bank financial management
Bank Financial Management
product: 4267 | course code: c222 | c322
Bank Financial Management
© Centre for Financial and Management Studies,
SOAS, University of London
Published 2004, 2006, 2007, revised 2009, 2010
All rights reserved. No part of this course material may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, including photocopying and recording, or in information storage or retrieval systems, without written permission from the
Centre for Financial & Management Studies, SOAS, University of London.
Bank Financial Management
Course Introduction and Overview
Contents
1
Course Objectives
3
2
The Course Structure
4
3
Learning Outcomes
5
4
Study Materials
6
5
Study Advice
7
6
Assessment
7
Bank Financial Management
2
University of London
Course Introduction and Overview
1
Course Objectives
Welcome to this course on Bank Financial Management. At the outset, it is worth noting that this course has a somewhat more applied feel to it than many other courses in the Masters and Postgraduate Diploma programme, focusing as it does on the microeconomic problems of financial management of banking firms. This does not mean, however, that the course is devoid of theoretical interest.
The course begins by examining, in Unit 1, some of the major changes that have occurred in banking since the late twentieth century. With the benefit of hindsight they can be seen as precursors of the banking crisis of 2007–09, which had its origins and focus in the large banks of the United States and
United Kingdom. The unit discusses the changes from that perspective. Our main purpose in the unit is to show how bank financial management is a dynamic and changing practice.
Unit 2 focuses on the importance that measurement has for bank financial management and introduces banks’ financial accounts as a prime measurement tool. The unit
product: 4267 | course code: c222 | c322
Bank Financial Management
© Centre for Financial and Management Studies,
SOAS, University of London
Published 2004, 2006, 2007, revised 2009, 2010
All rights reserved. No part of this course material may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, including photocopying and recording, or in information storage or retrieval systems, without written permission from the
Centre for Financial & Management Studies, SOAS, University of London.
Bank Financial Management
Course Introduction and Overview
Contents
1
Course Objectives
3
2
The Course Structure
4
3
Learning Outcomes
5
4
Study Materials
6
5
Study Advice
7
6
Assessment
7
Bank Financial Management
2
University of London
Course Introduction and Overview
1
Course Objectives
Welcome to this course on Bank Financial Management. At the outset, it is worth noting that this course has a somewhat more applied feel to it than many other courses in the Masters and Postgraduate Diploma programme, focusing as it does on the microeconomic problems of financial management of banking firms. This does not mean, however, that the course is devoid of theoretical interest.
The course begins by examining, in Unit 1, some of the major changes that have occurred in banking since the late twentieth century. With the benefit of hindsight they can be seen as precursors of the banking crisis of 2007–09, which had its origins and focus in the large banks of the United States and
United Kingdom. The unit discusses the changes from that perspective. Our main purpose in the unit is to show how bank financial management is a dynamic and changing practice.
Unit 2 focuses on the importance that measurement has for bank financial management and introduces banks’ financial accounts as a prime measurement tool. The unit
References: and Websites BBC (2008) ‘Back to ye olden days banking?, BBC News Magazine, 21 October: www.bbc.co.uk Airdrie Savings Bank (2008) ‘Airdrie, Lanakshire: How one bank stuck to Buffet Warren (2003) Chairman’s Letter to shareholders, Berkshire Hathaway Ltd, February, http://image.guardian.co.uk/sys-files/ Duffie Darrell (2008) ‘Innovations in credit risk transfer: implications for financial stability’, BIS (Bank for International Settlements) Working ISDA (International Swaps and Derivatives Association) (2009) The Economist, 13 February (Figure 1.1), Website: http://www.isda.org/statistics/pdf/ISDA-Market-Survey-historicaldata.pdf Keegan William (2009) ‘Once upon a time, we had what were called Koch Timothy W and S Scott MacDonald (2010) Bank Management, Seventh edition, Mason Ohio USA: South-Western CENGAGE Learning. Poole William (2008) ‘Financial Innovation: Engine of Growth or Source of Instability?’, speech given at University of Illinois, Springfield, March Rochet Jean-Charles (2008) Why are there so many banking crises?, Princeton USA: Princeton University Press.