The learning strategy for the module requires students to commit 300 learning hours, of this there will be 75 hours of class support and 225 hours of independent and self directed study.

The lectures will be interactive with student participation in discussions about the context of financial markets, institutions, Bank Asset and Liability Management. Lectures will review good practices, problems and issues in trading finance student will interact within disparate national and international policy frameworks. Seminars will include guest speakers responsible for international strategy of firms. Students will be allocated to small groups for various activities and workshop sessions. Tutorials will be used to ensure that students understand the material and its relevance to the programme. Within the module, students will undertake individual presentations. These will be used to highlight understanding of module content, planning and implementation of ideas and innovations, self assessment and reflection, peer/tutor discussion and review.

For each topic, students will engage in preparation and reading prior to each seminar. Students will be asked to share their reading of the topic through discussion with their peer group, present their findings to the seminar group and provide feedback to other students

The VLE (NETED)
The Internet
Word Processing software for use in the coursework
Spreadsheet software like EXCEL/SPSS
Printed and electronic journals.

Core Text
Financial Markets and Institutions (7th Edition) Mishkin, F. S. and Eakins, S. (2011)
Asset Liability Management in Banks: A Study of Performance and Profitability of Banks Kohli, H.K. and Chawla, A. S.(2013)

Recommended Text
Madura, J.(2012) Financial Markets and Institutions, Abridged Edition
Saunders,A. and Cornett, M. M. (2011) Financial Markets and Institutions
Kidwell, D. S., Blackwell, D. W., Whidbee, D.A. and Sias, R.W. (2011) Financial Institutions, Markets, and Money
Choudhry, M. and Masek, O. (2011) An Introduction to Banking: Liquidity Risk and Asset-Liability Management
Bessis, J. (2010) Risk Management in Banking
Giandomenico, R. (2010) Asset Liability Management in Insurance Companies and Banks: Quantitative Models
Mallin C A (2009) Corporate Governance, 3rd Edition, Oxford University Press.
Solomon J (2010) Corporate Governance and Accountability, 3rd Edition, John Wiley and Sons.
Clarke, T. (2007) International Corporate Governance: A Comparative Perspective, Routledge.
Clarke, T. and Chanlat, J (2009) European Corporate Governance: Readings and Perspectives, Routledge.

Journals
Corporate Governance Journal International Journal
Corporate Governance: An International Review
International Journal of Disclosure and Governance
International Journal of Leadership Studies
Strategic Management Journal (SMJ)
Journal of International Business Studies (JIBS)
British Journal of Management (BJM)
Journal of Management
Journal of Business Studies
Journal of strategy and Management
Academy of Management Journal (AMJ)
Academy of Management Review (AMR)

Websites
www.businessballs.com
www.changingminds.org
www.managementhelp.org
www.themanager.org
www.mindtools.com
www.managementhelp.org
www.managers.org.uk

Coursework 50% Weighting
You are charged with the preparation of a trading finance project for a corporate bank. Your remit will be to research the financial markets and institutional regulation for the best direction the bank can take for increasing the bank reserves. You will consider the Banks assets and liability searching the securities, capital and debt market instruments and guiding the executives on the opportunity and risk.

3,000 words including appendices

LO 1,2,3

Project Report and Presentation 50% Weighting
Present how you might introduce e-strategy into your organisation together with a risk management assessment.

LO 4

To pass this module students must obtain overall 50% marks.

Pass criteria

Demonstrates ability to systematically describe a specific organisation in terms of management theories and appropriate contemporary practice.
Provides some critical analysis of operational aspects of same organisation. Reflects adequately on potential improvements to same organisation and is well referenced. In order to pass a module, students need to attain at least a minimum of 40% in all elements of assessment.

Distinction criteria,

Evidences a subtle understanding of the position of the organisation in terms of a range of appropriate theory and contemporary practice.
Focuses upon the critical analysis of relevant operational aspects of the organisation, with appropriate contrast with other organisational forms and practice. Provides a well-supported, reasoned and pragmatic set of recommendations. Evidences wide and appropriate reading in the references supplied.

Topics

Financial Markets and Institutions
Role of financial markets and institutions
- Global Financial Environment
- Market structure and regulation
- Role markets and institutions
- Policy and objectives of mutual funds and pension funds
- Role of the key regulators in financial markets and their functioning
- Structured product markets
Federal and other monetary policies
- Central Banks and monetary policy
- Structure of interest rates
- Global effects of monetary
- Policy on financial markets
Currency markets
- Theories of exchange rate determination
- Spot and forward exchange rates
- Money market analysis
- The pricing and valuation of all major money market instruments
(T-bills, Repurchase agreements, FRAs etc)
Debt security
- Debt market analysis
- Bond markets and their analysis
- Corporate and Government Bonds
- Valuation of callable and non-callable bonds and convertibles.
- Conventional, index linked bonds, Eurobonds and major differences among the global bond markets
Equity markets
- Equity markets Primary and Secondary markets
- Global stock exchanges and theory of stock pricing and valuation
- Forecasting a stock price's volatility and determination of beta
- Types of market indexes, determination of different types of market indexes and their role in financial markets.
Derivative Security markets
- Characteristics, pricing and analysis of financial futures,
financial options and swaps markets.
- Foreign exchange and the interest rate derivative markets

Bank Asset and Liability Management

Banking business, bank capital and debt market instruments
- Overview of banking services, organisational structure and comparative Study
- Bank Valuation and Performance through Financial Statement Analysis using CAMELS Ratings, the Return on Equity Model and Case Studies in Bank Valuation and Performance.
Bank treasury asset-liability management, financial instruments, application and hedging
- Asset and Liability Management Techniques for Liquidity
- Interest Rate Risks, including Maturity, Repricing
- Duration Gaps and Value at Risk
- Using Financial Hedging Tools in Asset-Liability Management.
Credit Risk Analysis Management
- Bank Lending Policies
- Procedures for Lending to Business Firms
- Pricing Business Loans.
Funding and balance sheet management
- Bank regulatory capital
- Risk Management using Asset-backed Securities
- Securitisation
- Syndicated Lending
- Credit Standbys and Derivatives
Capital Adequacy and Management.
- Bank Regulation and Supervision - Basel II.
- Comparative Banking Markets, including UK,Eurozone, GCC (gulf co-operation countries), US, Japan, BRICS and Emerging Transition Economies