Prerequisite: 6400:371- Business Finance

Course Description:

Studies flow of funds. Analyzes major financial intermediaries. Money and capital markets reviewed with emphasis on interest rates and their impact upon administration of specific financial institutions.

1) Jeff Madura, Financial Markets and Institutions, 6th Ed., South-Western, 2002. (Bookstore.)
2) The Wall Street Journal.(Available from Dr. Durst)
3) Every student should have a Zipnet ID to access their email correspondence and my WWW Homepage.

1) Study Guide, Financial Markets and Instutions, 6th ed.

A= 90-100%
B=80-89%
C=70-79%
D=65-69%
F=<65%

2 Interim Exams* 40%
Final Comprehensive Exam 25%
Research Paper 15%
Attendance, Class Participation, Written Assignments 20%

You are expected to attend every scheduled class, to be prepared for class, and to participate in the classroom discussion. If you cannot attend class, please call the office or send me an email at ddurst@uakron.edu.

*Exams may be objective (true/false and multiple choice, etc.). problems, and essays. Make-up exams are given only in special cases where arranged with the instructor prior to the scheduled exam. The exams are closely related to class presentations and the textbook.

Professor Durst will approve withdrawals until the end of the 8th week of this course. No Withdrawals will be approved after the 8th week of the term or after the second exam. All withdrawal forms must be processed through the Registrar's Office immediately.

It is important to have a calculator which will calculate bond yields, such as the BA-II Plus, or Sharp EL 733, or HP 10-B II.