Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Online Course

Introduction to Banking and Financial Markets

Indian Institute of Management Bangalore via Swayam

(0)
12
Found in Finance Courses

Taken this course? Share your experience with other students. Write review

Overview

Welcome to the course “Introduction to Banking and Financial Markets   Centuries ago, ‘Barter’ was the only mode of exchange for goods and services. Then came ‘commodity money’ (gold) followed by ‘fiat money’ (currency) and the M1-M2-M3 measure of money. Rapid industrialization and the exponential increase in business and trade resulted in the need for businesses and governments to raise more capital (money) to sustain their growth. Simultaneously, the increase in international trade (exports and imports) between countries meant increased cross-border flow of goods and services and hence the need for cross-currency transactions and ‘exchange rates’ between currencies.   Banks and Financial Markets evolved in this ‘eco-system’ primarily to channelize money from those who have it (savers/investors) to those who need it (borrowers) and to facilitate cross-border flow of funds through exchange of currencies. That eco-system of banks and financial markets (including Central Banks) has deepened in size, sophistication and complexity over the years. Consequently, the benefits of a robust eco-system of banking and financial markets facilitated and overseen by a strong Central Bank, are real and visible in most countries. However, they have also been the subject of abuse, failures and economic distress in several countries, with a ‘contagion effect’ on the rest of the World!

In this course youwill learn about:
  • The theory and concepts underlying Banking and Financial Markets
  • The products and instruments that are offered by Banks and Financial Markets to meet the financial needs of individuals, businesses and governments
  • The underlying market mechanisms and how the financial instruments are traded (i.e. bought and sold)
 

Syllabus

COURSE LAYOUT Week 1: Overview of the Financial System
  • Role of Banking and Financial Markets in any Economy
  • How and Why are Banks Different From Manufacturing Companies?
  • How and Why are Financial Markets Different From Product Markets?
  • 'Market for Lemons' and it's Relevance for Banking and Financial Markets
Week 2: Theory and Structure of Interest Rates
  • Determinants of Interest Rates
  • Term Structure of Interest Rates
  • Recap of Time Value of Money
  • Yield, Yield-to-Maturity and Bond Pricing
  • Bond Valuation
Week 3: Short Term Financial Markets
  • Financial Markets: An Overview
  • Call Money Market
  • Treasury Bills Market
  • REPO Market
  • CBLO Market
  • Commercial Paper Market
  • Market for Certificate of Deposits
  • Bankers' Acceptance
  • Pricing Money Market Instruments
Week 4: Long Term Financial Markets
  • Bond Market
  • Equity Stock Market
  • Private Equity Market
Week 5: Other Important Financial Markets
  • Foreign Exchange Market
  • Derivatives Market
  • Mortgages Market

Taught by

P C Narayan

Reviews for Swayam's Introduction to Banking and Financial Markets Based on 0 reviews

  • 5 star 0%
  • 4 star 0%
  • 3 star 0%
  • 2 star 0%
  • 1 star 0%

Did you take this course? Share your experience with other students.

Write a review

Class Central

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free

Never stop learning Never Stop Learning!

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free