Registry

Module Specifications

Archived Version 2004 - 2005

Module Title	Financial Markets
Module Code	EF307
School	DCUBS
Online Module Resources
Level	3	Credit Rating	5
Pre-requisite	AC201, EF209
Co-requisite	None

Module Aims

The aim of this course is to introduce students to the financial markets and institutions.

Learning Outcomes

This course will approach the study of financial markets and institutions from a range of different perspectives ranging from corporate decision making through bank treasury operations and portfolio management to public policy decision. Students will learn to accommodate a diversity of views in the uses of the markets and institutions. Students will be familiarised with the existence of computerised information systems relevant to the field, as well as being required to collect, collate and analyse data on a regular basis.

Indicative Time Allowances
	Hours
Lectures	24
Tutorials	8
Laboratories	0
Seminars	0
Independent Learning Time	43

Total	75
Placements
Assignments

NOTE

Assume that a 5 credit module load represents approximately 75 hours' work, which includes all teaching, in-course assignments, laboratory work or other specialised training and an estimated private learning time associated with the module.

Indicative Syllabus

Foreign Exchange Markets: Introduction to the foreign exchange market, forwards swaps and interest parity, foreign currency futures and options. Domestic and international Equity Markets: Stock exchanges, dealing systems, settlement, new issues, rights and scrip issues, secondary markets. The Money and Bond Markets: Domestic money markets, call money, the interbank market, money market securities, certificates of deposit, commercial paper and bills of exchange, domestic bond markets. The Eurocurrency Markets: Eurobanking and eurocurrency centres, deposit dealing and the term structure of eurocurrency rates, syndicated eurocredits. International Bond Markets: Introduction to the international bond markets, new issue procedures in the Eurobond market, eurobond valuation and hedging, pricing options features in international bonds.

Assessment
Continuous Assessment	0%	Examination Weight	100%

Indicative Reading List

Valdez, S., An Introduction to Western Financial Markets. Macmillan Press, 1993. Grabbe, J.O., International Financial Markets, (2nd ed). Elsevier, 1991. Solnik, Bruno, International Investments, (2nd ed). Addison Wesley, 1993.

Programme or List of Programmes

BA in Accounting & Finance

Bachelor of Business Studies

BSI

Business Studies ( with INTRA )

BSSA

Study Abroad (DCU Business School)

BSSAO

Study Abroad (DCU Business School)

EBF

BA in European Business (French)

EBG