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Regular version of the site
2022/2023

Financial Markets and Instruments

Category 'Best Course for Career Development'
Category 'Best Course for Broadening Horizons and Diversity of Knowledge and Skills'
Category 'Best Course for New Knowledge and Skills'
Type: Mago-Lego
Delivered by: Практико-ориентированные магистерские программы факультета экономических наук
When: 1 module
Online hours: 20
Open to: students of one campus
Instructors: Sergei Grishunin, Pavel Malyshev
Language: English
ECTS credits: 3
Contact hours: 10

Course Syllabus

Abstract

Financial markets and Instruments course is focused on the features and the use of various types of financial instruments including stocks, bonds and derivatives. Moreover, the course covers financial intermediation, market infrastructure and regulation. The emphasis is made on general economic intuition rather than on quantitative models. The course is a major professional core course of the online degree Master program “Business analytics and strategic business reporting”. Financial Markets and Instruments is the basic course, which is required for the further study of asset pricing using various quantitative models. These topics are covered in the Theory of Finance.
Learning Objectives

Learning Objectives

  • Ability to explain the differences between different types of financial instruments. Deep and thorough understanding of how financial markets work. Developing analytical and practical skills in the field of financial markets. Understanding of the role of financial institutions in various types of financial markets.
Expected Learning Outcomes

Expected Learning Outcomes

  • - to obtain the skills to create financial models related to investments; - to know how to use various information and data sources to analyze and process data for economic and financial estimations; - to collect, process and present information on various national financial markets;
  • - to apply the background in economics and finance to solve professional tasks; - to make efficient investment decisions in uncertainty; - to be able to identify economic problems when analyzing specific types of financial instruments, evaluate the expected results.
Course Contents

Course Contents

  • Overview of the financial system
  • Emerging and growth leading economies
  • Trends in financial markets
  • Equity securities
  • Equity markets
  • Fixed income securities
  • Credit risk analysis and roles of ratings
  • Corporate debt market
  • Fundamentals of derivatives
  • Mezzanine financing and alternative investments
  • Structured finance and collateralized debt obligations
  • Commercial and investment banking: services and products
  • Foreign exchange markets
  • Hedge funds and private equity
  • Trading in short, medium and long run
  • Digital finance
  • Financial crises and bubbles
Assessment Elements

Assessment Elements

  • non-blocking Test
  • non-blocking Project
Interim Assessment

Interim Assessment

  • 2022/2023 1st module
    0.4 * Test + 0.6 * Project
Bibliography

Bibliography

Recommended Core Bibliography

  • Mishkin, F. S., & Eakins, S. (2016). Financial Markets and Institutions, Global Edition (Vol. Eighth edition, Global edition). Harlow: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1419018
  • Valdez, S., & Molyneux, P. (2015). An Introduction to Global Financial Markets: Vol. 8th ed. Palgrave Macmillan.

Recommended Additional Bibliography

  • Bodie, Z., & Merton, R. C. (2012). Finance. Slovenia, Europe: Prentice Hall. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsbas&AN=edsbas.854D85E7

Authors

  • VOLKOVA KIRA YUREVNA