Page 11 - CAPE Financial Services Syllabus Macmillan_Neat
P. 11
UNIT 1
MODULE 1: INTRODUCTION TO FINANCIAL PRODUCTS AND SERVICES (cont’d)
SPECIFIC OBJECTIVES CONTENT
Students should be able to:
3. describe the different transactions (a) Eurocurrency loans and deposits;
(b) underwriting, trading in different
typical to;
securities for investment purposes;
4. discuss the history of offshore (c) risk and wealth management;
banking globally and in the (d) private banking;
Caribbean; (e) regulation and money production;
5. describe the benefits of offshore and,
banking; (f) risk sharing and asset transformation.
Specific attention ought to be paid to Antigua,
6. discuss the different career Bahamas, Bermuda, British Virgin Islands
possibilities in the financial Cayman Islands, China, Singapore, Turks and
services industry; Caicos Islands, and United States of America.
Benefits of offshore banking:
(a) efficient allocation of capital;
(b) liquidity intermediation; and,
(c) contribution to economic activity.
Careers to include:
(a) analyst;
(b) actuaries;
(c) brokers;
(d) wealth management advisor;
(e) financial advisors;
(f) compliance managers;
(g) bank examiner;
(h) loans officer;
(i) securities traders; and,
(j) insurance managers.
CXC A38/U2/16 6
