ECM146-Banking in Emerging Economies

Module Provider: School of Politics, Economics and International Relations
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Spring term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Prof Giovanni Razzu


Summary module description:

Students will become familiar with the nature and the functions of the banking sector with particular focus on emerging markets. Specifically they will gain an understanding of: (a) the main structural features of banking systems; (b) the main changes that have occurred in emerging banking markets in recent years; (c) the role of public sector ownership and foreign ownership in banking markets; (d) the main problems and policy options in financial liberalisation programmes.

Assessable learning outcomes:
The module provides an economic analysis of the problems relating to banking sector policies in emerging economies. There is a strong link between theoretical and empirical examples by using case studies. Students will be able to analyse problems and offer recommendations on issues regarding bank reform in transition economies.

Additional outcomes:
Students will master the ability to work independently under pressure and make their own decisions on the organisation of their work. They will also develop generic skills for future employment and career development.

Outline content:
The module provides a comprehensive overview of the current theoretical research in banking in particular in emerging economies. Students will become familiar with the theoretical analysis of the banking sector in emerging economies and examine amongst other issues the establishment of a payments system, the problems of bad loans, bank profitability and privatisation, the role of foreign banks as well as the issues of bank failures and banking crises.

Brief description of teaching and learning methods:
Detailed guidance on the main topics of the syllabus and key references are provided in ten 2-hour sessions of lectures, questions and discussions, and 1 x 1 hour revision class.

Contact hours:
  Autumn Spring Summer
Lectures 21
Guided independent study 159 20
Total hours by term 180.00 20.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 70
Written assignment including essay 15
Class test administered by School 15

Other information on summative assessment:
Two pieces of coursework are required, one class test and one written assignment, each worth 15% of the overall mark.

Formative assessment methods:

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Length of examination:
One 2-hour unseen written paper, intended to be comprehensive of everything covered in the module.
Postgraduate examinations are held in the Summer term.

Requirements for a pass:
A minimum weighted average mark of coursework and examination of 50%.

Reassessment arrangements:
Re-examination for all modules takes place in August/September of the same year.
Re-assessment is by examination only; coursework is not included at the second attempt.

Additional Costs (specified where applicable):
1) Required text books: Introduction to Banking, 2015 by Barbara Casu, Claudia Girardone and Philip Molyneux. RRP £45.59, but also available in the library and for free online.
2) Specialist equipment or materials:
3) Specialist clothing, footwear or headgear:
4) Printing and binding:
5) Computers and devices with a particular specification:
6) Travel, accommodation and subsistence:

Last updated: 15 September 2017

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