OVERVIEW

The course aims to provide students of the Master's Degree with an in-depth study of the methodologies and phenomena connected to the active and passive management of financial funds, developing, in particular, issues related to the application of international accounting principles, and the role played by quantitative techniques in their implementation process.

AIMS AND CONTENT

LEARNING OUTCOMES

The main objective of the course is to provide students with the knowledge and mastery of main quantitative techniques used for financial derivatives pricing, and for the valuation of actuarial items, in the light of the most recent European legislation and principles international accounting

AIMS AND LEARNING OUTCOMES

The course has the following main objectives: to provide students with the knowledge and mastery at an applied level of the main quantitative techniques used for the financial management of assets, and for the evaluation of actuarial items, in light of the most recent European legislation and international accounting principles.

PREREQUISITES

It is assumed that students, as they already have a three-year degree, possess basic mathematical and statistical skills.

TEACHING METHODS

Teaching usually takes place through lectures and exercises.

Students with disabilities, with SLD or with SEN are reminded that, to request exam accommodations, they must first upload their certification to the University website at servizionline.unige.it<https://servizionline.unige.it/>, in the "Students" section. The documentation will be checked by the University's Services for the Inclusion of Students with Disabilities and with SLD.

At the beginning of the course, students are advised to contact the lecturer to agree on exam arrangements which, while respecting the learning objectives of the course, take individual learning needs into account.

To request compensatory tools or dispensatory measures, students with disabilities or SLD must fill in the dedicated Webform available athttps://unige.it/disabilita-dsa, at least 7 working days before the exam.

Students with SEN may instead send their request by e-mail to the lecturer, copying the Department Representative, Prof. Elena Lagomarsino, atinclusione.economia@unige.it<mailto:inclusione.economia@unige.it>, and the Inclusion Office atinclusione.studenti@info.unige.it<mailto:inclusione.studenti@info.unige.it>.

Requests from students will be assessed by the lecturer and may be approved or rejected.

SYLLABUS/CONTENT

Part I: Elements of financial portfolio management, Markowitz theory. CAPM and APT models: Advanced allocation methods. Practical applications

Part II: Pension plan management: general information. Pension plan calculation methods: actuarial and financial aspects. The main funding methods with particular emphasis on the Projected Unit Credit (PUC) method. The PUC in the context of international accounting discipline (IAS 19)

RECOMMENDED READING/BIBLIOGRAPHY

The study texts will be communicated in the classroom at the beginning of the lessons, as well as published on Aulaweb.

TEACHERS AND EXAM BOARD

LESSONS

LESSONS START

I semester.

Class schedule

The timetable for this course is available here: Portale EasyAcademy

EXAMS

EXAM DESCRIPTION

The student's preparation is assessed through a final written exam, consisting of exercises and theoretical questions (definitions, statements, applications, etc.). 

ASSESSMENT METHODS

The exam is written, consisting of theoretical questions and/or simple exercises.

The questions and exercises are chosen to cover, as much as possible, all the topics of the exam program. Theoretical questions are aimed at evaluating the student's level of understanding, whereas exercises are used to measure the ability to apply the knowledge acquired. Details on how to prepare for the exam and the level of depth of each topic will be provided during the lessons.

FURTHER INFORMATION

It is mandatory to register for the exam online.