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CODE 66704
ACADEMIC YEAR 2022/2023
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:
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    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 aims to provide students with a basic knowledge of the financial system.  More specifically, the course covers topics such as the functions performed by the financial sector, the features of financial instruments and the main characteristics of financial institutions and markets. Students will understand how the financial sector meets the financial needs of households and businesses, such as investing, financing, making payments and/or managing risks.

    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.

    PREREQUISITES

    Students are expected to have passed the exam of Business Adminstration.

    They have also advised to have a thorough knowledge of Financial mathematics.

    TEACHING METHODS

    The course entails different teaching methods such as Lectures, Case Studies, Seminars and Workshop with Professionals, Assignments using Aulaweb platform, Auto evaluation tests.

     

    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, "Financial Markets and Institutions", Mc-Graw-Hill, 7th Edition.

    TEACHERS AND EXAM BOARD

    Exam Board

    FRANCESCA QUERCI (President)

    BARBARA ALEMANNI

    MARCO DI ANTONIO

    LAURA NIERI

    LESSONS

    LESSONS START

    Lessons start in the second semester. 

     

    EXAMS

    EXAM DESCRIPTION

    The final exam is a theoretical and practical assignment.

    Students who attend lectures regularly may choose the 'continuos valuation method' that implies 3-4 assignments and an intermediate exam.

    ASSESSMENT METHODS

    The assignment includes multiple-choice questions; open questions; exercises and problems.

     

    Exam schedule

    Data Ora Luogo Degree type Note
    18/01/2023 10:00 GENOVA Scritto
    01/02/2023 10:00 GENOVA Scritto
    15/02/2023 10:00 GENOVA Scritto
    11/05/2023 11:00 GENOVA Scritto Appello straordinario riservato esclusivamente ai laureandi a.a. 2021/22, per gli insegnamenti di: Corporate e private Banking Economia degli intermediari finanziari B, frazione A (CLEA)
    07/06/2023 10:00 GENOVA Scritto
    21/06/2023 10:00 GENOVA Scritto
    12/07/2023 10:00 GENOVA Scritto
    13/09/2023 10:00 GENOVA Scritto

    FURTHER INFORMATION

    If the final score in below 16/30 the exam cannot be repeated in the next date.