ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title THE FINANCIAL SYSTEM AND RISK MANAGEMENT
Code ULMS539
Coordinator

 
Year CATS Level Semester CATS Value
Session 2021-22 Level 7 FHEQ Second Semester 10

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

ULMS701 Managing Financial Resources 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 23

  5

      28
Timetable (if known)              
Private Study 72
TOTAL HOURS 100

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Examination There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :2Semester two  2 hours    70       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Individual assignment There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :Semester two  1,500 words    30       

Aims

Increase student knowledge of the financial system and related challenges;

Provide an understanding of the structure, regulation and functioning of financial markets and institutions;

Cover issues related to money, bond, equity and the futures and options markets in the financial system;

Provide an understanding of the analysing and valuation of securities in the modern era with a particular emphasis on the role of markets in the global economy;

Develop student critical-thinking and problem-solving and risk management skills which are necessary to respond to challenging situations in global organisations.


Learning Outcomes

(LO1) Understand the Financial System and related challenges;

(LO2) Understand the role and importance of the UK and international financial markets and institutions in the functioning of the economy;

(LO3) Understand the nature of the major financial instruments traded in capital markets;

(LO4) Understand the role and functioning of the significant institutions which have a bearing on how the markets perform and the role of regulation in financial markets;

(LO5) Understand the process of analysing and valuing securities;

(LO6) Understand market efficiency and efficient market hypothesis in relation to the developed and emerging markets;

(LO7) Understand the issues related to ‘financial risk’ and ‘risk management’ in light of theory and recent empirical research findings;

(LO8) Enhance student knowledge in relation to team work, presentation, communication and problem solving skills.

(S1) Adaptability

(S2) Problem solving skills

(S3) Commercial awareness

(S4) Teamwork

(S5) Organisational skills

(S6) Communication skills

(S7) International awareness

(S8) Lifelong learning skills

(S9) Ethical awareness


Teaching and Learning Strategies

Teaching Method 1 - Lecture
Description:
Attendance Recorded: Not yet decided

Teaching Method 2 - Tutorial
Description:
Attendance Recorded: Not yet decided


Syllabus

 

Overview of the international financial system and the role of financial markets;

The conduct of monetary policy;

Financial institutions; conflicts of interest and business ethics;

Banking regulation and management of financial institutions;

Trends in capital markets, emerging markets: regulation;

The relationship between risk and term structure and interest rates: mortgage markets, interest rates and valuation;

Money market, bond markets and foreign exchange markets;

Stock markets, market efficiency and derivatives;

Theory and evidence on financial risk and risk management.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.