This course covers the functions of the financial systems; Flow –of-funds in the economy; Financial Markets, Short-term Money Markets; Securities Markets; The creation and expansion of credit. Evaluating Financial Investments. Fixed Interest Bonds and their valuation; Share valuation and cost of equity as well as impact of institutional investments.  Insurance, Deposit taking and other Financial Institutions, Financial Markets in Rwanda and in  East Africa, New Developments in Financial Markets as Well as financial services