SFB13114 Global Markets and Institutions (Autumn 2023)
Facts about the course
- ECTS Credits:
- 10
- Responsible department:
- Faculty of Computer Science, Engineering and Economics
- Campus:
- Halden
- Course Leader:
- Imtiaz Badshah
- Teaching language:
- English
- Duration:
- ½ year
The course is connected to the following study programs
Compulsory for students on the Bachelor Programme in Business Administration specializing in International Business.
Absolute requirements
All courses in first year must be passed before students can start in third year in the study programme.This requirement does not apply to the exchange students.
Recommended requirements
Foundation courses in B&A studies in economics (micro- and macro) and introduction to finance, as Microeconomics, Macroeconomics, Finance & Investment.
Lecture Semester
5th semester (autumn).
The student's learning outcomes after completing the course
Knowledge outcomes
The student acquires knowledge on:
- how the modern financial system is designed
- what is the structure and function of the system and how financial markets and financial institutions work together.
- insight in different segments of the financial markets and their complexity
- understanding for necessity for centralized regulation and control
- developing of analytical thinking and ethical judgments by studying recent financial crises causes and their outcomes.
Skills
The student will be able to:
- construct and explain models
- make calculation of interest rates, profits, present and future value of financial investments and other simple exercises.
- do information searching and ability to select and evaluate its relevance and quality.
General competence
The student have:
- insight into a complex ground of Finance
- understanding of the international financial system
- reflection on ethical dilemmas of quick and big money turnover for societies and social Groups.
Content
The course should give students basic knowledge of how the financial markets function, and how institutions cope with and respond to financial market development in various financial systems
- Overview of the financial system
- Understanding financial markets - the money markets, bond market, FOREX
- Financial institutions: the banking sector and non-banking sector
- Understaning Central Banks: Why and how the financial system is regulated and controlled
- The financial crisis and its consequences in a global economy
- Ethics in finance
Forms of teaching and learning
Lectures, group presentations, discussions. Teaching and learning is basically group centered with established groups. There are scheduled compulsory tutorials and classes, apart from self-initiated consultations and self-initiated cooperation.
Workload
The course will give the student approximately 280 hours of work.
Coursework requirements - conditions for taking the exam
Scheduled compulsory tutorials and classes 80 %, apart from self-initiated group work.
Obligatory exercises/hand-ins and group presentations, according to semester Schedule.
Paper version of presentation, improved after class discussion and teacher's comments, or other hand-in exercises must be approved by the teacher and submitted in Canvas within the deadline.
Students must get approved hand-ins to be allowed to take the final examination.
All coursework must be approved before signing up for the final exam.
Examination
A 4-hour individual written digital examination on campus
Aids permitted:
All aids except communication and collaboration, are allowed.
Grades: A-F.
Examiners
One internal and one external examiner, or to internal examinars.
Course evaluation
To improve the course, we need the evaluations from the students. The course is evaluated each semester. The evaluations from the students are treated by the departement staff.