COURSE INTRODUCTION AND APPLICATION INFORMATION


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Course Name
Financial Institutions and Markets
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 410
Fall
3
0
3
5
Prerequisites
None
Course Language
English
Course Type
Required
Course Level
First Cycle
Course Coordinator
Course Lecturer(s)
Assistant(s)
Course Objectives The course aims at evaluating financial markets and institutions in its global international setting. It begins with the concept of “financial assets”, their role in a modern economy and the role of financial markets. We will focus on financial intermediaries, their functions, a short review of their asset/liability management and recent developments, i.e., financial innovation, asset securitization and globalization. Moreover; depository institutions, Central Bank, creation of money and monetary policy are the subjects covered. Financial crisis, financial regulation and the role of banks will also be comprehensively covered during the courses.Your Financial World, Applying the Concept and Tools of the Trade sections are also designed to enhance better understanding the topics that complement the chapters covered.
Learning Outcomes The students who succeeded in this course;
  • will be able to explain financial markets, financial intermediaries and their roles.
  • will be able to discuss the place and importance of financial markets in the economy.
  • will be able to give information about the market players and working principles of the financial markets.
  • will be able to explain the international financial system.
  • will be able to explain the impact of monetary policy in the economy.
Course Content The content of this course will be comprised of mainly examining the structure of financial institutions and markets in developed countries and emerging markets as well as their interactions. The basic topics to be covered in this course are; the evolution of financial institutions, their role within the financial system, the operation of financial markets, their impact on economy, their future role and possible development strategies for financial markets.

 



Course Category

Core Courses
X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 An Introduction to Money and the Financial System & Academic Honesty Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 1 & Academic Honesty Policy
2 Money and the Payments System Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 2
3 Financial Instruments, Financial Markets, and Financial Institutions Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 3
4 Understanding Risk Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 5
5 The Economics of Financial Intermediation Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 11
6 Depository Institutions: Banks and Bank Management Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 12
7 Financial Industry Structure Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 13
8 MIDTERM
9 Regulating the Financial System Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 14
10 Central Banks in the World Today Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 15
11 The Central Bank Balance Sheet and the Money Supply Process Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 16
12 The Central Bank Balance Sheet and the Money Supply Process Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 17
13 Modern Monetary Policy and the Challenges Facing Central Bankers Money, Banking and Financial Markets, 5th Edition, Stephen G. Cecchetti & Kermit L. Schoenholtz Chapter 23
14 Advanced use of FRED Database Using MS Excel
15 Advanced use of FRED Database Using MS Excel
16 Review of the Semester
Course Textbooks

Textbook: Money, Banking and Financial Markets, 5th Edition, | Stephen G. Cecchetti Kermit L. Schoenholtz | McGraw Hill Connect; www.mheducation.asia/olc/cecchetti | PowerPoint presentations, daily domestic and international news from various sources,

References Newspapers: Financial Times, Wall Street Journal Europe. | Magazines: The Economist. | TV: Bloomberg, Cnbc-e. Media: www.moneyandbanking.com | Database: http://research.stlouisfed.org/fred2/ FRED® , http://www.imf.org/external/data.htm#data Web Pages: www.bis.org , www.imf.org

 

EVALUATION SYSTEM

Semester Requirements Number Percentage
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
2
30
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
30
Final / Oral Exam
1
40
Total

Contribution of Semester Work to Final Grade
60
Contribution of Final Work to Final Grade
40
Total

ECTS / WORKLOAD TABLE

Activities Number Duration (Hours) Workload
Course Hours
Including exam week: 16 x total hours
16
3
48
Laboratory / Application Hours
Including exam week: 16 x total hours
16
Study Hours Out of Class
16
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
2
Presentation / Jury
Project
Seminar / Workshop
Portfolios
Midterms / Oral Exams
1
17
Final / Oral Exam
1
22
    Total
135

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Qualifications / Outcomes
* Level of Contribution
1
2
3
4
5
1

To become individuals having high intellectual capacity, improved social skills, positive thinking, the ability to adapt to different environments and institutions

X
2

To have technical equipment, flexible thinking and action ability and multiple language skills to be capable of working in international platforms

X
3

To be able to utilize the basic knowledge they obtained with an interdisciplinary approach to business, economics, etc. in creating expertise in the fields of International Trade and Finance in accordance with the requirements of the globalized business world

X
4

To be able to monitor and analyze the dynamics of international trade and financial markets which are the two fields observed intensively in the current conjuncture of globalization

X
5

To develop suggested solutions and recommendations by informing the people and institutions predicting regional, national and international problems in the fields of international trade and finance with a proactive approach

X
6

To possess the ability of analytical thinking and the ability to synthesize with quantitative proficiency as required in the program

X
7

To have the characteristics to inquire and investigate the knowledge and skills acquired during the education process in relation to the requirements of existing market conditions

X
8

To identify and analyze the validity of theories related to the international trade and finance and their relationships regarding current conditions

X
9

To possess the knowledge of a second foreign language to the extent of their individual abilities, besides the competency in the English language to be able to communicate effectively

X
10

To have the qualifications of managing and being managed to solve existing and potential problems encountered in practice

X
11

To be able to organize activities that will contribute to the personal and professional development of the employees in the department where he/she holds an executive position

X

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest