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ULMS Electronic Module Catalogue
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Banking and the Financial System
Code ACFI330
Coordinator Dr V Saadi
Finance and Accounting
Vahid.Saadi@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2025-26 Level 6 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):
 

Modules for which this module is a pre-requisite:
 

Programme(s) (including Year of Study) to which this module is available on a required basis:
 

Programme(s) (including Year of Study) to which this module is available on an optional basis:
 

Teaching Schedule
  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 24

 6

         30
Timetable (if known)              
Private Study 120
TOTAL HOURS 150

Assessment
EXAM Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
Assessment 1: MCQ Midterm Assessment Type: Written Exam, Not Managed by SAS Duration: 1 hour Weighting: 30 % Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Penalty Applie  1    30       
Assessment 2: Unseen Final exam Assessment Type: Written Unseen Exam, Managed by SAS Duration: 2 Hours Weighting: 70 % Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Pena  2    70       
CONTINUOUS Duration Timing
(Semester)		 % of
final
mark		 Resit/resubmission
opportunity		 Penalty for late
submission		 Notes
             

Aims

This module aims to equip students with a good knowledge of the financial system and its key players. Upon successful completion of this course, the students should be able to identify the key players in the financial system, critically evaluate their business models, and analyse their role in the financial system.

Learning Outcomes

(LO1) Students will be able to explain the structure of the financial system

(LO2) Students will be able to compare and contrast the business models of various financial institutions

(LO3) Students will be able to critically evaluate the contribution of various players to the financial system

(S1) Commercial Awareness

(S2) Communication

(S3) Digital Fluency

(S4) Lifelong Learning

Teaching and Learning Strategies

Teaching Method - Lectures
Description: Lecture (12 Lectures of 2 hours each)
Scheduled Directed Student Hours: 24 hours
Attendance Recorded: Yes
Students will attend the weekly 2 hours lecture during which the key concepts will be introduced.

Teaching Method – Seminar (6 seminars of 1 hour each)
Description: Face to face sessions
Scheduled Directed Student Hours: 6 hours
Attendance Recorded: Yes
The seminar will take place over 6 weeks. During these sessions, students will be presented with a range of exercises and case studies.

Self-Directed Learning Hours: 120 hours
Description: These independent learning hours are aimed at supporting the directed student learning. The module leader will provide guidance in the form of suggested readings, topics, or self-assessment quizzes to complete with the expectation that students are well prepared to contribute to the tutorial activities and to understand the content of lectures.

Journal articles and/or financial press articles will be used to enrich the learning. The teaching will also be supported by individual online activities. These include self-assessment quizzes that enable students to evaluate their own learning and receive formative feedback instantaneously. Discussion boards will be used to further foster the exchange of ideas, thus deepening the knowledge of students and improving their communication skills. These activities will be moderated by the module instructor. Students will also be directed to key academic and practitioner readings to further develop their learning.

Skills/Other Attributes Mapping

Skills / attributes: Commercial Awareness
How this is developed: In lectures and seminars by linking the module’s content to developments in the business-world.
Mode of assessment (if applicable): MCQ and Exam

Skills / attributes: Communication
How this is developed: By contributing to in-class discussions (lect ures and seminars).
Mode of assessment (if applicable): Exam

Skills / attributes: Digital Fluency
How this is developed: By using digital tools and specialist software to engage with the course material, collaborate and communicate with others.
Mode of assessment (if applicable): MCQ

Skills / attributes: Lifelong Learning
How this is developed: In lectures and seminars by critically thinking about the business models of financial institutions.
Mode of assessment (if applicable): MCQ and Exam

Syllabus
 

•The importance of financial institutions
•Banks
•Central banks
•Insurance companies
•Pension funds

Recommended Texts
Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.