FM 111 Syllabus - bsbbs PDF

Preview

Summary

bsbbs...

Description

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 1 of 12

VISION OF THE UNIVERSITY

A premier Philippine university by 2028.

MISSION OF THE UNIVERSITY

To develop virtuous human capital and sustainable innovations in a knowledge-driven global economy.

CORE VALUES

Knowledge – Upholding knowledge as empowerment, we aim to develop intelligent individuals who can make informed decisions. Inclusivity – We support and encourage diversity and collaboration, engaging in programs that promote growth and development for all sectors of society. Professionalism – Reared in a merit-based environment, we commit ourselves to the highest standards of ethics and professionalism. Spirituality and Social Responsibility – We are committed to providing holistic development that inculcates love and service to God, humanity and the environment.

INSTITUTIONAL OUTCOMES

Anchored on the university’s Vision, Mission, and Core Values, the Mariano Marcos State University institutional learning outcomes are qualities that MMSU graduates must possess. MMSU graduates should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.

demonstrate adequate knowledge, skills, and attitudes to be effectively integrated into a knowledge-driven global economy; maintain a high degree of ethics, professionalism, discipline and accountability; communicate effectively and articulate ideas through various modalities and in diverse contexts; commit themselves to lifelong learning and personal development to achieve excellence; analyze problems and issues critically, and develop ideas and innovative solutions to respond to the needs of local, national and global communities; display spiritual values through respect for and service to god, humanity, and country; practice social and environmental responsibility; collaborate with and maintain harmonious relationships with others; respect multicultural diversity; engage in activities that promote growth and empowerment for all sectors of society; make informed, intelligent, fair and equitable decisions; and show appreciation for and contribute to the development and preservation of cultural heritage.

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

GRADUATE ATTRIBUTES

COLLEGE GOALS

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 2 of 12

Anchored on the university’s Vision, Mission, and Core Values, MMSU graduates must be: 1. globally competent; 2. professional; 3. effective communicator; 4. lifelong learner; 5. innovative; 6. spiritual; 7. socially responsible; 8. collaborative; 9. respectful to diversity; 10. empowered; 11. critical thinker; and 12. culturally responsive. 1. 2. 3. 4. 5. 6. 7.

PROGRAM OUTCOMES

Document Code

Provide quality instruction in accountancy, economics, business and management, entrepreneurship, cooperatives, tourism and hospitality management which is responsive to local and global needs and expectations; Build and maintain a highly qualified manpower and well equipped proactive academic unit through continuing education; Foster a culture of research along its academic offerings and other related areas; Produce and published research-based and community-based materials for instruction and extension use and other alternative education mode; Share resources and expertise to the community through a continuing education, capability building and volunteerism programs; Establish linkages and strengthen partnership with industries and other stakeholders both local and foreign; and Inculcate positive values and attitudes among students for the development of socially responsible and democratic citizenship, concern for the environment and a strong sense of national pride.

Graduates of the BS Accountancy program are able to: 1. resolve business issues and problems, with a global and strategic perspective using knowledge and technical proficiency in the areas of financial accounting and reporting, cost accounting and management, accounting and control, taxation, and accounting information systems; 2. conduct accountancy research through independent studies of relevant literature and appropriate use of accounting theory and methodologies; Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

3. 4. 5.

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 3 of 12

employ technology as a business tool in capturing financial and non-financial information, generating reports and making decisions; apply knowledge and skills to successfully respond to various types of assessments; and (including professional licensure and certifications); and confidently maintain a commitment to good corporate citizenship, social responsibility and ethical practice in performing functions as an accountant.

Upon completion of the course, the student will be able to: 1. explain the importance of financial markets in the financial system; 2. explain the structure and role of financial markets in the financial system; 3. identify the different financial institutions and intermediaries; 4. identify the different key players and roles in financial markets; 5. identify and explain the role of financial managers as to investing decisions; and 6. apply the various leverages in the analysis of business operations.

COURSE OUTCOMES

COURSE SYLLABUS COURSE CODE

FM 111

COURSE TITLE

FINANCIAL MARKETS

CREDIT UNITS

3

COURSE PREREQUISITE

ACC 101

COURSE DESCRIPTION

This course gives fundamental knowledge on the structure, function and role of the financial system in light of the complex web of links and interconnections with the banking sector. It covers financial intermediaries, financial instruments (locally and internationally) and the different markets where credit institutions are active players. It also deals with investments, risks and rates of returns. The course will help students to develop a series of application of principles from finance and economics that explore connection between financial markets, financial institutions and the economy.

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 4 of 12

CONTENT OUTLINE AND TIMEFRAME TIME FRAME 12 hours

12 hours

COURSE CONTENT /SUBJECT MATTER CHAPTER I. THE FINANCIAL MARKETS 1. Overview of the Financial System 2. Nature, Purpose, Structure and Role of Financial Markets in the Financial System 3. Types of Financial Markets a. Physical Markets vs. Financial Markets b. Spot vs. Futures Markets c. Money vs. Capital Markets d. Primary vs. Secondary Markets e. Private vs. Public Markets f. Debt vs. Equity Markets 4. Major Players and their Roles in Financial Markets a. Philippine Stock Exchange b. Listed Companies c. Stockbrokers d. Clearing House e. Regulators f. Investors CHAPTER II. THE FINANCIAL INSTITUTIONS 1. Financial Intermediaries a. Commercial Banks b. Savings and Loan Associations c. Mutual Savings Banks d. Credit Unions e. Pension Funds

MODES OF DELIVERY Online

Online

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

30 hours

f. Life Insurance Companies g. Mutual Funds h. Investment Banking House 2. Stock Market 3. Interest Rates Levels 4. Determinants of Market Interest Rates a. Real Risk-free Rate of Interest b. Nominal or Quoted Risk-free Rate of Interest c. Inflation Premium d. Default Risk Premium e. Liquidity Premium f. Maturity Risk Premium 5. Roles of Financial Managers CHAPTER III. INVESTMENT, RISKS AND RATES OF RETURNS 1. Types of Risk (Business operation and Financing) 2. Measures of Risks a. Beta b. Coefficient of Variation c. Standard Deviation 3. Degree of Operating, Financial and Total Leverage 4. Derivatives a. Forwards b. Futures c. Swaps d. Options 5. Investment Models a. Black Scholes b. Capital Asset Pricing Model

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 5 of 12

Online Face - to – Face

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

6. 7.

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 6 of 12

The Philippine Stock Exchange and Other Foreign Bourses Types of Investment Products and their Characteristics

LEARNING PLAN:

Desired Learning Outcomes (DLO) At the end of the unit, the students must have: 1. defined and explained the financial system; 2. defined and explained the overview and importance of financial markets; 3. explained the structure and role of financial markets in the financial system; 4. identified and explained the different types of financial

Course Content/Subject Matter CHAPTER I. THE FINANCIAL MARKETS 1. Overview of the Financial System 2. Nature, Purpose, Structure and Role of Financial Markets in the Financial System 3. Types of Financial Markets a. Physical Markets vs. Financial Markets b. Spot vs. Futures Markets c. Money vs. Capital Markets d. Primary vs. Secondary Markets e. Private vs. Public Markets

Teaching and Learning Activities (TLA’s) 1. 2. 3. 4. 5.

Problem solving Case analysis Brainstorming Cooperative learning Allowing students to reason out and communicate their ideas.

Assessment Task (AT’s) 1. Paper and pencil test 2. Graded assignment 3. Exercises 4. Problem sets 5. Case analysis

Resource Materials

Time Table

1. 2. 3. 4. 5. 6.

12 hours

Worksheets Problem sets Internet readings Activity sheets Laptop LCD Projector

Values Learned/Competencies o Initiative o Independence o Efficiency

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Desired Learning Outcomes (DLO) markets; and 5. identified and described the roles of the major players in financial markets.

At the end of the unit, the students must have: 1. identified and explained the different financial institutions; 2. identified and described the different financial intermediaries; 3. stated examples of the different financial institutions and specific financial intermediaries; 4. defined the overview, importance and functions of the stock market; 5. defined and analyzed the different rate levels; 6. described the relationship between annual inflation rates and long-term interest rates; 7. defined and explained the

Course Content/Subject Matter f. Debt vs. Equity Markets Major Players and their Roles in Financial Markets a. Philippine Stock Exchange b. Listed Companies c. Stockbrokers d. Clearing House e. Regulators f. Investors CHAPTER II. THE FINANCIAL INSTITUTIONS 1. Financial Intermediaries a. Commercial Banks b. Savings and Loan Associations c. Mutual Savings Banks d. Credit Unions e. Pension Funds f. Life Insurance Companies g. Mutual Funds h. Investment Banking House 2. Stock Market a. Overview, importance and functions 3. Interest Rates Levels 4. Determinants of Market Interest Rates a. Real Risk-free Rate of Interest

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Teaching and Learning Activities (TLA’s)

Assessment Task (AT’s)

1. Problem solving 2. Case analysis 3. Brainstorming 4. Cooperative learning 5. Allowing students to reason out and communicate their ideas.

1. Paper and pencil test 2. Graded assignment 3. Exercises 4. Problem sets Case analysis

Page 7 of 12

Resource Materials

Time Table

1. 2. 3. 4. 5.

12 hours

Values Learned/Competencies

4.

Worksheets Problem sets Internet readings Activity sheets Laptop LCD Projector

o o o

Initiative Independence Efficiency

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Desired Learning Outcomes (DLO) determinants of market interest rates; and 8. explained the roles of financial managers as to investment, operating and financing decisions.

At the end of the unit, the students must have: 1. defined and explained the different types of risks as to business operations and financing; 2. explained and applied the different measures of risks; 3. explained the importance of the degree of operating, financial and total leverage and applied them in the analysis of business operations; 4. explained the effects of operating leverage on capital structure; 5. defined and explained the different types of derivatives; 6. distinguished among forwards, futures, swaps and credit derivatives;

Course Content/Subject Matter Nominal or Quoted Risk-free Rate of Interest c. Inflation Premium d. Default Risk Premium e. Liquidity Premium f. Maturity Risk Premium 5. Roles of Financial Managers CHAPTER III. INVESTMENT, RISKS AND RATES OF RETURNS 1. Types of Risk (Business operation and Financing) 2. Measures of Risks a. Beta b. Coefficient of Variation c. Standard Deviation 3. Degree of Operating, Financial and Total Leverage 4. Derivatives a. Forwards b. Futures c. Swaps d. Options 5. Investment Models a. Black Scholes b. Capital Asset Pricing Model 6. The Philippine Stock Exchange and

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Teaching and Learning Activities (TLA’s)

Assessment Task (AT’s)

1. Problem solving 2. Case analysis 3. Brainstorming 4. Cooperative learning 5. Allowing students to reason out and communicate their ideas.

1. Paper and pencil test 2. Graded assignment 3. Exercises 4. Problem sets 5. Case analysis

Page 8 of 12

Resource Materials

Time Table

Values Learned/Competencies

1. 2. 3. 4. 5. 6.

30 hours

o o o

b.

Worksheets Problem sets Internet readings Activity sheets Laptop LCD Projector

Initiative Independence Efficiency

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Desired Learning Outcomes (DLO) 7. explained how the manager of financial institutions use financial derivatives to manage interest rates and foreign exchange risks; 8. explained the dangers of derivatives; 9. explained and applied Black Scholes and CAPM to derive a structure for option pricing; 10. described capital markets, Philippine Stock Exchange and foreign bourses; and 11. identified and described the different types of investment products.

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Teaching and Learning Activities (TLA’s)

Course Content/Subject Matter 7.

Document Code

Assessment Task (AT’s)

Resource Materials

Page 9 of 12

Time Table

Values Learned/Competencies

Other Foreign Bourses Types of Investment Products and their Characteristics

TEXTBOOKS/REFERENCES

Besley, Scott and Eugene F. Brigham, (2018). Essential of Managerial Finance. Thomson Higher Education. 5191 Nathorp Boulevard, Mason, OH, USA Brealey, Myers. Principles of Corporate Finance. (2019). South Western Cengage Learning. Brigham, Eugene F., et al. (2019) Essentials of Financial Management. Singapore: Thomson Learning Asia.

Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

Document Code

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 10 of 12

Brigham, Eugene F. and J. F. Houston (2019) Fundamentals of Financial Management. Singapore: Thomson Learning Asia.

Brown, Keith C. and F. K. Reilly. 2014. Analysis of Investment and Management of Portfolios. Cengage Learning Asia Pte Ltd. Cabrera, Ma. Elenita B. and G. A. B. Cabrrera (2019-2020 ed.) Financial Management: Comprehensive Volume. GIC Enterprises & Co., Inc. Philippines. Cabrera, Ma. Elenita B. and G. A. B. Cabrrera (2020 ed.) Financial Markets and Institutions. GIC Enterprises & Co., Inc. Philippines. Ehrhardt, Michael C. and E.F. Brigham (2011). Financial Management: Theory and Practice. South Western Cengage Learning Gitman, L. and C. Zutter. (2012). Principles of Managerial Finance. Prentice Hall Series in Finance, Pearson. Mishkin, Frederic S. (2011). The Economics of Money, Banking and Financial Markets. Pearson Saunders, T. and M. Cornett. (2018). Financial Markets and Institutions. Singapore. McGraw Hill.

COURSE REQUIREMENTS 1. A through researched and written report on assigned topics 2. Reaction papers or written analysis of cases 3. Quizzes, long exams and comprehensive examination 4. Mid-term and final examinations

PERFORMANCE STANDARD (ASSESSMENT CRITERIA) Major Outputs 70% Quizzes 15% Long Exam 25% Comprehensive Exam 20% Class Participation 10% Mid-term Examinations 15% Final Examination 15% Total 100% Disclaimer: Reproduction of this document is allowed subject to compliance to the Documented Information Procedure established by MMSU.

MARIANO MARCOS STATE UNIVERSITY COLLEGE OF BUSINESS, ECONOMICS AND ACCOUNTANCY SYLLABUS IN FM 111 - FINANCIAL MARKETS

COURSE POLICIES

CBEA – ACC –SYL-ACC30

Revision No. Effectivity Date

1 August 2020

Page 11 of 12

Stud...