Course # 35310 Certificate Program Finance & Policy Over the past 50 years, the markets for goods and services have become dramatically globalized. The internationalization of financial markets and the liberalization of trade have been critical to this growth. In contrast to a few decades ago, today’s companies manage global supply chains and investment capital moves quickly from market to market. International Trade, Banking and Capital Markets is an introduction to the drivers of and issues behind these changes. It does not assume an extensive knowledge of economics. Topics covered begin with the gains from trade, the domestic instruments of trade policy such as tariffs and treaties, as well as international trade bodies including the World Trade Organization. We will then move on to how trade is conducted between companies in different countries, covering topics such as foreign exchange, trade documentation and instruments used to guarantee payment. The course will then cover aspects of international banking, including the cross-border provision of corporate and investment banking, as well as investment management services. The growth of international banking out of trade finance and the international expansion of domestic businesses will be presented along with the issues these developments created. Finally, this course will acquaint you with modern international capital markets. We will survey global markets for credit, equity, foreign exchange, foreign exchange derivatives, futures, interest rate swaps, credit default swaps and asset backed securities. We will discuss the importance of these markets in supporting the underlying growth in trade and services as well as some of the issues created, e.g., the precipitation of the 1997 East Asian Crisis by developing economies’ increased access to capital markets. Course Sections Quarter Instructor(s) Day(s) Time(s) Spring 2021 David H Schabes Tuesday, Thursday 11:00 AM - 12:20 PM Fall 2020 David H Schabes Tuesday, Thursday 11:20 AM - 12:40 PM Recent News Harris Professors Offer Advice to President Biden Wed., January 20, 2021 Stephanie Arias, Evening Master’s Program, Class of 2021 Wed., January 20, 2021 More news Upcoming Events EMP Admitted Student Virtual Happy Hour Thu., January 21, 2021 | 5:30 PM A link will be sent to registered guests Chicago, IL 60637 United States Evening Master's Program Virtual Lunch Information Session Fri., January 22, 2021 | 12:00 PM A link will be sent to registered guests. Chicago, IL 60637 United States More events
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August 13, 2020 Commentary: Many Students in Developing Countries Cannot Access Education Remotely Read more
August 04, 2020 Juan Carlos Monterrey-Gómez, MAIDP’19 and Obama Foundation Scholar, Tackles Global Climate Challenge Read more