Capital and Security Markets
Functions and instruments of capital markets: relationships to money markets, historical background, structures, and analysis of significant economic problems and trends in the markets.
 Hours3.0 Credit, 3.0 Lecture, 0.0 Lab
Course Outcomes: 

Explaining Financial Institutions

Be able to explain the function, risks, regulatory environment and capital market impacts of a number of financial institutions (banks, mutual funds, savings and loans, insurance companies, pension funds).

Understanding Financial Terms

Be conversant with the features, risks and use of bank instruments, money market securities, bonds, equities, debentures, loan covenants and agreements, equity-linked debt, and asset securitization notes.

Cost Calculations and Pricing Impacts

Perform all-in-cost calculations and pricing impacts of hedging, interest rate swaps, foreign currency swaps, derivatives, synthetic securities, embedded options.

Understanding Issues and Problems

Develop a working vocabulary and understanding of the major issues and problems faced by finance specialists in the current global market.