor and teaching staff
Miss Zeina Alsharkas
For further information, send a message to firstname.lastname@example.org
Dr Francis Kiraly
Available via Moodle
Of 27 hours, 27 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can
be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements,
industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist
of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules.
The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.
The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.