Teaching code

4S00429

Academic staff

Veronica De Crescenzo,

Coordinator

Veronica De Crescenzo

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS

Period

Primo Semestre Triennali dal Sep 18, 2017 al Jan 12, 2018.

Lessons timetable Moodle Seminars 0

Learning outcomes

The course provides a fundamental knowledge of Financial intermediation. The aim of the course is to provide students with both concepts and methodologies useful to analyse the role and the dynamics of the financial system. During the course, the structure of the financial system, the technical features of financial instruments, the regulatory context and monetary policy will be investigated, ensuring specific attention to the different functions performed by financial institutions and financial markets and their role within the broader economic system.
After the course, students will have deepened the financial dimension of the economic system and will be supposed to autonomously evaluate the dynamics of financial institutions.

Program

1. Structure and functions of the financial system
2. Financial instruments: bonds, stocks and derivatives
3. Financial markets: functions and operating modes
4. Financial institutions: banks, securities financial institutions and insurance companies
5. Monetary policy

Teaching methods: Lectures and, when needed, experts’ insights on specific topics. During the course, project works might be requested to further explore specific topics.

Teachers will be available during office hours all year long.

Further information will be available of the e-learning page of the course as soon as lessons begin.

FERRARI A, GUALANDRI E., LANDI A., VEZZANI P., Il sistema finanziario: funzioni mercati e intermediari, Giappichelli, 5th edition, 2016.
MUNARI L. (a cura di), Strumenti finanziari e creditizi, McGraw-Hill, 2015: chapters 6, 7, 8, 9, 10, 17, 18.
Further readings on specific topics will be made available on the e-learning page for the course.
Textbooks and further readings are consistent with the syllabus.

Examination Methods

Written test made up of short-answer questions and exercises, with no distinction between attending and non-attending students.

Students are given the opportunity to take a partial interim review about:
- FERRARI A, GUALANDRI E., LANDI A., VEZZANI P., Il sistema finanziario: funzioni mercati e intermediari, Giappichelli, 5th edition, 2016, chapters 1, 2 and 5
- MUNARI L. (a cura di), Strumenti finanziari e creditizi, McGraw-Hill, 2015, chapters 7, 8, 9 and 17.
The partial interim review counts 40% of the overall mark for the exam.

If students get a positive mark (at least 18 out of 30), they will not be assessed on the above chapters again.

Students that get a positive mark in the interim partial review must take the exam on the remaining syllabus in the winter session. Both exams must be valued with positive marks.