Financial Institutions and Markets (ITF410)

Course Objective: The course aims at evaluating financial markets and institutions in its global international setting. It begins with the concept of “financial assets”, their role in a modern economy and the role of financial markets. We will focus on financial intermediaries, their functions, a short review of their asset/liability management and recent developments, i.e., financial innovation, asset securitization and globalization. Moreover; depository institutions, Central Bank, creation of money and monetary policy are the subjects covered. Financial crisis, financial regulation and the role of banks will also be comprehensively covered during the courses.

Learning Outcomes: The students who succeeded in this course;

• will be able to explain financial markets, financial intermediaries and their roles.
• will be able to discuss the place and importance of financial markets in the economy.
• will be able to give information about the market players and working principles of the financial markets.
• will be able to explain the international financial system.
• will be able to explain the impact of monetary policy in the economy.

CourseContent: The content of this course will be comprised of mainly examining the structure of financial institutions and markets in developed countries and emerging markets as well as their interactions. The basic topics to be covered in this course are; the evolution of financial institutions, their role within the financial system, the operation of financial markets, their impact on economy, their future role and possible development strategies for financial markets.