Unit SYSTEMS AND FINANCIAL SERVICIES FOR TOURISM BUSINESSES

Course
Economics of tourism
Study-unit Code
20099209
Location
ASSISI
Curriculum
In all curricula
Teacher
Manuela Gallo
Teachers
  • Manuela Gallo
Hours
  • 42 ore - Manuela Gallo
CFU
6
Course Regulation
Coorte 2020
Offered
2022/23
Learning activities
Caratterizzante
Area
Aziendale
Academic discipline
SECS-P/11
Type of study-unit
Obbligatorio (Required)
Type of learning activities
Attività formativa monodisciplinare
Language of instruction
Italian
Contents
After a first part of introduction to markets and financial instruments, the course aims to describe the most important financial and credit instruments: payment instruments; investment and financing instruments; financial instruments for risk management. A particular focus is made on the tourist industry.A monographic part is dedicated to the financing of start-ups and in particular of start-ups in the tourism sector.
Reference texts
Munari L., Strumenti finanziari e creditizi, McGraw Hill, Milano, 2015.

Nadotti L. (a cura di), Progettazione e finanziamento delle imprese startup, ISEDI 2014.
Educational objectives
The objective of this course is to provide a conceptual framework for taking decisions on financial and credit instruments. It starts from and analysis of the characteristics of the most widespread financial and credit instruments and highlights the needs that each product can satisfy. A focus is made on the startups' financing needs.
Prerequisites
None
Teaching methods
The teaching methodology combines frontal lessons with practical exercises.
Other information
None
Learning verification modality
Written exam with open answer questions + Oral exam

The written exam lasts 1 hour and it focuses on questions related to the topics covered in class. It is designed to test the student's ability to argue in writing and with a proper language the topics under study, both in terms of the theory that the practical implications.

The oral exam lasts about 15 minutes and focuses on one or two questions on matters related to the program of study; It aims to evaluate the student communication skills and the student mastery of the topics covered.
Extended program
Payment instruments
1) Money and payment needs
2) Payment instruments
3) Payment instruments in the international trade

Investment and financing needs and tools

4) The investment needs and the objectives of the financial surplus units
5) The financing needs and the demand for financial instruments by firms
6) Bank deposits
7) Italian government bonds (government bonds)
8) Mutual funds and SICAV
9) Equity securities 10) Short-term financing instruments
11) Factoring
12) Short-term debt instruments by firms
13) The financing of medium-long term needs
14) Corporate bonds
15) Consumer credit

Risk management needs and tools
16) Speculative risks and related hedging and management problems
17) Derivative instruments
18) Pure risks and insurance instruments.

Innovative financial Instruments for startups
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