I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.
-
Upload
bruno-mayfield -
Category
Documents
-
view
219 -
download
3
Transcript of I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.
![Page 1: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/1.jpg)
I. BANKOK
23.04.11.1
Overview and Introduction to Financial System
![Page 2: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/2.jpg)
Overview and Introduction to Financial System
• IntroductionCore booksRequirementsPresentation, evaluation
• Overview on the whole financial system
•Historical background of money
![Page 3: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/3.jpg)
INTRODUCTION Course: Introduction to Finance Department: Finance, EII.37 Head of Department.: Dr. Vígvári, András Secretary: Zsuzsanna Rébel EII.37 Subject coordinator teacher: Andrea Vallyon, EII.39;
[email protected], [email protected] Consultations: at EII.39 on Thuesdays at 14.50-16.10 Materials: Sharepoint Pénzügy Tanszék Angol
tagozat Introduction to Finance file & Coospace: Introduction to Finance file
![Page 4: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/4.jpg)
CORE BOOKS Lawrence J. Gitman: Principles of Managerial Finance,
Addison - Wesley 10th Edition
http://wps.aw.com/aw_gitman_pmf_11 Brealey and Myers: Principles of corporate Finance,
West Publishing Companywww.mhhe.com/business/finance
György Székely: The Essence of Money and Banking A Handbook for Financial Managers. KJK-Kerszöv Kft.
2002. Stephen Valdez: An Introduction to Global Financial
Markets, Macmillan Press Ltd.1997
![Page 5: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/5.jpg)
REQUIREMENTS To pass
Successful written exam ( 56 points from 100 points )3 parts:
Test questions ( pre-exam: Dec. 14) Calculations ( Oct. 26) Essay (pre-exam: Dec. 14)
Presentations alternatively (10-15 minutes) in lecture (max. +15 points) – topics are related to lectures’ themes
![Page 6: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/6.jpg)
PRESENTATION
Alternative Could be made in pairs Max 15 minutes, one per
each lecture Hand-out + Power Point Application for
presentation: after the lecture
Topics ( see sharepoint) Evaluation: presentation
skills + hand-out materials
![Page 7: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/7.jpg)
OVERVIEW AND WELCOME!
What does financial system mean in the economy?
What is its task? – determinations Who are the participants? Direct and indirect flow of capital What are the instruments in the financial
markets? Different markets and tasks Investment decision from the private investor’s
place
![Page 8: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/8.jpg)
FINANCIAL SYSTEM
Markets Instruments Rules, acts, regulations Institutes People Techniques Money and capital connections in the
economy
![Page 9: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/9.jpg)
FINANCIAL INSTITUTIONS AND ITS ENVIRONMENT
![Page 10: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/10.jpg)
MONEY SUPPLY AND DEMAND
Borrowers and lenders – supply and demand
Borrowers Individuals Companies Government Public corporations Municipalities
Lenders: individuals (and companies) Deposit in Commercial bank Shareholder Investment funds, mutual funds pension funds Insurrance companies
![Page 11: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/11.jpg)
INTERMEDIARIES
Intermediaries (pénzügyi közvetítők)– financial institutes Investment funds,Mutual fundsPension funds Insurrance companiesCommercial banks
![Page 12: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/12.jpg)
23.04.11.
12
![Page 13: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/13.jpg)
FINANCIAL INSTRUMENTS AND FINANCIAL MARKETS
Securities Freely bought and sold Shares, preference
shares Corporate and
goverment bonds, eurobonds
T-bills certificate of deposit,
commercial papers
Financial markets
- primary
- secondary
![Page 14: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/14.jpg)
INVESTMENT DECISION
Market situation- the pyramid
Instruments as a legal claim (two main types: bond
and share) Participants
( bearish and bullish traders and speculators)
Institutions and regulations
![Page 15: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/15.jpg)
MATERIALS FOR THE TOPIC
Stephen Valdez: An Introduction to Global Financial Markets,Macmillan Press Ltd.1997 – chapter 1
György Székely: The Essence of Money and Banking
A Handbook for Financial Managers. KJK-Kerszöv Kft. 2002.
Lawrence J. Gitman: Principles of Managerial Finance, Addison - Wesley 10th Edition – see sharepoint: CH1:21-28old.
Sharepoint: Keown CH2 Financial markets and interest rates
Lecture 1. ppt.
![Page 16: I. B ANKOK 2014. 07. 25. 1 Overview and Introduction to Financial System.](https://reader036.fdocuments.us/reader036/viewer/2022062511/551a72d2550346b52d8b501a/html5/thumbnails/16.jpg)
THANK YOU