• 098470 - FINANCIAL MARKETS AND INSTITUTIONS

The course focuses on financial markets and institutions. In particular, it concentrates on the features, the objectives, the role and the typologies of financial markets, securities and intermediaries. Some lectures will provide insights about the banks P&L, their supervision and regulation and the Banking Union. The course will conclude with some details on corporate governance and the takeover market.

In detail, the lectures of the course will be about:

• Introduction to the financial system
• Flow of funds in the economic system
• Bank monetary function
• The theory of financial intermediation
• Financial markets: an overview and regulation
• Securities: bonds, equity, derivatives, forex
• Securities markets (bonds, equity, derivatives), the Stock market
• The market players
• Banks P&L, economic and financial equilibrium, asset liability management
• Bank supervision, prudential regulation and the Banking Union
• Classification of risks in banking. RAF and ICAAP
• Corporate governance.Takeover regulation
• Introduction to the asset management

• Individual written test. Regular calls:February, July and September
  
• You can re-take the exam as many times as you want but it is mandatory to formally reject the previous grade

The textbook has been created for this course. It will be available in the libraries near Bovisa campus