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 (lauree magistrali) | Oct 5, 2020 | Dec 23, 2020 |
| secondo semestre (lauree magistrali) | Mar 1, 2021 | Jun 1, 2021 |
| Session | From | To |
|---|---|---|
| sessione invernale | Jan 11, 2021 | Feb 12, 2021 |
| sessione estiva | Jun 7, 2021 | Jul 23, 2021 |
| sessione autunnale | Aug 23, 2021 | Sep 17, 2021 |
| Session | From | To |
|---|---|---|
| sessione autunnale (validità a.a. 2019/20) | Dec 9, 2020 | Dec 11, 2020 |
| sessione invernale (validità a.a. 2019/20) | Apr 7, 2021 | Apr 9, 2021 |
| sessione estiva (validità a.a. 2020/21) | Sep 6, 2021 | Sep 8, 2021 |
| Period | From | To |
|---|---|---|
| Vacanze di Natale | Dec 24, 2020 | Jan 6, 2021 |
| Vacanze di Pasqua | Apr 3, 2021 | Apr 6, 2021 |
| Vacanze estive | Aug 9, 2021 | Aug 15, 2021 |
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 |
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2° Year
| Modules | Credits | TAF | SSD |
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| Modules | Credits | TAF | SSD |
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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.
Modelli di finanza internazionale (2020/2021)
Teaching code
4S008985
Teacher
Coordinatore
Credits
6
Scientific Disciplinary Sector (SSD)
SECS-S/06 - MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES
Language
English
Period
primo semestre (lauree magistrali) dal Oct 5, 2020 al Dec 23, 2020.
Learning outcomes
The course aims at providing the student with tools for the financial portfolio managing of companies operating in international markets. In particular the course will focus on: some basic concepts of the financial markets and specific features characterizing the international markets; some mathematical tools for capturing crucial relations among different financial instruments, with applications to risk hedging and to investments planning; some software tools for supporting the decision process. At the end of the course, the student should have to be aware of concepts which are fundamental for companies investing or seeking funding on international markets. For example she should have understood: the relationships between interest rates and exchange rates; the functioning of some derivatives on such rates; the types of risk inherent in domestic and foreign bonds and in the evaluation and management of an international company. Furthermore, the student should have to be able to apply principles and criteria, and to use mathematical and software tools for the assessment and the choice of financial opportunities.
Program
PROGRAMME
1. Interest rates:
term structures of spot interest rates [Notes, Luendberger]
no arbitrage valuation [Notes]
forward rates [Notes]
interest rate swaps [Notes, Hull]
2. Currency risk:
value of a MNC [Madura]
exchange rates determinants [Madura, ch. 4]
currency derivatives [Madura, ch. 5, Notes]
forwards contracts and interest rate parity [Madura, ch. 5, Notes]
currency swaps [Hull, 6.1, 6.3, 6.4, 6.5, 6.6]
stock options and currency options [Madura]
exchange rates forecasting [Madura, ch. 9]
hedging currency risk examples [Madura ch 11]
USEFUL MATERIAL on the moodle page of the course: notes of the lessons, exercises
PREREQUISITES
1) A good knowledge of the basic tools of the mathematical analysis and analytic geometry (limits / continuity / derivatives / integrals / plots, straight lines, slope, intercept),
ability to solve simple equations / inequalities
2) A good knowledge of the basic tools in statistics (random variables, probability distributions, expectation / moments).
3) A good working knowledge of basic financial mathematics (interest rate of a simple financial operation, internal rate of return, basis of an interest rate, equivalent rate in another basis, simple/compounded capitalization regimes, zero coupon bonds, coupon bonds, shares of a firm)
PREPARATORY COURSES: Mathematics, Financial Mathematics
SKILLS NECESSARY for successful learning: willingness and ability to conduct logical reasoning in a rigorous way, and to motivate each step and the conclusions
ORGANIZATION OF TEACHING ACTIVITIES: lessons, exercises
Bibliografia
| Author | Title | Publishing house | Year | ISBN | Notes |
|---|---|---|---|---|---|
| Jeff Madura | International Financial Management (Edizione 12) | Cengage Learning | 2013 | 978-1-133-94783-7 | |
| David, G., Luendberger | Investment science | Oxford University press | 2nd edition | ||
| John C. Hull | Options, Futures, and Other Derivatives | Prentice Hall College Div | |||
| HULL J. | Opzioni, futures e altri derivati (Edizione 8) | Pearson Education Italia, Prentice Hall, Milano | 2012 | 9788871927794 |
Examination Methods
The exam consists of a written test. Also an oral examination could be compulsory, in case the teacher needs for specific insights
The written test consists of practical exercises and theoretical questions, and can cover the whole programme of the course. Using notes or books or similar material during the test is forbidden
The exam is not passed if the mark in the written test is less than 18/30.
In case of oral exam, the final exam mark is awarded considering mainly the outcome of the written test.
The mark may become insufficient if inconsistencies are found with what is written. The mark score may increase only if parts of exercises have not been evaluated for doubt of interpretation. Requests for further questions to increase the score are not accepted. The necessity of further questions will be only established by the teacher.
Characteristics of the expected performance. The student is required to demonstrate a critical and in-depth knowledge of the topics covered in the course. The concepts must not be exposed mechanically but in a reasoned way, the student is expected to be able to recognize when the use of a formula obtained for a basic case is not appropriate, connections among different parts of the program may be required and advanced level exercises (marginally) can be proposed.
The concise but comprehensive exposure, the rigor, the direct pointing towards the core of the matter will be particularly appreciated. Vague, inaccurate, poorly justified or incorrect answers will be penalized
Students not attending the lectures: the examination methods are not differentiated between attending and non-attending students
The next exams (21-1-2021 and 8-2-2021) will be in the form of a quiz on the web: 4-5 exercises, exactly as for a usual written exam.
For further details about the exam see the forum at the moodle page
Type D and Type F activities
| years | Modules | TAF | Teacher |
|---|---|---|---|
| 1° | Future matters | D |
Alessandro Bucciol
(Coordinatore)
|
| 1° | Future matters | D |
Alessandro Bucciol
(Coordinatore)
|
| years | Modules | TAF | Teacher | |
|---|---|---|---|---|
| 1° | The fashion lab (1 ECTS) | D |
Maria Caterina Baruffi
(Coordinatore)
|
|
| 1° | The fashion lab (2 ECTS) | D |
Maria Caterina Baruffi
(Coordinatore)
|
|
| 1° | The fashion lab (3 ECTS) | D |
Maria Caterina Baruffi
(Coordinatore)
|
|
| 1° 2° | Introduction to the use of R - 2020/21 | D |
Francesca Rossi
(Coordinatore)
|
|
| years | Modules | TAF | Teacher |
|---|---|---|---|
| 1° | Design and Evaluation of Economic and Social Policies | D |
Federico Perali
(Coordinatore)
|
| 1° | Public debate and scientific writing - 2020/2021 | D |
Martina Menon
(Coordinatore)
|
| 1° | Soft skills coaching days Vicenza (terza edizione) - 2020/2021 | D |
Paola Signori
(Coordinatore)
|
| 1° | Wake up Italia - 2020/2021 | D |
Sergio Noto
(Coordinatore)
|
| years | Modules | TAF | Teacher | |
|---|---|---|---|---|
| 1° | Professional Communication for Economics | D |
Claudio Zoli
(Coordinatore)
|
|
| 1° | Transactional skills in business law - 2020/2021 | D |
Caterina Fratea
(Coordinatore)
|
|
| 1° 2° | Bases of data visualization. A software-free introduction - 2020/21 | D |
Angelo Zago
(Coordinatore)
|
|
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.
Gestione carriere
Internships
Linguistic training CLA
Double degree
To contribute to the internationalization of the experience of students enrolled in the MSc in IEB, Double Degree agreements have been activated with the University of Bordeaux (FR) and with the University of Bamberg (D). Each agreement provides for the participation of a maximum of five students, therefore a total of (maximum) ten students can benefit from the experience.Bordeaux
Students selected for the Double Degree program with Bordeaux will spend the first semester of the second year at the partner university, during which they will participate in the Master Mention “Economie Internationale” - Parcours “Economie, banque et finance internationales”. Students will attend the following courses in France (on the right the equivalent courses of the MSc in IEB):
Import/Export Techniques 8ECTS <---> International business law 9CFU
Growth and Development 7ECTS <---> International trade and economic development 9CFU
International Trade and FDI 8ECTS <---> Export decisions, FDI, and global value chains 9CFU
Strategic Analysis and Applications 7ECTS <---> Stage 3CFU
Bamberg
Students selected for the Double Degree program with Bamberg, on the other hand, will participate in the Master of Science in European Economic Studies program, where they will attend the following courses:
- One course to be chosen in the MAEES1 Methods and Fundamentals module group:
Modul MAEES1.1 Advanced Microeconomics 6 ECTS
Modul MAEES1.2 Advanced Macroeconomics 6 ECTS
- Three courses (18 ECTS) with modules of the module groups MAEES Specialisation (of 6 ECTS each):
MAEES3 Internationale Wirtschaft (International Economics)
MAEES4 Empirische Mikroökonomik (Empirical Microeconomics)
MAEES5 Finanzwissenschaft (Public Economics)
MAEES7 Wirtschaftstheorie (Economic Theory)
MAEES8 Angewandte Wirtschaftsforschung (Applied Economic Research)
- 12 ECTS among the following Foreign Business Languages at master level:
German (for not German native speakers)
Business English
Business French
Business Italian (for not Italian native speakers)
Business Spanish
Business Russian
- 24 ECTS for thesis completion.
Requirements and selection procedure
Students regularly enrolled in the first year of the MSc in IEB can be admitted to the Double Degree programs. The call for applications will be published around September 2021 or later in the University web page on double degrees. The choice of students to be admitted is made during the first semester of the first year, through a multi-stage process:
- a selection of students based on the results achieved in their bachelor degree, on their CV and on a motivational interview. Following this selection, the ranking of students "admitted under condition" will be published;
- an ongoing confirmation of the above ranking, based on the academic achievement of the students in the first part of their studies at the University of Verona. Specifically, are confirmed the students "admitted under condition" which - at the end of the first semester of the first year - have achieved a weighted average score and a number of credits not lower than the average of the cohort of students enrolled in the first year (in the case of students’ transfers and career shortening, only the recognized exams for the first semester of the first year are taken into consideration).
The ranking of selected and confirmed students will be unique and the choice of destination - Bamberg or Bordeaux - will be made starting with the first classified student, then the second and so on.
Finally, the students selected and confirmed will participate in the call to obtain the Erasmus scholarships reserved for the assigned location.
Disclaimer
The information on this site may be subject to changes during construction. Please consult the site for any updates.
Graduation
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.