Course Overview
Emphasizes the economic way of thinking by developing a unifying framework to study money, banking and financial markets. This analytic framework uses a few basic economic concepts to organize your thinking about the determination of asset prices, the structure of financial markets, bank management and the role of money in the economy.
Domestic fees
$868.85
International fees are typically 3.4 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Learning Outcomes
Upon successful completion, the student will be able to:
- Justify why financial intermediaries exist, and assess the role of transaction costs and informational asymmetry in financial systems.
- Outline why the relative importance of financial intermediaries and financial markets is different around the world, and how bank-based systems differ from market-based systems.
- Analyse how risks affects the return of a risky asset, and hence how risk affects the value of the asset in equilibrium under the fundamental asset pricing paradigms.
- Assess whether stock prices reflect all available information, and evaluate the empirical evidence on informational efficiency in financial markets.
- Evaluate the main types of risks faced by banks, and use the main techniques employed by banks to manage their risks.
- Categorize the key reasons for and against the regulation of banking systems, and evaluate why banks need regulation.
- Compare the differences between fixed and flexible exchange rates and the consequences on the workings of monetary policy.
- Evaluate the effects of monetary policy in different exchange rate regimes.
- Assess the main channels of the monetary transmission mechanism, through which monetary policy have real effects on the economy.
Effective as of Winter 2012
Related Programs
Money and Banking (FMGT 4570) is offered as a part of the following programs:
- Indicates programs accepting international students.
School of Business + Media
- Financial Management (Finance Option)
Certificate Part-time
Course Offerings
Fall 2026
Below is one offering of FMGT 4570 for the Fall 2026 term.
CRN 33619
Dates
Sep 01 - Dec 08 Loading
- CRN 33619
- $868.85 Domestic fees
Class meeting times
Duration
15 weeks
Instructor
William Shen
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- The following dates will be HELD IN-PERSON at the Burnaby Campus and are MANDATORY. Mid-Term: Tuesday, October 13, 2026 ( 18:00 - 22:00) and Final: Tuesday, December 8, 2026 (18:00 -22:00) This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Confirmation
Required
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Status
If you have any questions about this course, please contact us.
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