The operations of the New Zealand banking system and capital markets and the management of financial institutions.
The paper explores financial intermediation and banking in New Zealand and internationally, with emphasis placed on assessing the performance, evolution and regulation of banks and other financial intermediaries.
| Paper title | Financial Markets and Institutions |
|---|---|
| Paper code | FINC304 |
| Subject | Finance |
| EFTS | 0.15 |
| Points | 18 points |
| Teaching period | Not offered in 2023 (On campus) |
| Domestic Tuition Fees (NZD) | $912.00 |
| International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Prerequisite
- One of ACCT 233, ACFI 201, FINC 202, FINC 206
- Restriction
- ACFI 304
- Schedule C
- Commerce
- Contact
- Teaching staff
- Paper Structure
- The paper explores financial intermediation and banking in New Zealand and internationally,
with emphasis placed on assessing the performance, evolution and regulation of banks
and other financial intermediaries. This is achieved through the linking of theory
and contemporary practice with respect to how banks and other financial services firms
are managed, regulated and analysed.
The paper will explore a range of questions, such as: Why do banks exist? Why are banks important in a modern economy? Are bank customers' funds secure in a world with increasing risk and uncertainty? How can we use accounting information to understand the performance of banks? What is the future of banking internationally and in New Zealand? - Teaching Arrangements
- This paper is taught through lectures and tutorials.
- Textbooks
Rose, Peter, and Sylvia Hudgins. Bank Management and Financial Services. The McGraw- Hill, 2013 (9th editions).
- Course outline
- View the course outline for FINC 304
- Graduate Attributes Emphasised
- Communication, Critical thinking, Self-motivation.
View more information about Otago's graduate attributes. - Learning Outcomes
Students who successfully complete this paper will:
- Be able to appraise the role of banks in a modern society
- Be able to analyse the financial statements of banks
- Understand why banks and financial services need regulation and distinguish between the different types of regulation
- Critically comprehend international differences in the structure and conduct of financial services
- Be able to identify financial risks facing banks and understand the principal methods for managing those risks
- Critically evaluate the impact of the main environmental forces of change on the strategies and performance of modern global banks
