CODE 64445 ACADEMIC YEAR 2020/2021 CREDITS 6 cfu anno 2 ECONOMIA E ISTITUZIONI FINANZIARIE 8700 (LM-56) - GENOVA 6 cfu anno ECONOMIA E ISTITUZIONI FINANZIARIE 8700 (LM-56) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/11 TEACHING LOCATION GENOVA SEMESTER 2° Semester TEACHING MATERIALS AULAWEB OVERVIEW 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, business model, corporate and competitive strategy, organisational models, marketing policies, performance measurement and evaluation systems. A specific focus is given to risk management and capital management. AIMS AND CONTENT LEARNING OUTCOMES The course analyses the main drivers of change in the banking sector (globalisation, deregulation, privatisation, technology, changing in customers’ behaviour) 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 AIMS AND LEARNING OUTCOMES 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. TEACHING METHODS Lessons by the teacher and by practitioners; reading of the textbooks. SYLLABUS/CONTENT Megatrend and drivers of change: globalisation, deregulation, privatisation, technology, changing in customers’ behaviour 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 froniters in customer management (customer journey, big data and analytics) Performance measurement and evaluation systems Risk management and capital management systems RECOMMENDED READING/BIBLIOGRAPHY A.Resti-A.Sironi, Risk management and shareholders’ value in banking, Wiley, 2007, Part V and VI TEACHERS AND EXAM BOARD MARCO DI ANTONIO Ricevimento: Orario ricevimento: Tuesday, at 4 p.m. http://www.economia.unige.it/index.php/il-dipartimento/personale/docenti-ad-economia/88-marco-di-antonio Exam Board MARCO DI ANTONIO (President) LAURA NIERI FRANCESCA QUERCI LESSONS LESSONS START The course starts in february 2021 and ends in may 2021 Class schedule STRATEGY AND GOVERNANCE OF FINANCIAL INTERMEDIARIES EXAMS EXAM DESCRIPTION Written examination; in english; open questionas ASSESSMENT METHODS Written examination, in english; open questions Exam schedule Data appello Orario Luogo Degree type Note 07/01/2021 09:00 GENOVA Scritto 19/01/2021 09:00 GENOVA Scritto 08/02/2021 09:00 GENOVA Scritto 10/05/2021 09:00 GENOVA Orale 09/06/2021 09:00 GENOVA Scritto 22/06/2021 09:00 GENOVA Scritto 12/07/2021 09:00 GENOVA Scritto 09/09/2021 09:00 GENOVA Scritto FURTHER INFORMATION Attendance Not compulsory
