Financial Markets and Institutions (FIN105)

This course provides a unified framework for illustrating the financial markets, institutions, and instruments in a contemporary context. It focuses on the structure and regulation of various markets in financial instruments, the operation of banks and non-bank financial institutions, regulation and its effect on financial institutions, risks faced by the managers of financial institutions, and the methods, markets, and instruments for managing these risks.

• Illustrate the roles and functions of financial markets, institutions, and instruments in mitigating different types of risk.
• Observe the current market environments and analyse the theoretical rationales behind the investment choices.
• Assess the macro-prudential policies from various investor’s perspectives.
• Illustrate various incentives and motivations for different financial actors (including regulators) and analyse their interactions.
• Critically evaluate the recent financial news articles and relevant research in financial markets as a method to identify the trends in the markets.