UNIVERSITY OF TENNESSEE - MARTIN
INT'L BUSINESS, FINANCE, ECONOMICS AND MARKITING
SCHOOL OF BUSINESS ADMINISTRATION
Dr. Mahmoud M. Haddad
The study of finance dose not seem to require any specialized gifts of an unusually high order. Is it not, intellectually regarded, a very easy subject compared with the higher branches of philosophy or pure science? An easy subject, at which very few excel! --John Maynard Keynes
This course will focus on analysis of American financial system, description and history of
American financial cycles, theories and history of interest rates, fixed income markets, equity
markets, and international financial markets. It will focus on commercial bank management.
1. The Wall Street Journal-Required
There will be several case studies assigned. Due dates, etc. will be forthcoming. The cases will
be applications of the concepts and techniques covered in the course.
No incomplete will be given except under the most extreme circumstances.
The letter grades will
be assigned on a 90-80-70 scale.
Note: The lecture will emphasize the most important and/or
difficult material. The lectures will
complement the supplement text material. Appendices will be covered unless otherwise specified.
There will be two exams consisting of problems and short answer essay questions. The dates for the exams will be determained at a later date; the exact chapters to be covered on each exam may vary from those listed on the course outline. Material for the exams will come from the text and class material. The exam problems will be similar to the problems covered in class. The final exam will cover the last one half of the class material and the text chapters as well as selected topics from the first and second exams.
Students are required to complete and turn in one project during the term. This project is designed to give students some experience in applying material covered in class. Exact assignments and due dates will be announced during the semester. The project must be typed and double spaced. Handwritten projects will not be accepted. Every two weeks students will turn in a one page summary of the current financial market conditions (from the Wall Street Journal.). Late projects will be reduced in grade. Details will be given during the semester.
Letter grades will be assigned based on the weighted average of the scores for exams and projects using the following weights:
The scores will be averaged based on the following weights:
Class participation 10%
If an exam must be missed, the student must give notice prior to the
exam. The weight of the missed exam will be added to the weight of the
final exam. Any exam missed without notice before the exam date will receive
a score of zero and the student will receive a failing grade for the course.
There will be no extra credit projects. There will be no incomplete given
(except under the most severe circumstances.)
Tentative Course Schedule
Capital Markets: Institutions and Instruments
Frank Fabozzi and Franco Modigliani