Unit FINANCIAL MARKETS AND INSTITUTIONS
- Course
- Business administration
- Study-unit Code
- 20001909
- Location
- PERUGIA
- Curriculum
- In all curricula
- CFU
- 9
- Course Regulation
- Coorte 2017
- Offered
- 2019/20
- Learning activities
- Caratterizzante
- Area
- Aziendale
- Academic discipline
- SECS-P/11
- Type of study-unit
- Obbligatorio (Required)
- Type of learning activities
- Attività formativa monodisciplinare
FINANCIAL MARKETS AND INSTITUTIONS - Cognomi A-L
| Code | 20001909 |
|---|---|
| Location | PERUGIA |
| CFU | 9 |
| Teacher | Paola Musile Tanzi |
| Teachers |
|
| Hours |
|
| Learning activities | Caratterizzante |
| Area | Aziendale |
| Academic discipline | SECS-P/11 |
| Type of study-unit | Obbligatorio (Required) |
| Language of instruction | Italian |
| Contents | Combining theory and policy and starting from the functions of the financial system, the course examines and explains financial markets, financial institutions and challenges in the domain of financial supervision. The world's financial system went through its greatest crisis for a century, we try to understand why, using some basic concepts, with a special focus on Europe. |
| Reference texts | DE HAAN J.- OOSTERLOO S.- SCHOENMAKER D., Financial Markets and Institutions, A European Perspective, Cambridge University, Second Edition, 3rd edition 2015 (Chapters 6 and 14, not included and 2.4, 2.5, 9.4, 10.1, 11.1, 11.3, 11.4, 12.2, 13.1 not included) |
| Educational objectives | The aim of the course is to provide students with a thorough understanding of the financial system and its role in the economy, looking at the financial markets, the financial intermediaries and the main financial instruments. By the end of the program students understand the basic theoretical principles and methodology that underlie the evolution of the financial system and the main drivers of innovation: changing client needs, regulation and technology. |
| Prerequisites | Applied Mathematics, Statistics, Accounting |
| Teaching methods | Face-to-face lessons and supported exercises. |
| Other information | Tutoring is provided by the Theacher and by a selected Finance Ms'Student in charge for supporting excercices |
| Learning verification modality | A written exam, six open questions, two of them regarding financial instruments, time 1h |
| Extended program | Functions of the financial system (chapter 1) - Financial crises (chapter 2) - European financial integration: origins and history (charpter 3) - Monetary policy of the European Central Bank (charpter 4)- European financial markets (chapter 5) - Financial infrastructures (chapter 7) - Financial innovation (chapter 8)- The role of institutional investors (chapter 9) - European banks (chapter 10)- European insurers and financial conglomerates (chapter 11) - Financial regulation and supervision (chapter 12) - Financial stability (chapter 13) |
FINANCIAL MARKETS AND INSTITUTIONS - Cognomi M-Z
| Code | 20001909 |
|---|---|
| Location | PERUGIA |
| CFU | 9 |
| Teacher | Loris Lino Maria Nadotti |
| Teachers |
|
| Hours |
|
| Learning activities | Caratterizzante |
| Area | Aziendale |
| Academic discipline | SECS-P/11 |
| Type of study-unit | Obbligatorio (Required) |
| Language of instruction | Italian |
| Contents | The elements that make up the financial system and the regulatory system. Nature and functions of the financial system. Elements fora theory of financial intermediation. The functions andcharacteristics of the securities. Types, activities and risks typicalof intermediaries. Functions, constraints and management ofequity in the intermediaries. |
| Reference texts | NADOTTI-PORZIO-PREVIATI (a cura di), Economia degliintermediari finanziari, McGraw- Hill, Milano, 2017 3^ edizione (esclusi il cap.9, e il cap. 12). –Textbook for foreigners students: DE HAAN J.- OOSTERLOO S.- SCHOENMAKER D., Financial Markets and Institutions, A European Perspective, CambridgeUniversity, 2013 Edition (ad esclusione di: Chapters 6 and 14, Par.13.6 and Boxes 2.4, 9.4, 11.1, 11.3, 11.4).- Recommended reading for further studyì: FORESTIERI G. - MOTTURA P., Il sistema finanziario, VIedizione, Egea, Milano, 2013.- ONADO M., Economia e regolamentazione del sistemafinanziario, Il Mulino, Bologna, 4th ed. 2016. |
| Educational objectives | This course provides the basic knowledge on the subject ofmarkets, instruments and financial intermediaries. The goal is toteach students to analyze the structural and functional characteristics of financial markets, the types of financialinstruments in relation to the needs of users and the differenttypes of financial intermediaries both viewpoints operational andmanagement, with particular attention to risks they bear. The keyto the interpretation of financial intermediaries is that they evolvein a logic of continuous innovation to support the economy anddevelopment of the countries and citizens. After passing the exam,the student should be able to: understand, evaluate and use the main financial instruments; operate and set properly the relationship with brokers;known functions and objectives of the supervision of intermediaries. |
| Prerequisites | In order to understand the course content and achieve theobjectives of learning for both students attending, and for thosenot attending it is important to know:the basic concepts of political economy and business economics; the basics of reading and analysis of company financial statements; the basics of financial mathematics (interest, discount, present value, amortization schedules);the basic concepts of private law contracts and obligations. |
| Teaching methods | Theoretical lessons and pratical training |
| Other information | Attendance at lessons: Optional but strongly advised Sede:Department of Economics, Via Alessandro Pascoli, Perugia Exam time schedule: See the official calendar of the exams of the Department of Economics |
| Learning verification modality | The assessment test will be only at the end of the course. The objective of the test is the test of his proficiency by the candidate of all the topics included in the course program. The exam will be in written form. The written test takes place in a maximum of one hour and half, It will cover six subjects from those of the whole program of the course. The written exam will be with open answer questions. The final grade will be determined as a sum of the grades for the answers of each item proposed. |
| Extended program | This course provides the basic knowledge on the subject of markets, instruments and financial intermediaries. It will analyze all the elements that characterize the financial system, the system of regulation and supervision and its evolution following the recent crisis. The goal is to analyze the structural and functional characteristics of financial markets, the types of financial instruments in relation to the needs of users and the different types of financial intermediaries, in two viewpoints, operational and management, with particular attention to the risks that they bear. The key to the interpretation of financial intermediaries is that they evolve in a logic of continuous innovation to support the economy and development of countries and citizens. |