Money and Capital Markets
FNCE 126
Money and Capital Markets
Fall 2013
Instructor: Donald Davis
Office:
Lucas Hall – 316Z
E-mail:
ddavis@scu.edu
Course Web Page: On the Camino System
Office Hours: Tuesdays & Thursdays, 11:00-12:00 am, or by appointment after 3:45
Class Meetings: Tuesdays and Thursdays 2:00–3:40pm in Lucas 307
Course Objectives
Money and Capital Markets is an overview of the broad structure of the money markets
(short term) and capital markets (long term financing), covering both corporate and government financing. It examines these markets from the perspective of an issuer’s financial manager – what are the major funding vehicle alternatives that are available, and what is the market structure and pricing mechanism for each of these alternatives?
Prerequisites - Things You Should Already Know
ACTG 11 and 12 OMIS 40 and 41 FNCE 121 FNCE 124 -
Balance Sheet and Capital Structures
Basic Calculations in Excel
Bond Mathematics – Price and Yield calculations
Common Stock Valuation based on Intrinsic Value and CAPM
Securities Markets and Risks
Portfolio Construction and Investment Evaluation
Weekly Preparation / Class Participation
Students should read all assigned readings before each class, and be prepared to discuss each assigned case. A set of “learning objectives” will be provided for each reading. The best way to read the text chapter or HBS note is with the list of learning objectives at hand, looking to identify each of the learning objectives within the text material. At the end of each textbook chapter is a summary, a list of key terms, and questions or problems for review. Specific questions for discussion may be posted on the class site in the
Camino system in advance of each week’s session. All of this material should be reviewed prior to class.
Each Tuesday after the first week there will be a discussion of two articles taken from the prior week’s newspaper. Each week some students will be assigned to teams to select and
Money and Capital Markets
Fall 2013
Instructor: Donald Davis
Office:
Lucas Hall – 316Z
E-mail:
ddavis@scu.edu
Course Web Page: On the Camino System
Office Hours: Tuesdays & Thursdays, 11:00-12:00 am, or by appointment after 3:45
Class Meetings: Tuesdays and Thursdays 2:00–3:40pm in Lucas 307
Course Objectives
Money and Capital Markets is an overview of the broad structure of the money markets
(short term) and capital markets (long term financing), covering both corporate and government financing. It examines these markets from the perspective of an issuer’s financial manager – what are the major funding vehicle alternatives that are available, and what is the market structure and pricing mechanism for each of these alternatives?
Prerequisites - Things You Should Already Know
ACTG 11 and 12 OMIS 40 and 41 FNCE 121 FNCE 124 -
Balance Sheet and Capital Structures
Basic Calculations in Excel
Bond Mathematics – Price and Yield calculations
Common Stock Valuation based on Intrinsic Value and CAPM
Securities Markets and Risks
Portfolio Construction and Investment Evaluation
Weekly Preparation / Class Participation
Students should read all assigned readings before each class, and be prepared to discuss each assigned case. A set of “learning objectives” will be provided for each reading. The best way to read the text chapter or HBS note is with the list of learning objectives at hand, looking to identify each of the learning objectives within the text material. At the end of each textbook chapter is a summary, a list of key terms, and questions or problems for review. Specific questions for discussion may be posted on the class site in the
Camino system in advance of each week’s session. All of this material should be reviewed prior to class.
Each Tuesday after the first week there will be a discussion of two articles taken from the prior week’s newspaper. Each week some students will be assigned to teams to select and