28C00800 - Financial Markets and Institutions, Lecture, 7.1.2025-21.2.2025

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

Credits: 6

Schedule: 07.01.2025 - 21.02.2025

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 lectures and other material distributed (downloaded on MyCourses)
    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

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

    13 Climate Action

FURTHER INFORMATION

Further Information

  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Spring III
    2025-2026 Spring III

    Registration: This course is offered to BIZ finance bachelor major students only. A maximum of 75 students can be accepted to the course. Fnance BSc major students will be guaranteed a seat on the course. Students re-taking the course (grade already registered) will not be prioritized and can participate only if there are places remaining. Other BIZ, Aalto, and exchange students students can register for the course FIN-A0105 Fundamentals of Financial Markets and Institutions. 

Rules of Conduct - Students´ Rights and Responsibilities (in force from 1 August 2020)

Aalto University Code of Academic Integrity and Handling Violations Thereof