Financial Markets and Institutions [CRN 79594]

Discipline: Finance
Instructor: Mohaghegh
Credits: 3
Day: A
Start: 1530
End: 1650
Field Work: Day 5 | November 8, 2018 | Myanmar (Burma)
Prerequisites: One (1) principles of macroeconomics course Download Syllabus

This course is designed to provide students with an understanding of how financial markets and institutions operate within the overall framework of the domestic and global economies. A primary focus will be on how the markets for debt and equity securities, mortgages, currencies, and derivatives (futures and options) work.  In addition, we will study the functions of central banks that work with and through other financial institutions such as commercial and investment banks to stabilize the Nation States’ economies.  As we travel the world, we will be able to compare how developed countries’ financial systems differ from those of the developing nations and how micro finance has enabled many small businesses in the developing countries to grow.  We will also examine regulations in various parts of the world to see what impact the regulations have had on the operations of financial systems and institutions. By the end of the course, students will understand why the existence of an efficient and vibrant financial system that has properly been linked to the international financial system is a major requirement for smooth functioning and sustainable advancement of every economy.

Field Work

Country: Myanmar (Burma)
Day: 5
Date: November 8, 2018

We will be visiting the World Bank, Yoma Bank --a large private commercial bank, and Phandeeyar, an innovation lab that is spreading the use of technology to accelerate change and development in Myanmar. Phandeeyar invests in local technology startups, trains new entrepreneurs and builds the pool of new tech talents. You will have the opportunity to learn about the activities of these three different institutions while we are in Myanmar. Learning Objectives:

  1. To study the functions of the World Bank at the county level
  2. To learn about commercial banking in a developing country
  3. To investigate the relationship of Myanmar’s economy and its financial system with the rest of the world and
  4. To learn about the financial analysis involved in investing in local technology starts ups by Phandeeyar and the methods the company uses to finance such projects