Financial Markets and Institutions

Course

URL study guide

https://studiegids.vu.nl/en/courses/2024-2025/E_EBE3_FMI

Course Objective

In the course students develop a deep understanding of financial markets and institutions. You learn to analyze real-life applications using the concepts from the literature. You solve problem sets and form teams to work on case studies. After successfully completing this course, you will be able to:explain how financial markets and institutions affect everyday life as well as how they create value and why this is the case (Bridging Theory and Practice
- knowledge);state stylized facts of the term structure of interest rates, the markets for stocks, bonds, ETFs and trading in them (Bridging Theory and Practice
- knowledge; Social Professional Skills);understand the differences between the European and American financial markets (Bridging Theory and Practice – application; Academic and Research Skills);explain the need for regulation of the financial system (Bridging Theory and Practice – application);describe the recent developments in the regulatory framework and how they affect the financial system and the economy (Bridging Theory and Practice – application).

Course Content

Financial markets are playing an important role in a modern economy. This course gives students an overview on how the financial system operates and where its weaknesses lie. It is an important building block for understanding our economy and students can connect micro and macro theories to the concepts developed in this course. The course also provides the necessary background for a future career in a financial institution or policy environment.

Teaching Methods

Lectures and tutorials.

Method of Assessment

Written exam – Individual assessment.Interim Assignments – Group assessment.Interim Assignments – Tests.

Literature


- Frederic S. Mishkin (2019), The Economics of Money, Banking and Financial Markets, 12th edition, Pearson. ISBN 978-0-13-473382-1
- Additional readings will be announced on Canvas.

Entry Requirements

Finance I.

Recommended background knowledge

Finance I, Finance II and Corporate Finance.
Academic year1/09/2431/08/25
Course level6.00 EC

Language of Tuition

  • English

Study type

  • Bachelor