Institutions in the Global Financial Market (738N1)
15 credits, Level 7 (Masters)
This module examines 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 will address investment banking and the role banks and other actors such as rating agencies play in capital markets.
You undertake a detailed exploration of 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 will provide in-depth discussions of the 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. The module will also include discussions of corporate scandals, the role of the financial media, and prospects for future regulations.
Teaching and assessment
We’re currently reviewing teaching and assessment of our modules in light of the COVID-19 situation. We’ll publish the latest information as soon as possible.
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 32 hours of contact time and about 118 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
This module is running in the academic year 2021/22. We also plan to offer it in future academic years. However, there may be changes to this module in response to COVID-19, or due to staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.
It may not be possible to take some module combinations due to timetabling constraints. The structure of some courses means that the modules you choose first may determine whether later modules are core or optional.