CREAZIONE DI VALORE NELLE BANCHE

Degree course: 
Corso di Second cycle degree in ECONOMIA, DIRITTO E FINANZA D’IMPRESA (EDIFI)
Academic year when starting the degree: 
2024/2025
Year: 
1
Academic year in which the course will be held: 
2024/2025
Course type: 
Compulsory subjects, characteristic of the class
Language: 
Italian
Credits: 
6
Period: 
First Semester
Standard lectures hours: 
46
Detail of lecture’s hours: 
Lesson (40 hours), Exercise (6 hours)
Requirements: 

Knowledge of basic items in structure, tasks and regulation of a financial system (intermediaries and markets).

Final Examination: 
Orale

Students are required to take a final exam, in the form of oral examination, based on 5-6 questions about the themes treated during the course and included in the course program. The oral examination is structured in two parts: the first is carried out by an assistant, the second by prof. Locatelli. Depending on the number of candidates, the course lecturer can opt for a written exam (composed by 6 short and 4 long questions). In this case the student can ask for an oral examination.
The esam is aimed at evaluating the level of knowledge, comprehension and critical approach to bank’s management topics, the use of adeguate technical terms, the ability to make connections among the topics treated in the course.
When topics are fully comprised and exposed in an excellent way, using a critical approach and a multidisciplinary view, the lecturer, after the opinion of the commission, can give a laude.
No difference in programme and texts among students actively attending the course and students non attending it.
Anyway, complexity of themes and management tools suggests an active participation of lessons and other teaching activities (seminars).
No other forms of evaluation are programmed.

Assessment: 
Voto Finale

The course gives basic elements about main items, tasks and instruments linked to value creation in banking management.
A student will get a comprehension of basic items in banking management and will be able to give a representation about single management areas and tools that constitute the value creation process for shareholders and other stakeholders. According to the complexity of bank management tools and topics this course aims at giving basic knowledge of banking management. Additional specialistic courses are recommended.
Expected learning result (abilities) can be described as follows:
- understand links between value management objectives and single banking management areas
- understand links between value creation , a bank financial position, profitability and risk generated by main activities and operations
- know and understand relations between management choices and burdens coming from specific regulation
- aknowledge risk consequences deriving from main management choices in a bank
- know and use techinical language and terms used at a international level, particularly English

1. Value creation as a primary management task (8 hours)
1.1 Value creation for shareholders and for stakeholders
1.2. The balance sheet analysis and market performance for a bank. Basic items
1.3 Economic and financial equilibrium
1.4 The links between prudential regulation and management rules

2. A bank as an enterprise: microeconomic themes (4 hours)
2.1. The production process in banks and its economic effects
2.2. Business and legal models in banking; the relationship between banks and territory
2.3 Strategic and technical management for value creation.
3. Banking management as risk management (12 hours)
3.1 Banking risks: categories and measurement techniques
3.2 Financial management and asset and liability management
3.3 Credit risk: definition, measurement and management
3.4 Market risk: definition, measurement and management
3.3 Operational and reputational risks: definition, measurement and management
4. The traditional management areas for a bank (16 hours)
4.1 Funding and liabilities management
4.2 Credit management
4.3 Securities portfolio management
4.4 Liquidity and cash management
4.5 Own funds: structure and connected policies

The extendes program will be published in course page in the e elearning platform

The course is delivered by lectures given by prof. Locatelli and lectures given by prof. Redaelli aimed at delving deeper in some management techniques. Each year, depending on availability of speakers, are organized 1 or 2 seminars (two hours each) given by invited banking managers or experts on specific themes. I.
During lectures and seminars students can discuss with the teacher single topics and receive references on bibliographic sources.

The lecturer meets students weekly except holidays and in august. Students can also send an e-mail and ask for a specific and different date or a distance meeting.
Please see teachers' receiving schedules on the specific web page.