Financial Institutions module (BU30014)

Learn about Financial institutions including banks, credit unions, investment firms, and insurance companies, crucial for managing funds, investments, and risk.

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Credits

30

Module code

BU30014

Financial institutions, like banks, investment firms, and insurers, offer vital services such as fund management, lending, investing, and risk mitigation, playing a key role in economies and individuals' financial well-being. Learn about the services they offer and the role they play in the global economic environment.

Learn about the different levels of risk and the reason behind markets, instruments and institutions and how they interact with each other. You will learn about the role of interest rates, which impacts us all in what we pay for ordinary goods, therefore it is important to understand how they are set. Discussion will also be given to financial regulation and students are encouraged to keep up to date with current affairs to make the link between theory and practical concepts.

What you will learn

In this module, you will:

  • understand when entities and individuals may chose to use a Financial Institution
  • gain insight to the purpose of central banks and how they operate within a European context

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

  • discuss how interest rates are decided and the impact the increase/decrease has on our lives
  • understand how regulation has impacted the business strategies of large business entities

Assignments / assessment

  • class test (15%)
  • essay 1,500 words (15%)
  • examinations (70%)

Teaching methods / timetable

You should expect weekly lectures and tutorials, preparing in advance to contribute to the class discussions which will also help you in completing your coursework.

Week Topics covered
1 Introduction to financial intermediation
2 Models of financial intermediation: information, delegation and inter-temporal choice
3 Theory of interest rates
4 Central banks: institution and policy making
5 Central banks: monetary transmission mechanism
6 Reading week
7 Financial crises
8 Regulation and Innovation
9 Climate Risk

There are 8 weeks of teaching. For this module, the exact dates of teaching and/or reading weeks are to be confirmed.

Courses

This module is available on following courses: