Banking Theory and Practice
Module code: 6FNCE001W
Faculty: Westminster Business School
Credit Level: 6
Credit value: 20
Available to: Westminster Business School students only, however students on some courses are unable to choose Westminster Electives – see list of exemptions. Please note elective modules are subject to availability.
This module will provide you with a wide-ranging knowledge of modern banking theories and bank functions in practice. It focuses on issues related to banking structure, regulations, lending policies and procedures, and risk management, themes which are addressed from a global perspective. Subjects you will explore within the syllabus include the role of banks and the theories of financial intermediation, the role of the central bank, types of banking and banking products, global banking regulations, structures and systems, banking lending policies and procedures, risk management, hedging techniques, interest rate theories, and Islamic banking products and practices.
By the time you complete the module you will have developed a critical understanding of the banking business function, and UK and global banking regulations. You will also be able to evaluate the lending policies and procedures followed by banks, and examine the different risks faced by banks and their hedging techniques.
The learning process is arranged as a mix of weekly formal lectures, which develop your critical thinking of banking and compliance and enhance your knowledge of banking concepts and strategies, and seminars/workshops using problem solving and mini-case scenarios to reinforce lecture themes. Assessment will be divided between a 1,000-word coursework assignment, and a final closed-book exam.
This module will only be available from 2017/18 academic year.