Surrey University Stag

BANKING AND MONEY - 2023/4

Module code: MAN3124

Module Overview

This module is intended to introduce students to the study of banking and money. The material of the course covers two broader areas. The first encompasses the microeconomic and managerial aspects of banking, such as the bank risk, efficiency, competition and performance. The second area covers the macroeconomic elements of banking instability, the role of banks in the monetary transmission mechanism, the interplay between banks, regulators and policy makers and the role of banks in setting the interest rates.

Module provider

Surrey Business School

Module Leader

WILLIAMS Jon (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 6

JACs code: N310

Module cap (Maximum number of students): N/A

Overall student workload

Independent Learning Hours: 106

Lecture Hours: 11

Tutorial Hours: 11

Guided Learning: 11

Captured Content: 11

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative content includes:


  • Why Study Banking and Money: Basic theoretical issues in financial intermediation.

  • Financial Crises and the Subprime Meltdown

  • Banking and the Management of Financial Institutions

  • Economic Analysis of Financial Regulation

  • Banking Industry: Efficiency, Structure and Competition

  • Central Banking and the Money Supply Process

  • Tools of Monetary Policy

  • The ISLM model

  • The Monetary Transmission Mechanism and the Role of Banks

  •  The Future of Banking and Money


Assessment pattern

Assessment type Unit of assessment Weighting
Online Scheduled Summative Class Test MID-TEST MCQ (60 minutes) 30
Examination Online EXAM SET DATE AND TIME (120 minutes) 70

Alternative Assessment

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Assessment Strategy

The assessment will be made on the basis of a class test and a final examination. 

The midterm class test (30% of total grade) is an online test. The test will follow a very similar question style to the exercises set as part of the weekly activities within lecture/tutorial sections and end-of-chapter textbook problems.

The final examination (70% of the total grade) will have material coming directly from the module content. The broader topics for the questions will be covered during the lectures and the tutorials. The problems will be similar to those found at the end of the chapter of the main reading and the answers will be short essays/ calculations.

Thus, the summative assessment for this module consists of:


  • A midterm class test (30% of final grade)

  • A final exam (70% of final grade)



Formative assessment and feedback

Students will receive:


  • Verbal feedback in tutorials and during student consultation and feedback hours.

  • Weekly online quizzes.

  • Any other feedback where needed.


Module aims

  • To provide an understanding of the role of banks in the modern economy.
  • To introduce students to the microfinance aspects of banking theory, such as bank risk, competition and performance
  • To introduce students to the role of banks in the monetary transmission mechanism and to the role of Central Banks
  • To discuss contemporary elements of bank regulation and the role of banks in financial crises

Learning outcomes

Attributes Developed
001 Understand a wide range of topics about the role of banks in the modern economy and financial system. KCPT
002 Understand why banks take on risk, why they are ¿special¿ firms and why they are regulated so heavily. KCPT
003 Analyse the structural environment within which banks operate and the implications of that for their competitive environment and performance KCPT
004 Analyse case studies on banking crises, types of banking regulation and the interplay between banks and financial markets KCPT
005 Understand central banking theory, as well as to the way banks create money in the economy and affect interest rates KCPT

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Methods of Teaching / Learning

The learning and teaching strategy is designed to:

The teaching and learning strategy is designed to develop the students’ awareness of all the elements included in the module content. Teaching will be made as interactively as possible in both the lectures and the tutorials.

In particular, the teaching and learning methods include the use of pre-recorded videos (approx 1 hour per week) and a weekly lecture (one hour) to illustrate the theory, supported by one-hour tutorials, which will demonstrate the practical application of such theory, take on specific exercises and problem sets and analyze the requirements for the module. Lecture notes will be made available and regular exercises will be set to test students’ understanding on an on-going basis. Students will discuss case studies and problems presented in class. This will enhance class participation and help students assimilate ideas and develop communication skills.

The learning and teaching methods include:


  • Lectures (1 hours per week x 11 weeks = 11 contact hours with discussion)

  • Pre-recorded videos (1 hour per week x 11 weeks) = 11 hours

  • Tutorials (1 hour per week x 11 weeks = 11 contact hours of problem solving and discussion)

  • In-class interaction to determine the theoretical and empirical relations in banking and money.


Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

https://readinglists.surrey.ac.uk
Upon accessing the reading list, please search for the module using the module code: MAN3124

Programmes this module appears in

Programme Semester Classification Qualifying conditions
International Business Management (Dual degree with SII-DUFE) BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Business Management and Spanish BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Accounting and Finance BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
International Business Management BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Business Management and French BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Business Management BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module
Accounting and Finance (Dual degree with SII-DUFE ) BSc (Hons) 2 Optional A weighted aggregate mark of 40% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2023/4 academic year.