Objectives and competences
In this course students:
1. Are familiarised with and grasp the basic definitions and concepts in the field of finance
2. Are familiarised with the importance, role and the way of functioning of financial sector in national economy
3. Are familiarised with the role of financial institutions in financial system and national economy
4. Acquire fundamental knowledge of the functioning of financial system, financial institutions , financial markets; are familiarised with the basic characteristics of financial instruments, including financial derivatives, with the concept of yield and yield to maturity, with the concept of term and risk structures of interest rates, value of money changes, exchange rate regimes, time value of money concept and acquire the fundamental knowledge in the field of banking and corporate finance
Content (Syllabus outline)
1. Introduction to finance
2. Money, the monetary system and the value of money
3. Financial system and financial markets
4. Financial instruments and financial institutions
4. Interest rates and time value of money
5. Personal finance and financial literacy
6. Business finance and financial analysis
7. Public finance
Learning and teaching methods
Common lectures
AV presentations
Case studies
Intended learning outcomes - 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:
1. Develop professional ethics.
2. Develop learning techniques and strategies for individual study, permanent reflection and evaluation.
3. 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):
Hubbard, G., O'Brien, A.P..2021. Money, Banking and the Financial System. Pearson (izbrana poglavja)
Mishkin, F. S., Eakins, S. G.. 2023. Financial Markets and Institutions. Pearson (izbrana poglavja)
Additional information on implementation and assessment Written exam 80%
In-class
participation 20%
