Course Description
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Course Name
Financial Institutions and Markets
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Host University
University of Limerick
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Location
Limerick, Ireland
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Area of Study
Finance
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Language Level
Taught In English
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Prerequisites
Prerequisites: FI4003
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Course Level Recommendations
Upper
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
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ECTS Credits
6 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4
Hours & Credits
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Overview
Rationale and Purpose of the Module: The aim of this module is to give students an awareness and understanding of the current issues in, and key features of, the financial markets; Money Markets, Bond Markets, Foreign Exchange Markets and Derivative markets. It builds on the basic knowledge of finance obtained from the second year core module in Finance. It introduces the students to the various types of financial institutions and explores the function, typical activity and risk profile of each.
Syllabus: The determinants of interest rates and how interest rates affect bond valuations; primary and secondary markets; money markets; bond markets; equity/stock markets; foreign exchange markets, derivative markets; the differences between investment banks and commercial banks; how companies and issuers interact with financial institutions; insurance companies; hedge funds; venture capital companies; risk exposures of financial institutions; regulation; contributors to the financial crisis.
Course Disclaimer
Courses and course hours of instruction are subject to change.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
ECTS (European Credit Transfer and Accumulation System) credits are converted to semester credits/quarter units differently among U.S. universities. Students should confirm the conversion scale used at their home university when determining credit transfer.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.