Capital markets and innovations

Teacher(s)

Iania Leonardo;

Language

English

Main themes

• The course gives an overview of the functioning and the development of capital markets. It touches the markets, the role played by corporate in their developement , as well as the new products. It will also stufy the importance of Fintech and new sources of financing, focusing therefore on positive social outcomes of markets

Learning outcomes

At the end of this learning unit, the student is able to :
1	Upon completion of this course, students are expected to complete the following key tasks: Act in an international and multicultural context. Act as a social responsible actor Upon completion of this course, students are expected to develop the following capabilities: Understand the complexity of capital markets as well as their past and future evolution.

Content

This course aims at better understanding financial markets functionning.
It covers the following topics:
             . Capital markets participants and their evolution
. The structure of interest rates and the pricing of debt obligations
. Equity markets, debt market, money market instruments, municipal securities, and credit sensitive securitized products
 derivative markets.
 . Financial Innovation and ESG markets

Teaching methods

• Lectures, workshops, group assignments
• Bloomberg market concepts

Evaluation methods

The evaluation methods are based on “Continuous Evaluation”, i.e. no exam is foreseen at the end of the teaching session. Students will solve exercises in groups for which they will deliver a written report and an oral presentation. Individual evaluation will also be part of the final grade. 

Online resources

Sides available on Moodle

Bibliography

Investments, 13th Edition, By Zvi Bodie, Alex Kane and Alan Marcus, ISBN10: 1264412665 | ISBN13: 9781264412662.
Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined by Lasse Heje Pedersen

Teaching materials

• Book: Investments, 13th Edition, By Zvi Bodie, Alex Kane and Alan Marcus, ISBN10: 1264412665 | ISBN13: 9781264412662.
• Book: Efficiently Inefficient: How Smart Money Invests and Market Prices Are Determined by Lasse Heje Pedersen

Faculty or entity

CLSM