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Securities Market. European Experience
Study Course Description
Course Description Statuss:Approved
Course Description Version:1.00
Study Course Accepted:02.04.2024 15:40:05
| Study Course Information | |||||||||
| Course Code: | SZF_098 | LQF level: | Level 6 | ||||||
| Credit Points: | 2.67 | ECTS: | 4.00 | ||||||
| Branch of Science: | Management; Business Management | Target Audience: | Business Management | ||||||
| Study Course Supervisor | |||||||||
| Course Supervisor: | Anželika Berķe-Berga | ||||||||
| Study Course Implementer | |||||||||
| Structural Unit: | Faculty of Social Sciences | ||||||||
| The Head of Structural Unit: | |||||||||
| Contacts: | Dzirciema street 16, Rīga, szf rsu[pnkts]lv | ||||||||
| Study Course Planning | |||||||||
| Full-Time - Semester No.1 | |||||||||
| Lectures (count) | 8 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 16 | ||||
| Classes (count) | 6 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 12 | ||||
| Total Contact Hours | 28 | ||||||||
| Part-Time - Semester No.1 | |||||||||
| Lectures (count) | 4 | Lecture Length (academic hours) | 2 | Total Contact Hours of Lectures | 8 | ||||
| Classes (count) | 3 | Class Length (academic hours) | 2 | Total Contact Hours of Classes | 6 | ||||
| Total Contact Hours | 14 | ||||||||
| Study course description | |||||||||
| Preliminary Knowledge: | Macroeconomics, Microeconomics, Finance, Business management. | ||||||||
| Objective: | Introduce students to financial markets, the concept of the securities market and its economic meaning. The course includes themes about the basic operating principles of financial and securities markets, their structure, types of securities and types of securities markets. | ||||||||
| Topic Layout (Full-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Forms of financing: share financing; internal financing; debt financing and innovative forms of financing. The nature of the financial market and the securities market role. Securities market. Share capital comparison with debt capital. | Lectures | 1.00 | E-Studies platform | |||||
| 2 | Securities market participants. Market infrastructure. Securities market in Europe. | Lectures | 1.00 | E-Studies platform | |||||
| 3 | Creasting securities portfolios | Classes | 1.00 | auditorium | |||||
| 4 | Stock markets, exchanges. Issue of shares. Indexes. | Lectures | 1.00 | E-Studies platform | |||||
| 5 | Stock analysis and valuation methods. | Lectures | 1.00 | E-Studies platform | |||||
| 6 | Valuation of shares. Analysis of portfolios. | Classes | 2.00 | auditorium | |||||
| 7 | Debt securities. Credit rating. | Lectures | 1.00 | E-Studies platform | |||||
| 8 | Calculation of the value of debt securities. Calculation of yield. Importance of debt securities in the portfolio. | Lectures | 1.00 | E-Studies platform | |||||
| 9 | Financial market business game (simulation). | Classes | 1.00 | auditorium | |||||
| 10 | Investment funds, their types and specifics. | Lectures | 1.00 | E-Studies platform | |||||
| 11 | Peculiarities of creating securities portfolios. Theory of portfolios. CAPM. | Lectures | 1.00 | E-Studies platform | |||||
| 12 | Securities on EU/EEA exchanges. Creation of investment portfolios, portfolio presentations. | Classes | 2.00 | auditorium | |||||
| Topic Layout (Part-Time) | |||||||||
| No. | Topic | Type of Implementation | Number | Venue | |||||
| 1 | Forms of financing: share financing; internal financing; debt financing and innovative forms of financing. The nature of the financial market and the securities market role. Securities market. Share capital comparison with debt capital. | Lectures | 0.50 | ||||||
| 2 | Securities market participants. Market infrastructure. Securities market in Europe. | Lectures | 0.50 | E-Studies platform | |||||
| 3 | Creasting securities portfolios | Classes | 0.50 | other | |||||
| 4 | Stock markets, exchanges. Issue of shares. Indexes. | Lectures | 0.50 | E-Studies platform | |||||
| 5 | Stock analysis and valuation methods. | Lectures | 0.50 | E-Studies platform | |||||
| 6 | Valuation of shares. Analysis of portfolios. | Classes | 1.00 | other | |||||
| 7 | Debt securities. Credit rating. | Lectures | 0.50 | E-Studies platform | |||||
| 8 | Calculation of the value of debt securities. Calculation of yield. Importance of debt securities in the portfolio. | Lectures | 0.50 | E-Studies platform | |||||
| 9 | Financial market business game (simulation). | Classes | 0.50 | E-Studies platform | |||||
| 10 | Investment funds, their types and specifics. | Lectures | 0.50 | E-Studies platform | |||||
| 11 | Peculiarities of creating securities portfolios. Theory of portfolios. CAPM. | Lectures | 0.50 | E-Studies platform | |||||
| 12 | Securities on EU/EEA exchanges. Creation of investment portfolios, portfolio presentations. | Classes | 1.00 | other | |||||
| Assessment | |||||||||
| Unaided Work: | Individual work – report (portfolio), summaries (homeworks), presentation. In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal. | ||||||||
| Assessment Criteria: | Accumulated grade and an exam. Percentage of the accumulated grade: attendance of classes (10%); activity in seminars (15%); homeworks (15%); individual work (25%) and exam (35%). | ||||||||
| Final Examination (Full-Time): | Exam | ||||||||
| Final Examination (Part-Time): | Exam | ||||||||
| Learning Outcomes | |||||||||
| Knowledge: | Students gain knowledge about business financing possibilities, financial markets, their infrastructure, types of securities, methods of determining their value and analysing them. Gain understanding about financial and analytical indicators in the securities market, and portfolio construction issues. | ||||||||
| Skills: | Being competent in securities markets and ability to analyse their structure and companies; to understand financial and analytical indicators; gain basic skills in securities trading and financial instrument portfolio building. | ||||||||
| Competencies: | Ability to assess financial and analytical indicators. Ability to make calculations related to securities and to develop investment concepts, to attract financing to a company and to plan a company’s investments into the securities market. | ||||||||
| Bibliography | |||||||||
| No. | Reference | ||||||||
| Required Reading | |||||||||
| 1 | Dempsey M. Investment Analysis: An Introduction to Portfolio Theory and Management. Routledge, 2020 | ||||||||
| 2 | Lindon D. E. Foundations of Investment Management: Mastering Financial Markets, Asset Classes, and Investment Strategies. J. Ross Publishing, 2020 | ||||||||
| 3 | Bodie Z., Kane A., Marcus A. J. Essentials of Investments. 11th Ed. McGraw-Hill Education, 2019 | ||||||||
| 4 | Mishkin F. S., Stanley G. E. Financial Markets and Institutions. 9th ed. Pearson Ed., 2018 | ||||||||
| Additional Reading | |||||||||
| 1 | Introduction to Portfolio Theory | ||||||||
| 2 | Iyiola O., Munirat Y., Nwufo C. I. The Modern Portfolio Theory as an Investment Decision Tool. Journal of Accounting and Taxation, 2012, 19–28. | ||||||||
| Other Information Sources | |||||||||
| 1 | List of European Stock exchanges. | ||||||||
