Financial Market 2600-DSFRdz2RF
1. Basic concepts and classification of the financial market
a. Determining the place of the financial market in the economy
b. Features of the financial market
c. Classification of the financial market by place of trading
d. Money market and capital market
e. Financial market institutions
2. The concept and classification of a financial instrument
a. Types of financial instruments
b. Characteristics of financial instruments
c. Cash and forward instruments
3. Debt instruments market
a. Concept and types of debt instruments
b. Features of the debt instrument
c. Price and profitability of a debt instrument
d. Profitability and maturity
e. Debt instrument risk
f. Sensitivity of the price of a debt instrument to market changes
4. Equity instruments market
a. Types and features of equity instruments
b. Joint-stock company, General Meeting of Shareholders
c. Shareholder rights and obligations
d. Depositary receipts
e. Shares in investment funds
f. Index units
5. Trading in securities
a. Primary market. Features and participants
b. Secondary market. Features and participants
c. The company's path to the stock exchange (documentation and admission conditions)
d. Issuance of shares, distribution channels of new issues
e. Prospectus
f. Supervision of the financial market
6. Stock exchange
a. The role of the stock exchange in the economy
b. Trading systems
c. Exchange orders
d. Stock exchange session
e. Stock exchange trading procedure
f. Prohibited operations
7. Basics of investment decisions
a. Hypotheses of capital market efficiency
b. Fundamental analysis
c. Technical analysis
d. Behavioral analysis
e. Speculation
f. Short sale
8. Technical analysis
a. Basic strategies
b. Elliot wave theory
c. Trend analysis
d. Formations
e. Japanese candles
9. Basic models of the capital market
a. Sharpe's single-index model
b. CAPM capital asset pricing model
10. Analysis of capital market indicators
a. Market liquidity
b. Market breadth
c. Price-earnings ratio
d. Turnover Ratios.
Type of course
Mode
Course coordinators
Learning outcomes
Student after completing the course:
In terms of knowledge:
Knows and understands in-depth research methodology and terminology in the field of management and quality science and in complementary disciplines (economics and finance, legal sciences), in particular in the area of financial management and accounting (K_W01)
Knows and understands in-depth the principles, procedures and practices regarding financial management in organizations, accounting, management of financial institutions and strategies of financial institutions (K_W02)
Knows and understands in-depth economic theories and models regarding the functioning of organizations and the entire economy (K_W03)
Knows and understands in-depth legal regulations regarding the functioning of the organization and the entire economy (K_W04)
Knows and understands complex technological, social, political, legal, economic and ecological processes and phenomena and their impact on financial decisions in organizations, the functioning of the organization and the entire economy, including the principles of protection of industrial property and copyright (K_W05)
Knows and understands the principles of creating and developing various forms of entrepreneurship in the national and global dimensions (K_W06)
In terms of skills:
Is able to use the theory of the discipline of management and quality science and complementary sciences (economics and finance, legal sciences) to recognize, diagnose and solve problems related to financial decisions in organizations and management of financial institutions, using the appropriate selection of sources and adapting existing or developing new methods ( K_U01)
Is able to correctly interpret complex technological, social, political, legal, economic and ecological processes and phenomena and their impact on financial decisions in organizations, the functioning of the organization and the entire economy, using the appropriate selection of sources (K_U02)
Is able to independently and collectively prepare analyses, diagnoses and reports on complex and unusual problems related to financial management in organizations, accounting, management of financial institutions and strategies of financial institutions, and present them communicatively, also in English - using IT and communication tools (K_U03)
In terms of attitudes:
Is ready to assess and critically approach complex situations and phenomena related to financial management in organizations, accounting, management of financial institutions and strategists of financial institutions (K_K01)
Is ready to think and act in an entrepreneurial way in the national and global dimensions (K_K02)
Is ready to comply with and develop professional ethical standards (K_K02).
Assessment criteria
Written exam (closed and open questions); stationary/online eNauka
Bibliography
Basic item:
Sopoćko A., Rynkowe instrumenty finansowe, Wydawnictwo Naukowe PWN, Warszawa 2010.
Czekaj J., Rynki, instrumenty i instytucje finansowe, Wydawnictwo Naukowe PWN, 2017
Additional items:
Sopoćko A., Zaskakujący kapitalizm. Miraże ekonomii XXI wieku, PWE 2019
Płókarz R. (2013). Globalne rynki finansowe: praktyka funkcjonowania, Wydawnictwo Naukowe PWN, Warszawa. Schiller R.J Animal Spirits. How Human Psychology Drives Economy, Princeton 2009
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: