Financial Markets

This course introduces the basics of financial markets and the financial instruments traded in these markets.

The course follows the "Financial Economics" course and complements the fundamental knowledge of finance that is needed for M1-level "Corporate Finance" and other finance classes.

Course Objectives

The course seeks to provide a solid understanding of basic financial contracts and the markets in which they are traded. The emphasis will be on the valuation of stocks, bonds, forward and futures contracts, and options using various methods. An important theme of the course is arbitrage in the financial markets.

Course Content

  1. Introduction
  2. Stocks
  3. Bonds (Fixed-Income Securities)
  4. Forward and Futures
  5. Options