University of Manitoba - FIN 3460: Financial Markets and Institutions

FIN3460: Financial Markets and Institutions is a course that provides a foundational understanding of how markets and institutions function throughout the Canadian economy. Key concepts covered in the course include monetary policy, financial markets, financial institutions, financial regulation, and risk management.

Main topics to be covered:

• Financial Markets & Institutions: Financial markets and institutions are systems that facilitate the trading of financial instruments, such as stocks, bonds, currencies, and derivatives. They enable the interaction between those who need capital and those who have capital to invest.
• Interest Rates: Focusing on the cost of borrowing money for the borrower and the rate of return for the lender, interest rates are typically expressed as a percentage of the principal, which is the amount of the loan. Factors such as inflation, economic growth, and central bank policies can influence interest rates.
• The Money Markets: Dealing with short-term borrowing, lending, and trading of financial instruments with high liquidity and short maturities, money markets facilitate the borrowing and lending of funds between financial institutions, corporations, and governments.
• The Capital Markets: Capital markets are financial markets that facilitate the trading of long-term financial securities, such as stocks and bonds. They enable businesses to raise capital for growth and expansion, and investors to earn returns on their investments.
• The Foreign Exchange Market: The foreign exchange market is a global financial market for trading currencies, allowing participants to buy, sell, exchange, and speculate on the value of different currencies, facilitating international trade and investment.
• Banking Regulation: Banking regulation consists of the rules and guidelines that govern the operations, activities, and risk management of banks. The purpose of regulation is to ensure the stability and integrity of the financial system, protect depositors, and promote fair competition among banks.
• Investment Banks, Security Brokers & Dealers, & VCF: Investment banks, security brokers and dealers, and venture capital firms are financial institutions that facilitate the raising of capital, trading of securities, and provision of advisory services to businesses and investors. They play a crucial role in the functioning of capital markets and the overall economy.
• Risk Management: Risk management in financial institutions involves the identification, assessment, and mitigation of various risks that can impact their operations, financial performance, and reputation. This includes credit risk, market risk, operational risk, and other types of risks that can affect the stability and soundness of financial institutions.

ACC 1100  

ACC 2010  

ACC 2020