This module develops the students understanding of the banking sector and its interaction with the financial system. The course highlights the importance of banks in the financial system and how they operate. In particular, the course provides insights into their role in helping companies secure funding through capital markets and/or bank lending. The course then turns its attention to other important players in the financial system such as central banks, insurance companies, and pension funds.
By the end of this module, students will have a deep understanding of the business model of each major financial institution and its role in the financial system. While the lectures introduce the key concepts, the seminars provide students with the opportunity to deepen their understanding by analysing case studies and examples from the finance sector. The assessment is conducted via a mid-term MCQ assessment (30%) and a final exam (70%) at the end of the course. Overall, the students will develop a range of skills, including their commercial awareness and lifelong learning skills.