MBA644 Financial Markets and Institutions (3 cr.)

This course examines the markets and institutions that comprise the financial system. Topics covered include the determination and structure of interest rates, the impact of the Federal Reserve and other central banks on interest rates and economic growth, and the instruments of the debt market. The commercial bank is explored as a special case of a financial institution.

Upon completion of this course, students are expected to be able to do the following:

1. Evaluate the risk/return characteristics of debt instruments.
2. Interpret interest rate differentials among debt instruments.
3. Determine the effects of central bank actions on financial and non-financial firms.
4. Apply financial management tools to a depository financial institution.