Faculty: INSTITUTE OF GRADUATE PGROGRAMS This major focuses on the study of monetary systems, capital markets, and financial institutions. Students explore key areas such as monetary policy, financial markets, investment analysis, and risk management. The program emphasizes analytical skills, financial theory, and practical applications to understand and navigate the complexities of modern financial systems. Graduates are prepared for careers in central banks, financial institutions, investment firms, and regulatory bodies. **Learning Objectives:** - Understand the fundamentals of monetary systems and capital markets. - Develop skills in analyzing monetary policy, financial markets, and investment strategies. - Learn techniques for evaluating financial instruments, risk management, and portfolio management. - Explore the role of monetary and capital markets in economic stability and growth. - Understand regulatory frameworks and ethical considerations in finance. - Analyze challenges and opportunities in the global financial landscape. - Develop teamwork and problem-solving skills for financial analysis and decision-making. **Major Outline:** 1. **Introduction to Monetary and Capital Markets** - Overview of monetary systems, capital markets, and financial institutions. - Fundamentals of economic theory and financial principles. 2. **Monetary Policy and Central Banking** - Study of monetary policy, including money supply, interest rates, and inflation control. - Techniques for analyzing and implementing monetary policy through central banks. 3. **Financial Markets and Institutions** - Fundamentals of financial markets, including stock markets, bond markets, and derivatives. - Techniques for understanding and navigating financial institutions and market dynamics. 4. **Investment Analysis** - Principles of investment analysis, including valuation methods, portfolio theory, and asset allocation. - Techniques for evaluating investment opportunities and managing investment portfolios. 5. **Risk Management** - Principles of risk management in finance, including hedging, derivatives, and portfolio risk. - Techniques for assessing and mitigating financial risks in investment and trading activities. 6. **International Finance** - Study of international finance, including exchange rates, balance of payments, and global capital flows. - Techniques for evaluating international financial markets and investments. 7. **Regulatory Frameworks and Ethical Considerations** - Understanding regulatory frameworks, financial regulations, and ethical considerations in finance. - Techniques for ensuring compliance with regulatory standards and promoting ethical practices. 8. **Emerging Trends in Monetary and Capital Markets** - Analysis of innovations such as fintech, cryptocurrencies, and sustainable finance. - Techniques for adapting to new trends and technologies in the field. 9. **Capstone Project in Monetary and Capital Markets** - Real-world project to apply learned skills in financial analysis, investment management, or policy-making. - Techniques for delivering a comprehensive solution to financial challenges and opportunities. **Assessment Methods:** - Financial analysis projects, simulations, written assignments, case studies, group projects, and internships. **Recommended Textbooks:** - "Money, Banking, and Financial Markets" by Frederic S. Mishkin. - "Financial Markets and Institutions" by Frederic S. Mishkin and Stanley Eakins. - "Investments" by Zvi Bodie, Alex Kane, and Alan J. Marcus. **Prerequisites:** Basic knowledge of economics, mathematics, and statistics. Suitable for students in economics, finance, banking, and related fields. **Major Duration:** Typically 4 years for a bachelor's degree, including coursework, projects, and internships. Advanced degrees may take additional years. **Certification:** Graduates may receive a degree in Monetary and Capital Markets and pursue professional certifications such as the Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM). **Target Audience:** Aspiring economists, financial analysts, investment managers, and professionals seeking to specialize in monetary policy, capital markets, and financial analysis. This major equips students with the analytical, financial, and practical skills needed to excel in monetary and capital markets, supporting advancements in financial stability, economic growth, and investment management.