FIN 406: Fin Mkts and Institutions

Course Description

This course will introduce students to the financial markets, institutions, and instruments. The contents consist of the role and importance of the financial markets, interest rate determination and security valuation, the functions of money, bond, mortgage, stock, foreign exchange and derivative securities markets, the activities of financial institutions such as insurance companies, securities firms and investment banks, hedge funds, and pension funds, and management of credit and interest rate risks on the balance sheet of financial institutions. Familiarity with these topics is necessary for students to be competent in their future professional career in finance. (YR)