UNIVERSITY OF BIRMINGHAM 
Advanced Financial Markets and Institutions 
Final Examination Guide and Notes 2026 
 
- Part 01: About This Guide 
- Part 02: Sample Final Examination Paper 
- Part 03: Detailed Solutions and Explanations 
- Part 04: Final Examination - Hints and Tips 
 
The 24/7 Online Support You Deserve 
Need to reach out to us with questions or for help? You’ll connect with a private tutor who is extremely passionate about the module to provide assistance and help ensure that you’re on the right track to graduating. 
 
Looking for more study resources? 
Find out about all the services and resources available for students at the University of Birmingham

University of Birmingham - Advanced Financial Markets and Institutions

£25.00

ACADEMIC YEAR 2025 - 2026

University	University of Birmingham
School	Birmingham Business School
Module Title	07 33106
Module Name	Advanced Financial Markets and Institutions
Credits	20
Notes Title	Final Examination Guide and Notes
Page Length	27

Clear, focused notes for Advanced Financial Markets and Institutions at the University of Birmingham, covering all examinable topics. You’ll get the exam format explained, what to expect on the paper, and the key areas to prioritise in your study. The set includes sample exam papers with solutions, step-by-step explanations, and practical tips for the final. Use it to strengthen understanding, sharpen exam technique, and walk into the final with confidence.

This module first examines economic theories of financial market behaviour and discusses their empirical relevance. The topics covered include the micro-foundations of financial economics; portfolio investment decisions, e.g. the Mean-Variance model and Capital Asset Pricing Model (CAPM); more complex pricing models, such as the consumption-based CAPM and Arbitrage Pricing Theory (APT).

The module then deals with the theoretical foundations of why banks exist and how they operate, and of why and how banks are regulated. The topics may include the theory of financial intermediation, securitization and other lending techniques, deposit contracts and insurance, bank regulation and supervision; particular attention is paid to recent global developments in banking and bank regulation.

By the end of the module students should be able to:

demonstrate systematic knowledge and understanding of the microeconomic basis of financial economics;
analyse the behaviour of asset markets and prices using theoretical models and critically evaluate their empirical implementation;
explain the theoretical foundations of financial intermediation and critically evaluate the current regulatory framework faced by banks.

MODULE CODE	MODULE NAME
07 31703	Economics for Business A
07 31704	Introduction to Marketing and Communications
07 32179	Financial Accounting and Accountability
07 32180	Numeracy, Statistical Analysis and Financial Literacy A
07 32094	Economics for Business B
07 33105	Advanced Econometrics: Theory and Applications
07 33106	Advanced Financial Markets and Institutions
07 33172	Corporate Finance
07 33175	Financial Reporting
07 33177	Management Accounting
07 33178	Security Analysis and Valuation
07 33188	Financial Markets and Institutions
07 33191	Mathematical Methods for Statistics and Econometrics
07 33831	Advanced Financial Accounting Practice and Theory
08 28536	Microeconomics
08 29189	Macroeconomics
08 29194	Principles of Economics
08 32427	Numeracy, Statistical Analysis and Financial Literacy B
08 35218	Econometrics

University of Birmingham - Advanced Financial Markets and Institutions

INFORMATION

MODULE DESCRIPTION

RELATED MODULES