FI3002 International Banking
Academic year
2026 to 2027 Semester 1
Curricular information may be subject to change
Further information on which modules are specific to your programme.
Key module information
SCOTCAT credits
20
SCQF level
SCQF level 9
Availability restrictions
Only available to Single Management Honours and Joint Management Honours students (both third and fourth year)
Planned timetable
When confirmed, check online https://timetables.st-andrews.ac.uk/.
Module coordinator
Dr E Sfrappini
Module Staff
Dr Eleonora Sfrappini
Module description
This module provides an introduction to international banking, examining the theoretical foundations, key challenges, and regulatory frameworks shaping modern banking systems. Students explore why banks exist and their role in the financial system and real economy. The module addresses issues such as bank stability, systemic risk, and bank runs, and considers contemporary developments including sustainable finance, climate-related financial risks, and digitalisation. Students gain insight into risk management and how different banking systems influence financial stability and lending. The module combines theory and practice to encourage critical engagement with current banking practices and policy debates in a global context.
Relationship to other modules
Pre-requisites
BEFORE TAKING THIS MODULE YOU MUST PASS MN2001 AND PASS MN2002
Assessment pattern
100% Coursework
Re-assessment
100% Coursework
Learning and teaching methods and delivery
Weekly contact
2 hour lectures x 10 weeks, 2 hour seminar x 6 weeks
Intended learning outcomes
- Demonstrate a broad understanding of banking theory, including why banks exist, how they behave, and their role in financial intermediation.
- Explain the role of banks in the economy and assess the importance of bank stability for financial systems and economic growth.
- Analyse contemporary issues affecting banking, such as climate-related financial risk and financial technology, and evaluate their impact on banks and the real economy.
- Demonstrate knowledge of banking regulation, including the rationale for regulation and the institutional framework governing banks.
- Analyse risk management practices in international banking and compare how different banking systems around the world manage and mitigate risks.