BF_010
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Banking
Program
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Course Summary
The course covers the instruments, the players, and the principles
of valuation with an excellent blend of theory and practice. Topics include
Overview of Market Participants and Financial Innovation, Depository
Institutions, Investment Banking Firms, Stock Options Market, The Theory and
Structure of Interest Rates, and The Market for Foreign Exchange and Risk
Control Instruments. Appropriate for corporate treasurers.
Expected
Outcome / Learning
At
the end of this course, students will know how investment portfolios are
created and evaluated. More specifically they will be able to:
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Understand and implement key principles of capital markets
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Organize and manage investment strategy on capital markets
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Implement capital markets instruments for business development.
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Recognize and cooperate
with key players of capital market.
Required
Textbook
Frank J. Fabozzi, Capital Markets: Institutions and
Instruments (4th Edition), Prentice Hall, 2008, 978-0136026020
Suggested
Readings
Supplementary
readings will be provided in the reading assignments for each module.
Students
must maintain the readings, discussion participation, quizzes and assignments
to obtain a passing grade in the course.
To obtain a superior grade, students must demonstrate a high degree of
quality in their work.
IMPORTANT
PLEASE NOTE THAT
PLAGIARISM (copying other writers' text without due citation or recognition)
WILL NOT BE TOLERATED. Plagiarism is
equal to cheating in exams as it means "stealing" solutions to
problems, ideas or written text from other people and pretending they are your
own. Students caught committing these
forms of cheating will be subject to course failure and will be reported to the
Dean of the University. Two instances of
cheating or plagiarism will be cause for academic suspension.
For information on what
plagiarism is and how to avoid it, please read the pages 41 and 41 in the book:
TURABIAN, Kate L., A Manual for Writers of Research Papers, Theses, and Dissertations,
Chicago Style for Students and Researchers, 7th Edition, The University of
Chicago Press, 2007.
COURSE
SCHEDULE
Module 1
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Description
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The players:
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Market
participants and financial innovations
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Depository
and nondepository institutions
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Investment
banking firms
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Read
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Prepare
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Module 2
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Description
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Organization
and Structure of markets:
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The primary and secondary
markets
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Read
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Prepare
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Module 3
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Description
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Risk and return theories
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Read
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Prepare
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Module 4
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Description
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Derivative
markets:
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Swap, caps, and floor markets
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Read
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Prepare
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Module 5
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Description
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The equity market
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Read
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Prepare
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Module 6
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Description
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Debt market:
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Money market
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Treasury and Agency Securities
market
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Municipal securities market
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Read
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Prepare
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Module 7
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Description
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Debt market:
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Mortgage market
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Read
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Prepare
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Module
8
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Description
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Final Exam
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Read
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Prepare
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