COURSE INTRODUCTION AND APPLICATION INFORMATION


Course Name
Financial Institutions and Markets
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ITF 410
Fall/Spring
3
0432423
3
5
Prerequisites
None
Course Language
English
Course Type
Service Course
Course Level
First Cycle
Mode of Delivery -
Teaching Methods and Techniques of the Course
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 Description 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 Required Materials
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 Notes/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,

Suggested Readings/Materials 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 Activities Number Weigthing
Participation
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
2
30
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterm
1
30
Final Exam
1
40
Total

Weighting of Semester Activities on the Final Grade
60
Weighting of End-of-Semester Activities on the Final Grade
40
Total

ECTS / WORKLOAD TABLE

Semester 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
48
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
2
Presentation / Jury
Project
Seminar / Workshop
Oral Exam
Midterms
1
17
Final Exams
1
22
    Total
135

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

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

To be able to identify and analyze problems in the field of trade and finance, and to develop solutions.

X
2

To be able to use the theoretical and practical knowledge gained in the field of International Trade and Finance.

X
3

To be able to analyze the developments in global markets by using critical thinking skills.

X
4

To be able to analyze and interpret data in the field of finance, commerce and economics by using information technologies effectively.

X
5

To be able to acquire knowledge about the legal regulations and practices in the field.

X
6

To be able to foresee and define the risks that could be encountered in the field of trade and finance and to take decisions to manage such risks.

X
7

To be able to acquire and use verbal and numerical skills necessary for the nature of international trade and finance program.

X
8

To be able to obtain, synthesize and report the information related to the fields of trade and finance.

X
9

To be able to contribute to the solution of problems as individual, team member or leader.

X
10
To be able to evaluate the issues related to the field with an ethical perspective and social sensitivity.
X
11

To be able to collect data in the areas of International Trade and Finance and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).

X
12

To be able to speak a second foreign at a medium level of fluency efficiently.

13

To be able to relate the knowledge accumulated throughout human history to their field of expertise.

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