The course is discussion and case-oriented, and accordingly emphasizes classroom participation.
Lectures on challenging course material will also be provided
Topics to be addressed in the course include:
1. An overview of global banking
2. Global capital raising and trading
3. Foreign exchange and money markets
4. International bank lending
5. Asset related and project financing
6. Global bonds markets
7. Global equity markets
8. Derivative and swaps markets
9. Mergers and acquisitions
10. Strategic drivers of structural change in global banking
11. Assessing and managing cross border risk
12. Systemic risk in banking
13. Regulatory and compliance issues
14. Strategy and strategic positioning of global banks
15. Managing global banking firms.
At the end of the course, the successful student should be able to:
1. Explain the effect of significant regulatory and technological change on the competitive environment of the global banking industry;
2. Analyze the major dimensions of international commercial and investment banking including money and foreign exchange markets, debt capital markets, international bank lending, derivative markets, asset-based and project financing, and equity capital markets;
3. Evaluate competitive strategies and strategic drivers of structural change in global banking;
4. Analyze risk management tools for dealing with systemic and cross border risk;
4. Explain the effect of the Basel Accords on the regulatory environment and the behaviour of global banking institutions.
5. Analyze strategies for dealing with regulatory compliance.
The final course grade is determined by the following evaluation methods:
Classroom participation 0 to 10%
Case Studies and Assignments 0 to 30%
Term tests 30 to 70%
Final Examination 30 to 40%
THERE WILL BE A MINIMUM OF THREE (3) EVALUATIONS
The main text for the course is:
- Smith, Roy C., Ingo Walter and Gale DeLong. Global Banking. Latest Edition (New York: Oxford University Press) or another text as approved by the department
Supplemental materials may be chosen from the following, as determined by the instructor:
- Study guides for the above text and the available text website.
- Online resources.