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CODE 66704
ACADEMIC YEAR 2018/2019
CREDITS
SCIENTIFIC DISCIPLINARY SECTOR SECS-P/11
LANGUAGE Italian
TEACHING LOCATION
  • GENOVA
SEMESTER 2° Semester
SECTIONING Questo insegnamento è diviso nelle seguenti frazioni:
  • A
  • B
    		•
    PREREQUISITES
    Propedeuticità in ingresso
    Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami:
    • Business Administration 8697 (coorte 2017/2018)
    • BUSINESS ADMINISTRATION 41125 2017
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    Course description

    The course examines the instruments and institutions that make up the financial system of the modern economy, such as bonds, stocks, derivatives, and the money market, as well as the role of banks in deposit and credit creation, insurance companies, asset management companies, etc.. Along the way, standard concepts and tools of financial analysis are covered, including the risk-return trade-off , the evaluation of financial instruments, the diversification of risk.

     

    AIMS AND CONTENT

    LEARNING OUTCOMES

    The course introduces to the knowledge of financial intermediaries, covering the following issues: role of financial intermediation in the economic system, economic functions of financial intermediaries, theory of financial intermediation, regulation and supervision, financial intermediaries’ income statement and balance sheet, financial intermediaries’ risks, financial instruments, organisation of financial markets.

    AIMS AND LEARNING OUTCOMES

    The course examines the instruments and institutions that make up the financial system of the modern economy, such as bonds, stocks, derivatives, and the money market, as well as the role of banks in deposit and credit creation, insurance companies, asset management companies, etc.. Along the way, standard concepts and tools of financial analysis are covered, including the risk-return trade-off , the evaluation of financial instruments, the diversification of risk.

    TEACHING METHODS

    Lectures and seminars

    SYLLABUS/CONTENT

    • INTRODUCTION AND OVERVIEW OF FINANCIAL MARKETS
    • SECURITIES MARKETS
      • Money Markets
      • Bond Markets
      • Mortgage Markets
      • Stock Markets
      • Foreign Exchange Markets
      • Derivative Securities Markets
    • COMMERCIAL BANKS
      • Commercial Banks: Industry Overview
      • Commercial Banks’ Financial Statements and Analysis
      • Regulation of Commercial Banks
    • OTHER FINANCIAL INSTITUTIONS
      • Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies
      • Insurance Companies
      • Securities Firms and Investment Banks
      • Investment Companies
      • Pension Funds
    • RISK MANAGEMENT IN FINANCIAL INSTITUTIONS
      • Types of Risks Incurred by Financial Institutions
      • Managing Credit Risk on the Balance Sheet
      • Managing Liquidity Risk on the Balance Sheet
      • Managing Interest Rate Risk and Insolvency Risk on the Balance Sheet
      • Managing Risk off the Balance Sheet with Derivative Securities
      • Managing Risk off the Balance Sheet with Loan Sales and Securitization

     

    RECOMMENDED READING/BIBLIOGRAPHY

    Anthony Saunders and Marcia Cornett, (2018), "Financial Markets and Institutions", Mc-Graw-Hill, 7th Edition.ns, MCGraw- Hill, 2015, 6th edition.

     

    TEACHERS AND EXAM BOARD

    Exam Board

    FRANCESCA QUERCI (President)

    BARBARA ALEMANNI

    MARCO DI ANTONIO

    LAURA NIERI

    LESSONS

    LESSONS START

    Sem: II

     

    EXAMS

    EXAM DESCRIPTION

    Written examination, in English.

    ASSESSMENT METHODS

    The students who fail the exam can repeat it with no limitations.

     

    Exam schedule

    Data appello Orario Luogo Degree type Note
    11/01/2019 10:30 GENOVA Scritto
    24/01/2019 10:30 GENOVA Scritto
    07/02/2019 10:30 GENOVA Scritto
    13/06/2019 10:30 GENOVA Scritto
    27/06/2019 10:30 GENOVA Scritto
    11/07/2019 10:30 GENOVA Scritto
    12/09/2019 10:30 GENOVA Scritto

    FURTHER INFORMATION

    Attendance

    Not compulsory