1.a Role of financial markets and institutions.
1.b Time value of money, compounding.
1.c Financial reporting and analysis, ratios.
2. Determination and structure of interest rates.
3. Functions of the Central Bank and Monetary policy.
4. Money markets.
5. Bond markets.
6. Valuation and risk of bonds.
7. Mortgage markets.
8. Investor monitoring and stock offerings.
9. Stock valuation and risk.
March 4, Monday - Class exercises (compulsory, 7.5% weight)
10. Financial futures markets.
11. Option markets.
12. Interest rate derivative markets.
13. Foreign exchange derivative markets.
Program review
March 25, Wednesday - First Exam (from 1 to 13, 40% weight)
14. Commercial bank operations.
15. Bank regulation.
16. Bank management.
17. Bank performance.
18. Thrift operations.
19. Finance company operations.
20. Mutual fund operations.
21. Securities operations.
22. Insurance and pension fund operations.
23. Regulatory reform in financial services.
24. Ethics and best practices in finance.
Program review
Second Exam (from 14 to 24, 42.5% weight), see JCU final exam schedule for date and time.