Course Overview
This course provides students with deep practical knowledge of financial markets and institutions. It will develop understanding and appreciation of the direct linkages between theoretical concepts and their real-world applications employed by managers. Students will learn about interest rates, asymmetric information, foreign currencies, hedging financial risks and a range of financial instruments that will prepare them to interact with financial institutions and participate in financial markets.
Prerequisite(s)
- Acceptance into the Bachelor of Business Administration program.
Credits
4.0
Registration requirements
Departmental approval is required to register for this course. You must have approval from the department to register. Students accepted into a program can register directly.
Domestic fees
$945.03
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Illustrate the importance and role of financial markets and institutions in management decision making.
- Assess the general structure, components, the role of risk sharing and asymmetric information in the operation of financial markets and intermediaries, and their role of channeling funds from savers to businesses in domestic and international contexts.
- Calculate and explain the differences among yield to maturity, current yield, rate of return, rate of capital gain, and real and nominal interest rates.
- Evaluate the factors that affect the demand for assets and other factors that affect the equilibrium interest rate in the bond market.
- Analyze three factors that affect the risk structure of interest rates and the three theories of why interest rates differ across the range of maturities.
- Explain the efficient market hypothesis and behavioural finance and how both play a unique role in understanding financial markets.
- Examine the importance of financial intermediates and financial innovations and their impact on the economy.
- Assess the ramifications of global financial crises and event driven recessions and the interplay between governments, institutions, and other market participants.
- Examine the characteristics and calculate the prices of securities in the following markets: money markets, bond markets, stock markets, mortgage markets, and foreign exchange markets.
- Explain the importance and influence of investment banks, brokers and dealers, and venture capital firms on financial markets and other market participants.
- Evaluate the operation of the derivative market and the key instruments used to hedge financial risk faced by businesses and financial institutions including forward contracts, financial futures, options, and swaps.
Effective as of Fall 2021
Related Programs
Applied Capital and Financial Markets (BUSA 7500) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Business + Media
- Bachelor of Business Administration
Bachelor of Business Administration Full-time/Part-time
Course Offerings
Fall 2026
Below is one offering of BUSA 7500 for the Fall 2026 term.
CRN 49098
Dates
Sep 08 - Dec 17 Loading
- CRN 49098
- $945.03 Domestic fees
Class meeting times
Duration
15 weeks
Instructor
Richard Miles
Course outline
Important information
- Enrolment is restricted to students accepted into the Flexible Learning (formerly Part-Time) BBA Degree Program. Registration approval is automatically given upon acceptance into program. This is an online course with no weekly face-to-face with the instructor at any given time. However, assignments will have specific due dates, and the midterm and final exam will be written at the Burnaby Campus on the dates above.
Confirmation
Required
To proceed with registration and add this course to the cart, please confirm:
No approval yet? Request approval You must have approval from the department to register. Students accepted into a program can register directly.
Status
If you have any questions about this course, please contact us.
Programs and courses are subject to change without notice. Find out more about BCIT course cancellations.