Financial Markets

  • Credits: 4
  • Ending: Examination
  • Range: 2P + 2C
  • Semester: winter
  • Year: 2
  • Faculty of Business Economics with seat in Košice

Teachers

Included in study programs

Corporate Financial Management

Teaching results

The course aims to provide students with an overview and interpretation of instruments, transactions, and financial market institutions sufficient to understand and master theoretical and practical knowledge based on modern financial theories. Emphasis is placed on a deeper knowledge of the various components of the financial market, their analysis, and the possibility of use in business practice.
Knowledge:
The graduate will gain knowledge of financial markets and master the principles of financial investment. He understands the various instruments of the financial market and its comprehensive operations.
Skill:
The graduate is able to comprehensively analyze international financial processes, determine the appropriate method of financing or reducing the financial risk of the company. Orients in investment instruments and financial institutions in an international environment.
Competence:
The graduate will master the financial and economic laws of financial markets, assess the advantages and disadvantages of specific financial instruments, and evaluate their potential in specific business practice.

Indicative content

Lectures:
1. Introduction to financial markets, characteristics, division.
2. Financial institutions.
3. Classic securities, shares, bonds.
4. Regulation and supervision.
5. Analysis of financial markets, fundamental, technical and psychological.
6. Trading, stock exchanges, OTC.
7. Foreign currencies and precious metals.
8. Options.
9. Fixed futures trades.
10. Collective investment.
11. Synthetic derivatives.
12. Structured products.
13. Crises and bubbles.
Seminars:
1. Forwards and futures, value at risk.
2. Options.
3. Volatility.
4. Bonds, duration, convexity.
5. Mergers and acquisitions.
6. Semester test.
7. Preparation of materials for seminar papers.
8. Processing of materials for seminar papers.
9. Analysis of materials for seminar papers.
10. Drawing conclusions from the analysis of seminar papers.
11. Presentations of seminar papers and discussion.
12. Presentations of seminar papers and discussion.
13. Presentations of seminar papers and discussion.

Support literature

Elementary literature:
1. CHOVANCOVÁ, B. 2006. Finančný trh. Nástroje, transakcie, inštitúcie. Bratislava : Iura Edition, 2006. ISBN 80-8078-089-7.
2. BODIE, Z. – KANE, A. – MARCUS, A. 2004. Investments. 6th Edition. New York: McGraw Hill, 2004. ISBN 0-07-293414-X.
3. HOWELLS, P. – BAIN, K. 2007. Financial Markets and Institutions. Harlow : Prentice Hall, 2007. ISBN 978-0-273-70919-0.
4. DAMODARAN, A. 2002. Investment Valuation. New York : John Wiley & Sons, 2002. ISBN 0-471-41490-5.
5. GRAHAM, B. – DODD, D. L. 2005. Security Analysis. The Classic 1951 Edition. New York : McGraw – Hill, 2005. ISBN 0-07-144820-9.
Supplementary literature:
6. FABOZZI, F. J. 2008. Bond Markets, Analysis and Strategies (Int’l Edition)–6th Edition. Prentice Hall, 2008.
7. FABOZZI, F. J. - DRAKE, P. P. 2010. The basics of finance: an introduction to financial markets, business finance, and portfolio management. John Wiley & Sons, 2010.

Syllabus

Lectures: 1. Introduction to financial markets, characteristics, division. 2. Financial institutions. 3. Classic securities, shares, bonds. 4. Regulation and supervision. 5. Analysis of financial markets, fundamental, technical and psychological. 6. Trading, stock exchanges, OTC. 7. Foreign currencies and precious metals. 8. Options. 9. Fixed futures trades. 10. Collective investment. 11. Synthetic derivatives. 12. Structured products. 13. Crises and bubbles. Seminars: 1. Forwards and futures, value at risk. 2. Options. 3. Volatility. 4. Bonds, duration, convexity. 5. Mergers and acquisitions. 6. Semester test. 7. Preparation of materials for seminar papers. 8. Processing of materials for seminar papers. 9. Analysis of materials for seminar papers. 10. Drawing conclusions from the analysis of seminar papers. 11. Presentations of seminar papers and discussion. 12. Presentations of seminar papers and discussion. 13. Presentations of seminar papers and discussion.

Requirements to complete the course

independent work, activity
final written exam
• semester test – 20 %
• semester work – 20 %
• final written exam – 60 %

Student workload

• participation in lectures - 26 hours
• participation in seminars - 26 hours
• preparation for the semester test - 16 hours
• preparation of the semester assignment - 16 hours
• preparation for the exam - 20 hours
Total: 104 hours

Date of approval: 15.02.2023

Date of the latest change: 11.07.2022