The course analyses the main drivers of change in the banking sector (globalisation, privatisation, changes in regulation, technology, changes in customer behaviors) and their impacts both on competition and market structure and on bank's financial performance. After, the possibile responses to the competitive pressures are examined: strategic planning process, governance, business model, corporate and competitive strategy, organisational models, marketing policies, performance measurement and evaluation systems, internal control systems. A specific focus is given to risk management and capital management.
The course analyses the main drivers of change in the banking sector (globalisation, regulation, technology, changing in customers’ behaviour, ESG) and their impacts both on competition and market’s structure and on banks’ economic equilibria. After, the possible responses to the competitive pressures are examined: strategic planning processes, business models (value based opposite to stakeholder oriented), corporate and competitive strategies, organisational models, marketing policies, performance measurement and evaluation systems, capital allocation systems, risk management systems, internal control systems
The course aims at giving the students theoretical and practical knowledge about managerial and governance functions in banking. The studenst wil learn the framework to interpretate environmental trends, their impact on bank performance, the most appropriate strategic and organisational reactions. By analyzing case studies, students will also improve their problem solving capabilities.
Basic knowledge about the banking sector and the management of banks (lending, funding, risks, accounting, regulation...)
Lessons by the teacher and by practitioners, case studies, reading of the textbooks.
Megatrend and drivers of change: globalisation, regulation, privatisation, technology, changing in customers’ behaviour, ESG Their impacts on: i) competition and market’s structure; ii) financial performance The strategic planning process: elements, phases, actors, content, evolution A framework for strategy formulation: corporate, competitive and functional strategies Business models in banking: importance, taxonomy, innovation Shareholder management (value based management) versus stakeholder management (ESG) Analysis of case studies
Marketing policies and new frontiers in customer management (customer journey, big data and analytics) Performance measurement and evaluation systems Risk management and capital management systems Internal control systems
A.Resti-A.Sironi, Risk management and shareholders’ value in banking, Wiley, 2007, Part V and VI
Ricevimento: MARCO DI ANTONIO The teacher meets the students before and after the lessons or, by request, on Teams
MARCO DI ANTONIO (President)
FRANCESCA QUERCI
The course starts in february 2024 and ends in may 2024
Written examination; in english
Written examination, in english
