Veidlapa Nr. M-3 (8)
Study Course Description
Securities Market. European Experience
Course Code
SZF_098
Branch of Science
-
ECTS
4.00
Target Audience
Business Management
LQF
Level 6
Study Type And Form
Full-Time; Part-Time
Study Course Implementer
Course Supervisor
Anželika Berķe-Berga
Structure Unit Manager
Ieva Puzo
Structural Unit
Faculty of Social Sciences
Contacts
Dzirciema street 16, Rīga, szf@rsu.lv
About Study Course
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.
Preliminary Knowledge
Macroeconomics, Microeconomics, Finance, Business management.
Learning Outcomes
Knowledge
1.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
1.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.
Competences
1.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.
Assessment
Individual work
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Title
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% from total grade
|
Grade
|
|---|---|---|
|
1.
Individual 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.
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Examination
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Examination |
-
|
-
|
|
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%).
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Study Course Theme Plan
FULL-TIME
Part 1
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
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.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Securities market participants. Market infrastructure. Securities market in Europe.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Creasting securities portfolios
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Stock markets, exchanges. Issue of shares. Indexes.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Stock analysis and valuation methods.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Valuation of shares. Analysis of portfolios.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Valuation of shares. Analysis of portfolios.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Debt securities. Credit rating.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Calculation of the value of debt securities. Calculation of yield. Importance of debt securities in the portfolio.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Financial market business game (simulation).
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Investment funds, their types and specifics.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
Off site
|
E-Studies platform
|
2
|
Topics
|
Peculiarities of creating securities portfolios. Theory of portfolios. CAPM.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Securities on EU/EEA exchanges. Creation of investment portfolios, portfolio presentations.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Securities on EU/EEA exchanges. Creation of investment portfolios, portfolio presentations.
|
Total ECTS (Creditpoints):
4.00
Contact hours:
28 Academic Hours
Final Examination:
Exam
PART-TIME
Part 1
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Other
|
2
|
Topics
|
Valuation of shares. Analysis of portfolios.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Other
|
2
|
Topics
|
Securities on EU/EEA exchanges. Creation of investment portfolios, portfolio presentations.
|
Total ECTS (Creditpoints):
4.00
Contact hours:
14 Academic Hours
Final Examination:
Exam
Bibliography
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.