Equipping students with the ability to comprehend the structure and dimensions of financial globalization, analyze risk elements emerging in global financial markets, and evaluate financial instruments and crisis management approaches developed against these risks. The course provides students with advanced theoretical and analytical skills to interpret how money, securities, and derivative markets operate on a global scale; to assess the opportunities and threats brought by globalization in these markets; and to understand the causes, consequences, and hedging techniques of financial crises.

This course provides a theoretical framework for understanding the fundamental concepts, historical development, and dimensions of financial globalization. It examines the economic, political, and technological conditions that shape globalization and evaluates its impact on international money markets, securities markets, and derivative markets. The advantages and disadvantages of financial globalization are analyzed within the context of financial market integration. In addition, the course explores the various types of risks arising from globalization, their global implications, and their potential to trigger financial crises. Approaches to risk management and hedging techniques used to mitigate financial risks in global markets are discussed from both theoretical and practical perspectives. Case studies of past financial crises, with a particular focus on banking crises, are examined to provide applied insights.