TRANSFORMATION
OF THE FINANCIAL
SYSTEM
COURSE OUTLINE
AND REQUIREMENTS
Lecturers
• Dagmar Linnertová
•  E-mail: Dagmar.Linnertova@seznam.cz
•  Office hours: Wednesday 9.00 - 10.00
• Oleg Deev
•  E-mail: oleg@mail.muni.cz
•  Office hours: Wednesday 10.00 – 11.00
• You could find us at the Faculty of Economics and
Administration, Department of Finance, Office
#533 (5th floor)
Course objectives
•  To acquaint with the concept of financial system, the necessity
and importance of financial transformation in the chosen
emerging countries
•  To understand the possibility of transformation process of the
financial system to affect economic development
•  To examine current issues and developments influencing
financial sector of the economy from the historical perspective
•  To identify the causes and consequences of the 2007-2010
global financial crisis
•  To understand advantages and disadvantages of the
transformation process in the chosen emerging countries
•  To interpret the operation of actual financial markets in the
economy and current policy debates
Subjects of the discussion
• Global financial system
• Financial system and economy of
the Czech Republic
• Financial system and economy of
the People’s Republic of China
• Financial system and economy of
the Russian Federation
Course Information
• 13 topics
• Autumn semester of 2012 – only 11
meetings
• Outline of the lectures would be available in
the Study Materials
• For the topics 2-7 additional readings will
be announced at the end of each lecture
Course completion
• Essay on the specific topic –
obligatory (up to 10 grade points)
• Active participation in discussions –
optional (up to 10 grade points)
• Written exam – test of 20 questions or
problems with multiple choices (up to
20 grade points)
Essay
•  Specific topics (list of topics is available in the IS)
•  Essay should be registered in the IS (Student → Enroll in a topic/variant
listed under the package of topics → BPF_TFSC ESSAYS)
•  Express your own opinions and thoughts, based on facts or
supported by experts’ opinions
•  Quotations are obligatory and should be integrated into writing
•  One page long (longer essays will be penalized)
•  Paragraphs (introduction, general discussion, conclusions)
•  Faculty’s official formatting requirements (Times New Roman, font size of
12 points, 1.5 spacing between the lines, heading with student’s name,
UČO and topic)
•  List of references (might be put on the second page; use
generator.citace.com for its compilation)
•  Deadline – November 19th, 2012
•  Upload via Information System (Course Materials →
Transformation of the Financial System → Depository)
Grading
•  The grades points are given for an essay, lecture
participation and correct answers in the exam
A = 28-30
B = 26-27
C = 23-25
D = 21-22
E = 18-20
F = below 18
•  Plus/minus grading at student’s request will not be used in
this course