FI363 Financial Institutions & Markets

for F2B 2011

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Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.


FI 363 Financial Institutions & Markets


F2B 2011 BL


Jones, Keith T.


Adjunct Professor


MBA - Master of Business Administration
BS - Bachelor of Science

Office Location

Park University - Ft. Bliss Campus

Office Hours

Call For Appointment

Daytime Phone


Other Phone



Semester Dates

17 Oct - 11 Dec

Class Days


Class Time

7:40 - 10:10 PM

Credit Hours



Financial Markets & Institutions,    Mishkin & Eakins  edition 7, Pearson Prentice Hall, 2011

ISBN 978-0-132-13683-9

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:

Wall Street Journal

A Business Calculator

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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:

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. 1.Explore and discuss a comprehensive definition of interest rates
  2. 2. Understand how to calculate the value of long term securities.
  3. 3.Have a basic understand of the stock & bond market.
  4. 4.Have a working knowledge of the Mortgage market and it definitions to include amortization schedules
Core Assessment:

Class Assessment:

Tests                                                                         25%
Mid-Term                                                                   20%

Final Exam                                                                 30%
Homework                                                                10%

Research Probe                                                        15%

Final Grade                                                                100%


100 – 90                      A

89 – 80                        B

79 – 70                        C

69 – 60                        D

Below 60                      F

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-Oct 18 & 20

            Chapter 1   (Why Study Financial Markets & Institutions

            Chapter 2 (Overview of the Financial System)

            Research Probe I given out-Due 3 Nov

            Homework 1 Given out due back 25 Oct

Two – Oct 25 & 27   

Chapter 3 (What do Interest Rates Mean)

            Chapter 5(How Do Risk and Term Structure Affect Interest Rates?)

            Homework 1 due 25 Oct

            Homework 2 Given out due 1 Nov

            Test I on 27 Oct

 Three- Nov 1 & 3  

Chapter 11 (The Money Markets)

            Homework 2 due 1 Nov

            Homework 3 Given out due 8 Nov

            RESEARCH PROBE I DUE 1 Nov

 Four – Nov 8 & 10   

Chapter 12 (The Bond Market)

            Homework 3 due 8 Nov

            Homework 4 given out due 15 Nov

            Mid-Term on 8 Sep

            Research Prop II given outdue 01 Dec

Five – Nov 15 & 17   

 Chapter 13 (The Stock Market)

            Homework 4 due 15 Nov

            Homework 5 given out due 22 Nov

Six – Nov 22 & 24     

Chapter 14 (The Mortgage Markets)

            Homework 5 due 22 Nov

            Homework 6 given out due 29 Nov

            Test II on 24 Nov

Seven – Nov 29 & Dec 1

Chapter 17 (Banking and the Management of Financial Institutions

            Homework 6 due 29 Nov

            Research Probe II due 01 Dec

EightDec 6 & 8 

Final Exam Review

Final Exam 8 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 students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty ( or Park University 2011-2012 Undergraduate Catalog Page 93

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. from Park University 2011-2012 Undergraduate Catalog Page 93

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 2011-2012 Undergraduate Catalog Page 96

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:



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Last Updated:9/28/2011 3:52:47 PM