ESF:BPF_TFSC Transformation of the Fin.syst - Course Information

BPF_TFSC The Transformation of the Financial System

Extent and Intensity

2/0/0. 4 credit(s). Type of Completion: zk (examination).

Teacher(s)

Oleg Deev, Ph.D. (lecturer)
Ing. Dagmar Vágnerová Linnertová, Ph.D. (lecturer)

Guaranteed by

Ing. Dagmar Vágnerová Linnertová, Ph.D.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration

Timetable

Tue 11:05–12:45 P101

Prerequisites

! PFTFS Transformation of the Fin.syst
The course is intended for all students.

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 80 student(s).
Current registration and enrolment status: enrolled: 0/80, only registered: 0/80, only registered with preference (fields directly associated with the programme): 0/80

fields of study / plans the course is directly associated with

there are 26 fields of study the course is directly associated with, display

Course objectives

The main objective of the course is to acquaint students with the concept of financial system, the necessity and importance of financial transformation in the chosen emerging countries, and possibility of transformation process of the financial system to affect economic development. Students will be able to examine current issues and developments influencing the global or domestic financial sector of the economy from the historical perspective. Students should also be capable of discussing advantages and disadvantages of transformation process in the chosen emerging countries and understanding the causes and consequences of the 2007-2010 global financial crisis. The subjects of discussion in the course are chosen due to their demonstrative power to show successfulness of the transformation process of the economy in both Western and Eastern civilization models (the Czech Republic and the People’s Republic of China, respectively) along with struggling, possibly worst case scenario of the transformation (the Russian Federation).

Syllabus

• During the autumn semester of 2012 all topics would be covered in 11 meetings.
  1. Introduction to the Course. Financial System and its Transformation: Basic Definitions and Concepts
  2. Global Financial System: Concept, Evolution and Major Institutions
  3. Financial Crises and Its Impact on the Financial System
  4. China’s Economic Transition: Key Factors of Economic Development, Reformation Process, Results of the Economic Transformation, Challenges for the Future
  5. Financial System of China: Banking System, Financial Markets, Regulation and Supervision
  6. Economic Transition of Russia: Key Factors of Economic Development, Transformation Procedures, Results of the Economic Transformation, the 1998 Financial Crisis, Challenges for the Future
  7. Financial System of Russia: Banking System, the 1998 Banking Crisis, Financial Markets
  8. Czechoslovakia at the end of the 1980’s
  9. Process of transformation and privatization process
  10. Banking sector and its transformation
  11. Capital market sector and its transformation
  12. Market Regulation and Protection in the Czech Republic (SEC)
  13. Companies in the process of transformation

Literature

required literature
• BEREND, T. Iván. From the Soviet bloc to the European Union : the economic and social transformation of Central and Eastern Europe since 1973. 1st pub. New York [N.Y.]: Cambridge University Press, 2009, xv, 299. ISBN 9780521729505. info
• SVOBODA, Martin. The transformation of the financial system in the Czech Republic. 1. vyd. Brno: Masarykova univerzita, 2007, 170 s. ISBN 9788021042483. info
• Cultivation of financial markets in the Czech Republic. Edited by Michal Mejstřík. Prague: Charles University in Prague, The Karolinum Press, 2004, 399 s. ISBN 8024609800. info

recommended literature
• Outline of the lectures are available in the Study Materials. For the topics 1-7 additional readings will be announced at the end of each lecture.

Teaching methods

The course is taught in lectures only, which include class discussions and require active participation. Essays improve the ability of students to summarize a certain issue in the field of transformation of the financial system and discuss it critically. Additional readings serve to broaden and deepen the spectrum of knowledge students acquire during the lectures.
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.

Assessment methods

For the successful completion of the course students are required to submit an essay on the specific topic (the list of topics is available in the Study Materials) and take a written exam (test of 20 questions or problems with multiple choices – up to 20 grade points). Students will not be allowed to take an exam without submitting an essay with all the requirements fulfilled. Excellent essays would be awarded with additional grade points (up to 10).
Additional grade points (up to 10) might be also gained for the lecture participation, which means that student is actively watching, listening and answering questions as the lecture progresses. Student tries to solve the suggested example problems as the lecture proceeds and proves that he/she has learned the material by answering the related questions and working the related problems incorporated in the summative assessment.

Essay requirements:
1. An essay should express your own opinions and thoughts, based on facts or supported by experts’ opinions expressed in books, scientific articles, newspaper or magazine articles, or economic reviews. Quotations are obligatory and should be integrated into writing.
2. An essay must be one-two page long and should be organized into paragraphs (introduction, general discussion, conclusions).
3. ESF official formatting requirements must be fulfilled (Times New Roman, font size of 12 points, 1.5 spacing between the lines, heading with student’s name, UČO and topic).
4. An essay should be written in English and be spell-checked, grammar-checked and personally proofread.
5. List of references is required (use generator.citace.com for its compilation).
6. Essay should be submitted to the Homework Vaults by November 19, 2012.
7. Non-satisfactory essays will be awarded with zero grade points.
Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.

Language of instruction

English

Further comments (probably available only in Czech)

Study Materials
The course is taught annually.
General note: Nezapisují si studenti, kteří absolvovali předmět PFTFS.
Credit evaluation note: k = 1.

• Enrolment Statistics (Autumn 2012, recent)
  
• Permalink: https://is.muni.cz/course/econ/autumn2012/BPF_TFSC