Newcastle University

Aims

This module aims to provide students with a detailed understanding of the nature and role of retail banks, investment banks and the corporate bank, within the domestic and international financial system. Online banking and new–developments in online banking such as zone of possible agreement companies will also be covered.

Original Summary:
This module gives an overview of the domestic and international financial system and the role of retail, investment banks and the corporate bank within these systems. The module involves discussion of banking from a theoretical perspective but also deals with the historical evolution of banks, including the most recent developments such as on-line retail banking and the significance of regulatory changes for investment banking.

Outline Of Syllabus

1. Overview of the Financial System.
2. Theoretical Models of the Banking Firm.
3. Conventional Descriptive Models of Banks.
4. The Investment Bank.
5. The Corporate Bank.
6. On-line Banking.
7. Banks and Risk Management.

Teaching Rationale And Relationship

• Lectures provide the basic structure of the methods and theories that are introduced and an overview of the current issues.
• Seminars provide an opportunity to enhance understanding of the theoretical aspects of the module.

Assessment Rationale And Relationship

The essay tests understanding of the theoretical and current issues.