2019/2020

2020/2021

DM270

SECS-P/11 (ECONOMICS OF FINANCIAL INTERMEDIARIES)

DEPARTMENT OF ECONOMICS AND MANAGEMENT

BUSINESS ADMINISTRATION, CONTROL AND CORPORATE FINANCE

PERCORSO COMUNE

2°

2nd semester (22/02/2021 - 22/05/2021)

9

66 lesson hours

Italian

WRITTEN TEST

TANDA ALESSANDRA (titolare) - 8 ECTS
BAGNA EMANUEL - 1 ECTS

None, but a comprehension of the basic mechanisms at micro and macro economic level, as well as fundaments of business&management can favour the learning of the topics covered during classes.

Know the functioning and the motivations of the existence of the financial system and its main components (financial intermediaries, markets and instruments).
Know the mechanisms at the basis of the regulatory and supervisory systems as well as the motivations behind these.
Acquire the terminology and vocabulary specific of the economics of financial intermediaries.
Be able to distinguish among the various types of financial intermediation activities. Additionally, be able to describe the different instruments, also in relation to the risks involved in a specific financial instrument.

The course aims at analysing the role and the characteristics of the financial system (with special reference to the Italian one), the reasons for the existence of the various types of financial intermediaries (banks, insurance companies, institutional investors) and the functions delivered by these subjects within the financial system. It analyses, in particular, the evolution of the activities performed by the credit institutions (first 6 CFU).
Additionally, the course aims at analysing the topics of regulation and supervision of the financial system and of their evolution. Major attention is devoted to the analysis of the main risks of financial intermediaries and the instruments available for their measurement and management..
More in detail the course will cover the following topics:
-The functions of the financial system
-The financial markets
-Financial intermediation
-The various types of financial intermediaries
-The activity of credit institutions
-The regulation of the financial industry
-The financial and economic profile of financial intermediaries
-Risks and their management by financial intermediaries.

Lecture with discussion with students.
Additional seminars might be arranged.

Frontal lessons will be organised if permitted by the health situation;
alternatively, the lessons/exercises will be carried out only partially in presence, allowing students who are not present to benefit from the lessons/exercises by means of IT tools.

Forestieri G., Mottura P., Il sistema finanziario, Milano, Egea, Settima edizione

Written exam with 15 multiple choices and 2 open-answer questions.
The overall points assigned to the tests amount to 31 points (corresponding to a grade equal to 30Lode).
The exam lasts 1 hour and 15 minutes. No material is allowed during the exam (but the calculator).
Grades will be published through the University system.
No other forms of evaluation are possible.