SDG Detail

FINANCE 383 : Banking and Financial Institutions

Undergraduate course

Project description

This course acts as a bridge for those thinking of going on to honours and those interested in pursuing careers in central banking and the financial services sector. It therefore involves class discussion focusing on current financial market developments including new technologies and their implications and where active student participation is expected. Lecture slides, case studies and other associated material serve as a guide only and do not substitute for the oral presentation. They should be read before coming to class. Lectures are designed to stimulate critical thinking on issues arising either directly or indirectly from these notes, other relevant material and discuss worldwide events that impact ?financial markets and institutions. Please note that this is NOT your typical undergraduate course. Given the changing industry landscape with Arti?cial Intelligence and Big Data Analytics, this course is designed to challenge your way of thinking about financial concepts and applications to the industry and of articulating your own views. It is increasingly important to not just understand concepts but be able to re?ect and analyse moving beyond super?cial interpretations. If you stay in the course you will enjoy it as many students have done in the past. Students are expected to participate in lively in class debates on a weekly basis and contribute their views to topics discussed in class.

Year 2022

Location New Zealand

Organization University of Auckland

Project aims

Project outcome

By the end of this course, students will be able to: Describe what modern banks and other financial institutions do, what services they offer, how the payments system works, issues of ethics and sustainability. (Capability 1, 4.1, 4.2 and 6) Describe new technologies and trends in banking such as Blockchain and FinTech. (Capability 1, 4.1, 4.2 and 6) Critically evaluate the role of central banks in theory and practice in relation to monetary policy and banking supervision and regulation. (Capability 1, 2, 3, 4.1 and 4.2) Explain the different types of risk faced by banks and the importance of risk management. (Capability 1, 2, 3, 4.1 and 4.2) Describe how micro and macroprudential regulation and supervision can be used to attenuate the build-up of financial risks and avert financial crises. (Capability 1, 2, 3, 4.1 and 4.2) Explain the reasons for bank failures and the resolution mechanisms for failed banks (Capability 1, 2, 3, 4.1, 4.2 and 6)