Courses Master Display 2025-2026

Course Description To PDF
Course title Financial Markets and Institutions (EFR)
Course code EBC4077
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
4 2-2-2026 27-3-2026 X X
Level Advanced
Coordinator Jaap Bos
For more information: j.bos@maastrichtuniversity.nl
Language of instruction English
Goals
This course provides a more formal background to financial system architecture, the industrial organisation of financial institutions and financial system regulation
Description
This course provides an introduction to industrial organization, both theoretical and empirical. Key topics covered are: market design, competition and strategic interaction, asymmetric information and risk preferences. Although we focus content wise on financial institutions and markets, many of the models and theories covered easily extend to other fields, including growth, labor economics, health and innovation economics.
Literature
* Freixas, X and J-C. Rochet (1998). Microeconomics of Banking, Cambridge, Massachusetts, USA: MIT Press;
* Dewatripont, M. and J. Tirole (1995). The Prudential Regulation of Banks. Cambridge, Massachusetts, USA: MIT Press.
* Bikker, J.A., J.W.B. Bos (2008), Bank Performance: A Theoretical and Empirical Framework for the Analysis of Profitability, Competition and Efficiency, Routledge, New York, U.S.A.

Selected Articles
Prerequisites
PREREQUISITES

Only for Research Master and Phd students.

TRANSITIONAL REGULATIONS
  • Master Business Research
  • Master Business Research - Operations Research
  • In 2024-2025 and 2025-2026 education and exam/resit opportunities are offered.
  • In 2026-2027 exam/resit opportunities are offered.
  • From 2027-2028 onwards, the course is cancelled.
Academic YearEducationExam/ResitReplacement(s)
2024-2025 - 2025-2026XX 
2026-2027 X 
2027-2028 onwards   
Teaching methods (indicative; course manual is definitive) PBL / Lecture / Assignment / Papers / Research
Assessment methods (indicative; course manual is definitive) Final Paper / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research - No specialisation In transition - Y2 Free Electives
Master Business Research - Operations Research In transition - Year 1+2 Elective Courses
Master Business Research - Operations Research Transitional Regulation
Master Economic and Financial Research - Econometrics Elective Course(s)
Master Economic and Financial Research - No specialisation Year 1 Core Course(s)
SBE Non Degree Courses Master Courses