Cursos / 1º Ciclo / Faculty of Economy and Business Management :: Economics

MERCADOS FINANCEIROS - 2018/2019

3º curricular year
Semestralidade: 2nd semester
ECTS: 6

Teachers

Leading Teacher: Prof. Doutor Vasco Leite
Assistant Professor: Prof. Doutor Vasco Leite

Class type and School hours

Orientação Tutorial : 1 Horas
Teórico-prática : 2 Horas

Teaching Language

Portuguese

Main Aims/Objectives

This course is divided in two parts. In the first one, students are introduced to Financial Markets and to the most relevant Financial Institutions. Regarding financial markets it is studied their economic role and different segments are described. In the second part of the course, students are introduced to two highly relevant asset classes: bonds and equities.

Specific Aims/Objectives

It is studied the impact from the internationalization of Financial Markets. The most relevant financial institutions are presented: depositary institutions, insurance companies, pension funds e mutual funds. With respect to equities and bonds their main elements are presented, different subtypes, main risks, relevant topics related with their issuance and transaction in markets and valuation models.

Skills to be acquired

The purpose of this course is that students acquire theoretical and practical skills about function and operating dimensions of financial markets, specificities of different segments of financial markets, profiles and rational of different financial institutions. Students are expected to manage sound theoretical and practical skills about nature, valuation, issuance and transaction of bonds and equities.

Teaching Procedures

This course lies in a sound theoretical base complemented by extensive empirical evidence and examples from real world. As a corollary it is presented real world bond issuance and equity issuance.

Programme

1. Concepts and market types.
2. The participants in financial markets.
3. The money market .
4. The bond market .
5. Risk and return
6. Primary market and placement of securities .
7. Foreign exchange market .
8. Valuation of investments
9. The theory of portfolio and the theory of portfolio.
10. The market model .
11. Capital Asset Pricing Model

Evaluation Type

Two mid term exams

Teaching Resources

Lectures slides
Bibliographic references

Sustainability Objectives

Keywords

Financial Markets
Financial Institutions
Equity
Bond

Main Bibliography

Complementary Bibliography