Global Financial Markets (FIN 958)

2021 Spring
Sabancı Business School
Finance(FIN)
1.50
4
Mustafa Erol Balkan ebalkan@sabanciuniv.edu,
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English
Doctoral, Master
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CONTENT

This course is an introduction to the global financial markets that are used by banks, multinational corporations, and government agencies, in the conduct of their business and implementation of economic policy. The global financial markets include the market for foreign exchange, the Eurocurrency and related money markets, the international capital markets, the commodity markets and the markets for forward contracts, options, swaps and other derivatives. The course seeks to explain how these markets work both in the context of basic principles of economics and finance and by means of examples and applications using several case studies. It will also look at a very important risk namely the exchange rate risk for multinational corporations, banks and other entities (hedge funds, shadow banks, etc.) and discuss how to manage and hedge these risks using various financial instruments. Finally the course will provide theoretical and empirical analysis on the prediction, prevention and management of various financial crisis, such as banking, currency, debt and balance of payments crises.

LEARNING OUTCOMES

PROGRAMME OUTCOMES


1. Develop and deepen the current and advanced knowledge in the field with original thought and/or research and come up with innovative definitions based on Master's degree qualifications

2. Conceive the interdisciplinary interaction which the field is related with ; come up with original solutions by using knowledge requiring proficiency on analysis, synthesis and assessment of new and complex ideas.

3. Evaluate and use new information within the field in a systematic approach.

4. Develop an innovative knowledge, method, design and/or practice or adapt an already known knowledge, method, design and/or practice to another field; research, conceive, design, adapt and implement an original subject.

5. Critical analysis, synthesis and evaluation of new and complex ideas.

6. Gain advanced level skills in the use of research methods in the field of study.

7. Contribute the progression in the field by producing an innovative idea, skill, design and/or practice or by adapting an already known idea, skill, design, and/or practice to a different field independently.

8. Broaden the borders of the knowledge in the field by producing or interpreting an original work or publishing at least one scientific paper in the field in national and/or international refereed journals.

9. Demonstrate leadership in contexts requiring innovative and interdisciplinary problem solving.

10. Develop new ideas and methods in the field by using high level mental processes such as creative and critical thinking, problem solving and decision making.

11. Investigate and improve social connections and their conducting norms and manage the actions to change them when necessary.

12. Defend original views when exchanging ideas in the field with professionals and communicate effectively by showing competence in the field.

13. Ability to communicate and discuss orally, in written and visually with peers by using a foreign language at least at a level of European Language Portfolio C1 General Level.

14. Contribute to the transition of the community to an information society and its sustainability process by introducing scientific, technological, social or cultural improvements.

15. Demonstrate functional interaction by using strategic decision making processes in solving problems encountered in the field.

16. Contribute to the solution finding process regarding social, scientific, cultural and ethical problems in the field and support the development of these values.


1. Develop the ability to use critical, analytical, and reflective thinking and reasoning 5

2. Reflect on social and ethical responsibilities in his/her professional life. 5

3. Gain experience and confidence in the dissemination of project/research outputs 5

4. Work responsibly and creatively as an individual or as a member or leader of a team and in multidisciplinary environments. 5

5. Communicate effectively by oral, written, graphical and technological means and have competency in English. 5

6. Independently reach and acquire information, and develop appreciation of the need for continuously learning and updating. 5


1. Develop, interpret and use statistical analyses in decision making. 2


1. Identify and diagnose business problems and opportunities accurately and effectively across a wide range of business domains (accounting, financial management, operations, marketing, strategy, and organizational design), in global and local contexts. 5

2. Incorporate cultural context and complexities in their managerial practice. 2

3. Assess the performance of an organization in a wide range of business domains, using a range of performance criteria. 5

4. Identify, select, and justify strategies and courses of action at the divisional, business, and corporate levels of analysis and to develop effective plans for the implementation of selected strategies across a wide range of business domains and levels.