Module Code: |
6CIIFS |
Long Title
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Contemporary Issues in International Financial Services
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Title
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Contemporary Issues in International Financial Services
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Module Level: |
LEVEL 6 |
EQF Level: |
5 |
EHEA Level: |
Short Cycle |
Module Coordinator: |
JONATHAN BRITTAIN |
Module Author: |
Eileen Long |
Departments: |
School of Business
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Specifications of the qualifications and experience required of staff |
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
# |
Learning Outcome Description |
LO1 |
Discuss the nature and scope of global financial markets and their interdependence. |
LO2 |
Differentiate between different market terms and clearly define many of the key market relationships that exist |
LO3 |
Explain the basic roles of asset allocation when it comes to portfolio management as well as an overview of what it means to invest. |
LO4 |
Examine the behaviours involved in the professional financial marketplace, including issues of rationality and predictability |
LO5 |
Explain the role and the regulation of Digital Financial Assets in the marketplace, including cryptocurrencies, sustainable finance, the evolution of money, ethical behaviour, and ESG investing. |
LO6 |
Discuss the role of Technology and Artificial Technology in marketplace, together with its possible future role in personal asset allocation, risk profiling, and client understanding. |
Dependencies |
Module Recommendations
This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
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No recommendations listed |
Co-requisite Modules
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No Co-requisite modules listed |
Module Content & Assessment
Indicative Content |
Introduction to Financial Matters
Why Financial Markets Matter
The Evolution of Markets and Investing
The World Interconnected – M&A activity
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Market Terms and Key Relationships
Key Market Terms: Buyer V Seller, Long Vs Short, Short Squeeze, Bid-Offer Spread, market Depth, Common Market Orders, Liquid V Illiquid Markets, Market Makers V Price Takers, Arbitrage, P/E Ratios, Dividends, Debt Vs Equity Instruments, Trader Vs Broker, Buy Side Vs Sell Side, Portfolio Allocation
Inflation and Interest Rate Relationship
Put-Call Parity Relationship
Trading Vs Investing
Credit Card Debt V Mortgage Debt
Information and Efficient Market Hypotheses (EMH)
ETFs V Mutual Funds
Assets Vs Liabilities
Passive Vs Managed Investments
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Introduction to Investing
Debt, Equity, Commodity, FX Asset Classes
Simple Rules
Fractional Dealing
Risk Appetite and Time Horizon
Investing & Trading Platforms
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Portfolio Building and Asset Allocation
Introduction to the Capital Asset Pricing Model (CAPM)
The Efficient Frontier
Risk Free Return
Conservative Vs Aggressive Asset Allocation
Financial Lifecycle
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Introduction to Derivatives and Options
Calls and Puts
Simple Structures
Exercise Vs Lapse Outcomes
Multiple Structures
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Behavioural Finance in Markets
How we learn and assimilate information
Groups are predictable, Individuals are not
Investors are Irrational
Trading – a kind of personality trait
Herding and Pathfinding
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A Mortgage is a Debt Instrument
Household Budgets
Fixed V Floating Mortgages
First Time Buyers Vs Buy to Let (BTL)
Real Estate Investment Trusts (REITS)
Rental Income – Slow Burn
Accessing Equity and Re-mortgaging
Basic Mortgage Terms
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The Role of Artificial Intelligence in Markets
AI determining your risk appetite, your investment time horizon, your access to funds
AI and pattern recognition in markets - allocating funds to tailor suit individuals
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Digital Assets in Finance
The Evolution of Money
The Rise and Future of Cryptocurrencies
Blockchain Technology
Financial Apps
Digital Assets as Tokens (NFTs)
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More Contemporary Issues
Islamic Banking & Finance
Sustainable Finance (ESG)
Ethics in Capital Markets
Environmental, Social and Governance (ESG) Investing
The Next Banking Crisis – Silicon Valley Bank (SVB), Credit Suisse
The Future of the European Single Market
Current Issues and trends
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Assessment Breakdown | % |
End of Module Assessment | 50.00% |
Workplace Assessment | 50.00% |
AssessmentsFull Time
End of Module Assessment |
Assessment Type: |
Terminal Exam |
% of total: |
50 |
Assessment Date: |
End-of-Semester |
Outcome addressed: |
3,4,5,6 |
Non-Marked: |
No |
Assessment Description: Open Book Time Constrained Exam
The method of assessment for this module is a minimum three-hour exam. The end of term exam paper consists of five questions on the material covered in lectures, tutorials, group exercises and presentations carried out by learners during the course, answer 3. |
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Workplace Assessment |
Assessment Type: |
Assignment (0350) |
% of total: |
50 |
Assessment Date: |
n/a |
Outcome addressed: |
1,2,3 |
Non-Marked: |
No |
Assessment Description: Essay format on a choice of subjects covered to date in the module.
Learners will have the opportunity to investigate a contemporary issue relating to the curriculum, at their own workplace. Indicative in the investigation will be gaining research from management about experiences during times of economic stress, as well as outcomes and changes made in the marketplace. |
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NCIRL reserves the right to alter the nature and timings of assessment
Module Workload
Module Target Workload Hours 0 Hours |
Workload: Full Time |
Workload Type |
Workload Description |
Hours |
Frequency |
Average Weekly Learner Workload |
Lecture |
No Description |
36 |
Per Semester |
3.00 |
Tutorial |
No Description |
20 |
Per Semester |
1.67 |
Directed E-Learning |
No Description |
20 |
Per Semester |
1.67 |
Independent Learning |
No Description |
144 |
Per Semester |
12.00 |
Workbased learning |
No Description |
30 |
Per Semester |
2.50 |
Total Weekly Contact Hours |
8.83 |
Module Resources
Recommended Book Resources |
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Hull, John (2021) Options, futures and other derivatives. 11th ed. Hoboken, New Jersey: Pearson..
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Langlois, H. and Lussier J., (2017), Rational Investing: The Subtleties of Asset Management, Columbia Business School Publishing.
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Manos, R., Parker, K. et al. (2022), Corporate Finance for Business: The Essential Concepts, 2nd Ed. Palgrave Macmillian, London..
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Ozili, P.K., (2021), Making Sustainable Finance Sustainable, Financial Internet Quarterly, Business Source Ultimate.
| Supplementary Book Resources |
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Bouri, E., Gupta, R. and Roubaud, D., (2019). Herding Behaviour in Cryptocurrencies. Finance Research Letters, 29, pp.216-221..
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Chen, Y., She, C., Wu, Q. and Wang, H., (2022)., The Ineffectiveness of Capital Asset Pricing Model (CAPM) and its possible solutions. 7th International Conference on Financial Innovation and Economic Development pp. 105-111. Atlantis Press..
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Eun, C.S. and Resnick, B.G. (2020), International Financial Management, International Ed. McGraw-Hill, New York..
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Gurinovich, A.G., Lapina, M.A., Tolstopyatenkop, G.P. and Patrikeev, P.A., (2022), About Approaches to the Definition of Concept and Problems of Legal Regulation of Digital Financial Asset, Public Organisation Review.
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Madura, J. (2017), International Corporate Finance, 13th Ed. Thomson South Western, London..
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Mhlanga, D., (2020). Industry 4.0 in finance: the impact of artificial intelligence (ai) on digital financial inclusion. International Journal of Financial Studies, 8(3), p.45..
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Oseni, U.A. and Ali, S.N. eds., (2019). Fintech in Islamic finance: Theory and practice. Routledge..
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Vlahovic, N., Brozovic, V., and Shavic, F., (2021), Investor Classification Model based on Behavioural Finance Studies, Croatian Society MIPRO.
| This module does not have any article/paper resources |
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Other Resources |
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https://www.tradingview.com/.
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https://www.cso.ie/en/index.html.
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https://data.oecd.org/ireland.htm.
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https://www.morningstar.co.uk/uk/.
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https://finance.yahoo.com/.
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https://www.reuters.com/.
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https://www.bloomberg.com/markets.
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https://www.marketwatch.com/.
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