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.


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. Students will be able to read and comprehend banks’ annual reports and the articles of Financial Times.  

Credits: 6

Schedule: 11.01.2023 - 21.02.2023

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


  • valid for whole curriculum period:


Assessment Methods and Criteria
  • valid for whole curriculum period:

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


Substitutes for Courses
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    13 Climate Action


Further Information
  • valid for whole curriculum period:

    Teaching Language : English

    Teaching Period : 2022-2023 Spring III
    2023-2024 Spring III

    Enrollment :

    Mandatory course in Minor in Finance. A maximum of 400 students can be accepted to the course. BIZ degree and exchange students are prioritized to the course.

    Not open for BIZ Finance major students (finance degree students can register for the course 28C00800 Financial Markets and Institutions). Not open for first year students at the Bachelor's programme in Business (Kauppatieteiden kandidaattiohjelma).