1.a Role of financial markets and institutions. 1.b Time value of money, risk/return trade/off. 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.
10. Financial futures markets.
11. Option markets.
First exam, Wednesday Nov. 4 (from 1a,b,c, 2, 3...to 11, 40% weight)
12. Interest rate derivative markets.
13. Foreign exchange derivative markets.
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. Compounding.
24. Regulatory reforms, ethics and best practices in finance.
Second exam (from 12 to 24, 50% weight), see JCU final exam schedule for date and time.