ECONOMIA DEGLI INTERMEDIARI FINANZIARI
- Overview
- Assessment methods
- Learning objectives
- Contents
- Full programme
- Delivery method
- Teaching methods
- Contacts/Info
Attending the course is easier for students with basic knowledge of management, micro and macroeconomics, financial maths, private and commercial law.
The final exam will be oral (face-to-face examination), and it will take about 30 mins.
Mid-term exams (in presence) are also scheduled.
The first mid-term exam (end October), that covers topics referred to Part I of the course program: it lasts 40 minutes to solve 4 questions. The second intermediate exam will cover topics referred to Part II. The exam can be accessed only if the first exam is not failed (i.e., score at least 18 out of 30 points) and it consists of an oral exam, that will take about 15 minutes.
In the case of remote exams, the structure will be the following:
- the final exam will be oral, via Microsoft Teams;
- the first mid-term exam will be an online quiz via the e-learning platform, composed by 12 “closed-ended questions” to be solved in 24 minutes. In the case of positive mid-term result (at least 18 points over 30), student may access to the second intermediate exam at the end of semester, covering topics included in Part II of the course program. The second intermediate exam will be oral, as described above.
The final grade will be the average of Part I’s score and Part II’s score.
There is no difference in course and exam program between attending and non-attending students.
No other forms of evaluation can be applied.
The course gives basic elements about the structure and the functioning of markets and financial intermediaries. Specific topics also relate to structure, activities, and operational tools of banking, insurance, and markets intermediaries, and basic elements for securities’ valuation as well. The course gives also basic information about costs and yield of financial instruments, banking and insurance contracts and financial market operations.
After attending the course, the student will be able to:
- describe and analyze different functions of financial markets and intermediaries and linkages among them;
- detect and describe main differences among financial contracts (banking, insurance and pensions, and market instruments) and their linkage to families and firms’ financial needs;
- describe operating activities, revenues and costs for banks, insurance companies and other financial intermediaries (e.g., asset management firms, specialized financial and credit intermediaries);
- describe and analyze objectives and activities of regulation and supervision on financial intermediaries and markets.
Moreover, at the end of the course the student will be able to:
- understand and use main financial technical terms. The student will be
able to understand, summarize and critically evaluate specific literature and financial news on fundamental financial topics.
- evaluate risk and return of simple financial securities and understand main topics on the functioning of financial system (risks and performance drivers).
Part I - The financial system: functions, intermediaries, markets, and regulation (40 hours).
1. Main functions of the financial system (8 hours)
2. Financial contracts and risks related to banking and financial intermediation (4 hours)
3. Intermediation function (12 hours)
4. Money and payment systems (2 hours)
5. Transmission mechanism of monetary policy (some remarks) (2 hours)
6. Financial markets: some definitions (3 hours)
7. Financial intermediaries (6 hours)
8. Regulation and supervision (3 hours)
Part II – Selected topics on banking (10 hours)
Some relevant issues regarding financial intermediaries’ management will be examined in depth.
A detailed timetable for lessons and topics will be published in the course e-learning page (https://elearning3.uninsubria.it).
See the section “Contents".
The course will have face-to-face lessons and broadcasted live, unless otherwise indicated on the University website. The students enrolled in the course in Como can also participate distance live via Microsoft Teams from the Sant’Abbondio’s building.
THE LECTURER HAS NOT DELIVERED NOR AUTHORIZED NOTES OR RECORDING OF LESSONS OR SUMMARIES.
In the e-learning page students will find slides and other online materials. In the final page of each group of slides, a list of main topics and some questions for checking exam preparation are reported. Seminars and other initiatives on specific topics in the course could be organized.
In the e-learning page students will find a simulation of the examination test, for their self-evaluation. These results will not be evaluated by the teacher.
The lecturer meets students weekly, except holidays and in August. Please refer to teacher’s web page for timetable.