Compulsory modules:
Research Methods: This module equips students with knowledge of intermediate and advanced research methods, which they will encounter in other modules and in their dissertations.
International Financial Markets: This module provides an overview of financial instruments in a multi-currency world, taking account of insights from portfolio theory concerning the relationship between risk and return, the diversification of risk, and the pricing of assets.
Islamic Finance: This module provides insight into topical issues relating to Islamic financial instruments and related risk management issues. The first part of the course examines issues relating to financial contracting, instruments, and various intermediation issues. The second part of the course focuses on the role of the capital market in providing Islamic financing and highlights financial engineering issues as well as risk management features of this type of business.
Islamic Banking: This module provides insight into the key features of the Islamic banking business. The first part of the course outlines the theoretical foundations and development of Islamic banking practices. In particular, the main characteristics of various types of Islamic banking products are discussed. The second part of the course examines the operational features of Islamic banks focusing on their performance and how they compete with conventional interest-based banks. The final part of the course outlines contemporary challenges to the Islamic banking business.
International Banking: This module examines the origins of international banking, the activities of international banks, the markets in which they participate, and the sources of risk.
Financial Econometrics: This module provides advanced coverage of econometric methods and practices that are used to model financial and business data.