Bachelor
2025/2026
Banking Systems. Role of the Central Bank
Type:
Elective course (World Economy)
Delivered by:
School of World Economy
When:
3 year, 1, 2 module
Open to:
students of all HSE University campuses
Instructors:
Oscar Mukhametov
Language:
English
Contact hours:
44
Course Syllabus
Abstract
This program aims at training the undergraduate students so that they are well prepared for professional problem solving in the banking industry. Upon the successful completion of the program, students will acquire profound knowledge in international banking and will be confident when delving into the complex mechanisms of international banking regulation and financial stability. Students will also benefit from understanding of what is the effective and efficient international financial intermediation, including that brought by the systemically important financial institutions (SIFIs); how the processes of mergers and acquisitions (M&A) in the banking industry are run; and how the entire banking systems are transformed. They will also explore their understanding of risks in the international banking activity. Besides, the students will be in the know with role of the central bank in tailoring and fine-tuning the contemporary concept of the banking sector and the integrity of the national and regional economic systems. Upon the successful completion of this program, students will: • know the specifics of the development, operations, and transformation of banks and banking systems; • understand factors underlying the structure of banks and banking systems, as well as the international banking activity; • understand the urgency and inevitability of international regulation of banks and the banking sector; • possess skills required for the holistic view over banking risks, including those relevant to the M&A processes in the banking industry; • understand the role and specifics of the central bank for banking and financial sectors, its importance for financial stability, and how it manages sustainable economic growth.