Upon successful completion of this course, students should be able to:
Course Specific Skills:
1. Understand how financial systems work and why financial markets and institutions exist
2. Describe the reasons of interest rates change
3. Explain how future interest rates are determined
4. Understand how central banks employ monetary policy and affect the interest rates
5. Know details about different financial markets (which are the money, bond, stock, mortgage and foreign exchange markets) and the financial instruments traded in these financial markets
6. Discuss the reasons why financial institutions exist
7. Know the structure of commercial banking industry and understand how commercial banks operate
8. Discuss basics of mutual funds, investment banks and venture capitals
9. Understand the risk management practices in commercial banks
Discipline Specific Skills:
10. Develop skills in understanding how different financial markets and institutions operate
Develop an understanding of:
11. Reasons of financial crises
12. Importance of the financial intermediation for the economy
13. How financial instruments are transacted in the financial markets
Personal and Key Skills:
14. Develop problem solving skills
15. Develop writing and discussion skills