Bank Theory and Operations
The module content includes:
- banking in the financial system
- central banking
- evolution of the banking industry
- managing liquidity and liabilities
- bank lending and asset management
- banking distribution
Corporate Financial Strategy
The module covers the traditional content of a Corporate Finance course: Investment, Capital structure, and Divident Decisions From a Shareholder Value Perspective; Capital Market Behaviour (background); Mergers; Real Options.
Further Quantitative Research Methods
The module includes matrix algebra, differential calculus, multiple regressions, time series, qualitative response and panel data models.
Introduction to Research Methods
Part 1: Introduction Quantitative Analysis (compulsory) - Survey design and measurement, Introduction to statistics; hypothesis testing, t-tests, ANOVA, Regression Analysis and Factor Analysis.
Part 2: Introduction Qualitative Analysis (compulsory) - This part of the module will be concerned with epistemological issues as well as the collection and analysis of qualitative data.
Bank Modelling and Performance Analysis
The module covers:
- data sources in banking
- analysis of bank accounts and interpretation, ratio analysis in banking -asset, liability and expense management ratios
- risk and statistical analysis of banking ratios
- estimation of economies of scale and X-efficiency
- empirical estimation of market concentration
- UK bank regulation and supervision
- EU and US stress testing of banks
- Loans loss provision modelling
Financial Security Valuation
Equity, fixed income and derivative securities will be considered individually and portfolios. These will be presented as extensions of previously studied material as well as new topics.
Choose two modules from the following list:
Behavioural Economics and Decision Making
The module is split into two parts. The first part focuses upon the methods and models associated with behaviour. These sessions will introduce key concepts in bounded rational behaviour and apply these to specific economics models and financial markets.
The second part of the module concentrates on designing your own experiment and interpreting empirical results. You will analyse studies of bounded rational behaviour, labour markets, asset markets, experimental behavioural finance, social dilemmas, preferences, public goods, reciprocity, bargaining and contests.
The module will be interactive, you will undertake experiments and analyse results.
The module covers financial reports, regulation of financial reporting; creative accounting; techniques of accounting analysis; standard setting; relationship to capital; auditing and accounting research.
Financial Services: Context, Consumers and Markets*
The module covers the following:
- The context of financial services with a particular focus on the UK, including current regulatory developments, consumer policy initiatives and current market developments and controversies
- A focus on the challenges associated with the marketing of financial services and how the principles and tactics of marketing are employed in financial services markets
- Coverage of the debate surrounding the importance of ethics and professionalism in financial services provision
- Detailed analysis of consumer behaviour and in particular decision making in financial services markets
This module examines contemporary developments in the theory and practice of international financial management. It includes analysis of foreign exchange markets and international financial markets, including international banking and the Euromarkets.
Emphasis is placed on discussion of risk management techniques to protect against both currency and political risks. Both long term international investment and financing decisions and short-term exporting decisions form part of the course.
Islamic Banking, Finance and Accounting
The module will cover the underlying concepts, practices and new trends of Islamic banking and finance; the differences and similarities with the theories and business models of conventional banking and finance; financial, risk and governance implications of Islamic Law (Shari'ah); Islamic Insurance (Takaful); Islamic financial instruments; interactions between Islamic accounting standards and IFRS; development and integration of Islamic windows in conventional financial institutions.
Risk Management in Financial Institutions*
The module covers risks specific to financial institutions (including liquidity, credit, market, and operational); techniques for managing such risks; the organisation of the risk management process in financial institutions. Financial institutions include banks, other deposit-taking institutions, life and general insurance companies.
Content complements that covered in modules such as Corporate Risk and Quantitative Risk Management.
* In order to graduate with Chartered Banker Status, you must choose both of these modules.
The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. This list is an example of typical modules we offer, not a definitive list.