Course Outline - FIM
Course Outline - FIM
Course Descriptions:
Financial markets and institutions channel trillions of dollars through the economy, affecting business
and consumer decisions and the economic wellbeing of foreign countries. The purpose of this course
is to guide students in developing critical thinking skills as applied to financial markets and institutions.
Topics include the financial system in perspective; financial assets, money and financial transactions;
financial institutions in the financial system; interest rates in the financial system, interest rates in the
financial system, financial markets in the financial system, the regulation of financial markets and
institutions, and overview of Ethiopian financial system.
Course Objective:
The objective of the course is to acquaint the learners with the nature, organization and functioning of financial
markets and institutions including their regulation and control. Moreover, the course provides students the essential
knowledge required to understand the nature and role of the financial system in the economy and the characteristics
and operations of the major financial institutions.
Textbook Required:
Fabozzi, Frank J, Franco Modigliani, Frank J. Jones. Financial Institutions and Market 3rd Edition, USA
Frederic S. Mishkin, The Economics of Money, Banking and Financial Markets, 8th edition, 2006,
Addison Wesley
Reference Books
Saunders, Anthony and Marcia Millon Cornett. Financial markets and institutions Rose, Peter S. Money
and capital markets: The financial system in an increasingly global economy. 5th Ed
Howells, Peter and Keith Bain (2008, 4e), The economics of money, banking, and finance: a European
text, Harlow, Financial Times and Prentice-Hall (H&B)
Keith Pilbeam (various editions) Finance & Financial Markets, Palgrave Macmillian (332.PIL)
Glen Arnold (2011) Modern Financial Markets, Financial Times and Prentice-Hall