Master
2023/2024
Financial Markets and Instruments
Type:
Compulsory course (Master of Business Analytics)
Area of studies:
Finance and Credit
Delivered by:
Master's Programmes Curriculum Support
Where:
Faculty of Economic Sciences
When:
1 year, 1 module
Mode of studies:
distance learning
Online hours:
20
Open to:
students of one campus
Instructors:
Sergei Grishunin
Master’s programme:
Магистр аналитики бизнеса
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
- 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
- - 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
- 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
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