ECPD International Postgraduate Masters Studies
"INTERNATIONAL FINANCE AND BANKING"
The European Center for Peace and Development (ECPD)
The United Nations University for Peace was established by the Resolution 35/55 of the United Nations General Assembly in 1980. In accordance with its Charter, the University for Peace is “... an international institution of higher education for peace and with the aim of strengthening the spirit of understanding, tolerance and peaceful co-existence
among all peoples, promoting cooperation among nations and contributing to the prevention and peaceful settlement of conflicts, as well as to the development in the world, in the spirit of the Charter of the Organization of the United Nations.
To this end, the United Nations University should contribute to the resolving of the significant universal task of training for peace by engaging in education, research, postgraduate studies and dissemination of knowledge necessary for full development of man’s personality and human societies and by adopting an interdisciplinary approach to
everything that is connected with peace”.
Therefore, the United Nations University for Peace has the legal status necessary for the performance of its tasks and attainment of its aims. It has autonomy and academic freedom as regards its work, in accordance with its humanistic aims and within the scope of the United Nations Charter and Universal Declaration of Human Rights. In that sense, this
“University may associate and conclude agreements with governments, inter-governmental and other organizations, that is, institutions in the field of education, and maintain special relations with the United Nations Educational, Scientific and Cultural Organization (UNESCO), bearing in mind its responsibilities in the field of education”.
CONTENT OF THE MASTERS STUDIES
FINANCIAL ECONOMICS
This course concentrates on the three principal themes: a) the relation between aggregate savings and investment, the relation between financial institutions, and instruments traded in modern financial market, b) globalisation of the world finance, increase in the size of the financial services industry, the trend towards deregulation or liberalisation of the financial sector, c) fusion of economics, finance and elementary statistics to gain an understanding of how the financial realm behave and how to improve the trading strategies.
I. Savings and investment schedule
II. The importance of the flow of funds
III. Markets for financial securities, currencies, equities, bonds, derivatives
IV. Term structure of interest rates
V. The time value of money
VI. The valuation of financial assets
VII. Recent developments in financial economics
VIII. The role of expectations in modern financial analysis