Financial Institutions and Markets

Description

In the course "Financial Institutions and Markets", students are introduced into the basic principles and terminology of banking, finance and investment. The starting point is the study of the organization and operation of a financial institution. The course examines the variety of funding sources and the use of those funds. In this way, the student will be made familiar with the various types of accounts, investment products and loans, offered by a bank. It will also discuss the valuation of the various products and the calculation of costs and/or returns. In addition, the course will introduce students into the working of financial markets in which a bank and other financial institutions as well as institutional and retail investors operate. The course will explain stocks and bonds in detail and discuss their valuation. This is illustrated with practical examples and frequent reference to current events, media and numbers so that students can solve concrete financial issues using the correct terminology and formulas. In this course, the following key objectives are (partially or fully) realized: Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and applies them when solving (business) economics problems. The student understands the functioning of the financial markets and institutions and their mutual impact. Masters the basic concepts and the overall functioning of banking, the stock market and the insurance business as well as the characteristics and functioning of the most important financial products and financial markets. The student knows the most important concepts and products of the financial institutions and financial markets Using the principles of time value of money, interprets information from financial reporting and news coverage, and uses all this as input in financial issues. The student is able to solve analytical questions with respect to bankproducts and financial instruments based on the concept of time value of money. Detects the impact of regional, national and international environmental factors on corporate policies and estimates the complexity of operating in an international environment when putting together a strategy. The student is able to analyze the impact of the evolution of the international regulation in the financial sector on the management of the financial institutions. Shows interest in current affairs and broadens his background knowledge. The student is aware of the recent developments in the financial sector and the financial markets Is familiar with relevant ICT applications and uses the knowledge and skills to solve (business) economic problems. Estimates the impact of business operations on various stakeholders and society. The student understands how financial institutions and markets impact the behaviour of individuals, companies and government ERS Objectives: - Gain insight into the role of regulation and regulators (e.g. EU MiFID, ECB, FSMA, Basel Committee) in ensuring Ethics, responsibility and sustainability within financial institutions and markets (ERS Worldview) - Gain insight into the (importance of) integrating multidimensional (stakeholder) perspectives within financial institutions and markets (Complexity in ERS) - Gain insight into how societal changes influence the role of (financial) markets and institutions (Future orientation for ERS) The position of the course in the framework of the learning objectives of the programme can be found under the section “Objectives” of the “Bachelor of Business Administration (Brussels)”.