Financial Markets and Financial Institutions - Risk Management,
Course Code: 723G32
A synopsis for 2014 is presented under Course material. Ch 2-6 are mainly self studies.
This course deals with the management and regulations of financial markets and financial institutions. The course combines a historical and institutional perspective on financial crises, with practial risk management for financial institutions. The course has both a contemporary financial institutions management perspective and an historical perspective that helps to understand the challanges in the management and regulation of financial intermediaries and financial markets. The course explains why financial intermediaries exists in the first place, what is intrest rates, yields and why fluctuations in interest rates are so critical for risk management; why financial firms and the financial sector are seen as special compared to other firms and sectors in the economy. The course provides a deep understanding of financial crises in a historical perspective; how to identify, measure and manage risks in financial institutuions. In particular interest rate risk, credit risk, foreign exchange and liquidity risks. The course gives a good understanding of how to run financial institutions such as banks and treasuries. In addition, why countries end up in a debt crises and how countries can solve their debt crisis.
Saunders, Anthony and Marcia Millon Cornett, Financial Institutions Management - A Risk Management Approach, McGraw-Hill, 7 ed. 2011. Alt ed 8, or basically any edition will do above ed 4.
Reinhart, Carmen M. and Kenneth S. Rogoff, This Time is Different. Eight Centuries of Financial Folly. Princeton University Press 2009 (Paperback sept 2011).
+ Articles and printed material, and case studies.
Examination is done through one individual written exam as well as individual and group assignments. The first written exam takes place on December 11th, 8-12 am, 2014. The rest of the course is examined through individual and group assignments that might require a broadband network connection to communicate with other students. There is no need to be present in Linköping during this time. The final assignment should be handed in for grading on January 16th, 09:00.
Written examination dates:
14-12-11 First exam 8-12
15-01-23 Reexam 1
15-04-06 Reexam 2
Last updated: 2014-10-28