FI363 Financial Institutions & Markets

for F2B 2009

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FI 363 Financial Institutions & Markets


F2B 2009 BL


Jones, Keith T.


Adjunct Faculity


Master of Business Management (M.B.A.)
Bachelor of Science (B.S.) in Accounting

Office Hours

Call or email for Appointment

Daytime Phone


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Class Days


Class Time

7:40 - 10:10 PM

Credit Hours



Financial Markets & Institutions,    Mishkin & Eakins  edition 6, Pearson Prentice Hall
ISBN 13: 978-0-321-37421-9

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

Wall Street Journal
A Business Calulator

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Course Description:
FI363 Financial Institutions and Markets: 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: EC301 3:0:3

Educational Philosophy:

Educational Philosophy: Example: The facilitator’s educational philosophy is one of interactiveness based on lectures, readings, dialogues, examinations, internet, web sites and writings. Instructor will target the cognitive skills  of memory,  comprehension,  and application. Accounting  is a practical course and we will emphasize problem solving.

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.

Core Assessment:

Class Assessment:

Class Assessment: Examinations, presentations, projects, papers, etc.


Tests                                                                         25%
Mid-Term                                                                   20%

Final Exam                                                                30%
Homework                                                                10%

Research Probe                                                        15%

Final Grade                                                                100%

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business.

Late Submission of Course Materials:

Usually I do not accept late submission of work;  however, talk with me prior to deadline of submitting any course work  and I will make arrangements for a later submission if it seems justifiable  and fair to other students.

Classroom Rules of Conduct:

Students should conduct themselves properly at all times in the classroom,  and never interrupt the instructor when he has clearly shown that lecture is in order. 

Course Topic/Dates/Assignments:

WEEK             TOPIC

One     Chapter 1   (Why Study Financial Markets & Institutions

            Chapter 2 (Overview of the Financial System)

            Research Probe 1 given out

            Homework 1 Given out due back 27 Oct

Two    Chapter 3 (What do Interest Rates Mean)

            Chapter 4(Why Do Interest Rates Change)

            Homework 1 due 27 Oct

            Homework 2 Given out due 3 Nov

            Test 1 on 29 Oct


Three  Chapter 9 (Money Markets)

            Homework 2 due 3 Nov

            Homework 3 Given out due 10 Nov

            Research probe due 5 Nov


Four    Chapter 10 (The Bond Market)

            Homework 3 due 10 Nov

            Homework 4 given out due 17 Nov

            Mid-Term on 12 Nov

            Research Prop 2 given out due 3 Dec

Five     Chapter 11 (The Stock Market)

            Homework 4 due 17 Nov

            Homework 5 given out due 24 Nov

Six       Chapter 12 (The Mortgage Markets)

            Homework 5 due 24 Nov

            Homework 6 given out due 1 Dec

            Test 2 on 26 Nov

Seven Chapter 15 (Why Do Financial Institutions Exist)

            Chapter 17 (Banking and the Management of Financial Institutions

            Homework 6 due 1 Dec


            Research Probe 2 due 3 Dec

Eight   Final Exam Review

Final Exam 10 Dec

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 2008-2009 Undergraduate Catalog Page 87

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 2009-2010 Undergraduate Catalog Page 92

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 "F".
  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 2009-2010 Undergraduate Catalog Page 95

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: .


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Last Updated:9/29/2009 3:11:51 PM