Syllabus data

Teacher name ： Natsumi OCHIAI
Course Title
Money and Finance
Course Title in English
Money and Finance
Course Type
Major Courses
ー
Eligible Students
School of Economics and Management
Target Grade
2Year
Course Numbering Code
KCCBG2MCA1
Credits
2.00Credits
The course numbering code represents the faculty managing the subject, the department of the target students, and the education category (liberal arts / specialized course). For detailed information, please download the separate manual from the upper right 'question mark'.
Type of Class
講義 (Lecture)
Eligible Year/Semester
Spring semester 2026
(Spring semester)
Instructor
Natsumi OCHIAI
Affiliation
国際商経学部
Language of Instruction
English
Related SDGs
8
Office Hours and Location
In the classroom after class
Contact
ochiai@em.u-hyogo.ac.jp

Corresponding Diploma Policy
A double circle indicates the most relevant DP number and a circle indicates the associated DP.
Corresponding Undergraduate School DP
1〇／3〇
Corresponding Graduate School DP
ー
Corresponding University-Wide DP
N/a
Academic Goals of Teacher Training Course
ー

Course Objectives and Learning Outcome
This course introduces students to the basic theory of financial institutions and financial systems. Among the topics covered are the nature of financial institutions and financial markets, financial instruments and derivatives, financial crisis and financial regulation.
By the end of this course, students will have a good knowledge of theory of financial systems and obtain a perspective to consider actual financial markets.
Subtitle and Keywords of the Class
Keywords: Future Value and Present Value, NPV, Portfolio Selection, Diversification, CAPM, Financial Crisis
Course Overview and Schedule
Ⅰ. Course Contents:
Students will learn what is money and financial systems, what is banking and risk management in financial institutions, what is financial instruments and derivatives, why financial crisis happened.

Ⅱ. Course Schedule:
  1. Introduction
  2. Computation of Interest Rates
  3. Future Value and Present Value
  4. NPV and IRR
  5. Bonds
  6. Stocks
  7. The Basics of Probability Theory
  8. The Theory of Portfolio Selection 1
  9. The Theory of Portfolio Selection2
  10. CAPM 1
  11. CAPM2
  12. Derivatives (Futures, Swaps, Options)
  13. Financial Crisis
  14. Risk Managements
  15. Course Review
Final Examination
In-person/Remote Classification
In-person
Implementation Method and Remote Credit Limit Application
This course is conducted exclusively as in-person classes and is not subject to the cap on remote course credits.
Uses of Generative AI
Limited permission for use
Precautions for using Generative AI
When using generative AI, students must adhere to the guidelines outlined in the document “Handling Generative AI in University Education (For Students).”
This course prioritizes “understanding assumptions and interpreting results” over merely “performing calculations.” Therefore, while the use of generative AI itself is not prohibited, its use must be strictly limited to supporting learning. Specifically, its use is permitted for assisting in understanding mathematical models or concepts, or for aiding in reading academic literature. However, directly having generative AI create answers, calculation processes, or analyses for assignments or reports, and submitting them as is, will be considered academic misconduct. This may result in the non-award of credits or the revocation of credits already awarded. If generative AI is used, clearly state its usage. The final explanations and conclusions must always be based on your own understanding.
Textbook
No textbook is required.
References
Frederic, Mishkin (2018). The Economics of Money, Banking, and Financial Markets, 12th Edition (Global Edition). Pearson.
John, Hull (2016). Fundamentals of Futures and Options Markets, 9th Edition. Pearson.
Contents and Estimated Time for Pre- and Post- Learning (Preparation and Review)
  • Prepare the relevant part of the textbook (15h)
  • Review after the class to understand the contents of lecture (30h)
  • Create a report (15h)
Contents of Active Learning
No apply.
Grading Criteria and Methods
Assignments: 50%
Final Exam: 50%
How to Disclose Assignments and Exam Results
I am going to give a feedback on a report while introducing an excellent report in the lecture. The results of the final exam are given as feedback in the instructor comment section of the class evaluation questionnaire.
Precautions and Requirements for Course Registration
The topics in this course are subject to change as necessary.
Practical Education
Does not apply.
Remarks
In cases where any differences arise between the English version and the original Japanese version, the Japanese version shall prevail as the official authoritative version.