Overview of domestic and international financial markets and institutions; how they allocate resources within domestic and global economies; the influence of money and interest rates on economic activity; pricing and trading of major financial markets’ instruments. Includes risk management, regulatory structures, and the transformative impact of emerging financial technologies.
Athena Title
Financial Institutions Markets
Equivalent Courses
Not open to students with credit in FINA 4000
Non-Traditional Format
This course will be taught 95% or more online.
Prerequisite
FINA 3000 or FINA 3000E or FINA 3000H
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Student learning Outcomes
Students will analyze the role of financial systems and institutions to explain how they allocate resources within domestic and global economies.
Students will apply bond pricing and interest-rate risk concepts to quantify movements in money, credit, and interest rates, and interpret their effects on financial markets under varying economic conditions.
Students will evaluate major financial markets and their instruments to determine their functions, pricing mechanisms, and roles in the financial system.
Students will assess risk-management practices and regulatory frameworks to explain how financial institutions operate safely within the broader financial system.
Students will examine emerging financial technologies to evaluate how innovations such as digital payments, online lending, and central bank digital currencies are reshaping financial markets and institutions.
Topical Outline
Overview of Financial Markets and Institutions
Federal Reserve and Its Powers
The Fed and Interest Rates; How Interest Rates are Determined
Bond Prices, Interest Rate Risk, and The Structure of Interest Rates
Money Markets
Bond Markets
Mortgage Markets and Mortgage-Backed Securities
Commercial Bank Operations
FinTech and Its Impact on Financial Markets and Institutions
Special Topics
Institutional Competencies Learning Outcomes
Analytical Thinking
The ability to reason, interpret, analyze, and solve problems from a wide array of authentic contexts.
