Syllabus

Ternopil Ivan Puluj National Technical University

Каф. менеджменту та адміністрування

Market infrastructure

syllabus

1. Educational programs for which discipline is mandatory:

# Educational stage Broad field Major Educational program Course(s) Semester(s)
1 bachelor's 7. Управління та адміністрування 073. Менеджмент (бакалавр) 4 8

2. The course is offered as elective for all levels of higher education and all educational programs.

3. Information about the author of the course

Full name Машлій Галина Богданівна
Academic degree PhD
Academic title Assoc. Prof.
Link to the teacher`s page on the official website of the department
Е-mail (in the domain tntu.edu.ua)

4. Information about the course

Study hours structure Lectures: 32
Practical classes: 16
Laboratory classes: 0

Amount of hours for individual work: 72
ECTS credits: 4
Teaching language english
Form of final examination credit
Link to an electronic course on the e-learning platform of the university https://dl.tntu.edu.ua/bounce.php?course=5491

5. Program of discipline

Description of academic discipline, its goals, subject of study and learning outcomes

Goal of the “Market infrastructure” is to provide students with deep and comprehensive understandings of the market infrastructure institutions and their activities in the developed countries, the main directions for domestic market improvement and economic reforms.
Learning objectives: to familiarize the student with the basic concepts of of the functioning of market infrastructures, to be able to perform various types of market transactions involving institutions of market infrastructure in accordance with the objectives; to possess the practical skills in the management of market infrastructures, to calculate the financial results of transactions concluded with the participation of market infrastructures. to make managerial decisions and develop different strategies for financial and other markets.

The place of academic discipline in the structural and logical scheme of study according to the educational program

Prerequisites. List of disciplines, or knowledge and skills, possession of which students needed (training requirements) for successful discipline assimilation

Fundamentals of management, economic theory

Contents of the academic discipline

Lectures (titles/topics)

The essence, structure and the mechanism of market functioning and its infrastructure
Fundamentals of the functioning of goods market infrastructure.
Auctions
Fairs as institutions of the goods market
Commodity exchange activities
Trading houses and chambers of commerce and industry.
Warehousing and transport infrastructure.
Financial market infrastructure.
Banks as leading financial mediators. Non-bank financial institutions.
Іnfrastructure of innovation and information markets.

Practical classes (topics)

The essence, structure and the mechanism of market functioning and its infrastructure
Fundamentals of the functioning of goods market infrastructure.
Auctions
Fairs as institutions of the goods market
Commodity exchange activities
Trading houses and chambers of commerce and industry.
Warehousing and transport infrastructure.
Financial market infrastructure.
Banks as leading financial mediators. Non-bank financial institutions.
Іnfrastructure of innovation and information markets.

Learning materials and resources

1. Martin Diehl (2016). Analyzing the Economics of Financial Market Infrastructures. 1st Edition. Business Science Reference.
2. Lee, Ruben (2011). Running the World's Markets: The Governance of Financial Infrastructure. Oxfordshire.
3. Principles for financial market infrastructures (2012). Bank for International Settlements and International Organization of Securities Commissions. - Access mode: http://www.bis.org/cpmi/publ/d101a.pdf
4. Geman, Helyette. Commodities and Commodity Derivatives: Modeling and Pricing for Agriculturals, Metals and Energy. 1st Edition. 416 р.
5. Principles for financial market infrastructures - Access mode: https://www.cls-group.com/About/CG/Documents/PFMI%%20Disclosure%%20Framework%%202014.pdf
6. Schofield, Neil C. (2015). Commodity Derivatives: Markets and Applications.
7. Hull, John C. Options. (2016). Futures, and Other Derivatives. 9th Edition.

6. Policies and assessment process of the academic discipline

Assessment methods and rating system of learning results assessment

The components of the assessment process are student activity in practical classes during the semester, the results of tests on final modules, the results of independent work.
Assessment criteria:
Module 1 - 40
Module 2 - 35
Credit test – 25


Table of assessment scores:

Assessment scale
VNZ
(100 points)
National
(4 points)
ECTS
90-100 Excellent А
82-89 Good B
75-81 C
67-74 Fair D
60-66 E
35-59 Poor FX
1-34 F
Approved by the department
(protocol №
on «
»
y.).