Business and management studies

Institutions in the Global Financial Market for Management and Finance

Module code: 967N1
Level 7 (Masters)
15 credits in autumn semester
Teaching method: Lecture, Seminar
Assessment modes: Coursework

You examine the role played by financial institutions in the global market structure and in particular the ways in which these institutions manage risk in their investments, with particular focus on management of operational risk.

You study investment banking and the role banks and other actors such as rating agencies play in capital markets.

You explore the nature of operational risk and the way risk management is practiced in financial services firms.

You compare and contrast the prevailing regulatory approaches and discuss prevailing international frameworks for regulating and managing operational risk.

There will also be a focus on the process of compliance with these regulations, which will be discussed using both lectures and case study material.

You also discuss corporate scandals, the role of the financial media, and prospects for future regulations.

Module learning outcomes

  • Critically evaluate the roles played by the various financial institutions, including commercial and investment banks, rating agencies, and financial regulatory bodies.
  • Critically discuss the principles and role of operational risk and its impact on the financial services sector.
  • Provide a systematic understanding of the principles of financial regulation as they relate to global finance.
  • Critically examine the role played by compliance and risk management in financial services firms