Financial Markets and Institutions [CRN 79594]

Discipline: Finance
Instructor: Hine
Credits: 3
Day: A
Start: 1400
End: 1520
Field Work: Day 5 | November 8, 2017 | 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 financial system. A primary focus will be on how the markets for bonds, mortgages, currencies, equities, and derivatives (futures and options) work.  In addition, we will analyze world’s central banks work with and through other financial institutions such as commercial and investment banks to stabilize world economies.  As we travel the world, we will be able to compare how developed countries’ financial systems differ from those of the developing world and how micro finance has enabled many small businesses in these developing countries to grow.  We will also examine regulations in various parts of the world to see what impact those regulations have on the operations of financial institutions. By the end of the course, students will have a good foundation with which to compare and contrast how the world’s financial systems work.

Field Work

Country: Myanmar (Burma)
Day: 5
Date: November 8, 2017

We will be visiting the World Bank, Yoma Bank, a large private commercial bank, and Proximity Designs, a social enterprise based in Yangon, Myanmar.  You will have the opportunity to compare and contrast three different financial institutions while in Myanmar.  Detailed instructions for the field trip will be provided in class.

Learning Objectives:

  1. To study the functions of the World Bank at the county level
  2. To learn about commercial banking in a developed country
  3. To learn about micro financing and entrepreneurship from a CEO of a successful business.