INSTRUCTIONS TO CANDIDATES:
1. Answer ONE QUESTION ONLY, out of the three questions.
2. Write an essay of no more than 2,000 words on your
chosen topic. Any work significantly beyond 2,000 words will
not be marked. The bibliography is not included the word
count.
3. Paste any diagrams & graphs you may wish to include in
your answer directly onto the answer sheet using software or
uploaded photos.
4. Use the Harvard referencing style
ONLINE SUBMISSION INSTRUCTIONS:
1. Include a completed coursework cover sheet at the
beginning of your submission.
2. Your work should be submitted via the Turnitin submission
link titled ALTERNATIVE ASSESSMENT COURSEWORK
SUBMISSION on the module KEATS page.
3. Ensure your document is submitted as CANDIDATE ID –
MODULE CODE- i.e. A12345 4QQMN505
4. Once submitted please check you are satisfied with the
uploaded document via the submission link.
5. If you experience technical difficulties uploading your
assessment to KEATS please email a copy to [email protected] with the subject as CANDIDATE IDMODULE CODE- PERIOD 2 ASSESSMENT
Answer ONE question ONLY.
1. Outline the crucial roles that banks play in the modern
financial system. In your answer, make distinctions
between different types of bank (central, commercial,
investment etc).
2. Covid-19 has wreaked havoc on equity markets worldwide.
In such times, are investors likely to be better served by
‘active’ fund managers or by ‘passive’ index funds?
3. Arjaliès et al (2017) describe financial intermediation as a
‘tax’ on the rest of the economy? Is this a fair description
or do financial intermediaries add value to investment
decision-making in various ways?





4QQMN505 Capital Markets and Financial Institutions Alternative Assessment Coursework
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