Financial Institutions And Market

1. Explain the structure and functions of the financial system.
2. Analyze the regulatory framework of the Nigerian financial market.
3. Identify and describe various financial market instruments.
4. Evaluate the role of banking and non-banking institutions in economic development.
5. Assess the impact of international finance institutions on national economies.

13 weeks, about 90 hours in total. Yours will differ.

1. Week 1Module 1: Concept of Financial System

   • Unit 1: Overview of Financial System · 3 hours

     Read Unit 1: Understand the meaning, nature, and structure of the financial system.. Define the concept of a financial system and its components.. Identify the roles of deficit borrowers and surplus lenders..

   • Unit 2: Efficient Financial System and Economic Development · 3 hours

     Read Unit 2: Examine the nature, roles, and contributions of an efficient financial system.. Explain how an efficient financial system promotes economic growth.. Discuss the attributes of a sound financial system..

2. Week 2Module 1: Concept of Financial System

   • Unit 3: The Financial Markets · 3 hours

     Read Unit 3: Understand the nature and classifications of financial markets.. Differentiate between money and capital markets.. Trace the development of financial markets in Nigeria..

   • Unit 4: Financial Market Operations (Money Market) · 3 hours

     Read Unit 4: Explore the concept, evolution, and motives of the money market.. Identify the major participants in the money market.. Discuss the roles of short-term funding in economic growth..

3. Week 3Module 1: Concept of Financial System

   • Unit 5: Financial Market Operations (Capital Market) · 6 hours

     Read Unit 5: Understand the nature, evolution, and structure of the capital market.. Explain the operational modes and objectives of the Nigerian capital market.. Discuss the challenges and prospects of the Nigerian capital market..

4. Week 4Module 2: Regulatory Framework of the Financial Market & Financial Market Instruments

   • Unit 1: Nigerian Financial Market Regulators · 6 hours

     Read Unit 1: Identify the regulatory roles of Nigerian financial market regulators.. Understand the operational modes of the Federal Ministry of Finance and the Central Bank of Nigeria.. Examine the roles of the Securities and Exchange Commission and the Nigerian Stock Exchange..

5. Week 5Module 2: Regulatory Framework of the Financial Market & Financial Market Instruments

   • Unit 1: Money Market Instruments · 6 hours

     Read Unit 1: Understand the major money market instruments.. Differentiate between Treasury Bills, Treasury Certificates, and Commercial Papers.. Explain the characteristics of Eligible Development Stocks and Certificates of Deposit..

6. Week 6Module 2: Regulatory Framework of the Financial Market & Financial Market Instruments

   • Unit 2: Capital Market Instruments · 6 hours

     Read Unit 2: Understand the different instruments used in the capital market.. Explain the features of debt instruments, preferred stocks, and common stocks.. Discuss the role of these instruments in long-term financing..

7. Week 7Module 3: Financial Institutions (Banks)

   • Unit 1: Banking Institution · 6 hours

     Read Unit 1: Understand the rationale for the emergence of banking institutions.. Trace the origin of banking institutions and differentiate between a bank and a banker.. Discuss the roles of banking institutions in aiding economic development..

8. Week 8Module 3: Financial Institutions (Banks)

   • Unit 2: Bank Categorization · 6 hours

     Read Unit 2: Categorize banks according to their roles, functions, and operations.. Explain the key roles of the Central Bank.. Know about the Central Bank of Nigeria (CBN) and its organogram..

9. Week 9Module 3: Financial Institutions (Banks)

   • Unit 3: Commercial Banking · 6 hours

     Read Unit 3: Appreciate the various forms of commercial banks.. Know the category of functions performed by commercial banks.. Explain the key roles of commercial banks in economic development..

10. Week 10Module 3: Financial Institutions (Banks)

    • Unit 4: Development/Specialized Banking Institutions · 6 hours

      Read Unit 4: Explain the meaning and purpose of development as well as specialized banks.. Discuss what necessitated the emergence of the Bank of Industry and Bank of Agriculture.. Appraise the difference between microfinance banks and other development/specialized banks..

11. Week 11Module 3: Financial Institutions (Banks)

    • Unit 5: Bank Income and Investment Policy · 6 hours

      Read Unit 5: Understand the nature and sources of bank income.. Explain the key factors that influence bank investment policy.. Appreciate the liquidity versus profitability controversy..

12. Week 12Module 4: Non-Bank Financial Institutions & Informal Financial Market Institutions

    • Unit 1: Insurance Institutions · 6 hours

      Read Unit 1: Understand the concept of insurance and the nature and structure of insurance business.. Trace the evolution and growth of insurance in Nigeria.. Explore reinsurance business and the Nigerian Agricultural Insurance Agency (NAIA)..

    • Unit 2: Pension Institutions and Administration · 6 hours

      Read Unit 2: Conceptualize the history and development of pension institutions in Nigeria.. Understand the nature and roles of the Nigerian Social Insurance Trust Fund.. Explore the rationales for the contributory pension reform of 2004 in Nigeria..

13. Week 13Module 4: Non-Bank Financial Institutions & Informal Financial Market Institutions

    • Unit 3: Informal Financial Markets · 6 hours

      Read Unit 3: Examine the evolution and nature of informal financial markets in Nigeria.. Understand the objectives and mode of operations of informal financial markets.. Explore the informal foreign exchange market..

    • Unit 4: Informal Financial Institutions · 6 hours

      Read Unit 4: Discuss the different forms of informal financial institutions and their sustainability in Nigeria.. Understand the nature of informal financial institutions.. Explore the different forms of informal financial institutions..