Finanzmärkte

Duration

40h Th, 15h Pr

Number of credits

Lecturer

Patrick Broché

Language(s) of instruction

German language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

Finanzmärkte is a course in german that introduces students to the financial markets environment in which agents, companies and organizations operate. Students investigate the nature and role of financial markets within the domestic and global environment. The course presents an overview of the financial system and its various types of financial markets, instruments and institutions.  In brief, an overview of the ideas, methods, instruments and institutions that permit human society to manage risks and foster enterprise.

Learning outcomes of the learning unit

The course content places an even emphasis on introducing and explaining the key concepts of each subject area and on developing candidates' practical knowledge and skill sets.
The main topics are:
- the key players in financial markets including issuers, investors and intermediaries ;
- the key instruments in financial markets including money market products, bonds, stocks and derivatives ;
- the pricing features of both equity and debt products ;
- an introduction into portfolio analysis based on the key concepts of risk and return.
 
Specific skills and competences trained during this course.
At the end of this course students will have:
- understood the main theories in financial markets
- a critical sense of the activity in financial makets
- an understanding of current developments in financial markets
- practiced german ;
- developed their sense of synthesis ;
- strengthened their skills for oral communication ;
- and strengthened their skills for written communication.

Prerequisite knowledge and skills

Planned learning activities and teaching methods

The course is lecture-style with discussions of financial markets related topics through selected readings and exercises.
More specifically, to achieve the objectives listed above students are invited to participate in various learning activities:
- attendance at, and notetaking during, scheduled lectures
- reading of and understanding of current developments in the field
- attendance at, and participation during, tutorial sessions
- presentation of own researched topic
In addition to required textbook chapter readings and some additional required readings (via course webpage), students are encourage to read the Finance and international Business sections of their newspapers over the semester. 

Mode of delivery (face-to-face ; distance-learning)

Recommended or required readings

Grundlagen der Finanzwirtschaft, Jonathan Berk & Peter DeMarzo, 2nd edition, Pearson.

Assessment methods and criteria

The final grade is determined by:
Written exam (individual) : 70%
Written work and presentations: 5% individual, 25% in groups
Tutorials (individual): Malus/Bonus of up to +/-1 point for presence and active participation  


 
  

Work placement(s)

Organizational remarks

Contacts

Stephanie Heck
HEC - Management School of the University of Liège (Belgium) 
Rue Louvrex, Bldg. N1, B-4000 Liège Belgium
email : stephanie.heck@ulg.ac.be