| CODE | BFI3345 | ||||||||||||
| TITLE | Fund Administration | ||||||||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||||||||
| MQF LEVEL | 6 | ||||||||||||
| ECTS CREDITS | 4 | ||||||||||||
| DEPARTMENT | Banking, Finance and Investments | ||||||||||||
| DESCRIPTION | This study-unit provides students with a thorough overview of the various facets of the fund management business. This study-unit is ideal for students who want to specialised and embark on a career working with all types of funds. Study-Unit Aims: The study-unit aims at providing participants with a detailed course on the fund industry. It provides a background on all the aspects related to work in the fund industry, including what are funds, how are they regulated, the various compliance and reporting requirements of funds, how to manage risks in funds, fund accounting and valuation of assets, the Maltese regulatory framework on funds, the various types of funds that operate. It is structured over fourteen lectures of two hours each. By offering this credit, the Banking and Finance Department of the University of Malta is confident that its graduates will be well equipped to study other more in-depth courses related to banking The Banking and Finance Department’s study-unit on funds is unique. It is designed for students who would like to pursue a career in financial services, in particular the fund industry. The fund study-unit provides detailed knowledge together with practical skills so that students are able to fulfill their responsibilities more efficiently and effectively once they embark on their profession. By drawing upon international best practice, it helps prepare students to adapt to the modern financial services practitioners’ environment. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: 1. Explain Malta's legal and regulatory framework for investment funds; 2. Name the various Fund Accounting and Valuation Principles; 3. Explain the concept of Shareholder Registry and the Implications thereof; 4. List the risks to which banks are exposed; 5. Describe Importance of Compliance and Risk Management for Funds; 6. Identify the main issues that fund managers face on a day-to-day basis. 2. Skills: By the end of the study-unit the student will be able to: 1. Prepare Financial Statements for Investment Schemes; 2. Rank funds in terms of performance and fees; 3. Compare KIIDs of different funds and infer investment advice; 4. Evaluate the difference between off-shore and domestic funds; 5. Distinguish different types of operational risks involved in managing funds; 6. Assess the offering documents of funds; 7. Value and price investment funds accurately; 8. Identify and manage sources of risk in fund servicing; 9. Maintain the fund's compliance with regulatory requirements. Main Text/s and any supplementary readings: Presentation material will be made available by the lecturers. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Aronne Debono David Grech |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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