The objective of this course is to introduce students to the role of Banking and Finance in an economy, and the unique managerial issues that confront financial institutions. Specific topics to be covered include: Organisational Structure of Financial Institutions, The Legal Framework and the Legal Constraints within which Financial Institutions operate, An Introduction to the Services provided by banks to both Retail and Business Sectors, The risks to which Financial Institutions are exposed, Why Monetary Policy includes Regulation of the banking Systems and the means employed.
FINA2003
This course is designed to provide abroad country-context, but focuses on the Caribbean environment. Its aim is to provide learners with a thorough understanding of the role of IT in the delivery of financial services and the major software packages employed in the financial services industry in addition to the associated risks and policies governing the application of technology.
Assessment: 100% Continuous Assessment.
Essential Readings–Electronic copies of essential ‘Readings’ will be provided in the course. Students are not required to purchase a text but in the event that you can get a copy please do so.
Recommended Texts-
These texts are good to have but are not compulsory.
a) Chaffey, Dave E-business and E-commerce published by Pearson Higher Education IBSN 0273683780
b) b) Rainer,Turban,Introduction to Information Systems: Supporting and Transforming Business(2008)-2nd Edition published by California State University
c) Baschab, Piot, The Executive’s Guide to Information Technology (2007) published by Wiley & Sons Inc.
FINA2004
This course covers the elements of investments, the construction of optimal investment portfolio using common stocks, bonds, etc. that suit the objectives of different types of investors. Methods of measuring portfolio performance, the risk of return trade off and the efficient diversification of risk are also examined. The course also highlights the issues surrounding investment of large pools of institutional funds such as pension funds, mutual funds, endowments, and capital holdings of insurance companies.
FINA2005
The objective of this course is to provide students with a thorough understanding of the major risks confronting financial institutions, and the techniques used to manage these risks. Specific topics to be covered include: types of risk; basic concepts and models of operational risks; credit risk analysis and valuation for financial institutions; loan portfolio management; and compliance programs and internal audits to reduce risks and exposure.
