Consumers, Ethics and Regulation in Finance
| Code | School | Level | Credits | Semesters |
| BUSI4424 | Business | 4 | 10 | Autumn UK |
- Code
- BUSI4424
- School
- Business
- Level
- 4
- Credits
- 10
- Semesters
- Autumn UK
Summary
The context of financial services with a particular focus on the UK, including
• Current regulatory developments, consumer policy initiatives and current market developments and controversies
• A focus on the challenges associated with the marketing of financial services and how the principles and tactics of marketing are employed in financial services markets
• Coverage of the debate surrounding the importance of ethics and professionalism in financial services provision
• Detailed analysis of consumer behaviour and in particular decision making in financial services markets
Target Students
Only available for MSc Banking & Finance students and MSc Exchange students.
Classes
- One 2-hour lecture each week for 11 weeks
22 hours lectures 50 hours independent study 28 hours revision and exam preparation
Assessment
- 100% Take home exam (24-hour): Take home exam. Reassessment of this module will be 100% exam.
Assessed by end of autumn semester
Educational Aims
To provide students with a detailed insight into and understanding of:• The context within which consumers and firms operate in financial services markets• The challenges associated with the marketing of financial services• Current understanding of consumer behaviour and decision making and attendant implications for firms and policymakersLearning Outcomes
Knowledge and Understanding
• The dynamics of the global economy and international business &/or an awareness
of cultural, legal/regulatory, political, and economic differences across countries &/or
an appreciation of management issues from a global perspective
• Markets - the development and operation of markets for resources, goods and services
Intellectual Skills
• Being able to think critically and be creative: manage the creative processes in self and others; organise thoughts, analyse, synthesise and critically appraise. This includes the capability to identify assumptions, evaluate statements in terms of evidence, detect false logic or reasoning, identify implicit values, define terms adequately and generalise appropriately
Transferable (Key) Skills
• Effective communication: networking, listening, oral and written communication of complex ideas and arguments, using a range of media, including the preparation of business reports
• High personal effectiveness: critical self-awareness, self-reflection and self-management; time management; conflict resolution, displaying commercial acumen, the ability to continue to learn through reflection on practice and experience