FIS 2000: FINANCIAL SYSTEM
Tutor: Mr. A. Kamuinjo
STATEMENT ABOUT ACADEMIC HONESTY AND INTEGRITY
All students, upon signing this course outline, commit themselves to abide by the policies and rules of the institution. The core activity of ABN is learning and in this respect academic honesty and integrity is very important to ensure that learning is valid, reliable and credible.
ABN therefore does not condone any form of academic dishonesty, including plagiarism and cheating on exams and assessments, amongst other such practices. ABN requires students to always do their own assignments and to produce their own academic work, unless given a group assignment.
Academic Dishonesty includes, but is not limited to:
- Using the ideas, words, works or inventions of someone else as if it is your own work.
- Using the direct words of someone else without quotation marks, even if it is referenced.
- Copying from writings (books, articles, webpages, other students’ assignments, etc.), published or unpublished, without referencing.
- Syndication of a piece of work, all or part of an assignment, by a group of students, unless the assignment was a legitimate group assignment.
- The borrowing and use of another person’s assignment, with or without their knowledge or permission.
- Infringing copyright, including documents copied or cut and pasted from the internet.
- Asking someone else to prepare an assignment for you or to write or sit an assessment for you, whether this is against payment or not.
- Re-submitting work done already for another course or programme as new work, so-called self-plagiarism.
- Bringing notes into an examination or test venue, regardless of whether the notes were used to copy or not.
- Receiving any outside assistance in any form or shape during an examination or test.
All forms of academic dishonesty are viewed as misconduct under ABN Student Rules and Regulations. Students who make themselves guilty of academic dishonesty will be brought before a Disciplinary Committee and may be suspended from studying for a certain time or may be expelled. All students who are found guilty of academic dishonesty shall have an appropriate endorsement on their academic record, which will never be erased.
1. Objectives of the Course
This course aims to critically examine the role of financial institutions within an economy.
2. Course Content
The module provides an introduction to financial system; types of financial markets and financial intermediaries; monetary system and liquidity in banking and business; basic monetary terms and concepts; global financial system and international institutions.
3. Learning Outcomes
Upon completion students should be able to:
· Explain the importance of the financial market;
· Evaluate the functions performed by various financial market;
· List and explain the money market instruments;
· Define basic monetary terms of concepts;
· Explain the importance of the global financial system and its structure.
4. Module Assessments
• Continuous assessment 40%: Two assignments
• Examination 60%: 3 hours examination paper
5. Recommended Textbooks:
Copeland, T.E and J.F. Weston (1998): Finanacial Theory and Corporate Policy, Addison-Wesley, West Sussex (ISBN 978-0321223531)
Fama E.F. (1976): Foundations of Finance, Basic Books Inc., New York (ISBN 978-0465024995)
Fry, M. (1995), Money, Interest, and Banking in Economic Development, (Second Edition), Baltimore: Johns Hopkins Unversity Press.
Mishkin, F.S. (1992), ‘The Economics of Money, Banking, and Financial Markets’. Third edition, Mishkin Economics, Inc, USA.
Mishkin, Frederic S. (2007). The Economics of Money, Banking, and Financial Markets (Alternate Edition). New York: Addison Wesley. pp. 70. ISBN 0-321-42177-9.
6. Criteria for evaluation
The assignment must be your work and in your words. Avoid plagiarism and copying from a colleague. When utilizing books and journal articles make sure that you reference the authors correctly. Failure to do this will be penalized.
It must be word processed, double spaced, printed single sided on A4 paper, and held together by a single staple.
Plagiarism is taken extremely seriously and students should be aware of both what it is and how it can be avoided. Remember to always reference any work that is not originally your own ideas. Consequences of plagiarism could lead to disciplinary action against you.