Pre-requisites: 1603333 Bank Management
Advanced Banking introduces students to issues relevant to banking theory. The course examines the role of the banking system in an economy as well as the operation and management of banks. In doing so, the course focuses on the theoretical concepts behind the specialness of banks and the possible factors leading to financial crises with a detailed discussion of the recent subprime meltdown. In addition, this course introduces students to some special issues regarding bank governance, regulation and financial innovation.