Curriculum Guideline

Financial Markets and Institutions

Effective Date:
Course
Discontinued
No
Course Code
FINC 3370
Descriptive
Financial Markets and Institutions
Department
Finance
Faculty
Commerce & Business Administration
Credits
3.00
Start Date
End Term
Not Specified
PLAR
No
Semester Length
15 Weeks
Max Class Size
35
Contact Hours

 

Lecture: 2 hours/week

Seminar: 2 hours/week

OR

Hybrid: Alternating weeks of above and online

 

Method Of Instruction
Lecture
Seminar
Hybrid
Methods Of Instruction

Material will be presented within a lecture, seminar format with possible online requirements.

Course Description
Financial Markets and Institutions is a course which examines the form and function of various financial markets and the ways financial managers access these markets to meet strategic objectives. The course will also focus on the major financial institutions and their economic role in the allocation of funds within the global economy.
Course Content

1.  Introduction to financial markets and institutions.
2.  The rationale for financial intermediaries.
3.  Interest rates: determinants and role in financial markets.
4.  Central banks and monetary policy.
5.  Financial markets: Money and bond markets, Mortgage and securitized asset markets, Equity markets
6.  Financial institutions and risk management: Depository and non-depository lending institutions, Primary and Secondary market intermediaries, Insurance intermediaries and pension funds, Mutual funds and Hedge funds, Private equity and venture capital firms
7.  Government regulation of financial intermediaries and markets.

Learning Outcomes

Upon completion of the course, a successful student will be able to:

1.  Explain the economic role played by financial intermediaries
2.  Assess monetary and fiscal policies and their impact on interest rates and asset prices
3.  Demonstrate an understanding of the instruments and structure of various financial markets
4.  Describe the roles played by financial intermediaries in the primary and secondary markets
5.  Explain the key differences between financial intermediaries including their economic role, business risk exposure and risk management

Means of Assessment

Assessment will be based on course objectives and will be carried out in accordance with the Douglas College Evaluation Policy.  

Assignments and Participation

10% -15%

Tests and Midterm(s)

30% - 50%

Term Project and Presentation

0% - 20%

Final Exam

30% - 40%

TOTAL

100%

No single assessment will be worth more than 40%.

Students must achieve a minimum grade of 50% on the combined invigilated components to pass the course.

Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.

 

 

 

Textbook Materials

Textbooks and materials to be purchased by students
1. Mishkin, F. et al.  Financial Markets and Institutions, latest Canadian ed.  Pearson Education Canada.
or Saunders, A et al. Financial Markets and Institutions, latest edition, McGraw Hill
or alternate textbook determined by the department.


2. Calculator: Texas Instruments BA II Plus or as approved by Department.

Prerequisites
Equivalencies

Courses listed here are equivalent to this course and cannot be taken for further credit:

  • No equivalency courses