FINANCIAL MARKETS AND
INSTITUTIONS
1_introduction
姚瑾
Tianfu College of SWUFE
Fall, 2011
Outline
• MARKET EXPERIMENT
• WHAT ABOUT FINANCIAL MARKETS AND
INSTITUTIONS?
• COURSE DESIGN
• ME
• TEAM BUILDING
• PROJECT 1
Markets
• What is markets?
• What is the function of markets?
Experiment
Market experiment
50
44
40
40
38
34
30
36
30
28
24
20
26
20
buyer
seller
20
14
10
12
10
8
6
0
0
2
4
6
8
10
Market experiment
50
44
40
40
38
36
34
30
30
28
buyer
seller
26
24
20
20
20
14
12
10
10
0
8
6
1
2
3
4
5
6
7
8
Market experiment
price
50
44
40
40
38
36
34
30
30
28
buyer
26
24
20
seller
20
20
14
12
10
10
8
6
0
1
2
3
4
5
6
7
8
Function of market
Price discovery
Resources allocation
-“invisible hand”
What the course talking about?
金融市场有那些投资工具？列举至少两个。
国债是最安全的投资品种吗？
利率是由谁决定的？
债券的价格和收益率之间是什么关系？是否价格越高的
债券收益率就越高？
5. 十年期的无息债券和十年期的付息债券的有效期限是一
样的吗？
6. 货币市场和资本市场的区别是什么？
7. 投资银行是什么银行？靠什么盈利？
1.
2.
3.
4.
Contents
CH 01-05
PRINCIPLES OF
FINANCIAL MARKETS
FINANCIAL
MARKETS
MONETARY POLICY
CH 09
CH 10
CH 14
FINANCIAL
INSTITUTIONS
MANAGEMENT
CH 15,16,18
MONEY MARKETS
BANK
CAPITAL MARKETS
INSURANCE
MORTGAGE MARKETS
FINANCE
COMPANY
FOREIGN EXCHANGE
MARKETS
SECURITY
Learning outcomes
After you learning this course, you are be able to:
• Understand the principle of financial markets
–
–
–
–
Financial system
Interest rates
Behavior of interest rates
Risk
• Understand how the typical financial markets work
– The money markets
– The capital markets
• Understand the financial institutions and its
management
– Commercial banking industry
– Banking regulation
Other skills
• Command of English, both in writing and
speaking.
• Presentation skill.
• Teamwork/communication skill/achieve
the goal
• A sensitive reader to any financial news.
• The skill about searching and positioning
the valuable information
instruction methods
•
•
•
•
•
•
•
•
In class lecture
Financial news report
Team project
Case study
Presentation instruction
Assignment review
Paper and exam
Tutorial individually
References
• 金融市场与机构(第5版) 弗雷德里克·S·米什
金(Frederic S.Mishkin)、斯坦利·G·埃金斯
(Stanley G.Eakins)、李健、贾玉革 中国人
民大学出版社 (2007-04出版)
• 金融市场与金融机构导论 伯顿、惠超 清华
大学出版社 (2004-01出版)
Useful website
• 金融时报中文网
– www.ftchinese.com
• 华尔街日报中文网
– http://cn.wsj.com/gb/
• 路透中文网
– http://cn.reuters.com/
• 中国人民银行
– http://www.pbc.gov.cn/
Class structure
Financial
news
report
lecture
Research
project
presentation
Classroom rules
 As a bilingual course, English is used more than
often in the classroom.
 Mobile phones and the alike should be switched
off, or changed to mute mode in the classroom.
 Regular and punctual attending the classes is
essential.
 You need to read the chapter(s) or other materials
required before the classes.
 Highly recommend that keep reading newspapers,
magazines and internet financial news regularly
as your good habit.
Assessment
proportion
items
points
10%
Class Participation
text reading, contribute to
class study
10%
Financial news reports
team, 2 rounds
10%
Assignments
5,individualy
30%
team projects
team, 2 projects, 15% each,
reports, PPT slides,
presentation
40%
Final Exam
Assignment policy
• Complete some major parts, you will get
some homework,
• Individual homework,
• Next class you need to hand in,
• Random 10, decided by me,
• One is present on class, other 9 hand in
paperwork.
General information
• QQ: 1377168182
• E-mail:
1377168182@qq.com
• Office Room :
B-105
• Office Hours:
Wednesday 12:00-14:00
Self -introduction
1993-1997 studied in Sichuan University major in
computer science.
1997-2002 worked for Chengdu Standard Information
Institute as a computer engineer.
2000-2003 studied in UESTC, MBA
2002-2003 served in Maipu(Sichuan) Telecommunication
Technology co.,ltd as a senior quality management
supervisor.
2003-present teaching Electronic
Commerce,Management, MIS,International Economics
in (EC)Tianfu School of SWUFE. developed the
innovation course Introduction to Oracle Financials
individually in 2005
2010-now focus on finance, teaching FINANCIAL
MARKETS AND INSTITUTIONS and INVESTMENT
Comments to my job
“…”
•
老师讲课不错，英文口语很好，听着很舒服！另外，老师总给我们增加一些
其他话题，减少了听课过久的疲劳，同时也拓宽了我们的知识面！相信 老师
以后会越来越好的！
•
姚老人很好，要说什么平时已经说啦，姚老，舍不得你！
•
姚老师育人有方,对课程安排合理有序,其人文教学丰富精采,善于引导我们的
思维,可以说是启人心志.其人格魅力也是值得大家学习的.
•
姚老师教学严谨，同时还为我们带来了许多的有用信息。设计的课后作业、
小组项目都很能巩固我们的知识点，锻炼我们的能力。老师的穿着打扮很时
尚，性格也很爽朗。我很喜欢姚老师！
Comments to my job
“…”
•
姚老师很有气质，说话意味也很深长，很有逻辑感、层次感，表达能力更不
用说，一口流利的英文发音、清晰、意思明确，我非常的佩服她，最令我尊
敬、佩服的说她会给我们很大很大的思维空间，让我们自己去思考、自己去
想象，然后再给我们公布结果，我觉得这个教育模式不仅锻炼我们的思维能
力、而且还很容易掌握知识。老师的教育方式是用地非常妙的，再加上老师
的工作认真、负责，双语课就非常（容易）学懂了。
•
好老师！你的教学很有利于我们学到知识！我很喜欢！
•
上您的课让我觉得不是在上课，而是在学如何做人。每节课都有不同的感
受，让我的思维能更加发散。I really very appreciate it.thank u
•
双语本来学起来就比较吃力，还有很多专业的表达，有时候比较模糊，但
是，还是学到了一些如何分析投资相关的知识。谢谢您。
I need a TA
• Teacher Assistant
– Coordinate
– Communicate
– Provide service
• Email your resume before this weekend
– Email: 1377168182@qq.com
Class structure
Financial
news
report
lecture
Research
project
presentation
Financial news report
• 2-3 financial news;
• Including 1 English news, from the news
introduce 2 English words;
• PPT slides;
• Spokesman is determined by me;
• News sources is very important.
Research Project 1
• To investigate the financial institutions:
Depository institutions: commercial banks…
Central bank
Insurance companies
Investment companies: mutual funds, trusts,
ETF
5. Pension funds
6. Investment banks
7. Regulation agents
1.
2.
3.
4.
Required Contents
• Beginning with a story
• Demo companies (one in U.S., one in
china)
• Business model
• Organization structure
• Target position requirements
• Job assignment, process records
Requirement
• Research report (cover sheet, hard copy,
in english )
• Presentation (PPT slides, in english)
• Oral defense
• Delivery in Chinese
• Performance assessment
• signature
Team building
• Make a team
• Team list
Remind
• Financial news report  team 7
• Research project  team 1
What they need?
• 中国平安国际金融中心 个人财富分析师
工作职责
1、服务于公司VIP客户及京城高价值个人客户，为高价值个人客户提供全方面金融理财
服务；
2、通过与客户沟通，了解客户在家庭财务方面存在的问题以及理财方面的需求；
3、根据客户的资产规模、生活目标、预期收益目标和风险承受能力进行需求分析，出具
专业的理财计划方案，推荐合适的理财产品；
4、通过调整存款、股票、债券、基金、保险等各种金融产品的理财产品比重达到资产的
合理配置，使客户的资产在安全、稳健的基础上保值升值；
5、协助客户开立帐户及一系列后期服务；
6、定期与客户联系，报告理财产品的收益情况，向客户介绍新的金融服务、理财产品及
金融市场动向，维护良好的信任关系。
http://jobs.zhaopin.com/beijing/%E4%B8%AA%E4%BA%BA%E8%B4%A2%E5%AF%8C%E5%88%86%E6%9E%90
%E5%B8%88_343974016250096.htm
What they need?
招聘要求
1、25岁以上，金融或相关专业，本科以上学历（海归优先）
2、具有证券、银行、保险、信托、期货、投资公司（其中之一）工作经历，有管理运
作大资金经历；
3、具有扎实的经济、金融、投资等领域的相关理论知识，深厚的行业与公司研究能
力，敏锐快捷的市场反应能力和较强的风险控制意识；
4、善于对宏观经济形势和股票市场进行深入分析，为客户提出行业配置以及投资策略
建议；
5、具有严密的逻辑思维和分析判断能力，良好的公众演讲能力和沟通能力；
6、取得金融业专业资格认证者优先．