SHE level 11 SCQF credit points 15 ECTS credit points 7.5 Module code MMN330195 Module Leader Sigit Wibowo School Glasgow School for Business and Society Subject Finance and Accounting Trimester A (September start), B (January start), A (September start), B (January start)
Summary of content The aim of this module is to enable students to critically assess the operation of financial regulators and regulations, analysing both the theoretical basis for, and practical application of, those regulators and regulations. The module examines theoretical approaches to understanding regulations, regulatory structures, and the role of both the regulator and the regulated. It also sets that theory in context through the study of regulation in practice, both in the UK and internationally, taking account of the developing role of technology in financial services and the challenges and opportunities this presents for regulators. In support of the aims of the programme, there is a particular focus on banking regulation and conduct of business regulation, as well as the importance of risk as a driver of both regulation and regulators.
Module details Syllabus arrow_forward The Foundatons of Financial Regulaton · The Economic Ratonale for Financial Regulaton · Regulatory Structures - theory and practce · Principle-based and Rule-based Approaches to Regulaton The Business of Regulaton · Regulators in practce - UK regulatory practce · Conduct of Business Regulaton · Regulaton and the Consumer Banking Regulaton · The Financial Crises and Systemic Risk · Basel, II and III (dealing with Credit, Market, and Liquidity Risk) · Post-crisis reforms and the internatonal structure of regulaton
Learning outcomes arrow_forward On successful completion of this module, the student should be able to: 1. Critically evaluate the extent to which the provision of financial services requires to be regulated, and the legal and structural approaches to how regulation may be delivered, to produce an evidence-informed view on the purpose and usefulness of financial regulation. 2. Critically discuss the development of banking regulation, both in a national and international context and, in this context, be able to appraise and discuss the causes and consequences of the great financial crisis as well as their implications for governments and financial institutions. 3. Understand and evaluate the application of regulation to how financial institutions conduct their business, both in relation to internal operations and governance, as well as their customers, to assess the relevance of regulation in ensuring appropriate institutional behaviour 4. Analyse the role of regulation in supporting financial services consumers to be able to evaluate the issues and challenges that arise in developing financial consumer policies. 5. Understand and analyse current international developments in financial services regulation to be able to explain and assess national regulatory policies in a broader, comparative, context. 6. Apply their knowledge of financial regulation to develop workable and ethical solutions to real-world problems in the financial services sector 7. Understand and evaluate the importance of international and global approaches in financial regulation when considering the need to address the behaviour of financial institutions
Teaching / learning strategy arrow_forward In line with the general aims of both the MSc International Banking and Finance programme, and GSBS more generally, the learning outcomes of this module are delivered within a context of encouraging responsible leadership, an international perspective, and professionalism, through engaging students in the analysis, research, and discussion of contemporary, real-life issues. For students other than distance learning students, contact will normally be two hours of lectures and one hour of seminar each week. Lectures will be used to highlight the key issues in a specific topic and point the way towards relevant journal articles and other appropriate literature. Students will be then expected to prepare for following week 's seminar on each topic by engaging in literature searches, undertaking relevant reading, and preparing responses to discursive and, where necessary, computational questions. In some cases, students will be asked to prepare work in advance of the lecture to facilitate a more interactive approach to the lecture, providing the basis for deepening professional skills, knowledge and understanding. Seminars will be conducted in workshop format providing the opportunity for student led and group task learning, with the aim of enhancing to enhance intellectual, critical, and analytical skills, as well as common good attributes of leadership and responsibility. In the case of Distance Learning students, course materials will include interactive prompts and opportunities for reflection to allow the students to identify and engage with important learning points and issues arising in the course material. Module tutors will also make use of podcasts to emphasise important issues and learning points or explain problematic issues that arise either face-to-face or online, to all students. Extensive will be made of VLE, Computer Labs and the Bloomberg terminals to enhance the learning experience and engagement of all students on the module. One purpose of the VLE is
Transferrable skills arrow_forward This module will develop the following skills in a manner that encourages independent initiative and critical thinking: 1. Problem-solving: identifying the main concepts and issues in problem situations and formulating solutions will be accomplished through practical work in lectures, seminars, and assessments 2. Leadership and interpersonal skills - will be emphasised throughout all learning activity. Seminars and online will be used to encourage co-operation and teamwork in the formulation and presentation of work 3. Communication - the ability to use appropriate language and form when writing and speaking will be enhanced by making verbal presentations in, and preparing written work for, seminars, as well as through coursework. 4. Research skills - the ability to enhance research skills will be acquired though carrying out research for class tasks and assessed coursework.
Module structure Activity Total hours Lectures 22 Tutorials 0 Practicals 0 Seminars 11 Independent Learning 79 Assessment 38 Placement 0
Assessment methods Component Duration Weighting Threshold Description Course Work001 50 45 Blog, 2,000-words Course Work002 50 45 Case Study 2,000-words.