FI363 Financial Institutions & Markets

for F1R 2006

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Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


FI 363 Financial Institutions and Markets


F1R 2006 SC


Bilski, John L.


senior lecturer


B.S. Ecomomics, MBA, M.S. International Reletions

Office Location

Scott AFB Il.

Office Hours

Before and after class

Daytime Phone



Semester Dates

21 Aug. - 15 Oct. 2006

Class Days


Class Time

5:00 - 7:30 PM

Credit Hours


Financial Markets and Institutions, Jeff Madura, 7th Edition, Thomson, Southwestern, ISBN 0-324-31946-0

Additional Resources:
Wall Street Journal, Business Week, and the USA Today paper.

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Course Description:
A study of the macrofinancial environment with emphasis on the structure, functions, and economic role of financial institutions and markets. This includes the role of commercial banks, the central banking system and international finance. PREREQUISITE: EC 301. 3:0:3

Learning Outcomes:
  Core Learning Outcomes

  1. Discuss the money supply response to changes in key variables including the reserve ratio, the nonborrowed monetary base, the discount rate, the currency ratio, expected deposit outflows, and market interest rates.
  2. Compare the Classical and Neoclassical (Monetarist) views of money demand with the Keynesian view, focusing on the role of interest rates and the debate surrounding the velocity of money.
  3. Identify the tools, goals, and targets of monetary policy.
  4. Discuss the transmissions mechanisms of monetary policy.
  5. Discuss how asymmetric information, adverse selection, and moral hazard relate to banking regulation in the U.S. and abroad.
  6. Apply macroeconomic and monetary theory to a selected real world situation.

  Instructor Learning Outcomes
  1. Students will learn the role of financial instituions play in business and private investments.
  2. students will learn about the different interest rates and how they are determined
  3. The students will learn about the stock and bond market and the role they play in our economy.
  4. The student will learn about mutual funds and how the operate and the difference from stocks and how important they will be in their life saving plan.
Core Assessment:

Class Assessment:
There will be three test and a paper for this class. Also students are expected to bring in articles for disccusion in the class from different sources.

The three test will count for 90 per of the grade. Ten percent will be for the paper and class discussions. A = 90- 100 points B = 80- 89 points C = 70- 79 points D = 60- 69 points F < 60 points

Late Submission of Course Materials:
Points will be taken off for late home work.

Classroom Rules of Conduct:
Students will conduct themselves in a professionl manner in class.

Course Topic/Dates/Assignments:
DATE SUBJECT CHAP. 21 Aug. Course review. Role of Financial Markets and Institutions. 1 23 Aug. Determination of Interest Rates 2 28 Aug. Structure of Interest Rates. 3 30 Aug. Functions of the Fed. 4 4 Sept. Class will be made up on another day.Monetary Theory and Policy. 5 Test on Chaps. 1-4 6 Sept. Markets. 6 11 Sept. Bond Markets. 7 13 Sept. Bond Valuation and Risk. 8 18 Sept. Mortgage Markets. 9 20 Sept. Test on chaps. 6-9. Stock offerings and Inventory Monitoring. 10 25 Sept. Stock Valuation and Risk. 11 27 Sept. Market Microstructure and Strategies. 12 2 Oct. Bank Regulation 18 4 Oct. Mutual Fund Operations. 23 9 Oct. Securities Operations. 24 11 Oct. Final Exam.

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2006-2007 Undergraduate Catalog Page 87-89

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2006-2007 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "W".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .

Additional Information:



         If you miss  a class it is your responsibility to be prepared for the next class.


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Last Updated:8/17/2006 11:40:04 AM