International Financial Systems

Universidad Carlos III de Madrid

Course Description

  • Course Name

    International Financial Systems

  • Host University

    Universidad Carlos III de Madrid

  • Location

    Madrid, Spain

  • Area of Study

    Finance, International Business, International Studies

  • Language Level

    Taught In English

  • 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.

    Hours & Credits

  • ECTS Credits

    6
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    International Financial Systems
    Bachelor in International Studies
    ECTS Credits: 6.0
    Course: 4
    Semester: 1

    COMPETENCES AND SKILLS THAT WILL BE ACQUIRED AND LEARNING RESULTS

    BASIC AND GENERAL COMPETENCES
    BASIC COMPETENCES
    CB1 - Be able to show that they possess and comprehend facts and contents in an area of study which, based on a previous general secondary school level, have been extended to those included in advanced textbooks and in some aspects proceed from the most advanced studies in this area.
    CB2 - Be able to show that they have learned how to apply their knowledge professionally to their future jobs or tasks and that they possess the competences needed to develop and defend arguments and solve problems in that area of study.
    CB3 - Be able to show that they are capable of collecting and interpreting the relevant data (normally within their area of study) needed for formulating judgments which require critical thought on social, scientific and ethical topics of relevance.
    CB4 - Be able to show that they are able to transmit information, ideas, problems and solutions both to specialized and non-specialized publics.
    CB5 - Be able to show that they have developed the learning skills required to perform further studies with a high degree of self-dependence.

    GENERAL COMPETENCES
    CG1 - Understand social, political, legal and economic realities from a comparative perspective.
    CG3 - Know quantitative and qualitative research techniques and possess the ability to choose which is most adequate to apply in the field of Social Sciences.
    CG4 - Be able to manage information: identify, organize and analyze relevant information critically and systematically within the context of international relations.
    CG5 - Be able to debate and formulate critical reasoning, using precise terminology and specialized resources, when analyzing international and global phenomena, employing both the concepts and knowledge from different disciplines as well as the methods of analysis, paradigms and concepts pertaining to the Social Sciences.
    CG6 - Be able to apply scientific method to the economic, social and political questions of a global society; be able to formulate problems in this context, identify a possible explication or solution, and a method to contrast them by sensibly interpreting the data.

    OVERLAPPING COMPETENCES
    CT1 - Acquire the capacity to communicate knowledge in oral and written form, both to specialized and to non-specialized publics.
    CT2 - Acquire the capacity to establish good interpersonal communication and to work both in interdisciplinary and international teams.
    CT3 - Acquire the capacity to organize and plan workloads, taking correct decisions based on the available information, collecting and interpreting relevant data in order to provide assessments in that area of study.
    CT4 - Develop the motivation and capacity to perform independent continuous learning for life, with an endowment to adapt to change and new situations.

    SPECIFIC COMPETENCES
    CE8 - Understand the structure of markets and the impact of public intervention on markets.
    CE9 - Be familiar with and comprehend the relevance of technological change for economic and social development.
    CE10 - Be able to discern the differentiating elements in international problems in accordance to the development stages of a country.
    CE13 - Be familiar with the principles of cost-benefit analysis and its application to basic problems.

    LEARNING RESULTS
    · Understanding the basic structure, characteristics and functions of a financial system, especially in its international dimension, in order to acquire a global view of the role that national and international financial systems play in the allocation of financial resources.
    · Acquiring the basic knowledge about the mathematical laws which rule international finance market operations in order to formulate and analyze these operations in their context.

    DESCRIPTION OF CONTENTS: PROGRAMME

    Instruments (assets), markets, agents (Banks, savings banks, brokers, etc.) and regulators. International capital markets: types and functioning. Regulators: Spanish, European, and international regulators. Impacts of monetary policy on the functioning of international capital markets. The impact the European Central Bank's monetary policy. Public debt markets in their domestic and international dimension. Interbank market in their domestic and international dimension. Stock markets: functions, structures and integration of different stock markets. Private debt markets in their domestic and international dimension. Derivative markets in their domestic and international dimension. Investment funds and financial credit institutions in their domestic and international dimension.

    ASSESSMENT SYSTEM

    Continous assessment - 40% Final Exam - 60%

Course Disclaimer

Courses and course hours of instruction are subject to change.

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.