Description
Financial Institutions and Markets
Financial Institutions and Markets CIFA Section 2 is a KASNEB course. It seeks to impart knowledge and skills to students on matters Financial Institutions and Markets.
Download free Financial Institutions and Markets CIFA Section 2 PDF notes and past papers now for the new KASNEB syllabus 2021.
KASNEB CIFA Section 2 Financial Institutions and Markets New Syllabus 2021 unit covers the following topics:
- Market organization and structure: Functions of financial systems – Structure of financial markets – Flow of funds and financial systems – Characteristics of a well-functioning financial system – Organic theory of financial markets – Definitive approaches to financial markets – Automation of security exchanges: Automated trading systems (ATS) and Central Depository System (CDS) – Internationalization of financial markets
- Marketing financial services: Distribution of financial services; traditional channels of distribution; technology driven delivery channels
- Financial markets: Money markets: purpose, participants, trading; money market instruments(treasury bills, commercial papers, negotiable certificates of deposit); Bond markets, Equity markets, Mortgage markets, Foreign exchange markets, Derivatives securities markets: futures markets, forward markets, option markets and swap markets
- Security market indices: Security market index- Choices and issues in index construction and management; Types of equity indices: price weighted index, value weighted index, equally weighted index and float adjusted weighted index, global equity indices
- Market efficiency – The concept of market efficiency, Market value and intrinsic value. Forms of market efficiency: weak form, semi-strong form and strong form. Random walk theory and efficient markets – Tests of market efficiency – Market anomalies :size effect, P/E ratio effect, day of the week effect (Monday effect), year-end or January effect
- Financial intermediation and disintermediation
- Financial markets regulation – Asymmetric information and financial regulation: government safety net, restrictions on asset holdings, capital requirements. – Role of government in the financial system; Capital Markets Authority (CMA), central bank, central depository and settlement corporation (CDSC) – Role of ICIFA in regulating investment and financial analysts
- Informal finance
- Unclaimed Financial Assets Authority and Financial Reporting center
Financial Institutions and Markets is important for KASNEB students aspiring to become financial analysts, financial advisors etc. Upon completing CIFA Part 3, they can enroll with the Institute of Certified Investment and Financial Analysts (ICIFA).
We encourage the KASNEB students to prepare for Financial Institutions and Markets CIFA Section 2 exams adequately.
Additionally, students taking other courses like Certified Credit Professional (CCP), Certified Public Accountants (CPA) among other KASNEB certified courses will find these resources helpful.
Students will learn how the Nairobi Securities Exchange (NSE) and Capital Markets Authority (CMA) manages and regulates the financial markets in Kenya.
With the resources we offer, students have resulted to self-teaching and have passed their exams while others have been given KASNEB awards.
Other units or courses in CIFA Section 2 include:
After completion of KASNEB CIFA Section 2, the student will advance to KASNEB CIFA Section 3 which has the following units:
- Regulation of Financial Markets
- Corporate Finance
- Financial Statements Analysis
Download free KASNEB CIFA Section 2 PDF notes and past papers now. Get free KASNEB CIFA Section 3 PDF notes and past papers today.
Reviews
There are no reviews yet.