Credit(s):3 Prerequisite(s):MBAA 501, MBAA 502, MBAA 507, MBAA 601, MBAA 602, MBAA 604, ACCT 742 and FINC 701. Study of financial markets as allocators of funds and distributors of risk. Emphasis is given to the roles and functions of financial intermediaries. Theories of financial asset pricing are considered as they help to determine risk and return in competitive markets.