The course objectives include introducing students to the concept of financial intermediation and financial intermediaries. The course answers the question of the role of financial intermediaries in the transfer of financial resources from cash-surplus to cash-deficit entities. The course also addresses the formal and material frameworks in which financial intermediaries function.
1. Theories of financial intermediation
2. Financial intermediaries and their division
3. The role of financial intermediation and financial intermediaries in financial markets
4. Risks in financial intermediation
1. critically evaluate key theories of financial intermediation,
2. evaluate the position of financial intermediaries in the financial system,
3. assess the importance of financial intermediaries for the functioning of financial markets,
4. identify and quantify the risks faced by financial intermediaries.
