Students will achieve the ability to answer new problems, using a large amount of information. They will learn how work in unstable situations, being part of a team or individually. They will also promote their ability of leadership.
The aim of this course is to understand the main elements that make up a financial system, including the description of its institutions (European Central Bank), its markets (both monetary and capital) and its various types of assets and instruments.
Students will learn and understand:
1. The basic structure, characteristics and functions of a financial system,
2. Financial instruments and transactions, including stocks bonds, deposits, derivatives, and mutual funds.
3. The role of law and regulation of the financial system and how it affects the normal functioning of all institutions, intermediaries and markets.
4. Interpret financial markets in terms of its architecture.
5. The role of active and passive management
In this way the students will understand the current state of financial systems including the role of financial institutions, central banks and the various regulators.
The content of the program is divided into 8 sessions that cover the main aspects of the financial system. After an introductory track to financial markets the section deals with liquidity aspects. Also we will focus our attention to other financial markets such as Stock Exchanges, Derivatives, Fixed Income and interbank market. When it becomes necessary for each of the markets discussed above products traded and the form and procedure in which these products are created and then traded. Finally, we examine the role of European Central Bank, its monetary policy and regulatory bodies.
-Mikel Tapia (Professor, UC3M)
-Jorge Yzaguirre (PhD, BME)