Financial markets and institutions

BA 685 - Financial markets and institutions

Course Calendar

Week/
Date Lecturer/Activity/Assignment
Subject
Week-1
Overview of the financial system, Functions of financial markets.
structure of financial markets, internationalization of financial markets.
Week-2
Financial intermediaries, function of financial intermediaries.
regulation of the financial system.
Week-3
Money markets defined.
Purpose of money markets, who participates in money markets.
Week-4
Money market instruments.
Comparing money market securities.
Week-5
Purpose of the capital markets, capital market participants.
Capital market trading.
Week-6
Types of bonds.
Treasury notes and bonds, municipal bonds.
Week-7
Stock market, investing in stocks, computing the price of common stock.
How the market sets security prices, errors in valuation.
Week-8
Stock market indexes, Buying foreign stocks.
Regulation of the stock market.
Mid-term
Week-9
The mortgage market, What are mortgages, Characteristics of residential
mortgages.
Types of mortgage loans, mortgage lending institutions.
Week-10
Loan servicing, secondary mortgage market
Securitization of mortgages, the impact of securitized mortgages on the

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 mortgage market.
Week-11
Foreign exchange market.
Exchange rates in the long run.
Week-12
Exchange rates in the short run.
Exploring changes in exchange rate.
Week-13
Foreign exchange market, intervention in the foreign exchange market,
Balance of payments.
Exchange rate regimes in the international financial system,
Week-14
Mutual Funds
open ended and closed ended mutual funds
Various categories and types of Mutual Funds.
Merits and Demerits of Mutual Fund Investment
Week-15
Managing Mutual fund operations
Insurance Companies
Role of Insurance Companies in financial markets
Advantages of Insurance Companies and financial stability
Week-16
Pension Funds
Pension Fund Operations in USA and Pakistan
Regulating Pension Funds
Role of Pension Funds in developing financial markets
Final-term

Resources:

Financial markets and institutions by Anthony Saunders and Marcia millon cornett 4th edition.
Money and Capital Market by Peter S. Rose Fifth Edition
The economics of Money, Banking and Financial Markets. Business school edition.(2nd Edition )by
Fredric S. Mishkin)
Financial Markets and Institutions, and Money by Fredric S. Mishkin 5th Edition

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