Skip to main content
BFN304Management Sciences2 Unitsintermediate

Financial Systems

This course introduces students to the fundamental aspects of financial systems. It covers various components including financial assets, international financial systems, and the Nigerian financial system. Students will explore capital and money markets, central banking, commercial banking, and other financial institutions. The course aims to provide a comprehensive understanding of financial systems and their operations, preparing students for managing financial institutions effectively.

Take a practice test or generate AI study notes to help you excel in this course.

45h
Study Time
13
Weeks
3h
Per Week
basic
Math Level
Course Keywords
Financial SystemsCapital MarketMoney MarketCentral BankingCommercial Banking

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Financial System

2

Financial Assets

3

International Financial System

4

Capital Market

5

Money Market

6

Nigerian Financial System

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Financial Analyst

Apply your skills in this growing field

Bank Manager

Apply your skills in this growing field

Investment Banker

Apply your skills in this growing field

Loan Officer

Apply your skills in this growing field

Financial Advisor

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

BankingFinanceInvestment ManagementInsuranceReal Estate

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Financial System

2h

Unit 1: Financial System

2 study hours
  • Read the introduction and definition of a financial system.
  • Understand the functions of a financial system.
  • Identify the participants in a financial system.
Week
2

Module 1: Financial System

2h

Unit 2: Types And Characteristics Of Financial Assets

2 study hours
  • Explain the types and characteristics of financial assets.
  • Differentiate between debt and equity instruments.
  • Understand the characteristics of financial assets.
Week
3

Module 1: Financial System

2h

Unit 3: International Financial System

2 study hours
  • Define the international financial system.
  • Identify the main players in the international financial system.
  • Understand the network of participants.
Week
4

Module 1: Financial System

2h

Unit 4: Capital Market

2 study hours
  • Define capital market.
  • Explain the operations of the capital market.
  • Differentiate between primary and secondary markets.
Week
5

Module 1: Financial System

2h

Unit 5: Money Market

2 study hours
  • Explain the money market.
  • Identify the instruments used in the money market.
  • Understand the functions of the money market.
Week
6

Module 1: Financial System

2h

Unit 6: Nigerian Financial System

2 study hours
  • Explain the Nigerian financial system.
  • Identify the regulatory institutions.
  • Understand the functions of the financial system in Nigeria.
Week
7

Module 2: Banking Operations

2h

Unit 7: Operations Of Capital Market In Nigeria

2 study hours
  • Discuss the operations of the capital market in Nigeria.
  • Understand the roles of different players in the capital market.
Week
8

Module 2: Banking Operations

2h

Unit 8: Operations Of Money Market In Nigeria

2 study hours
  • Explain the operations of the money market in Nigeria.
  • Identify the instruments used in the Nigerian money market.
Week
9

Module 2: Banking Operations

2h

Unit 9: Central Banking

2 study hours
  • Discuss the functions of central banking.
  • Understand the role of the central bank in monetary policy.
Week
10

Module 2: Banking Operations

2h

Unit 10: Commercial Banking

2 study hours
  • Identify and explain the functions of commercial banking.
  • Understand the role of commercial banks in the economy.
Week
11

Module 2: Banking Operations

2h

Unit 11: Merchant Banks

2 study hours
  • List and discuss the functions of merchant banks.
  • Understand the role of merchant banks in financial markets.
Week
12

Module 2: Banking Operations

2h

Unit 12: Development Banks

2 study hours
  • Discuss the role of development banks.
  • Understand the functions of development banks in economic development.
Week
13

Module 3: Specialized Banking

6h

Unit 13: Universal Banks

3 study hours
  • Review all modules and units.
  • Work on assignments and prepare for final examination.

Unit 14: Rural Banking

3 study hours
  • Review all modules and units.
  • Work on assignments and prepare for final examination.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

Access PDF Material

Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review key concepts from each unit weekly

2

Create summaries of main topics in each module

3

Practice with past exam questions

4

Focus on understanding the Nigerian financial system and its regulations

5

Allocate time to review definitions and functions of different financial institutions

Related Courses

Other courses in Management Sciences that complement your learning