Financial Institutions, Markets and Regulation

Subject	Financial Institutions, Markets and Regulation
Semester	3rd semester (autumn)
Type	Required (area of study: Applied Economics)
ECTS	6 ECTS
Study programme:	Business studies (Master)
Primary language:	Slovene

Introduction
The course will be conducted in the Slovene language in accordance with an officially approved curriculum in the Masters study program Business Sciences.
 
Preconditions
Students must have the appropriate knowledge in mathematics and statistics in order to be able to follow the lecture and to understand the study materials. Knowledge from Business Finance is desirable.

Goals
• To familiarize students with financial institutions and basic financial instruments, financial market players and application examples from the financial system.
• To familiarize the student with the principles and basic tools needed in the financial calculation in the financial world.
 
Competencies
• Acquiring knowledge and understanding the basic principles of the financial world.
• Understanding and distinguishing between individual financial instruments that are needed in the process of financing investments and financial operations.
• Ability to analyze financial processes and optimize financial operations.
• The ability to participate in financial markets in different roles.
 
Learning outcomes
The student will gain in-depth knowledge from various aspects of the functioning of the financial world, which will help to understand the functioning of the financial world, the differences between different financial instruments and thus be able to independently make financial decisions and operations.
 
Syllabus
• Financial markets (what they are, functions, types, actors, regulators),
• Money market, capital market (debt and equity),
• Other forms of financial markets (real estate market, exchange rates, ...),
• Interest rates
• ECB and FED
• Instruments in the money market and the capital market
• Evaluation of financial instruments,
• Stock market (index valuation)
• Banks and financial institutions (insurance companies, investment banks, mutual funds, ...),
• Basel standards
• Risk
• Options and other derivative financial instruments
 
Forms of work and methods of work
• Explanation of teachers
• Discussion / discussion
• Presentation of seminar papers
• Invited lectures
 
Evaluation system and criteria
Knowledge testing consists of two elements: 1) Seminar work (30%); 2) Exam (70%). Regardless of the calculation taking into account the individual weights, the positive assessment for the final examination must first be for a positive overall assessment.
 
Learning and study material

• Saunders, A. in M.M. Cornett (2012). Financial Markets and Institutions. 5 izdaja. New York: McGraw-Hill.
• De Haan, J., S. Oosterloo in D. Schoenmaker (2009). European Financial Markets and Institutions. Cambridge: Cambridge University Press.

Additional literature

• Brealey, R., S. Myers in F. Allen (2011). Principles of Corporate Finance. 10 izdaja. New York: McGraw-Hill.
• Brigham, E. in J. Houston (2016). Fundamentals of Financial Management. Mason: South-Western.
• Different papers.

Office hours:

• After courses
• By agreement