Objectives and competences
To gain profound theoretical knowledge on monetary finance, investment and behavioural finance.
To gain profound theoretical knowledge of financial system and regulation of financial markets.
To undertake valuation of financial instruments. To analyze complex situations and processes regarding financial instruments and institutions.
Content (Syllabus outline)
1. Theories on money and interest rates
2. Behavioral finance
3. Financial institutions and financial system
4. Financial instruments, derivatives and valuation
5. Finance in Europe, USA,….. (regional features and challengies)
6. Financial stability and regulation of financial markets
Learning and teaching methods
Lecturing.
Case studies.
Active research work, discussion.
Problem solving.
Intended learning outcomes - knowledge and understanding
Development of Knowledge and Understanding
The learner
- has great depth and systematic understanding of a substantial body of knowledge. Can work with theoretical / research knowledge at the forefront of the discipline at peer reviewed standards/ publication quality
- can analyse and manage the implications of ethical dilemmas and work pro-actively with others to formulate solutions
- has a comprehensive understanding of techniques and methodologies applicable to finance (theory or research-based).
Cognitive and Intellectual Skills
The learner:
- with critical awareness, can undertake analysis, in the field of finance knowledge
- has a level of conceptual understanding and critical capacities that allows independent evaluation of research, and can argue alternative approaches
- can act independently in problem solving.
Key / Transferable Skills
The learner:
- is able to use full range of learning resources;
- is reflective on own functioning in order to improve practice;
- can undertake research tasks competently and independentl;
- is independent and self-critical as learner and can manage own continuing professional development;
- can communicate complex or contentious information clearly and effectively;
- can continue own professional study independently.
Practical Skills
The learner:
- can operate in complex and unpredictable / specialised contexts that may be at the forefront of knowledge. Has overview of the issues governing good practice
- can act in a professional capacity for self / others, with responsibility and largely autonomously and with initiative in complex and unpredictable situations
Readings
1. Cecchetti, S. G. in K. L. Schoenholtz (2011). Money, banking, and financial markets. New York: McGraw-Hill/Irwin.
2. Hull, J. C. (2009). Options, futures and other derivatives. Upper Saddle River (NJ) : Pearson : Prentice Hall (izbrana poglavja)
3. Heffernan, Shelagh (2007). Modern Banking. John Wiley & Sons Inc. (izbrana poglavja)
4. Gardner, Mona. J., Mills, Dixie .L.,Cooperman, Elisabeth .S. (2005). Managing Financial Institutions; An Asset Liability Approach. 4th ed..The Dryden Press, Dryden (izbrana poglavja)
5. Izbrana gradiva in publikacije (Selected Readings and Publications): Direktive in Uredbe EU (Directives EU and EU regulations), BIS, ECB, ESMA, EBA, EIOPA
6. Izbrani znanstveni in strokovni članki (Selected scientific and professional papers)
Additional information on implementation and assessment Case study 70
Written exam 30
Student passes the exam, when each part of the examination is evaluated as positiv.
