331 Syllabus - Summer

TULANE’s UNIVERSITY COLLEGE - Finance 331 - Money & Banking - Syllabus - Summer, 2005

This class meets: Tuesday & Thursday, 5:30 – 8:15pm, Downtown Campus, New Orleans Center.

Instructor: Mark Rosa

OFFICE HOURS: Before class and by appointment. The best way to reach me, other than in class, is by email.

Course Description: A non-technical overview of the role of financial institutions in the economic process with emphasis upon the development of commercial banking since 1960. The course is structured to give relatively equal attention to each of the following three general areas: the supply of loanable funds, the demand for loanable funds, and money and capital markets.

TEXT: The Economics of Money, Banking and Financial Markets. 7th Edition. by Frederic S. Mishkin (ISBN: 032120049-7)

COURSE OBJECTIVE: To introduce the student to the concepts of Money & Banking. Financial and Securities Markets will be studied along with some economic concepts.

Learning Objectives: At the conclusion of this course you will:

Understand the banking industry and why we need banks,
Understand the capital markets and know why they exist,
Understand interest rates and their impact on the economy,
Know what the Bond Market is, how it works, and how to invest in bonds,
Know the Time Value of Money and its place in Finance, Money and Markets,
Understand the competitive forces that face the banking system and how this is changing the economy,
Better understand the regulatory environment that banks operate under,
Know the technical aspects of Bank balance sheet management,
Understand Financial Derivative instruments and how they are used in the financial markets.

Semester Schedule:

Week 1 – Chapter 1. Why study Money, Banking & Financial Markets?
- – Chapter 2. An Overview of the Financial System.
- – Chapter 3. What is Money?
Week 2 – Chapter 4. Understanding Interest Rates & Time Value of Money.
- – Chapter 6. The Risk and Term Structure of Interest Rates.
Week 3 - EXAM 1 will cover Chapters 1,2,3,& 4, the exact date will be announced in class. Terms and sample questions for this exam are on my website.
Week 4 – Chapter 8. An Economic Analysis of Financial Structure.
- – Chapter 9. The Banking Firm & the Management of Financial Institutions.
- – EXAM 2 will cover Chapters 6,8, & 9, the exact date will be announced in class. Terms and sample questions for this exam are on my website.
Week 5 – Chapter 10. Banking Industry: Structure and Competition.
- – Chapter 11. Economic Analysis of Banking Regulation.
- – Chapter 12. Nonbank Financial Institutions.
Week 6 – Chapter 13. Financial Derivatives.
- – Chapter 13. Financial Deriviatives (cont.)
FINAL EXAM will cover Chapters 10, 11, 12, & 13. Final will be held on Thursday, August 11, 2005, same room and time as a regular class.

Grading:
90 – 100% = A
80 – 89 = B
70 – 79 = C
60 – 69 = D
0 – 59 = F

EXAM VALUES:
Exam 1 = 33%
Exam 2 = 33%
Exam 3 = 33% (Final Exam)

Students with a Disability: Any student with a disability in need of course or examination accommodations should request accommodations through the University’s Office of Disability Services located in the Mechanical Engineering Building. Please do this as soon as possible. Provide a copy of your approved accommodation form from ODS to each professor in whose course you wish to receive accommodations. The course instructor is committed to working with the Office of Disability Services to ensure that all approved accommodations are provided. If you do not deliver the approved accommodation form to each professor, your professors will not know you have been approved to receive accommodations and will have no basis for providing those accommodations.

Honor Code Violation Statement: Any student behavior that indicates a lack of academic honesty and integrity is considered a violation of the Tulane University Honor Code.

Statement Concerning Syllabus Changes: I retain the right to modify the course syllabus as needed. The syllabus is considered to be a contract between the student and instructor.