Modules for course N3CK | MSC/BFCB
MSc Banking & Finance (Chartered Banker)
This is a provisional list of modules to be offered on this course in the 2019–20 academic year.
The list may not be complete, and the final course content may be different.
- ASB-4403: Int'l Financial Markets (15) An overview of financial markets and instruments; Review of the concepts of risk and return; Portfolio theory and diversification; The capital asset pricing model; Other asset pricing models; Efficient markets, behavioural finance and anomalies; Hedging, speculation and arbitrage; Foreign exchange and derivative markets; Option characteristics and option pricing; Forwards, futures and swaps.
- ASB-4411: International Banking (15) • Overview of financial management at modern banks; • Current trends and impacts of foreign banks • Origins and evolution of international banks and markets • Evaluating country risks; • The location decision; • Diversification, risk and value • Syndicated lending; • Financial crises; • Issues in international bank regulation; • Issues in executive compensation
- ASB-4446: Financial Ethics & Regulation (15) Core The lecture programme will outline the principle areas of content with specific skills honed within seminars. The lecture programme will be introduced through considering past cases of poor ethical practice in financial services industry to motivate the subsequent studies. The module will then develop to consider moral and normative ethics in a business context, the application of ethical principles within key financial services areas including lending, investment and trading. The lecture programme will then consider the role of individuals, organisations and corporate governance arrangements in financial services decision making, expected professional standards and the evolution of conduct of business regulation internationally within the financial services industry.
- ASB-4447: Credit & Lending (15) Core BANKER & CUSTOMER – RIGHTS AND DUTIES How the banker-customer relationship is established, The rights and duties of a banker and of a customer, Bankers’ lien, Clayton’s Case, Death of a customer, Trusts, Testate and intestate succession, Electronic funds transfer THE PRINCIPLES OF LENDING The structured approach, The canons of lending, The person, Amount and purpose, Repayment, Viability, Security, Reward, Services, Credit Scoring, Credit policy CREDIT PRODUCTS AND SERVICES Overdrafts, Personal loans, Revolving credit, Credit cards, House purchase loans, Bridging loans, Term loans, Hire purchase and leasing, Self-build finance SECURITIES FOR ADVANCES Why and when security should be taken, Attributes of a good security, Security discount factors, Types of security and their discounted value, The law of property, Security over land and property, Mortgage regulation, Guarantees, Stocks and shares as security, Types of shares, Life policies, Miscellaneous securities BUSINESS LENDING The Profit and Loss account and Balance Sheet, IFRS, Ratio Analysis, Financial and Operation ratios, Cash Flow reporting, FRS 1, Balancing and reconciling Cash flow reports, Security for advances, Assessing customer needs, Alternative sources of finance, Control of advances, Cash Flow Monitoring. BUSINESS LENDING – WHEN THINGS GO WRONG Types of problems, Additional lending, Remedial action by customer, Administration, Powers of administrator, Creditors rights, Receivership, dealing with assets. Liquidation, Winding up, Liquidators powers, information disclosure, Gratuitous alienations, unfair preferences, Directors liability, Distribution of assets. CREDIT RISK PRACTICES FOR RETAIL BANKING Benefits of credit scoring, boundaries of credit scoring solutions, Behavioural scoring, Monitoring, CRAs, Higher value lending, credit risk analysis. CREDIT RISK PRACTICES FOR BUSINESS AND COMMERCIAL BANKS Market/Industry risk assessment, Business risk assessment, Financial risk assessment, Documentation and Pricing risk.
- ASB-4101: Research Methods (15) Describing and summarising data; Probability and probability distributions; Principles of statistical inference; Correlation and regression analysis; Regression models for panel data.
- ASB-4402: Bank Financial Management (15) External and internal drivers that shape bank financial management; Financial and performance analysis; Asset and liability management; Lending and securitisation; Risk and capital adequacy; Capital allocation and VAR (Value-At-Risk) modelling; Current issues in bank financial management.
- ASB-4408: Financial Econometrics (15) • Review of the linear regression model: estimation and hypothesis testing; • Dynamic regression models: distributed lag and autoregressive models; • Non-stationarity and testing for unit roots; • Modelling long-run relationships: cointegration; • Modelling volatility: univariate ARCH and GARCH models; • Regression analysis using panel data.
60 credits from:
- ASB-4902: MSc Dissertation (60) (Semester 3) Core There is no set syllabus. The dissertation encourages students to develop a critical awareness of the professional skills relevant to the strategic management of a variety of business practices. Students choose their research topic, provided that there is suitable and sufficient reading material available, and a member of staff is available to supervise in the chosen area of study.
- ASB-4909: Finance Dissertation (60) (Semester 3) Core
15 credits from:
- Please choose 1 from
- ASB-4125: Invstmt Strat & Portfolio Mgmt (15) (Semester 1)
- ASB-4406: Financial Analysis (15) (Semester 2) Balance sheet and income statement analysis; Financial ratio analysis and inter-firm comparison; Trend analysis and financial forecasting; Analysis of profitability and growth; The quality of financial statements, and using financial statements in valuation; Cash accounting, accrual accounting and discounted cash flow valuation; Pricing book values and earnings; Assessment of credit and equity risk.
- ASB-4424: Islamic Banking (15) (Semester 2) Theoretical foundations of Islamic Banking; Development of the Islamic banking model; Islamic banking products and services; Islamic insurance (Takaful); Challenges facing the Islamic financial development.
- ASB-4437: Merger and Acquisition (15) (Semester 2) Theory of the firm: "Build vs Buy"; Current issues in the M&A landscape; Motives for M&A; How do mergers work? When do mergers work? Winners and losers; Valuation in the context of an acquisition; Criteria for value-adding acquisitions; Cross-border vs domestic acquisitions.
- ASB-4527: Executive Compensation (15) (Semester 2)