FINC610 - Financial Institutions
Course Code: FINC610 Course ID: 2712 Credit Hours: 3 Level: Graduate
This course provides students with an overview of the basic contributions in the modern theory of corporate finance and financial institutions. The course is methodology oriented in that students are required to master necessary technical tools for each topic. The topics covered may include capital structure, distribution policy, financial intermediation, incomplete financial contracting, initial and seasoned public offerings, market for corporate control, product market corporate finance interactions, corporate reorganization and bankruptcy, financing in imperfect markets, security design under adverse selection and moral hazard, and some selected topics. In-depth analysis of the financial system in which banks, other intermediaries, and non-financial organizations function. Students must have access to Microsoft Word and Microsoft Excel software. Please refer to the Course Materials section for additional details on materials and pricing or contact firstname.lastname@example.org.
After successfully completing this course, you will be able to:
- CO 1. Examine how global and U.S. financial markets, financial institutions and intermediaries affect our economy.
- CO 2. Evaluate why interest rates change and the factors that influence their behavior.
- CO 3. Explain the role that central banks play in financial markets by looking at the structure of major central banks and the Federal Reserve System.
- CO 4. Explore the Federal Reserve’s balance sheet and how the tools of monetary policy affect money supply and interest rates.
- CO 5. Assess how securities (bonds, stocks, and mortgages) operate in the capital markets.
- CO 6. Synthesize how financial institutions promote economic efficiency.
- CO 7. Analyze the historical development of the banking system and the affects of financial innovation on the competitive environment.
- CO 8. Summarize economic analysis of banking regulation and how mutual fund are regulated.
Method of Assessment
A. Tests & Paper
There will be two (2) tests in the course, a midterm and a final given in modules four and eight respectively. The tests in this class will consist of multiple choice questions and/or short answer problems. Tests will be three hours long and focus on the material covered in the course. It is the student’s responsibility to notify the instructor regarding any schedule changes or non- disability related accommodations. The course will have a comprehensive paper that will measure student understanding of the course objectives along with research and writing skills. Please refer to the APA Manual 6th edition for the format of the paper.
Course assignments will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.). These assignments will be a series of quizzes consisting of exercises, problems, and simulations. Assignments will have a specific due date with specific instructions. Late assignments will be subject to the university’s Late Work/Make-up Policy detailed in the student handbook. Please be advised the instructor reserves the right to implement their own late assignment policy.
Throughout the term, homework will be given in several modules to test student understanding of the material. Homework will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.) and consist of questions, problems, or simulations. Please be advised the instructor reserves the right to implement their own late assignment policy.
D. Discussion Forums:
Participation in the discussion forums is an essential component of the final grade. All students are expected to engage in lively discussions and answer instructor follow-up questions. The quality of participations along with student netiquette will be a part of the grade.
Assessment of the Course Objectives
1 - 8
Test question, paper, assignment, discussion, and homework
The following distribution will be used in assigning grades (decimal points will be rounded to the nearest whole number at semester’s end).
Quality Points/Grading Percent
4.0/ 100 – 94
3.67/ 93 – 90
3.33/ 89 – 87
3.0/ 86 – 84
2.67/ 83 –80
2.33/ 79 – 75
0.0/ 74 – 0
|Week Four Forum||5.00 %|
|Week Eight Forum||5.00 %|
|Week 1 Homework - Chapter 1||1.11 %|
|Week 1 Homework - Chapter 2||1.11 %|
|Week 1 Homework - Chapter 3||1.11 %|
|Week 2 Homework - Chapter 4||1.11 %|
|Week 2 Homework - Chapter 5||1.11 %|
|Week 3 Homework - Chapter 6||1.11 %|
|Week 3 Homework - Chapter 7||1.11 %|
|Week 4 Homework - Chapter 8||1.11 %|
|Week 4 Homework - Chapter 9||1.11 %|
|Week 5 Homework - Chapter 10||1.11 %|
|Week 5 Homework - Chapter 11||1.11 %|
|Week 5 Homework - Chapter 12||1.11 %|
|Week 6 Homework - Chapter 13||1.11 %|
|Week 6 Homework - Chapter 14||1.11 %|
|Week 7 Homework - Chapter 15||1.11 %|
|Week 7 Homework - Chapter 16||1.11 %|
|Week 8 Homework - Chapter 17||1.11 %|
|Week 8 Homework - Chapter 18||1.11 %|
|Week 1 Quiz - Chapter 1||2.73 %|
|Week 1 Quiz - Chapter 2||2.73 %|
|Week 1 Quiz - Chapter 3||2.73 %|
|Week 2 Quiz - Chapter 4||2.73 %|
|Week 2 Quiz - Chapter 5||2.73 %|
|Week 3 Assignment - Essay||2.73 %|
|Week 5 Quiz - Chapter 10||2.73 %|
|Week 5 Quiz - Chapter 11||2.73 %|
|Week 5 Quiz - Chapter 12||2.73 %|
|Week 6 Quiz - Chapter 13||2.73 %|
|Week 6 Quiz - Chapter 14||2.73 %|
|Tests & Quizzes||30.00 %|
|Research Paper||10.00 %|
|Week 7 Assignment - Research Paper||10.00 %|
Websites and Videos
In addition to the required course texts, the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources.
Note website addresses are subject to change.
- Textbook Companion Website
- American Psychological Association (APA) Style Website
- Purdue Online Writing Lab
- Turnitin Website
|Book Title:||If you purchase the standalone hard copy or ebook, you can purchase the lab access through the MyLabsPlus tab in the classroom once your session begins. Also note, if you purchase a used or rental copy from any vendor, the lab code may not be included.|
|Electronic Unit Cost:||$48.60|
|Book Title:||Money, Banking, and the Financial System Plus NEW MyEconLab with Pearson eText - Access Card Pkg., 3rd ed.|
|Author:||Hubbard, G. and O'Brien, A.|
|Electronic Unit Cost:||$89.99|
Not current for future courses.