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Financial Markets (2235.YR.003931.1)

General information

Type:

OBL

Curs:

1

Period:

S semester

ECTS Credits:

3 ECTS

Teaching Staff:

Group Teacher Department Language
Year 1 Anna Bayona Font Economía, Finanzas y Contabilidad ENG

Prerequisites

Critical thinking and motivation to learn about financial markets.

Previous Knowledge

Some basic knowledge of mathematics, economic and financial concepts.

COURSE CONTRIBUTION TO PROGRAM

Financial Markets is a core course in the MSc. in International Management, which will encourage participants to connect theoretical concepts and their real-world applications, and give them a foundation in finance.

Course Learning Objectives

This course will cover the essential concepts that are necessary to understand financial markets (e.g. supply and demand, risk, arbitrage, asset market equilibrium, asymmetric information, market efficiency, conflicts of interest, etc.). It will combine these foundational concepts with managerial, institutional and policy perspectives which are relevant to real-world applications. In addition, the course will relate the lectures to changes that the financial system has experienced in the last few years.

CONTENT

1. Financial system in the global economy

2. Interest rates, money markets and bond markets

3. Equity markets

4. Behavioral finance, market efficiency, and financial crises

5. Alternative asset classes

6. Foreign exchange and derivatives

7. International Portfolio Management

Methodology

The course is based on a combination of lectures, class discussions, presentations, cases, and practical problems.

Assessment criteria

Ordinary Evaluation. The evaluation criteria has four components:

Class participation (10%)
Quizzes (10%)
Group assignments (30%)
Final exam (50%)

A minimum score of 5 is required both in the final exam and in the average (applying
the weights mentioned above) in order to pass the course. The grading criteria can be
summarised as follows: if both the final exam grade and the overall average grade are
above 5 then the final grade is the average grade. Otherwise, the final grade is the
minimum of the final exam grade and the overall average grade.

Retake:
If a retake exam is needed (only in cases where the student failed the ordinary evaluation), the final course grade will be
- In case the student received an APZ (it means that the previous exam was postponed but justified by medical or familiar reason and approved by Programme Management) the original breakdown must be maintained.
- In case the student received a NP (it counts 0; not justified absence in the previous exam) or fail, the retake will count 100% the grade of the course.

Bibliography

Howells, P., and Bain, K., (2008), The Economics of Money, Banking and Finance: a European Text, Financial Times/ Prentice Hall.

Mishkin, F. S., and Eakins, S. G., (2015), Financial Markets and Institutions, Pearson.

Ritter, L. S., Silber, W. L., Udell, G. F., (2009), Principles of Money, Banking & Financial Markets, Pearson.

Timetable and sections

Group Teacher Department
Year 1 Anna Bayona Font Economía, Finanzas y Contabilidad

Timetable Year 1

From 2024/2/12 to 2024/3/22:
Monday and Friday from 14:15 to 15:45. (Except: 2024/2/16, 2024/2/23, 2024/3/1, 2024/3/8 and 2024/3/15)
Each Monday from 16:00 to 17:30.

Friday 2024/3/22 from 16:00 to 17:30.

From 2024/4/8 to 2024/4/19:
Each Friday from 8:45 to 11:00. (Except: 2024/4/12)
Each Monday from 14:15 to 15:45. (Except: 2024/4/15)
Each Monday from 16:00 to 17:30. (Except: 2024/4/15)