| CODE | BKF3111 | ||||||||||||
| TITLE | Practical Issues in Banking | ||||||||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||||||||
| MQF LEVEL | 6 | ||||||||||||
| ECTS CREDITS | 4 | ||||||||||||
| DEPARTMENT | Banking, Finance and Investments | ||||||||||||
| DESCRIPTION | The study-unit provides an insight to practical issues in Modern Banking. Today, banks worldwide undertake various activities other than ‘pure’ or traditional commercial banking transactions. The unit will therefore examine topical issues in modern banking, drawing real examples from the major developments in business, international money transfer and financial services. Study-Unit Aims: To provide students with a deeper understanding of practical issues in banking and banking terminology, as well as to provide an insight to various international payment mechanisms and institutions that facilitate business transactions. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: 1. Differentiate between various banking instruments 2. Name the roles of institutions shaping modern banking and finance today and into the future 3. Explain the theory underpinning international banking and finance 4. List the activities that modern banks offer to their customers 5. Identify the main issues that banks managers face on a day-to-day basis 2. Skills: By the end of the study-unit the student will be able to: 1. Estimate the risks that a typical bank is exposed to 2. Rank banks in terms of profitability and risk profiles 3. Compare the safety of banks 4. Evaluate bank strategies 5. Distinguish different banking rules 6. Assess the challenges that modern banks face Main Text/s and any supplementary readings: 1. Background Reading: - International Money & Finance (2nd Edition), Hallwood & MacDonald - The Business of Banking (3rd Edition), Pond & Lipscombe - Elements of Banking (6th Edition or later), Perry - Finance of International Trade (5th Edition), Alasdair Watson - (1994), CIB. 2. Core Reading: - Modern Banking, Shelagh Heffernan (2005), John Wiley & Sons, Ltd - The Big Short: Inside the Doomsday Machine, Michael Lewis (2010) - Bank for International Settlements (BIS) Third Quarter Review on - International Banking and Financial Markets Development* - Articles from the Journal of Banking & Finance, The Economist, and Financial Times and the financial press* *N.B. These excerpts together with all study-unit presentations will be distributed to students via VLE. 3. Further Reading: - The Financial Risk Manual, A Systematic Guide to Identifying and Managing Financial Risk, John Holliwell (1998), Financial Times, Prentice Hall. |
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| ADDITIONAL NOTES | Student wishing to make queries should email Mr. Raymond Ellul or post them on VLE or set a meeting during the student hours. |
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| STUDY-UNIT TYPE | Lecture and Tutorial | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Raymond Ellul |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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