MG 762 Financial Markets and Institutions
This course deals with the composition of the Capital Markets, the functions performed by financial markets; the flow of funds in the market; the fundamentals of interest rate determination and the term structure of the interest rates; interest rate risk; default risk; the analysis and valuation of the exchange rates traded in financial markets; the regulation of the financial markets and institutions; the deregulation movement; the money supply process; the hedging in the financial markets in the presence of economic uncertainty; risk metrics; option valuation, hedging, forward and futures contracts, swaps and other off balance derivative concepts. Students will analyze the impact of structural, policy, operational and legislative changes on the system.
Corequisite
AC 591