FINC 667 Global Capital Markets and Institutions (4)

This course examines the operations of financial markets and financial institutions in allocating capital in an international macroeconomic environment. A major focus will be on debt contracts and securities and on innovations in credit and money markets. Specific topics include history of the international financial system, foreign exchange and exchange rate determination, the balance of payments, open economy macroeconomics, corporate financing in international capital markets, and hedging and arbitrage. The functions of financial intermediaries and regulation also are discussed. Prerequisite(s): Full-Time- ACCT 602 Cost Accounting (2) or ACCT 652 Accounting Information and Control Systems (4) and FINC 604 Managerial Finance (2) or FINC 614 Finance (4) and FINC 614B Advanced Financial Management (2). Fully Employed-FINC 655 Financial Management of the Firm (4).

Grading Basis: Graded