IF3206 Cass Business School UG Programme (Cass Business School)

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1 MODULE SPECIFICATION UNDERGRADUATE PROGRAMMES KEY FACTS Module name Module code School Department or equivalent UK credits 15 ECTS 7.5 Level 6 Delivery location (partnership programmes only) MODULE SUMMARY Module outline and aims Emerging Markets IF3206 Cass Business School UG Programme (Cass Business School) The aim of this module is to familiarise you with financial issues pertaining to investment decisions in emerging markets. The module will draw extensively from the experiences of South East Asia, Latin America and the transition economies. Content outline - Characteristics of emerging markets - Financial development and economic growth - Exchange rate policies in emerging markets - International capital flows and capital account liberalisation - Financial crises and contagion - Financial globalisation and emerging markets - Investing in Emerging Markets WHAT WILL I BE EXPECTED TO ACHIEVE? On successful completion of this module, you will be expected to be able to: Knowledge and understanding: -Explain the effects of financial regulation and liberalisation

2 -Explain the determinants of growth potential -Explain determinants of stock market returns -Evaluate the effects of policy and financial development on economic growth -Explain the behaviour of capital markets -Evaluate the implications of financial globalisation -Perceive the dynamic interrelationships of emerging and developed markets Skills: -Assess structural and reduced form modelling -Develop ability to debate -Develop problem-solving skills through addressing comparative static and other exercises -Develop analytical skills through synthesizing qualitative and quantitative information Values and attitudes: -Perceive that markets can fail -Perceive that regulations can impact on economic agents' behaviour HOW WILL I LEARN? A variety of learning and teaching methods will be used in this course. Lectures are used to introduce context, concepts and techniques illustrated with practical and current examples. You will also have the opportunity to participate in class discussions and work through examples and exercises with the support of the lecturer. It is strongly recommended that you attend ALL lectures. Key learning and teaching resources will be put on the module website on Moodle. In the independent study time you are encouraged to read widely and in depth around particular topics in preparation for lectures and tutorials. You may also spend time working through sample exercises and questions. In addition you will be preparing and undertaking your coursework assignments and preparing for your final examination. Teaching pattern:

3 Teaching component Teaching type Contact Selfdirected study Placement Total student learning Lectures Lecture Totals WHAT TYPES OF ASSESSMENT AND FEEDBACK CAN I EXPECT? Assessments This module is assessed by Coursework and Examination. Coursework will be in the form of a written assignment of 2000 words to be submitted during term (70%) with the remaining 30% of the Coursework mark being allocated on the basis of your participation in class based discussions. At the end of the module you will sit one final 135 minute exam during the University exam period. Assessment component Coursework Examination Assessment criteria Assessment type Written assignment, including essay Written Exam Weighting (%) Minimum qualifying mark Pass/Fail? 30 0 N/A 70 0 N/A Assessment criteria are descriptions of the skills, knowledge or attributes you need to demonstrate in order to complete an assessment successfully and Grade-Related Criteria are descriptions of the skills, knowledge or attributes you need to demonstrate to achieve a certain grade or mark in an assessment. Assessment Criteria and Grade- Related Criteria for module assessments will be made available to you prior to an assessment taking place. More information will be available in the UG Assessment Handbook and from the module leader. Feedback on assessment Following an assessment, you will be given your marks and feedback in line with the University s Assessment Regulations and Policy. More information on the timing and type of feedback that will be provided for each assessment will be available from the module leader. Assessment Regulations

4 The Pass mark for the module is 40%. Any minimum qualifying marks for specific assessments are listed in the table above. The weighting of the different components can also be found above. The Programme Specification contains information on what happens if you fail an assessment component or the module. INDICATIVE READING LIST Kose, M. A. & Prasad, E. (2010) Emerging Markets: Resilience and Growth amid global Turmoil, Washington D.C: Brookings Institution Press. Jerome, B. (2014) Emerging Markets: in an upside down world UK: Wiley & Sons Sprat,S.(2009) Development Finance: debates, dogmas, new directions, London:Routledge Sahay, R., et al Rethinking Financial Deepening: Stability and Growth in Emerging Markets, IMF Staff Discussion Note, [May, 2015] Bekaert, G. C.B. Erb, Harvey, C.R Emerging Equity Markets in a Globalizing World, May,2014] Version: 4.0 Version date: November 2015 For use from:

5 Appendix: see for the full list of JACS codes and descriptions CODES HESA Code Description Price Group 133 Business and D Management Studies JACS Code Description Percentage (%) N300 The study of financial systems, regulations and reporting. 100 %