Overview

The lecture programme will outline the principle areas of content and critically discuss questions dominating this subject area. The lecture programme will be introduced through considering past cases of poor ethical practice in business and financial services to motivate the subsequent studies. The module will then develop to consider fiduciary duty of managers, including debates on environmental and social responsibility, and the application of ethical principles within finance and business services. 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.

Assessment Strategy

-threshold - • Knowledge of key areas/principles only; • Weaknesses in understanding of main areas; • Limited evidence of background study; • Answer only poorly focussed on question and with some irrelevant material and poor structure; • Arguments presented but lack coherence; • Several factual/computational errors; • No original interpretation; • Only major links between topics are described.

-good -Average Standard: 60-69 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.

-excellent -Excellent standard: 80+ An outstanding performance, exceptionally able. 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-Satisfactory standard: 50-59No 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

Learning Outcomes

• Comprehend, evaluate, appreciate and assimilate the scope and constraints imposed by law and regulation.

• Critically analyse the importance of professional ethics and regulation in a contemporary context.

• Critically comprehend the implications of different strategic decisions for the firm, as shaped by systems of regulation, governance and compliance.

• Critically evaluate the subject specific roles, features and relationships within and between firms.

• Demonstrate the ability to make informed judgements and decisions in the context of banking and financial markets.

• Demonstrate the ability to make informed management and leadership judgements and decisions.