[major=BBA_IB | course_id=FIN301 | syllabus_id=13788 | semester=7 | combo=IB_COM4 | title=Financial Markets and Institutions]
Course ID: FIN301
Title EN: Financial Markets and Institutions
Title VI: 
Credits: 3.0
Prerequisites: 
Description: Course is aimed at study of the fundamentals of financial markets and financial instruments, the features of the formation of modern financial markets, on the practical application of financial instruments, the types of financial institutions and their roles and functions in the financial markets

Upon successful completion, students will have the knowledge and skills to:
* demonstrate a working knowledge of financial terms and concepts analyse how financial markets and instruments operate and how they can be used to achieve economic objectives;
* understand and criticaly engage in profits and risks faced by investors and strategies to control these profits and risks;
* demonstrate the ability to think independently, reflectively and analytically for work in regulating the financial sector, financial institutions or various areas of government.

Topics include: Debt, equity, derivative markets, commercial bank, non-bank operation.
Student tasks: 1. Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
2. Actively participate in class activities
3. Fulfill tasks given by instructor after class
4. Use their own laptop in class only for learning purposes
5. Read the textbook in advance
6. Access the course website (http://flm.fpt.edu.vn) for up-to-date information and materials of the course, for online supports from teachers and other students, and for practicing and assessment.
Tools: - Textbook and all learning materials provided on FLM
- Internet
Course type: traditional
Decision: 1402/QĐ-ĐHFPT dated 12/12/2025
Approved date: 2025-12-12
CLO1: Understand the basic functions and structures of the major financial markets and financial institutions
[1] category=Class Participation; type=on-going; weight=10.0; duration=; question_type=; grading_guide=; completion_criteria=; clos=>0
[2] category=Essay test; type=on-going; weight=15.0; duration=In class (45-60 minutes); question_type=CLO2, CLO3, CLO4, CLO5; grading_guide=Cover chapters 3, 6, 7, 10, 12, 13, 14, 15, 16, 19; 23 in form of:
* Only MCQ: 40-50 questions
* Only Critical thinking questions/ Exercises : 4-5 question.
* Mix: 15-20 mcqs + 2-3 critical thinking questions/exercises; completion_criteria=; clos=>0
[3] category=Group Assignment; type=on-going; weight=20.0; duration=OP1: Presentation in class and report submission; OP2: (For Constructivism Approach only): Follow lecturer's proposal; question_type=CLO1, CLO2, CLO3, CLO4; grading_guide=OP1: Thinking creatively, making decisions, solving problems,Personal qualities: Individual responsibility, self-esteem, sociability, self-management, and integrity.
OP2: (For Constructivism Approach only): Follow lecturer's proposal; completion_criteria=; clos=>0
[4] category=Midterm Test (MT); type=on-going; weight=15.0; duration=In class (45-60 minutes); question_type=CLO1, CLO2, CLO3, CLO4, CLO5; grading_guide=Chapters covered are 1, 2, 3, 6, 7, 10, 12, 13, 14. There are at least 2 multiple choice questions on each chapter.; completion_criteria=; clos=>0
[5] category=Progress Test; type=on-going; weight=10.0; duration=OP1: In class (30-40 minutes);
OP2 (For Constructivism Approach only): Follow lecturer's proposal; question_type=CLO1, CLO2, CLO3, CLO4; grading_guide=Integration of studied knowledge and skills; completion_criteria=; clos=>0
[6] category=Final Exam; type=Final exam; weight=30.0; duration=60 minutes; question_type=CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; grading_guide=there are 2-3 MC questions on each of the chapters 1, 2, 3, 6, 7, 10, 12, 13, 14, 15, 16, 17, 19, 23.Chapters 21, 22, 24, 25 are not tested.; completion_criteria=; clos=4
[1] desc=Financial Institutions and Markets; author=Jeff Madura; publisher=South-Western Cengage Learning; edition=13th; isbn=9789814922807; main=True; online=; note=Chọn một trong 3 ấn bản. Ưu tiên mua ấn bản mới nhất
[2] desc=Financial Institutions and Markets; author=Madura, Jeff; publisher=South-Western Cengage Learning; edition=10th; isbn=978-0-538-48217-2; main=True; online=; note=
[3] desc=Financial Institutions and Markets; author=Madura, Jeff; publisher=South-Western Cengage Learning; edition=9th; isbn=978-1-4390-3887-1; main=True; online=; note=
[4] desc=An Introduction to Financial Markets: A Quantitative Approach; author=Brandimarte P; publisher=Wiley; edition=; isbn=9781118014776; main=; online=True; note=Wiley - Vital Source
Session 1: -Course Overview
-Introduction to AI Integration
-Chapter 1: The Role of Financial Markets and Institutions
Role of financial markets
Securities traded in financial markets
Topic: Offline; Teaching type: CLO1; LO: IT
ITU: Book, Slides
Materials: Slides Chapter 1,2,3,6,7
Tasks: https://drive.google.com/drive/folders/1VUNGwtIwrKysmmEZ1q866Fv7NJEfAzwW?usp=sharing
Download: Self review, additional reading following chapter

Session 2: Chapter 1: The Role of Financial Markets and Institutions (cont')
Role of financial institutions
Systemic Risk among Financial Institutions
Topic: Offline; Teaching type: CLO1; LO: T
ITU: Book, Slides
Materials: Slides Chapter 10,12,13,14,15
Download: Self review, additional reading following chapter

Session 3: Chapter 2: Interest Rate Determination
Loanable funds theory
Factors that affect interest rates
Forecasting interest rates

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2; LO: T, U
ITU: Book, Slides
Materials: Slides Chapter 16,17,19,21,22
Download: Self review, additional reading following chapter

Session 4: Chapter 2: Interest Rate Determination (cont')
Loanable funds theory
Factors that affect interest rates
Forecasting interest rates

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2; LO: T, U
ITU: Book, Slides
Materials: Slides Chapter 23,24,25
Download: Do homework, self review, additional reading following chapter
CLO2: Understand the simple models for determining the pricing and behavior of interest rate, foreign exchange, securities, derivatives
Session 1: Chapter 3: Interest Rate Structure
Why debt security yields vary
Modeling the Yield to be Offered on a Debt Security
Topic: Offline; Teaching type: CLO2; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 3: Interest Rate Structure (cont')
A closer look at the term structure

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Group Assignment Guidelines
Topic: Offline; Teaching type: CLO6, CLO7; LO: U
ITU: 
Download: Create groups
Read assignment instruction

Session 4: Chapter 6: Money Markets
Money market securities
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
CLO3: Understand the key role of central bank plays in the financial systems and how does central bank conduct monetary policy
Session 1: Chapter 6: Money Markets (cont')
Money market securities
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 6: Money Markets (cont')
Institutional use of money markets
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 6: Money Markets (cont')
Globalization of money markets
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 6: Money Markets (cont')
Point counter-point: Should Firms Invest in Money Market Securities?

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO3; LO: U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
CLO4: Understand the regulatory and risk management issues of financial institutions
Session 1: Chapter 7: Bond Markets
Background on bonds
Treasury and federal agency bonds
Municipal bonds

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 7: Bond Markets (cont')
Corporate bonds
Globalization of Bond and Loan Markets
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 7: Bond Markets (cont')
Other types of long-term debt securities
Point counter-point: Should Financial institutions invest in junk bonds?

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO3; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Progress Test 1 (Chapters 1, 2, 3, 6) - Review
Topic: Offline; Teaching type: ; LO: 
ITU: Book, Slides
Download: Review all covered chapters
CLO5: Analyze and evaluate the current financial market news and issues and their implications
Session 1: Chapter 10: Stock Offerings and Investor Monitoring
Private equity
Public equity
Initial public offerings
Topic: Offline; Teaching type: CLO4; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 10: Stock Offerings and Investor Monitoring (cont')
Stock offerings and repurchases
Stock exchanges
Monitoring publicly traded companies
Market for corporate control
Globalization of stock markets

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 12: Market Microstructure and Strategies
Stock market transactions
How stock transactions are executed
Topic: Offline; Teaching type: CLO4; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 12: Market Microstructure and Strategies (cont')
High Frequency Trading
Regulation of stock trading
Trading international stocks

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
CLO6: Demonstrate the ability to produce a clear oral report and/or academic written report and deliver presentations on topics related to financial markets and institutions
Session 1: Progress Review & Practice
[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 2: Chapter 13: Financial Futures Markets
Background on financial futures
Interest rate futures contracts

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 13: Financial Futures Markets (cont')
Background on financial futures
Interest rate futures contracts

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 13: Financial Futures Markets (cont')
Stock index futures
Single stock futures

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
CLO7: Practice ability to work as part of an effective team to prepare report and presentation
Session 1: Chapter 13: Financial Futures Markets (cont')
Stock index futures
Single stock futures

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 13: Financial Futures Markets (cont')
Risk of trading futures contracts
Globalization of futures markets

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 13: Financial Futures Markets (cont')
Risk of trading futures contracts
Globalization of futures markets

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 14: Options Markets
Background on options
Determinants of stock option premiums
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
Session 1: Chapter 14: Options Markets (cont')
Speculating with stock options

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 14: Options Markets (cont')
Hedging with stock options
Options on ETFs and stock indexes

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 14: Options Markets (cont')
Options on futures contracts
Options as executive compensation
Globalization of options markets

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Progress Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion
Session 1: Progress Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: https://flm.fpt.edu.vn/gui/role/student/Discuss solutions of provided exercises/case study/topic for discussion

Session 2: Midterm Test (Chapters 1, 2, 3, 6, 7, 10, 12, 13, 14) – Review
Topic: Offline; Teaching type: CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 3: Midterm Test (Chapters 1, 2, 3, 6, 7, 10, 12, 13, 14) – Review
Topic: Offline; Teaching type: CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 4: Assignment Discussion
Topic: Offline; Teaching type: CLO6, CLO7; LO: U
ITU: Book, Slides
Download: Report assignment progress
Prepare questions relating to assignment for discussion
Session 1: Chapter 15: Interest Rate Derivative Markets
Background
Type of interest rate swaps
Risks of interest rate swaps
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 15: Interest Rate Derivative Markets (cont')
Pricing interest rate swaps
Performance of interest rate swaps

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 15: Interest Rate Derivative Markets (cont')
Interest rate caps, floors, and collars
Credit default swaps
Globalization of swap markets

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 16: Foreign Exchange Derivative Markets
Foreign Exchange Markets and Systems
Factors affecting exchange rates
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
Session 1: Chapter 16: Foreign Exchange Derivative Markets (cont')
Foreign Exchange Markets and Systems
Factors affecting exchange rates
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 16: Foreign Exchange Derivative Markets (cont')
Forecasting exchange rates
Foreign exchange derivatives

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 16: Foreign Exchange Derivative Markets (cont')
Forecasting exchange rates
Foreign exchange derivatives

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 16: Foreign Exchange Derivative Markets (cont')
International arbitrage
Topic: Offline; Teaching type: CLO2, CLO5; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
Session 1: Chapter 16: Foreign Exchange Derivative Markets (cont')
International arbitrage

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO2, CLO5; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 17: Commercial Bank Operations
Background on commercial banks
Bank sources of funds
Topic: Offline; Teaching type: CLO3; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 17: Commercial Bank Operations (cont')
Uses of funds by banks
Off-balance sheet activities
International banking
Topic: Offline; Teaching type: CLO3; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Submission of Assignment - Review
Topic: Offline; Teaching type: ; LO: U
ITU: 
Download: Submiss assignment on time and align with instruction
Session 1: Chapter 19: Bank Management
Bank goals, strategy, and governance
Managing liquidity
Managing interest rate risk
Managing credit risk
Managing market risk

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 19: Bank Management (cont')
Integrated bank management
Managing risk of international operations

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 3: Chapter 19: Bank Management (cont')
Integrated bank management
Managing risk of international operations

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 4: Chapter 23: Mutual Fund Operations
Background on mutual funds
Mutual fund categories
Performance of mutual funds
Money market funds
Other types of funds

[Practice: 1 period(s)]
Topic: Offline; Teaching type: CLO4; LO: T, U
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter
Session 1: Chapter 21: Thrift Operations
Background on savings institutions
Sources and uses of funds
Credit Unions

Chapter 22: Finance Operations
Types of finance companies
Sources and uses of funds
Topic: Offline; Teaching type: CLO4; LO: T
ITU: Book, Slides
Download: Do homework, self review, additional reading following chapter

Session 2: Chapter 24: Securities Operations
Functions of securities firms

Chapter 25: Insurance and Pension Fund Operations
Background
Life insurance operations
Other types of insurance operations
Background on pension funds
Pension fund management
Topic: Offline; Teaching type: CLO4; LO: T
ITU: Book, Slides
Download: Do homework, self review

Session 3: Essay test
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Download: Review all covered chapters

Session 4: Essay test - Review
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5; LO: U
ITU: Book, Slides
Session 1: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; LO: U
ITU: Book, Slides, Group Reports and Slides
Download: Review all covered chapters

Session 2: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; LO: U
ITU: Book, Slides, Group Reports and Slides
Download: Review all covered chapters

Session 3: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; LO: U
ITU: Book, Slides, Group Reports and Slides
Download: Review all covered chapters

Session 4: Course Review & Practice
[Practice: 2 period(s)]
Topic: Offline; Teaching type: CLO1, CLO2, CLO3, CLO4, CLO5, CLO6; LO: U
ITU: Book, Slides, Group Reports and Slides
Download: Review all covered chapters