Personal Finance and Banking
Personal Finance and Banking 2022-23
Bangor Business School
Module - Semester 1
The lecture programme will outline the principle areas of content with specific skills honed within the seminars. The lecture programme will be introduced through considering the importance of personal finance education, the need for financial literacy, a knowledge of retail banking markets and how this relates to the student and graduate experience. The module provides consideration as to the form and use of different financial services encountered in life including debt, pensions, insurance, savings and investments. Students will explore how these markets operate and are regulated. Lastly there is consideration of how financial customers make decisions in financial services markets, how decision making may be enhanced and how customers can be misled by current sales techniques employed by the financial services industry.
-threshold -D- to D+ (40-49%): No major omissions or inaccuracies in the deployment of information/skills. Some grasp of theoretical/conceptual/practical elements.Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives. -good -B- to B+ (60-69%): Very good performance Most of the relevant information accurately deployed. Good grasp of theoretical/conceptual/practicalelements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Evidence of the use of creative and reflective skills. -excellent -A- to A+ (70%+): Outstanding performance. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements.Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills. -another level-C- to C+ (50-59%): Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements.Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
- Cultivate a greater level of financial literacy.
- Develop a comprehension of how commonly used financial services are used, priced and sold.
- Develop insight into the cost of borrowing and the implications of debt.
- Extend personal financial management skills and knowledge.
- Foster understanding of the sources and applications of finance while a student and a graduate.
- Have an understanding of the services provided by the financial services and retail banking industry including insurance, loans, mortgages, pensions and investments.
Individual report A 1500 word academic report analysing an aspect of the retail banking and personal finance markets
Formal Examination end of semester exam covering the entire module syllabus