Teaching code

4S00429

Teacher

Giuseppina Chesini

Coordinatore

Giuseppina Chesini

Credits

9

Language

Italian

Scientific Disciplinary Sector (SSD)

SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS

Period

Primo semestre (lauree) dal Sep 19, 2022 al Jan 13, 2023.

Lessons timetable Moodle Seminars

Learning objectives

The course provides a fundamental knowledge of Financial intermediation and innovation in financial services. The aim of the course is to provide students with basic but essential understandings and methodologies to in depth examine and interpret the role and the dynamics of the financial system. During the course, the structure of the financial system, the technical features of financial instruments and the regulatory context will be investigated, ensuring specific attention to the evolution of financial systems as well as to the innovation that has characterized both financial services and products recently. Focus will also be on technological innovation (FinTech) and new financing instruments for SMEs. At the end of the course, students shall demonstrate their own understanding of financial aspects of the broader economic system. Furthermore, they shall autonomously assess the dynamics of evolution that characterize financial institutions. Teaching methods consist of lectures and experts’ insights on specific topics, when needed. To develop soft skills, students might be asked to deliver project works to further explore specific topics, which will be presented during the course.

Prerequisites and basic notions

There are no prerequisites.

Program

1. The financial system and the supply of financial services
2. The theories of financial intermediation
3. Risks and their management
4. Intermediation contracts
5. The payment system and services
6. The markets
7. Financial intermediation: activities and institutional structures
8. Fintech: technological innovation applied to financial services
9. The strategy and organization of financial intermediation activities
10. Control over the financial system in the framework of the European Banking Union
11. The regulation, supervision, governance and internal controls
12. Monetary policy and the role of the ECB

Bibliography

Didactic methods

Frontal lessons.
Exercises.
For attending students there is the possibility of carrying out a project in small groups on an innovative financial activity to be agreed with the teacher.

Learning assessment procedures

Written test.

Evaluation criteria

The written test covers each part of the program carried out in the classroom.

Criteria for the composition of the final grade

For non-attending students, the written exam is the only test to pass the exam. Attending students can get additional points with the project.

Exam language

Italiano