Financial instruments 2400-PP3IF
1. Introduction and rules of assessment. Financial instruments as a part of financial system.
2. Capital market instruments: stocks, bonds, notes, pre-emptive rights, rights to shares, depository receipts, index certificates, index participation units, structured products, subscription warrants, warrants, bill of lading, etc.
3. Investments funds instruments: certificates of investment, participation units, ETFs, special forms of investment funds (money market funds, securitization funds, umbrella funds, hedging funds, etc.).
4. Money market instruments: outrights, REPO's, SBB's, money market bonds, treasury bonds, commercial papers.
5. Deposits, certificates of deposit, saving bonds, different kinds of loans, leasing.
6. Guarantees, stand-by letters of credit, contract clauses.
7. Forwards, futures, options (including exotic and compound), swaps (IRS, CS, CIRS OIS, etc.) and other derivatives (including catastrophic and credit derivatives).
8. Bills of exchange, factoring services, forfaiting, debt purchase transactions, asset backed securities.
9. Cheques, money transfers and similar clearing forms, direct debit, payment cards.
10. Clean payment instruments: order payment, traveller's cheques, money orders, and documentary payment instruments: documentary credit, letter of credit, documentary collection.
The final grade depends on points received from: Power Point presentation (max 12 points), short class tests (max 12 points) and exam (max 40 points).
Type of course
Student is able to recognize different types of financial instruments, their utility and practical applications. S1A_W02, S1A_W03, S1A_W07, S1A_W08, S1A_W09, S1A_W11
He or she is able to provide an explanation for special purposes for choosing the appropriate financing techniques in practical problem solving. Students can prepare the short PowerPoint presentation about financial instruments utilizations in Poland and abroad, working in two-person groups. S1A_U02, S1A_U04, S1A_U06, S1A_U07, S1A_U08, S1A_U10 Student is able to long-live study, choosing priorities of given task, apply instruments to the professional needs S1A_K01, S1A_K03, S1A_K04, S1A_K06
The final grade depends on points received from: Power Point presentation (max 12 points), short class tests (max 12 points) and from written exam (max 32 points). There are no more than two absences acceptable for obtaining the qualifications of the seminar. The presentations are submitted to the internet site of the course.
If the classes would be conducted remotely (due to the pandemia), the assessment will consist of: assessment of the online report (presentation in Power Point) 8 points, submission of original examples of financial instruments illustrating their use in various economic situations, no more than 12 points (4 points for an example), 16 points for four multiple-choice on-line tests and up to 20 points for solving cases during teamwork.
J. Kudła, „Instrumenty finansowe i ich zastosowania”, Keytext, Warszawa 2009
Slides prepared for the course and located at Internet site.
Information on level of this course, year of study and semester when the course unit is delivered, types and amount of class hours - can be found in course structure diagrams of apropriate study programmes. This course is related to the following study programmes:
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: