Myanmar Institute of Business

Myanmar Institute of Business > Diploma Classes > CISI > Fundamentals of Financial Services

Fundamentals of Financial Services

Program

Fundamentals of Financial Services (FFS)
Teaching hour
  1. 2 hrs per week
  2. 2 months teachings

Lecturer

Daw Thiri Yadana Kyaw

  • MBA (Anglia Ruskin University, UK)
  • Graduate Diploma in Finance (University of London)
  • CISI Leader Trainer
  • Working at SMID Bank

Module 1

Ethics and Integrity in Financial Services

Learning Objectives

  • Know the key principles of ethical behavior in financial services.

Module Outline

  • Introduction
  • Ethics in Practice
  • Ethics in Financial Services

Module 2

Saving and Borrowing

Learning Objectives

  • Know how the financial services industry can be viewed as linking those with surplus money(savers) and those with a need for money (borrowers) in the following ways : via banks(deposits, loans) ; via equity (ownership stake); via bonds

Module Outline

  • Introduction
  • Who are the Savers and Borrowers
  • Risk and Reward
  • Equity and Bond Markets
  • Insurance
  • Foreign Exchange

Module 3

Banking

Learning Objectives

  • Know the difference between retail and commercial banking and the types of customer-individuals/corporates

Module Outline

  • Retail and Commercial Banking
  • Retail Borrowing in Focus
  • Interest Rates
  • Secured and Unsecured Borrowing
  • Investment Banks
  • Central Banks

Module 4

Equities

Learning Objectives

  • Know the reasons for issuing shares (stock) - to finance a company

Module Outline

  • The Reasons for Issuing Shares
  • Initial Public Offerings (IPOs)
  • Potential Returns from Shares
  • Shareholder Voting Rights
  • The Risks Involved in Owning Shares

Module 5

Bonds

Learning Objectives

  • Know the definition of a bond and the reasons for issue: alternative to loans or issuing shares

Module Outline

  • Introduction to Bonds
  • Bond Issuers
  • Features of Bonds
  • Bond Terminology
  • Advantages and Disadvantages of Investing in Bonds
  • Credit Rating Agencies
  • Bonds or Equities?

Module 6

Derivatives

Learning Objectives

  • Know the definition and function of a future

Module Outline

  • Introduction
  • Futures
  • Options

Module 7

Markets

Learning Objectives

  • Know the function of a stock exchange

Module Outline

  • The Function of a stock Exchange
  • Initial Public Offerings
  • Stock Exchange Indices

Module 8

Other Areas of Financial Services

Learning Objectives

  • Know the principle of collective investment schemes: comparison with direct investment; pooling; diversification; expertise.

Module Outline

  • Fund Management
  • Foreign Exchange
  • Insurance
  • Financial Planning

Teaching Methodology

  1. (1) Conduct Lecture, Engage students with in-class exercise, Q&A and
  2. (2) Employ ICT, visual and audio aids and tools, where applicable, to make teaching to be more efficient and learning to be more effective and interesting.

Assessment
Multiple Choice Question
  1. 100% Computer based exam
  2. Total result 100%
  3. 95% to 100% : Distinction
  4. 70% and above : Passed
  5. 69% and below : Failed

Tuition fees

150,000 mmk per program

  1. Registration & examination fees
  2. 148 USD

Learning Outcomes

  • Know the key principles of ethical behavior in financial services
  • Know the financial services industry can be viewed as linking those with surplus money (savers) and those with a need for money (borrowers)
  • Know that borrowers include companies and governments and that governments issue bonds rather than equities
  • Know the difference between the quoted interest rate on borrowing and the effective annual rate of borrowing
  • Be able to calculate the dividend yield given the share price and the dividends paid in the year
  • Understand the benefits and risk of leverage in a company’s financing structure
  • Know the function of a stock exchange
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