Mishkin, F. S., & Eakins, S. G. (2012). Financial markets and institutions (7th ed.). Upper Saddle River, NJ: Prentice Hall.

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1 Course Syllabus Course Description Presentation of the importance of financial markets and institutions in a global society. Illustrates how financial institutions work for both businesses and the consumer. Broad coverage of different financial institutions in the context of a global society is presented. Includes the role of financial markets in society, financial transactions in a global society, and the commercial banking system. Course Textbook Mishkin, F. S., & Eakins, S. G. (2012). Financial markets and institutions (7th ed.). Upper Saddle River, NJ: Prentice Hall. Course Learning Objectives Upon completion of this course, students should be able to: 1. Explain the many ways that funds can flow from lenders to borrowers. 2. Analyze the important role of commercial banks in a modern economy and dynamic financial system. 3. Examine the reasons why financial institutions need to be the most regulated section of many modern economies. 4. Interpret how interest rates play an important role in any financial system. 5. Discover the effect inflation has on interest rates and the prices of loans for both consumers and businesses. 6. Explain the importance of the Federal Reserve System in controlling the money supply and how it affects credit costs to public institutions. 7. Discuss the importance of U.S. Treasury bills and the workings of government securities markets. 8. Determine the importance of using debt instruments to finance business projects. 9. Compare and contrast the different ways firms issue securities in capital markets in order to borrow funds for expansion. 10. Distinguish between the important roles that corporations and other government agencies play in money markets. 11. Interpret the roles played by financial institutions in areas such as insurance companies, pension funds, and finance companies. Credits Upon completion of this course, the students will earn three (3) hours of college credit. Course Structure 1. Unit Learning Objectives: Each unit contains learning objectives that specify the measurable skills and knowledge students should gain upon completion of the unit. 2. Written Lectures: Each unit contains a Written Lecture, which discusses lesson material. 3. Reading Assignments: Each unit contains Reading Assignments from one or more chapters from the textbook. Chapter presentations are provided in each unit study guide as supplemental reading to aid students their course of study. 4. Learning Activities (Non-Graded): These non-graded Learning Activities are provided to aid students in their course of study. 5. Discussion Boards: Discussion Boards are a part of all CSU term courses. Information and specifications regarding these assignments are provided in the Academic Policies listed in the Course Menu bar. BBA 4201, Financial Institutions 1

2 6. Unit Assessments: This course contains eight Unit Assessments, one to be completed at the end of each unit. Assessments are composed of short essay questions. 7. Assignment: Students are required to submit for grading an assignment in Unit VII. Specific information and instructions regarding this assignment are provided below. 8. Ask the Professor: This communication forum provides you with an opportunity to ask your professor general or course content related questions. 9. Student Break Room: This communication forum allows for casual conversation with your classmates. Assignment Unit VII Article Review Please see the articles from the link above, and select a monthly newsletter to review. Please click on PDF of Classroom Edition. Please Note: Prior to the February 2012 issue, the newsletter was published under the title Liber8 Economic Information Newsletter. After writing your Article Review, combine your review with the ideas/concepts presented from the textbook. Make sure to provide at least 3 pages (750 to 1,000 words) using APA style. You must also include a reference page at the end of your summary. You have seven weeks to complete this assignment, with a due date at the end of Week Seven. No late papers will be graded. Therefore, make sure to submit before Midnight, Tuesday- Week Seven. Any paper submitted after that time will be awarded a zero score, regardless of reason. Suggestions: 1. Do not limit yourself only to the material from the textbook. You may want to include references from the Internet, or additional library research, etc. However, you must (at least) include detail from our textbook. 2. Start early. You may work on the paper immediately, up to the end of Week Seven. Remember that any late paper will receive a zero score. You may submit your assignment when completed (Week One through Week Seven). 3. Proofread your work. A spelling and grammar check does not always find improper word usage. For example; to, too, and two would all be okay but they have different meanings. Also, don t forget to check spelling and grammar! PS - If possible, please check the document until it removes all red, green, or blue underline squiggles. Those highlights make it difficult during the grading process. 4. This paper represents 12% of your course grade. Therefore, if you need writing assistance, seek out the services of the Student Success Center. They have tutors who would be happy to review your work before you submit for a final grade. Make sure to leave enough time for their review and your revisions (if necessary). 5. Apply real-world content to your review. You may want to highlight current events, etc., to show the relevance in today s economic environment. 6. Do not rush this assignment. The article review represents a significant portion of your grade, and allows you to show off your scholarly talents. Research and writing skills are very important to employers, along with being a helpful exercise for personal growth. To submit your completed Article Review, upload using the "View/Complete" link located in Unit VII. Do not your assignments directly to your professor. By uploading through Blackboard, your university record will automatically be updated to indicate you have submitted your assignment, and it will be provided to your professor for grading. APA Guidelines CSU requires that students use the APA style for papers and projects. Therefore, the APA rules for formatting, quoting, paraphrasing, citing, and listing of sources are to be followed. A document titled APA Guidelines Summary is available for you to download from the APA Guide Link, found in the Learning Resources area of the mycsu Student Portal. It may also be accessed from the Student Resources link on the Course Menu. This document provides links to several internet sites that provide comprehensive information on APA formatting, including examples and sample papers. BBA 4201, Financial Institutions 2

3 CSU Grading Rubric for Papers/Projects The course papers will be graded based on the CSU Grading Rubric for all types of papers. In addition, all papers will be submitted for electronic evaluation to rule out plagiarism. Course projects will contain project specific grading criteria defined in the project directions. To view the rubric, click the Academic Policies link on the Course Menu, or by accessing the CSU Grading Rubric link, found in the Learning Resources area of the mycsu Student Portal. Communication Forums These are non-graded discussion forums that allow you to communicate with your professor and other students. Participation in these discussion forums is encouraged, but not required. You can access these forums with the buttons in the Course Menu. Instructions for subscribing/unsubscribing to these forums are provided below. Click here for instructions on how to subscribe/unsubscribe and post to the Communication Forums. Ask the Professor This communication forum provides you with an opportunity to ask your professor general or course content questions. Questions may focus on Blackboard locations of online course components, textbook or course content elaboration, additional guidance on assessment requirements, or general advice from other students. Questions that are specific in nature, such as inquiries regarding assessment/assignment grades or personal accommodation requests, are NOT to be posted on this forum. If you have questions, comments, or concerns of a nonpublic nature, please feel free to your professor. Responses to your post will be addressed or ed by the professor within 48 hours. Before posting, please ensure that you have read all relevant course documentation, including the syllabus, assessment/assignment instructions, faculty feedback, and other important information. Student Break Room This communication forum allows for casual conversation with your classmates. Communication on this forum should always maintain a standard of appropriateness and respect for your fellow classmates. This forum should NOT be used to share assessment answers. Grading Discussion Boards 2%) = 16% Unit Assessments 9%) = 72% Unit VII Article Review = 12% Total = 100% Course Schedule/Checklist (PLEASE PRINT) The following pages contain a printable Course Schedule to assist you through this course. By following this schedule, you will be assured that you will complete the course within the time allotted. BBA 4201, Financial Institutions 3

4 Course Schedule By following this schedule, you will be assured that you will complete the course within the time allotted. Please keep this schedule for reference as you progress through your course. Unit I Introduction to Financial Markets, Institutions, and Systems Chapter 1: Why Study Financial Markets and Institutions? Chapter 2: Overview of the Financial System Unit II The Role of Interest Rates on Supply, Demand, and Valuation Chapter 3: What Do Interest Rates Mean and What Is Their Role in Valuation? Chapter 4: Why Do Interest Rates Change? Unit III Interest Rate Term Structure and Risk and Market Efficiency Chapter 5: How Do Risk and Term Structure Affect Interest Rates? Chapter 6: Are Financial Markets Efficient? BBA 4201, Financial Institutions 4

5 Course Schedule Unit IV Central Banking and Monetary Policy Chapter 9: Central Banks and the Federal Reserve System Chapter 10: Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics Unit V The Money Market, the Bond Market, and the Stock Market Chapter 11: The Money Markets Chapter 12: The Bond Market Chapter 13: The Stock Market Unit VI The Mortgage Market and the Foreign Exchange Market Chapter 14: The Mortgage Markets Chapter 15: The Foreign Exchange Market BBA 4201, Financial Institutions 5

6 Course Schedule Unit VII The Fundamentals of Financial Institutions and Financial Crisis Chapter 7: Why Do Financial Institutions Exist? Chapter 8: Why Do Financial Crises Occur and Why Are They So Damaging to the Economy? Article Review by Unit VIII The Banking Industry, Insurance and Pensions, and Investment Companies Chapter 19: Banking Industry: Structure and Competition Chapter 21: Insurance Companies and Pension Funds Chapter 22: Investment Banks, Security Brokers and Dealers, and Venture Capital Firms BBA 4201, Financial Institutions 6