FI5604 Financial Systems

Academic year

2024 to 2025 Semester 1

Further information on which modules are specific to your programme.

Key module information

SCOTCAT credits

20

The Scottish Credit Accumulation and Transfer (SCOTCAT) system allows credits gained in Scotland to be transferred between institutions. The number of credits associated with a module gives an indication of the amount of learning effort required by the learner. European Credit Transfer System (ECTS) credits are half the value of SCOTCAT credits.

SCQF level

SCQF level 11

The Scottish Credit and Qualifications Framework (SCQF) provides an indication of the complexity of award qualifications and associated learning and operates on an ascending numeric scale from Levels 1-12 with SCQF Level 10 equating to a Scottish undergraduate Honours degree.

Planned timetable

To be arranged.

This information is given as indicative. Timetable may change at short notice depending on room availability.

Module coordinator

Prof D Chronopoulos

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module Staff

Dr Dimitris Chronopoulos

This information is given as indicative. Staff involved in a module may change at short notice depending on availability and circumstances.

Module description

Financial systems around the world are currently undergoing many changes. These changes arise from competition, consolidation, information technology, product and geographic expansion of manufacturing, service and financial services firms, de-regulation and re-regulation. These changes are taking place within a volatile and uncertain economic environment, and have direct implications for the development, growth and stability of financial systems. This module aims to outline the fundamentals of financial systems. A central theme running through the module is the influence of technology and innovation along with the challenges that this poses to regulators.

Assessment pattern

50% exam; 50% coursework

Re-assessment

100% exam

Learning and teaching methods and delivery

Weekly contact

Lectures (2 hrs x 10 weeks) and tutorials (1 hr x 5 weeks).

Scheduled learning hours

33

The number of compulsory student:staff contact hours over the period of the module.

Guided independent study hours

167

The number of hours that students are expected to invest in independent study over the period of the module.

Intended learning outcomes

  • Critically evaluate the rational for banks and other financial institutions
  • Appraise the role of banks in a modern society/economy
  • Assess the role of a dynamic environment on financial institutions' strategy and performance.
  • Understand why banks need regulation and assess the regulatory responses in light of the recent financial crisis.