Heaf Professional College


MONEY, BANKING & FINANCIAL SYSTEMS

The Program comprehensively covers the roles of financial systems and introduces financial institutions; it looks at interest rates and asset valuation, money supply and demand, and monetary policy and the main types of financial markets. It is written to meet the needs of those requiring good grounding in financial economics theory, combined with institutional and policy matters affecting the world today.

The Program uses many illustrations and examples to explain the subjects. It considers both traditional issues of monetary policy and the independence of central banks, and also more recent, contemporary issues such as the transparency with which central banks conduct monetary policy.

This Program is a high-level, comprehensive and rigorous Program designed for men and women aiming to make successful careers in banking and financial services, and in positions and jobs which need a good grounding in financial economic theory and practice.

This demanding graduate-level Program is confirmation of your ability to successfully undertake further studies at graduate levels, in banking, financial services, investment, and related business, economics, management and related studies.

SUMMARY OF MAJOR TOPICS COVERED INCLUDE:

  • The role of a financial system
  • Introduction to financial systems
  • The UK financial system
  • The US financial system
  • The determination of short-term interest rates
  • The structure of interest rates
  • The valuation of assets
  • Banks and the supply of money
  • The demand for money
  • Monetary policy
  • Money markets
  • Bond markets
  • Equity markets
  • Foreign exchange markets
  • Derivatives – the financial futures markets
  • Options, swaps and other derivatives


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