Studying at the University of Verona
Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.
Academic calendar
The academic calendar shows the deadlines and scheduled events that are relevant to students, teaching and technical-administrative staff of the University. Public holidays and University closures are also indicated. The academic year normally begins on 1 October each year and ends on 30 September of the following year.
Course calendar
The Academic Calendar sets out the degree programme lecture and exam timetables, as well as the relevant university closure dates..
| Period | From | To |
|---|---|---|
| primo semestre | Sep 15, 2014 | Jan 9, 2015 |
| secondo semestre | Feb 19, 2015 | May 29, 2015 |
| Session | From | To |
|---|---|---|
| sessione invernale | Jan 12, 2015 | Feb 18, 2015 |
| sessione estiva | Jun 4, 2015 | Jul 11, 2015 |
| sessione autunnale | Aug 24, 2015 | Sep 9, 2015 |
| Session | From | To |
|---|---|---|
| sessione autunnale | Dec 12, 2014 | Dec 19, 2014 |
| sessione invernale | Apr 8, 2015 | Apr 10, 2015 |
| sessione estiva | Sep 10, 2015 | Sep 11, 2015 |
| Period | From | To |
|---|---|---|
| festività natalizie | Dec 22, 2014 | Jan 5, 2015 |
| festività pasquali | Apr 3, 2015 | Apr 7, 2015 |
| vacanze estive | Aug 10, 2015 | Aug 22, 2015 |
Exam calendar
Exam dates and rounds are managed by the relevant Economics Teaching and Student Services Unit.
To view all the exam sessions available, please use the Exam dashboard on ESSE3.
If you forgot your login details or have problems logging in, please contact the relevant IT HelpDesk, or check the login details recovery web page.
Should you have any doubts or questions, please check the Enrolment FAQs
Academic staff
Study Plan
The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University. Please select your Study Plan based on your enrolment year.
| Modules | Credits | TAF | SSD |
|---|
| Modules | Credits | TAF | SSD |
|---|
1° Year
| Modules | Credits | TAF | SSD |
|---|
2° Year
| Modules | Credits | TAF | SSD |
|---|
| Modules | Credits | TAF | SSD |
|---|
Legend | Type of training activity (TTA)
TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.
Financial risk management (2015/2016)
Teaching code
4S02484
Teacher
Coordinatore
Credits
9
Language
Italian
Scientific Disciplinary Sector (SSD)
SECS-S/06 - MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES
Period
primo semestre dal Sep 28, 2015 al Jan 8, 2016.
Learning outcomes
The course is prepared for students with basic prerequisites of probability and statistics, and of financial and insurance markets.
The objective of the course is to describe the main risks which can have an impact on the banking and insurance activity, and to provide to the students the main mathematical and statistical methodologis for risk evaluation and control. The course will also introduce the guidelines of the regulatory framework for risk control.
Program
1. Interest rate risk
a. The repricing gap model
b. Duration and convexity
c. Cash-flow mapping
d. Liquidity risk
2. Market risk
a. Parametric VaR
b. Methods for volatility estimation
c. Non-parametric VaR. Simulation methods: Monte Carlo and historical simulations
d. Stress testing and back-testing
e. Expected shortfall
3. Credit risk
a. Credit scoring, logit and probit regressions
b. Merton's model
c. Revovery rate
d. Rating
4. Operational risk
a. Measuring extreme risks
b. The generalized Pareto distribution
c. Catastrophal risks. Elements of Extreme Value Theory
5. Regulation in banks and insurance
a. Capital requirements
b. The Basel agreements
c. Solvency II
Textbooks
Resti e Sironi, Rischio e valore nelle banche, Egea Ed.
(English edition: Resti and Sironi, Risk management and shareholders's value in banking, Wiley)
Furhter reading:
Christoffersen, Elements of financial risk management, Elsevier Ed.
Embrechts, Kluppelberg, Mikosh, Modelling Extremal Events for Insurance and Finance, Springer Ed.
Examination Methods
Written Exam (50%) + Project Work (50%).
The Project Work, to be decided with the Teacher, is a small paper, with length less than 10 pages, which illustratates the valuation of the risk of an actual financial or insurance portfolio. The Project Work needs to be completed to gain access to the written exam.
Type D and Type F activities
Modules not yet included
Career prospects
Module/Programme news
News for students
There you will find information, resources and services useful during your time at the University (Student’s exam record, your study plan on ESSE3, Distance Learning courses, university email account, office forms, administrative procedures, etc.). You can log into MyUnivr with your GIA login details.
Further services
I servizi e le attività di orientamento sono pensati per fornire alle future matricole gli strumenti e le informazioni che consentano loro di compiere una scelta consapevole del corso di studi universitario.
Graduation
List of theses and work experience proposals
| theses proposals | Research area |
|---|---|
| Tesi di laurea magistrale - Tecniche e problemi aperti nel credit scoring | Statistics - Foundational and philosophical topics |
| Il metodo Monte Carlo per la valutazione di opzioni americane | Various topics |
| Proposte Tesi A. Gnoatto | Various topics |
