The module provides a comprehensive understanding of the financial markets and institutions, with a focus on their role in economic development and stability. Students will learn to analyse interest rate determinants, assess bond valuation techniques, and develop strategies for risk management in mortgage and equity markets. The course covers advanced topics such as financial futures, options, and swaps, and emphasises the regulatory frameworks governing commercial banks. Additionally, students will explore fintech innovations and their impact on traditional financial institutions, while comparing the functions of insurance, investment, and pension funds.

Module Aim

The course aims at equipping students with knowledge and skills in international integration of financial markets and institutions.

Module Learning Outcomes

Upon completion of this module, the student should be able to: 
1.    Critically evaluate the role of financial markets and institutions in economic development and stability.
2.    Analyse and synthesise the determinants of interest rates and their implications for security valuation.
3.    Assess bond valuation techniques and risks, and develop strategies for managing risks in mortgage markets.
4.    Design and evaluate strategies for stock offerings, investor monitoring, and equity valuation under uncertainty.
5.    Critically assess the mechanisms of financial futures, options, and swap markets for risk management.
6.    Examine the regulatory frameworks governing commercial banks and perform advanced financial statement analysis.
7.    Compare and critically assess the functions of various financial institutions, including insurance, investment, and pension funds.
8.    Analyse the impact of fintech innovations on financial markets and develop strategies for integration within traditional institutions.