Programme And Module Handbook
 
Course Details in 2022/23 Session


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Module Title LH Advanced Financial Markets and Institutions
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 33106
Module Lead TBC
Level Honours Level
Credits 20
Semester Semester 2
Pre-requisites
Co-requisites
Restrictions None
Contact Hours Lecture-40 hours
Guided independent study-160 hours
Total: 200 hours
Exclusions
Description This module first examines economic theories of financial market behaviour and discusses their empirical relevance. The topics may include the micro-foundations of financial economics; portfolio investment decisions, e.g. the Mean-Variance model and Capital Asset Pricing Model (CAPM); more complex pricing models, such as the consumption-based CAPM and Arbitrage Pricing Theory (APT).

The module then deals with the theoretical foundations of why banks exist and how they operate, and of why and how banks are regulated. The topics may include the theory of financial intermediation, securitization and other lending techniques, deposit contracts and insurance, bank regulation and supervision; particular attention is paid to recent global developments in banking and bank regulation.
Learning Outcomes By the end of the module students should be able to:
  • demonstrate systematic knowledge and understanding of the microeconomic basis of financial economics;
  • analyse the behaviour of asset markets and prices using theoretical models and critically evaluate their empirical implementation;
  • explain the theoretical foundations of financial intermediation and critically evaluate the current regulatory framework faced by banks.
Assessment
Assessment Methods & Exceptions Assessment:
1-hour written class test (25%);
3-hour written unseen examination (75%).

Reassessment: N/A
Other Birmingham-based version of Dubai module 32054
Reading List