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
First semester Oct 4, 2010 Dec 22, 2010
Second semester Feb 21, 2011 May 25, 2011
Exam sessions
Session From To
Winter session Jan 10, 2011 Feb 19, 2011
Summer session May 30, 2011 Jul 9, 2011
Autumn session Aug 29, 2011 Sep 24, 2011
Degree sessions
Session From To
Autumn session Nov 25, 2010 Nov 26, 2010
Winter session Apr 18, 2011 Apr 21, 2011
Summer session Jul 7, 2011 Jul 8, 2011
Holidays
Period From To
All Saints Nov 1, 2010 Nov 1, 2010
National holiday Dec 8, 2010 Dec 8, 2010
Christmas holidays Dec 22, 2010 Jan 6, 2011
Easter holidays Apr 22, 2011 Apr 26, 2011
National holiday Apr 25, 2011 Apr 25, 2011
Labour Day May 1, 2011 May 1, 2011
Local holiday May 21, 2011 May 21, 2011
National holiday Jun 2, 2011 Jun 2, 2011
Summer holidays Aug 8, 2011 Aug 15, 2011

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 G L M P R
foto,  March 12, 2012

Berardi Andrea

symbol email andrea.berardi@univr.it symbol phone-number 045 8425452

Bottiglia Roberto

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

Carluccio Emanuele Maria

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

Centanni Silvia

symbol email silvia.centanni@univr.it symbol phone-number 045 8425460

Chesini Giuseppina

symbol email giusy.chesini@univr.it symbol phone-number 045 802 8495 (VR) -- 0444/393938 (VI)

De Mari Michele

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

Dongili Paola

symbol email paola.dongili@univr.it

Grossi Luigi

symbol email luigi.grossi@univr.it symbol phone-number 045 802 8247

Lubian Diego

symbol email diego.lubian@univr.it symbol phone-number 045 802 8419

Minozzo Marco

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

Pichler Flavio

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

Rossi Francesco

symbol email francesco.rossi@univr.it symbol phone-number 045 8028067
RoventiniAndrea

Roventini Andrea

symbol email andrea.roventini@univr.it

Rutigliano Michele

symbol email michele.rutigliano@univr.it symbol phone-number 0458028610

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:

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

4S01946

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

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

Period

Second semester dal Feb 21, 2011 al May 25, 2011.

Learning outcomes

The course introduces the the basic principles of financial economics and the basic computational and quantitative methods required to manage and evaluate financial securities in the presence of risk and uncertainty. The first part is devoted to the discussion of the principle of absence of arbitrage opportunities and to the risk neutral valuation approach. The first and second fundamental theorem of asset pricing are discussed and their use is practically exemplified in the analysis of financial markets and of firms' capital structure decisions. In the second part of the course the focus is on decision theory and on the representation of agents' preferences using the expected utility maximization procedure in a static and dynamic framework. In the dynamic framework the Bellman Optimality Principle is introduced and applied to the valuation of financial securities and to the analysis of intertemporal investment and consumption choices.

Program

ARBITRAGE AND FINANCIAL VALUATION

(a) Linear factor models. The CAPM (Capital Asset Pricing Model) as a factor model. Market efficiency and theory of valuation based on the absence of arbitrage opportunities. Relationship between market equilibrium and arbitrage. Ross formulation of APT (Arbitrage Pricing Theory). Statistics and data. Empirical tests of the CAPM and the APT. Roll's critique. Fama and French model.

(b) The absence of arbitrage opportunities and risk neutral valuation. The one period model with a finite number of states of nature. State prices. First and Second Fundamental Theorems of Finance. An application to financial markets: simplified model of contingent claims valuation. An application to the modern theory of capital structure: Modigliani-Miller's Theorems. The relationship between the Modigliani-Miller model and the CAPM.

FINANCIAL DECISION MAKING UNDER UNCERTAINTY

(a) Single-period models. Utility functions. Von Neumann Morgenstern Preference Representation Theorem. Expected utility and paradoxes. Absolute and relative risk aversion . Expected utility maximization criterion for the optimal investment choice.

(b) Multi-period models. Basic stochastic calculus. Conditional expectation in a discrete framework. Stopping times. Markov processes. The Bellman's optimality principle. An application to financial valuation: options with american exercise type. An application to the consumption-investment choice: CCAPM (Consumption Capital Asset Pricing Model). Financial implications of the CCAPM optimality conditions.

Examination Methods

Compulsory written class test and optional oral exam.

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

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

Graduation

List of thesis proposals

theses proposals Research area
Tesi di laurea magistrale - Tecniche e problemi aperti nel credit scoring Statistics - Foundational and philosophical topics
I covered bond 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

The curriculum of the three-year degree courses (CdL) and master's degree courses (CdLM) in the economics area includes an internship as a compulsory training activity. Indeed, the internship is considered an appropriate tool for acquiring professional skills and abilities and for facilitating the choice of a future professional outlet that aligns with one's expectations, aptitudes, and aspirations. The student can acquire further competencies and interpersonal skills through practical experience in a work environment.


Student login and resources


Modalità di frequenza, erogazione della didattica e sedi

Le lezioni di tutti gli insegnamenti del corso di studio, così come le relative prove d’esame, si svolgono in presenza.

Peraltro, come ulteriore servizio agli studenti, è altresì previsto che tali lezioni siano videoregistrate e che le videoregistrazioni vengano messe a disposizione sui relativi spazi e-learning degli insegnamenti, salvo diversa comunicazione del singolo docente.

La frequenza non è obbligatoria.

Maggiori dettagli in merito all'obbligo di frequenza vengono riportati nel Regolamento del corso di studio disponibile alla voce Regolamenti nel menu Il Corso. Anche se il regolamento non prevede un obbligo specifico, verifica le indicazioni previste dal singolo docente per ciascun insegnamento o per eventuali laboratori e/o tirocinio.

È consentita l'iscrizione a tempo parziale. Per saperne di più consulta la pagina Possibilità di iscrizione Part time.

Le sedi di svolgimento delle lezioni e degli esami sono le seguenti