BA4819 FINANCIAL INSTITUTIONS AND MARKETS

Course Code:3124819
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:6.0
Department:Business Administration
Language of Instruction:English
Level of Study:Undergraduate
Course Coordinator:Assoc.Prof.Dr. HALİT ENGİN KÜÇÜKKAYA
Offered Semester:Fall and Spring Semesters.

Course Objectives

By the end of this course the students understand and analyze how financial markets and institutions work. The students learn about the financial markets, where funds change hands. The investors and the borrowers meet at the financial markets. Sometimes it is not easy for the lender and borrower to find each other so they need an intermediary. These intermediaries in the financial markets are called financial institutions and they are very important for the financial system to work efficiently.

 


Course Content

Analysis of financial intermediation and the determination of interest rates. Businesses, consumers, and governments in money and capital markets are observed with emphasis on financial instruments. International financial markets are discussed. The purposes and functions of central banking are studied with primary attention to monetary policy.


Course Learning Outcomes

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


Program Outcomes Matrix

Level of Contribution
#Program Outcomes0123
1They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management.
2They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration.
3They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes.
4They are capable of applying, analyzing, synthesizing and evaluating the knowledge they have in diverse fields efficiently
5They are capable of transferring information by using efficient verbal and written communication techniques.
6They are capable of performing professional communication effectively also in English.
7They know the methods of performing efficient teamwork.
8They are capable of following the contemporary techniques, scientific and technological developments in their fields and are able to conduct research and studies in order to develop their business administration related knowledge, skills, and competences.
9They are knowledgeable in the areas of professional ethics and responsibility.
10They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts.
11They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values
12They have a creative, innovative and critical perspective.

0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution