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FINN1051: Global Financial Systems and Markets

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Type	Tied
Level	1
Credits	20
Availability	Available in 2023/24
Module Cap	None.
Location	Durham
Department	Finance

Prerequisites

None

Corequisites

None

Excluded Combinations of Modules

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;
Expain 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 seminars 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.
Seminars 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	Monitored
Lectures	10	Weekly	2 hrs	20
Seminars	8	Weekly	1 hr	8	Yes
Preparation and Reading				172
Total				200

Summative Assessment

Component: Assignment		Component Weighting: 100%
Element	Length / Duration	Element Weighting	Resit Opportunity
Assignment	3000 words	100	same

Formative Assessment

A series of online exercises throughout the term.

More information

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