Financial And Capital Markets

Subject

• The role of financial system
• Present Value and Compounding
• Foreign exchange market (Spot, Forward, Swap, etc.),
• Money market (Time deposits, Commercial papers, Federal funds, Repos, Repurchase agreements, Forward rate agreements, etc.),
• Bond market (Corporate bonds, Structured Bonds, Municipal bonds, etc.)
• Derivative markets (Forward contracts, Futures contracts, Options contracts, etc.)
• Apply appropriate pricing techniques for financial products.
• Evaluate the risk and return of financial products.
• Portfolio theory, Security analysis, Models of equilibrium in the capital markets.

Educational Aims

Developments in the financial system and the money and capital markets provide new growth opportunities, but also create new challenges that require appropriate analysis. The main objective of this course is to learn about the theories and applications associated with the functions of money and capital markets. At the end of this course the students should be able to:

• Understand the role of the financial system
• Understand the money market.
• Understand the currency market.
• Understand the capital market.
• Use the appropriate tools and the most suitable techniques for pricing financial products, evaluate their risk and return.

In addition, exercises are solved so that the students gain essential skills and more flexibility in dealing with practical problems in the field of financial and capital markets.

Student Evaluation

Written examination aftertheend of the semester (100%) including:

• QuickQuestions,
• TestDevelopment Questions,
• Problemsolving,

Bibliography

1. Σ. Σπύρου, «Αγορές χρήματος και κεφαλαίου», Εκδόσεις Μπένου, Αθήνα, 2013 (in Greek).
2. Π. Αγγελόπουλος, «Εισαγωγή στα παράγωγα χρηματοοικονομικά προϊόντα», Εκδόσεις Σταμούλη, Αθήνα, 2001 (in Greek).
3. Σ. Θωμαδάκης, και Μ. Ξανθάκης, «Αγορές χρήματος και Κεφαλαίου, Τραπεζική Επιστήμη: Θεωρία και Πράξη», Eκδόσεις Σταμούλη, Αθήνα, 2011 (in Greek).
4. Π. Ευθυμόγλου και Α. Μπάλλας, «Χρηματοδοτικοί οργανισμοί και αγορές», Εκδόσεις Μπένου, Αθήνα, 2003 (in Greek).