30367 - FINANCE (MODULE I) - FINANCIAL MARKETS AND INSTITUTIONS
Course taught in English
Class-group lessons delivered on campus
Mathematics (applied), Management, Accounting and Financial Statement Analysis.
The main objective of this course is to provide the students with a general understanding of the different functions performed by financial markets and institutions and their role in the economic system. We start by giving a brief overview of the functions of the financial system and its connections to the real economy. We then study the functioning of financial markets and the main financial instruments. Finally, we study the economics of different types of financial institutions.
- The first part of the course analyzes in detail the characteristics of the major financial assets, and describes the institutional characteristics of the markets in which these assets are traded.
- The second part of the course studies in detail the objectives as well as the organization of the major financial intermediaries (commercial banks, investment banks, mutual funds) that allow to match demand and supply of funds when securities markets do not function perfectly.
- Understand the functioning of financial markets and the role of financial institutions within the economic system.
- Interpret and assess the role of financial institutions and their behavior within the economic system.
- Face-to-face lectures
- Online lectures
- Individual assignments
Face to face lessons wil be recorded and posted online. There will be four online problem sets to allow students to practice.
The exam will make sure that students understand the workings of major financial markets and institutions and their role in the economy by asking theoretical and applied questions about the material treated in class and in the book.
F.S. MISHKIN , S.G. EAKINS, Financial Markets & Institutions, Pearson Education, 2014, 9th edition.
Lecture notes and other materials are made available online on the course webpage.