Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

To provide a comprehensive view of financial markets and institutions as well as the developments during the recent financial crisis.

By the end of the course, students will be familiar with the concepts of commercial banking, investment banking, central banking and shadow banking systems; pension funds; insurance companies and regulatory institutions. Students will understand the roots of the recent crisis and critically evaluate the advantages and disadvantages of the policy and regulatory reactions to the crisis.

Credits: 6

Schedule: 11.01.2022 - 25.02.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Vesa Puttonen

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    The course discusses commercial banking, investment banking, central banking, funds, insurance companies, and regulation.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    1. Lectures
    2. Final exam (50%), based on the books, lectures, and material distributed in lectures
    3. Case (30%)
    4. Term paper (20%)

Workload
  • valid for whole curriculum period:

    Lectures, 24 h
    Class preparation, 12 h
    Case and term paper preparation, 70 h
    Exam preparation, 50 h
    Exam, 3 h

DETAILS

Study Material
  • valid for whole curriculum period:

    Material distributed by the lecturer.

    Supplementary material: Mishkin, F.S. and S.G. Eakins (2016): Financial Markets and Institutions Global Edition.

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    1 No Poverty

    8 Decent Work and Economic Growth

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    A maximum of 10 students of Financial Engineering minor will be admitted to the course based on the study success. For more information, please contact the coordinator of the Financial Engineering minor Kaila Ruth or see the Study Guide for Minor studies (SCI).


    Teaching Period:

    2020-2021 Spring III

    2021-2022 Spring III


    Course Homepage: https://mycourses.aalto.fi/course/search.php?search=28C00800


    Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu (sisu.aalto.fi) instead of WebOodi.


    The course is offered to BIZ students only. A maximum of 10 students of Financial Engineering minor will be admitted to the course based on study success. For more information, please contact the coordinator of the Financial Engineering minor Kaila Ruth or see the Study Guide for Minor studies (SCI).