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.

Academic calendar

Course calendar

The Academic Calendar sets out the degree programme lecture and exam timetables, as well as the relevant university closure dates..

Definition of lesson periods
Period From To
Periodo generico Oct 1, 2022 May 31, 2023
Primo semestre (lauree magistrali) Oct 3, 2022 Dec 23, 2022
Secondo semestre (lauree magistrali) Feb 20, 2023 May 19, 2023
Exam sessions
Session From To
Sessione invernale (lauree magistrali) Jan 9, 2023 Feb 17, 2023
Sessione estiva (lauree magistrali) May 22, 2023 Jul 7, 2023
Sessione autunnale (lauree magistrali) Aug 28, 2023 Sep 22, 2023
Degree sessions
Session From To
Sessione autunnale Dec 5, 2022 Dec 7, 2022
Sessione invernale Apr 4, 2023 Apr 6, 2023
Sessione estiva Sep 5, 2023 Sep 7, 2023

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.

Exam calendar

Should you have any doubts or questions, please check the Enrollment FAQs

Academic staff

B C D F G M P R S Z

Bottiglia Roberto

symbol email roberto.bottiglia@univr.it symbol phone-number 045 802 8224

Bracco Emanuele

symbol email emanuele.bracco@univr.it symbol phone-number 045 802 8293

Bucciol Alessandro

symbol email alessandro.bucciol@univr.it symbol phone-number 045 802 8278

Carluccio Emanuele Maria

symbol email emanuelemaria.carluccio@univr.it symbol phone-number 045 802 8487

Cassia Fabio

symbol email fabio.cassia@univr.it symbol phone-number 0458028689

Chiaramonte Laura

symbol email laura.chiaramonte@univr.it

Cobelli Nicola

symbol email nicola.cobelli@univr.it symbol phone-number 0458028295

Cortese Mauro

symbol email mauro.cortese@univr.it

De Mari Michele

symbol email michele.demari@univr.it symbol phone-number 045 802 8226

Faccincani Lorenzo

symbol email lorenzo.faccincani@univr.it symbol phone-number 045 802 8610

Florio Cristina

symbol email cristina.florio@univr.it symbol phone-number 045 802 8296

Fratea Caterina

symbol email caterina.fratea@univr.it symbol phone-number 045 842 5358

Gnoatto Alessandro

symbol email alessandro.gnoatto@univr.it symbol phone-number 045 802 8537

Mancini Cecilia

symbol email cecilia.mancini@univr.it

Minozzo Marco

symbol email marco.minozzo@univr.it symbol phone-number 045 802 8234

Patacca Marco

symbol email marco.patacca@univr.it symbol phone-number 0458028788

Picarelli Athena

symbol email athena.picarelli@univr.it symbol phone-number 045 8028242

Pichler Flavio

symbol email flavio.pichler@univr.it symbol phone-number 045 802 8273

Renò Roberto

symbol email roberto.reno@univr.it symbol phone-number 045 802 8526

Rossi Francesco

symbol email francesco.rossi@univr.it symbol phone-number 045 8028067
profilo,  January 21, 2019

Santi Flavio

symbol email flavio.santi@univr.it symbol phone-number 045 802 8239

Stacchezzini Riccardo

symbol email riccardo.stacchezzini@univr.it symbol phone-number 0458028186

Zago Angelo

symbol email angelo.zago@univr.it symbol phone-number 045 802 8414

Zoli Claudio

symbol email claudio.zoli@univr.it symbol phone-number 045 802 8479

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 enrollment year.

CURRICULUM TIPO:

2° Year   activated in the A.Y. 2023/2024

ModulesCreditsTAFSSD
Stage
6
F
-
Final exam
15
E
-
activated in the A.Y. 2023/2024
ModulesCreditsTAFSSD
Stage
6
F
-
Final exam
15
E
-
Modules Credits TAF SSD
Between the years: 1°- 2°

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.




S Placements in companies, public or private institutions and professional associations

Teaching code

4S001142

Coordinator

Cecilia Mancini

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-S/06 - MATHEMATICAL METHODS OF ECONOMICS, FINANCE AND ACTUARIAL SCIENCES

Period

Secondo semestre (lauree magistrali) dal Feb 20, 2023 al May 19, 2023.

Learning objectives

The course offers an introduction to arbitrage theory and its applications to financial derivatives pricing in discrete and continuous time.

Prerequisites and basic notions

Preparatory courses: Mathematics, Financial Mathematics, Stochastic processes

Important knowledge for a successful learning: matrix calculations, linear systems, real functions of one or more real variables (in particular: continuous functions, composition of functions, partial derivatives), basic concepts of financial mathematics (interest rate, return of an investment, difference between bonds and shares of a firm), fundamental concepts of probability theory (sigma algebra, random variables, expected values, covariance, space L ^ 2 of rv, independence, conditional probabilities and expected values, equivalent probability measures, probability density, distribution function, Gaussian law, convergence in distribution, in probability, in L ^ 2, almost certain equality), basic concepts on stochastic processes (martingale, Brownian motion)

Program

1. Discrete market models

Uniperiod models: binomial and general. Multiperiod models: binomial and general.
Financial portfolios, the principle of non-arbitrage.
Derivatives: definition, examples, properties.
Absence of arbitrage.
Discrete-time martingale processes
Equivalent martingale measures and risk neutrality.
Numeraire
Replicable securities and valuation of derivatives
Completeness of the markets
The return of risky securities
The two fundamental asset pricing theorems

2. Market models in continuous time

Transition from discret to continuous times.
Geometric Brownian motion and modeling of empirical data
Risk quantification with a model
Ito Integral Ito, quadratic variation / covariation,
stochastic differential equations, characterization of martingales
Ito Lemma
Market model with n + 1 assets and m Brownian motions
Self-financing portfolios
Absence of arbitrage
Girsanov's theorem
Equivalent martingale measure
Replicability and pricing of derivatives
Completeness and EDP for the price function of a derivative
Delta hedging
Black and Scholes model
Formula for the price of call and put options

Students not attending the lectures: the examination methods are not differentiated between attending and non-attending students

Bibliography

Visualizza la bibliografia con Leganto, strumento che il Sistema Bibliotecario mette a disposizione per recuperare i testi in programma d'esame in modo semplice e innovativo.

Didactic methods

Organization of teaching activities: lessons, exercises, quizzes during the course

Useful material on the moodle page of the course: slides of the lessons, link to the notes on OneNote, exercises

Skills necessary for successful learning: willingness and ability to conduct logical reasoning in a rigorous way, and to motivate each step and the conclusions

Learning assessment procedures

The exam consists of a written test and a series of 3 quizzes during the course. Also an oral examination could be compulsory, in case the teacher needs for specific insights
The final 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 tests is forbidden

The exam is not passed if the mark in the final written test is less than 18/30.

Students with disabilities or specific learning disorders (SLD), who intend to request the adaptation of the exam, must follow the instructions given HERE

Evaluation criteria

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, connections among different parts of the program may be required and exercises which are different form the ones solved during the lessons 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

Criteria for the composition of the final grade

The final exam mark is awarded considering the outcome of the final written test and adding the possible bonus cumulated with the quizzes.
In case the teacher call also to an oral exam, the mark may become insufficient if inconsistencies are found with what is written in the final test. The mark score may increase if parts of exercises have not been evaluated for doubt of interpretation.
Requests for further questions to increase the score are not accepted.

Exam language

Italiano

Type D and Type F activities

SOFT SKILLS  

Find out more about the Soft Skills courses for Univr students provided by the University's Teaching and Learning Centre: https://talc.univr.it/it/competenze-trasversali 

CONTAMINATION LAB 

The Contamination Lab Verona (CLab Verona) is an experiential course with modules on innovation and enterprise culture that offers the opportunity to work in teams with students from all areas to solve challenges set by companies and organisations.

Upon completion of a CLab, students will be entitled to receive 6 CFU (D- or F-type credits).

Find out more: https://www.univr.it/clabverona 

PLEASE NOTE: In order to be admitted to any teaching activities, including those of your choice, you must be enrolled in the academic year in which the activities in question are offered. Students who are about to graduate in the December and April sessions are therefore advised NOT to undertake extracurricular activities in the new academic year in which they are not enrolled, as these graduation sessions are valid for students enrolled in the previous academic year. Therefore, students who undertake an activity in an academic year in which they are not enrolled will not be granted CFU credits.

Primo semestre (lauree) From 9/19/22 To 1/13/23
years Modules TAF Teacher
1° 2° Ciclo tematico di conferenze: “Conflitti. Riconoscere, prevenire, gestire” - 2022/2023 D Riccardo Stacchezzini (Coordinator)
1° 2° Securitisation transactions - Focus on securitisations of OF NPL / NPE /UTP D Michele De Mari (Coordinator)
1° 2° The Fashion Lab - 2022/23 D Caterina Fratea (Coordinator)
Periodo generico From 10/1/22 To 5/31/23
years Modules TAF Teacher
1° 2° Economic Thinking and Thesis Writing D Marco Minozzo (Coordinator)
1° 2° Data Analysis Laboratory with R (Verona) D Marco Minozzo (Coordinator)
1° 2° Data Visualization Laboratory D Marco Minozzo (Coordinator)
1° 2° Python Laboratory D Marco Minozzo (Coordinator)
1° 2° Data Science Laboratory with SAP D Marco Minozzo (Coordinator)
1° 2° Advanced Excel Laboratory (Verona) D Marco Minozzo (Coordinator)
1° 2° Excel Laboratory (Verona) D Marco Minozzo (Coordinator)
1° 2° Laboratory on research methods for business D Cristina Florio (Coordinator)
1° 2° Laboratory on research methods for business D Cristina Florio (Coordinator)
1° 2° Piano di marketing 2022/23 D Fabio Cassia (Coordinator)
1° 2° Programming in Mathlab D Marco Minozzo (Coordinator)
1° 2° Programming in SAS D Marco Minozzo (Coordinator)
Primo semestre (lauree magistrali) From 10/3/22 To 12/23/22
years Modules TAF Teacher
1° 2° Business & predictive analytics for International Firms (with Excel Applications) - 2022/23 D Angelo Zago (Coordinator)
1° 2° Elements of Financial Risk Management - 2022/23 D Claudio Zoli (Coordinator)
1° 2° Soft skills training for economics - 2022/23 D Claudio Zoli (Coordinator)
1° 2° Topics in applied economics and finance - 2022/23 D Claudio Zoli (Coordinator)
1° 2° Experience 3 Days as a Manager D Riccardo Stacchezzini (Coordinator)
Secondo semestre (lauree magistrali) From 2/20/23 To 5/19/23
years Modules TAF Teacher
1° 2° The Chartered Accountant as a business consultant D Riccardo Stacchezzini (Coordinator)
1° 2° Integrated Financial Planning 2022/2023 D Riccardo Stacchezzini (Coordinator)
1° 2° Introduction to Java programming D Alessandro Gnoatto (Coordinator)
1° 2° Professional Communication for Economics 2022/2023 D Claudio Zoli (Coordinator)
Secondo semestre (lauree) From 2/20/23 To 5/31/23
years Modules TAF Teacher
1° 2° Project "B-EDUCATION: ideas that count" - 1 cfu D Roberto Bottiglia (Coordinator)
1° 2° Project "B-EDUCATION: ideas that count" - 2 cfu D Roberto Bottiglia (Coordinator)

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: only in this way will you be able to receive notification of all the notices from your teachers and your secretariat via email and soon also via the Univr app.

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
Fattori ESG e valutazione d'azienda Various topics
Il metodo Monte Carlo per la valutazione di opzioni americane Various topics
Il Minimum Requirement for own funds and Eligible Liabilities (MREL) Various topics
L'acquisto di azioni proprie Various topics
Proposte Tesi A. Gnoatto Various topics

Linguistic training CLA


Gestione carriere


Internships


Student login and resources