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Last modified: 25 May 2018 11:16

Course Overview

This course provides students with an understanding of the financial system, primarily from a UK perspective, introducing students to the reasons for, and nature of, financial markets and institutions before moving on to explore the need and importance of financial regulation, and investigating the causes and consequences of the recent global financial crisis. The course will introduce students to a variety of topics including the role of wholesale and retail banks, non-bank financial institutions, the debt and equity markets, and the derivative markets; market efficiency, UK and international regulation, consumer protection and market abuse.

Course Details

Study Type Undergraduate Level 2
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
  • Dr Yitzie Dong

Qualification Prerequisites

  • One of Programme Level 2 or Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

  • One of FI1004 Finance 1: Finance, Risk and Investment (Passed) or PO1001 Introduction to Investment and Finance (Passed) or PO1002 Finance, Risk and Investment (Passed)
  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?

  • AC2527 Financial Markets and Regulation (Studied)

Are there a limited number of places available?


Course Description

  1. Analysis of the economics of financial markets, services and products.
  2. Identification of the sources and persistence of market failure in financial services and the classic regulatory issues.
  3. Study of the regulatory issues, models and structures exposed in the regulation of the banking industry, in the UK and internationally.
  4. Extension of regulatory principles to the analysis of other segments of financial services, notably markets in insurance.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers

Details, including assessments, may be subject to change until 30 August 2024 for 1st half-session courses and 20 December 2024 for 2nd half-session courses.

Summative Assessments

1st Attempt: 

  • Continuous assessment 30%
  • 2 hrs examination 70%


Resit: 1 two-hour written examination (100%).

Formative Assessment

Generic feedback on seminar work following each seminar. Feedback on group report.


Seminar leaders will deliver written feedback to seminar groups after each seminar. Groups receive written feedback and indicative CAS on the assessed case study report within 2 weeks of submission.

Course Learning Outcomes


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