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FINC304 Financial Markets and Institutions

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 0.1500
Points 18 points
Teaching period First Semester
Domestic Tuition Fees (NZD) $846.30
International Tuition Fees (NZD) $4,073.10

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Prerequisite
One of ACCT 233, ACFI 201, FINC 202, FINC 206
Restriction
ACFI 304
Schedule C
Commerce
Contact
ivan.diaz-rainey@otago.ac.nz
Teaching staff
Dr Ivan Diaz-Rainey
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
  • An ability to appraise the role of banks in a modern society
  • An ability 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
  • An ability to identify financial risks facing banks and understand the principal methods for managing those risks
  • To critically evaluate the impact of the main environmental forces of change on the strategies and performance of modern global banks

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Timetable

First Semester

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
None

Lecture

Stream Days Times Weeks
Attend
L1 Monday 10:00-11:50 9-15, 18-22
Thursday 10:00-10:50 9-16, 18-22

Tutorial

Stream Days Times Weeks
Attend one stream from
T1 Monday 14:00-14:50 9-16, 18-22
T2 Monday 15:00-15:50 9-16, 18-22
T3 Thursday 14:00-14:50 9-16, 18-22
T4 Thursday 15:00-15:50 9-16, 18-22