Transformation of the financial system Course Outline and Requirements Oleg Deev Department of Finance, Masaryk University spring 2015 Lecturers Dagmar Linnertov´a E-mail: Dagmar.Linnertova@seznam.cz Office hours: Mondays 1 – 2 p.m. Oleg Deev E-mail: oleg@mail.muni.cz Office hours: Thursdays 1 – 2 p.m. You could find us at the Faculty of Economics and Administration, Department of Finance, Office #408 (4th floor) Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 2 / 10 Course objectives To acquaint with the concept of financial system, the necessity and importance of financial transformation in the chosen emerging countries To understand the possibility of transformation process of the financial system to affect economic development To examine current issues and developments influencing financial sector of the economy from the historical perspective To identify the causes and consequences of the 2007-2010 global financial crisis To understand advantages and disadvantages of the transformation process in the chosen emerging markets To interpret the operation of actual financial markets in the economy and current policy debates Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 3 / 10 Subjects of the discussion Global financial system Financial system and economy of the Czech Republic Financial system and economy of the People’s Republic of China Financial system and economy of the Russian Federation Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 4 / 10 Course Information 13 topics Outline of the lectures would be available in the Study Materials Basic definitions and concepts of the course are covered in Mishkin, F. S., and Eakins, S. G. (2009). Financial Markets and Institutions, 7th edition For the topics 1-7 essential readings will be announced at the end of each lecture Students are expected to prepare for lectures by reading the provided materials beforehand Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 5 / 10 Course completion Essay on the specific topic – obligatory (up to 10 grade points) Active participation in discussions – optional (up to 10 grade points) 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 Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 6 / 10 Essay Specific topics (list of topics is available in the IS) Choice of the essay topic should be registered in the IS (Student → Enroll in a topic/variant listed under the package of topics→ BPF TFSC ESSAYS) – registration opens February 26, 2015 Express your own opinions and thoughts, based on facts or supported by experts’ opinions At least five sources should be used Citations are obligatory and should be integrated into writing Deadline – April 24, 2015 Upload via Information System (Course Materials→ Transformation of the Financial System→ Depository) Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 7 / 10 Essay (cont.) One page long (longer essays will be penalized) Well-organized and structured (introduction, general discussion, conclusions) Faculty’s official formatting requirements (Times New Roman, font size of 12 points, 1.5 spacing between the lines, heading with student’s name, UˇCO and topic) List of references (might be put on the second page) Any tables and figures should be placed on the second page Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 8 / 10 Essay statistics Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 9 / 10 Grading The grades points are given for an essay, lecture participation and correct answers in the exam A 28-30+ B 26-27 C 23-25 D 21-22 E 18-20 F below 18 Plus/minus grading at student’s request will not be used in this course Oleg Deev (Department of Finance) Transformation of the financial system spring 2015 10 / 10