IC101-Introductory Securities and Markets

Module Provider: ICMA Centre
Number of credits: 20 [10 ECTS credits]
Level:4
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Module version for: 2016/7

Module Convenor: Prof Brian Scott-Quinn

Email: b.scott-quinn@reading.ac.uk

Summary module description:
This module is delivered at University of Reading and University of Reading Malaysia.

Aims:
To provide participants with an understanding of the finance industry and financial concepts as preparation for later modules including the Term 2 module, “Introduction Finance/ Trading Simulation”. The module focusses on understanding the processes of financial intermediation through balance sheets, the provision of long-term finance and the provision of asset liquidity to savers. It also covers industry structure and explains the distinction between the balance sheets and regulatory framework of the different sectors.

Assessable learning outcomes:
At the end of the module students should have a basic understanding of the structure and functions of commercial banking, investment banking and asset management and an understanding of key aspects of the financial services industry and of the functioning of securities exchange mechanisms.

Additional outcomes:

Outline content:
1. The Fundamentals of Finance, Markets, Valuation and Financial Firms
2. Primary Markets: Funding Liquidity and External Capital Allocation through Credit and Capital Markets
3. Secondary Markets: Market Liquidity and Market Failure
4. Assessing and Managing Risk in Asset Portfolios
5. The Role of Governance and Strategy – case studies
6. But side trading simulation


Brief description of teaching and learning methods:

Contact hours:
  Autumn Spring Summer
Lectures 20
Seminars 10
Tutorials 15
Guided independent study 155
       
Total hours by term 200.00
       
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 60
Class test administered by School 40

Other information on summative assessment:
Weekly MCT on each section of textbook

Formative assessment methods:

Penalties for late submission:

The following penalties will be applied to coursework which is submitted after the deadline for submission:
• where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark;
• where the piece of work is submitted more than one calendar week after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.
(Please refer to the Undergraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guideUG.aspx)

The Module Convenor will apply the following penalties for work submitted late, in accordance with the University policy.
  • where the piece of work is submitted up to one calendar week after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for the piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.

  • The University policy statement on penalties for late submission can be found at: http://www.reading.ac.uk/web/FILES/qualitysupport/penaltiesforlatesubmission.pdf
    You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

    Length of examination:
    One 3-hour unseen paper, comprising of a multiple-choice section and essay-type questions.

    Requirements for a pass:
    A minimum mark of 40%.

    Reassessment arrangements:
    Re-examination for Part 1 modules takes place in August / September of the same year.

    Additional Costs (specified where applicable):
    1) Required text books:
    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: 21 December 2016

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