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Unit information: Banking in 2023/24

Unit name Banking
Unit code EFIMM0006
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Fabiana Gomez
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

None

Units you must take alongside this one (co-requisite units)

If taking this unit, can not take:

EFIMM0054 - Principles of Financial Intermediation OR

EFIMM0053 - Banking Regulation and Financial Stability OR

EFIMM0052 - Banking Management and Risk Management

Units you may not take alongside this one

None

School/department School of Accounting and Finance - Business School
Faculty Faculty of Social Sciences and Law

Unit Information

The objective of the course is to understand the role of banks in the economy and the sources of fragility of the banking sector. It begins by introducing the main functions of banks in the economy. This is followed by the study of the economic literature about the existence of financial intermediaries. Then, the causes of financial crises are analyzed: financial panics, bubbles, contagion and endogenous risk. Next, the course focuses on the Subprime crisis to analyze its causes and consequences. The course ends with an analysis of banking regulation.

Your learning on this unit

  1. To understand the fundamentals of financial intermediaries
  2. To identify the main source of risks of individual banks from their balance-sheets.
  3. To compare and critically analyse the performance of different banks
  4. To recognize the main sources of fragility of the banking sector
  5. To understand economic problems behind bank runs, bubbles, financial contagion and endogenous risk
  6. To identify the market failures leading to the Subprime Crisis
  7. To understand current bank regulation and the rationale behind it

How you will learn

Teaching will be delivered through a combination of synchronous and asynchronous sessions including lectures, tutorials, drop-in sessions, discussion boards and other online learning opportunities

How you will be assessed

Summative Assessment:

  • Group coursework (1500 words) 20% covering ILO2 and ILO3. Any re-assessment required will be in the form of an individual piece of coursework (1500 words)
  • Exam (2 hours) 80% covering ILO1, ILO2, ILO3, ILO4, ILO5, ILO6 and ILO7. Any re-assessment required will be a like for like assessment

Formative Assessment:

The work will be conducted by groups of 4 members. The objective of the coursework is to give students the opportunity to discuss and confront their opinions with their peers considering the topics covered in the module. It will be data-driven and requires the use of econometric software. All students in a group will be awarded the same mark.

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0006).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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