Universität Wien

040014 UK Special Topics in Banking and Finance: Financial Markets (BA) (2023S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work
Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Attendance of the first meeting is obligatory.

Wednesday 01.03. 09:45 - 11:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
Friday 03.03. 09:45 - 11:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 17.04. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 24.04. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 08.05. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 15.05. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 22.05. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 05.06. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 12.06. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 19.06. 09:45 - 11:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
Monday 26.06. 11:30 - 13:00 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Main objectives
This third-year course provides an introduction into topical issues in the field of banking and finance. It aims at building a bridge between theoretical and methodological knowledge acquired in the first years to real world markets and applications. Current topics of interest include financial crises and the role of banks. Why do markets fail and how can prudential regulation improve their performance and resilience?
The course also serves as the basis for more advanced research, which may take the form of a bachelor thesis or even continued studies in form of subsequent master program in finance. Certain topics would lend themselves easily to bachelor theses in the general field of banking and finance.

Course outline
1. Introduction
2. Main functions of the financial system
- intertemporal transfers
- insurance and hedging
- information production
3. Financial markets and the pricing of risk
- review: CAPM
- anomalies
- illiquidity and private information
4. The role of financial intermediaries
- banking functions
- banking risks
- financing of (risky) innovations
5. Topical issues
- Banking regulation
- Bank networks and systemic risk
- Securitization and financial innovation
- High frequency trading and systemic risk

Assessment and permitted materials

Tasks
You have to
- prepare the lectures by reading the suggested literature,
- study the slides and handouts,
- attend every class meeting and participate actively in discussion.

In case you cannot participate physically in class you may be given online quizzes to make up for the opportunities to participate. The same applies, when the streaming possibilities are not operational.

Minimum requirements and assessment criteria

Prerequisite: prior introduction to financial markets (e.g. ABWL Finanzwirtschaft, or equivalent)

Grading
Your grade will depend on
- answers on quizzes (30%),
- your answers to the questions of the final exam (45%), as well as
- your active participation in class (25%).

If because of the pandemic situation physical class participation is not possible in an on-site class, you may request online interviews by email in order to substitute for the class participation.

Examination topics

Active knowledge of topics covered in lecture slides and related literature is required.

Reading list

Will be made available on Moodle.

Association in the course directory

Last modified: Tu 14.03.2023 11:28