International University

School of Business

COURSE SYLLABUS
1. General Information
 Course Title:
+ Vietnamese: Thị trường tài chính
+ English: Financial Markets
 Course ID: BA151IU
Undergrad
 Course level: Master
Both
General Fundamental
 Course type: Specialization (required) Specialization (elective)
Project/Internship/Thesis Others: ……………..
 Number of credits: 3
+ Lecture:
3
+ Laboratory:
0

 Prerequisites: None
 Parallel Courses: None
 Course it replaces: None
 Course standing in
curriculum

2. Course Description
This course examines the role that financial institutions and markets play in the dominant
economies of the world. Financial institutions will be explored, with emphasis on the
types of institutions and how each type of institution participates in financial intermedia-
tion. The roles and operations of financial markets will be examined with focus on regu-
lation, market structure, interest rates, and the function of the central bank.

3. Textbooks and Other Required Materials

Textbooks:
Frederic S. Mishkin and Stanley G. Eakins, Financial Markets and Institutions, 7th
Edition, Pearson Prentice Hall, 2012.
 Reference Materials:

Peter Howells and Keith Bain, Financial Markets and Institutions, 5th Edition, Prentice
Hall, 2007.

Peter Howells and Keith Bain, The Economics of Money, Banking and Finance, 4th
Edition, Prentice Hall, 2008.

Peter S. Rose and Milton H. Marquis, Money and Capital Markets: Financial Institutions
and Instruments in a Global Marketplace, 10th International Edition, McGraw-Hill
Irwin, 2009.

David S. Kidwell, David W. Blackwell, David A. Whidbee and Richard L. Peterson,

Financial Institutions, Markets, and Money, 10th Edition, John Wiley & Sons, Inc.,
2008.

Additional materials provided in Blackboard

The lecturer will attempt to make lecture notes and additional reading available on
Blackboard. However this is not an automatic entitlement for students doing this subject.
Note that this is not a distance learning course, and you are expected to attend lectures
and take notes. This way, you will get the additional benefit of class interaction and
demonstration.

Recommended Journals
Journal of Management Studies
Journal of Finance
Harvard Business Review

Recommended Internet Sites

UNCTAD (United Nations Conference on Trade and Development)
WTO (World Trade Organization)
Business Week
The Economist
Fortune
Forbes

4. Course Objectives
Evaluate the roles of financial institutions and financial markets in the economy
Identify the determinants of interest rates
Examine the functions and actions of the central banks in conducting the monetary
policy, and the impact of regulations on financial institutions and markets
Differentiate and understand the operation of each type of financial markets in the
economy
 Understand the operation of major financial institutions in the economy

5. Course Learning Outcomes

Learning Program Learning
Course learning outcome descriptions
outcome codes outcomes (*)
Understand the function of financial markets and
G1 financial institutions in the economy a, c, e, h

Identify the determinants of interest rates; forecast

G2 interest rates a,c, e, h

Understand the role and actions of the central bank

G3 in conducting the monetary policy a, c, e, i

Understand the different types of financial markets

G4 and how each market operates in the economy a, c,e, h, g, i

Understand the role and operation of major

G5 a, c,e, h, g, i
financial institutions in the economy

(*) Refer to student outcomes:

a. Knowledge: the students possess a solid body of knowledge relevant to the area
of business, appreciate changes and dynamics in the broad range of environments, and
comprehend the applications of business administration knowledge focusing on one of
four concentrations: Business Management, International Business, Marketing, Hospital-
ity Management for the Business Administration Program; and focusing on one of two
concentrations: Corporate Finance, Banking & Financial Investment for the Finance
and Banking Program.
b. Political perspective: the students understand fundamentally the structure and
principles of Vietnamese political system and its orientation.
c. Analytical skills: the students demonstrate an ability to apply appropriate quanti-
tative and qualitative analysis techniques, relevant conceptual frameworks, and general
knowledge in their majors to draw valid conclusions and provide recommendations.
d. Communication skills: the students demonstrate an ability to communicate effec-
tively by using appropriate communication methods to both domestic and international
audiences.
e. Critical thinking skills: the students understand business-related issues in multi
perspectives, interpret information effectively, and give sound judgment.
 f. Technology skills: the students understand how to apply effectively and efficiently
appropriate technologies to business and communication settings.
g. Ethical attitude at work: the students develop an awareness of the ethical dimen-
sions of communication, behavior, and decision-making at the workplace.
h. Cognitive ability and perspectives on globalization: the students are sensitive to
opportunities and challenges of globalization; responsive to cross-cultural issues that in-
fluence business operations in the global context so as to take advantages of global op-
portunities and overcome challenges.
i. Teamwork, self-studying, and career development skills: the students are effective
team members who are able to and willing to support others, to become successful team
leaders, to pursue life-long study having future-oriented perspectives.

6. Course Assessment
6.1 Grading
Assessment component Assessment form Percentage %
Lecture
A1. Process assessment A1.1 Group presentation, Quizzes, Team Project 30%
A2. Midterm assessment A2.1 Mid-term Exam 30%
A3. Final assessment A3.1 Final exam 40%

6.2 Assessment plan

Level of Bloom taxanomy

Applying Analyzing Evaluating Creating Wei
N Assessment
Learning Outcome
MC M gh
o. tasks W MC W W MC W
Q P P C P P (%)
Q Q Q Q Q Q
(**) Q
LO1.

Understand
the function
of financial
markets and
- Midterm
1 financial x x x x 20
exam
institutions in
the economy

2 - Midterm LO2. x x x x x 20
exam
- Final exam Identify the
- determinants
 Level of Bloom taxanomy
Applying Analyzing Evaluating Creating Wei
N Assessment
Learning Outcome
MC M gh
o. tasks W MC W W MC W
Q P P C P P (%)
Q Q Q Q Q Q
(**) Q
Presentatio
of interest
n
rates; forecast
-Quiz
interest rates
LO3.
- Midterm
exam Understand
- Final exam the role and
3 - Quiz actions of the x x x x x 20
- central bank
Presentatio in conducting
n the monetary
policy
LO4.

Understand
- Final the different
exam types of
- financial
4 markets and x x x x 15
Presentatio how each
n market
- Quiz operates in the
economy

LO5.

Understand
- the role and
5 operation of x x x x 25
Presentatio major
n financial
institutions in
the economy
Total 100

(**) MCQ: Multiple choice questions ; WQ: Writing questions; P: Presentation

7. Course Outline
Lecture:
Week/ Learning out- Teaching and learn-
Content
Class comes ing activities
Lecture 1: Overview of Financial
Teaching,
1 Markets G1, G2
Discussion
 Lecture 2: How to measure interest Teaching,
2 G2
rate Discussion
Lecture 3: Determinants of interest
3 G2 Discussion
rate
Lecture 4: Risk structure and term
structure of interest rate Teaching
4 G2
Discussion

Lecture 5: Central banking and the

5 G3
conduct of monetary policy
Lecture 5: Central banking and the Teaching
6 G3
conduct of monetary policy (cont) Discussing
7 Lecture 5: The Money Markets G4
8 Midterm test review
Midterm exam
Teaching
10 Lecture 6: The bond market G4
Discussing
Teaching
11 Lecture 7: The stock market G4
Discussing
Lecture 8: The Foreign Exchange
Teaching
12 Market and the International Finan- G4, G5
Discussing
cial System
Lecture 8: The Foreign Exchange
Teaching
13 Market and the International Finan- G4, G5
Discussing
cial System
Lecture 9: Banking and the Man- Teaching
14 G5
agement of Financial Institutions Discussing
Lecture 10: The Mutual Fund, In-
Teaching
15 surance Companies and Pension G5
Discussing
Funds
Final exam

8. Course Policy
8.1. Workload
It is expected that the students will spend at least eight hours per week studying this
course. This time should be made up of reading, research, working on exercises and
problems, and attending classes. In periods where they need to complete assignments or
prepare for examinations, the workload may be greater.
Over-commitment has been a cause of failure for many students. They should take
the required workload into account when planning how to balance study with part-time
jobs and other activities.
8.2 Attendance
Regular and punctual attendance at lectures is expected in this course. University
regulations indicate that if students attend less than eighty per cent of scheduled classes,
they may not be considered for final assessment. Exemptions may only be made on
medical grounds. It means that if you miss more than two classes, you may fail the class.
8.3 General Conduct and Behavior
Beepers, cell phones, and pagers need to be turned off before entering the classroom.
The students are expected to conduct themselves with consideration and respect for the
needs of the fellow students and teaching staff. Conduct which unduly disrupts or
interferes with a class, such as ringing or talking on mobile phones, is not acceptable and
students will be asked to leave the class. More information on student conduct is
available at the university webpage.
8.4 Keeping informed
The students should take note of all announcements made in lectures or on the
course’s Blackboard. From time to time, the university will send important
announcements to their university e-mail addresses without providing a paper copy. The
students will be deemed to have received this information.
8.5. ACADEMIC HONESTY AND PLAGIARISM
Plagiarism is the presentation of the thoughts or work of another as one’s own
(definition proposed by the University of Newcastle). Students are also reminded that
careful time management is an important part of study and one of the identified causes of
plagiarism is poor time management. Students should allow sufficient time for research,
drafting, and the proper referencing of sources in preparing all assessment items. The
university regards plagiarism as a form of academic misconduct and has very strict rules
regarding plagiarism.
9. Course Coordinator/Lecturer
 School/Department: Economic, Finance and Accounting
 Course Coordinator/Lecturer: Lê Ngọc Anh Khoa
 Phone: 0939.456.447 – only call, no sms/zalo/messenger…
 Email: lnakhoa@hcmiu.edu.vn

Ho Chi Minh City, ………….

HEAD OF DEPARTMENT DEAN OF SCHOOL