Objectives and competences
In this course students:
1. Are familiarised with and grasp the basic concepts in the field of finance
2. Are familiarised with the importance and the role of finance and financial sector
3. Are familiarised with the importance and the role of financial institutions in financial system
4. Acquire fundamental knowledge of the functioning of financial institutions (central bank, commercial banks and other financial institutions), financial markets; are familiarised with the basic characteristics of financial instruments, reasons for value of money changes, exchange rate regimes, time value of money concept and acquire the fundamental knowledge in the field of corporate finance
Content (Syllabus outline)
money and its value
-financial system, financial institutions
-interest rate, exchange rate, foreign exchange market
-financial market and instrument
-central bank: role in monetary system, instruments of central bank, central bank objectives
-commercial banks and their functioning
-fundamentals of corporate finance
Learning and teaching methods
Common lectures
AV presentations
Case studies
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
1. Understand basic concepts of finance
2. Lear to use basic knowledge in the field of finance to understand the functioning of financial system
3. Can demonstrate awareness of ethical issues in the field of finance
4. Are able to discuss ethical issues in relation to personal beliefs and values.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
1. Can analyse with guidance using given classification/principles.
2. Can collect and arrange data and ideas in a standard way.
3. Can evaluate the reliability of data using defined techniques and under guidance.
4. Students develop greater independence of thought and the ability to solve problems.
Key/Transferable skills
Students:
5. Develop professional ethics.
6. Develop learning techniques and strategies for individual study, permanent reflection and evaluation.
7. Develop interest for lifelong learning.
Practical skills:
1. Can operate in predictable, defined contexts that require use of a specified range of standard techniques
2. Is able to act with limited autonomy, under direction or supervision, within defined guidelines
Readings
Obvezna študijska literatura (Compulsory textbooks):
Markovič Hribernik T. 2009. Osnove finančnega poslovanja -zapiski predavanj. UM, Ekonomsko poslovna fakulteta. Maribor.
Markovič Hribernik T., Taškar Beloglavec S., Jagrič V., Markovič Hribernik T. (urednik). 2014. Osnove finančnega poslovanja: skripta za vaje: UM, Ekonomsko poslovna fakulteta. Maribor.
Aktualni članki in analize s področja financ
Dodatna študijska literatura (Additonal textbooks):
Mishkin, Frederic S..2019. The Economics of Money, Banking, and Financial Markets. Pearson Education. 12th edition (izbrana poglavja)
