FINC 335
Financial Markets and Institutions

1. Catalog Entry

FINC 335. Financial Markets and Institutions
Three hours lecture.

Prerequisite: Junior or Senior Standing

Examines markets and intermediaries that service the supply and demand for funds in a free enterprise economy.

2. Detailed Description of Content of Course

1. Functions of Financial Markets
2. Determination of Interest Rates
3. Relationships Between Interest Rates and Security Prices.
4. Financial Markets

a. Money Markets
b. Bond Markets
c. Mortgage Markets
d. Stock Markets
e. Financial Futures Markets
f. Options Markets
g. Swap markets
h. Foreign Exchange Markets

5. Financial Institutions

a. Commercial Banks
b. Thrift Institutions
c. Credit Unions
d. Investment Banks
e. Insurance Companies
f. Mutual Funds
g. Pension Funds

6. International Banking
7. Government Influence

a. Federal Reserve System and Monetary Policy
b. Federal Deposit Insurance Corporation and Bank Failure
c. Geographic and Product/Service restrictions

3. Detailed Description of Conduct of Course

Lectures on the above topics are supplemented with class discussion of current related events as reported in the business press. Students are encouraged to relate text materials to real-world activities.

4. Goals and Objectives of the Course

Having successfully completed the course, he student will be able to:

• Discuss in detail the operations of financial markets.
• Identify and describe the various financial claims traded in domestic and international financial markets
• Identify and describe the major financial institutions
• Understand and describe government influence on financial markets and institutions
• relate text materials to actual business practice

5. Assessment Measures

Graded assignments may include in-class tests, a final examination, pop quizzes, the assignment and presentation of problem exercises, papers, and class preparation and participation.

6. Other Course Information
7. Review and Approval

DATE ACTION APPROVED BY
September 2001 Reviewed Dr. Dan Davidson, Chair