00041L - FINANCIAL MARKET AND INSTITUTIONS

LEARNINGS OBJECTIVES The aim of the course is to provide students a thorough understanding of the financial system and its role in the economy, its organizational structures, and the main financial products supplied. The following main topics are covered: • financial markets, and their different branches i.e. the bond, stock and derivatives markets; • management of the financial intermediaries. By the end of this course, the student will have become familiar with the analytical and theoretical instruments needed for understanding how the financial system operates as a whole and the different activities carried out by market participants. In addition, the student can be expected understanding the nature and the characteristics of bank contracts; the technical aspects of the process of sourcing funding, with a distinction made between retail and wholesale funding; the means for evaluating the creditworthiness of bank customers, and therefore, the technical aspects of financing transactions; and the array of banking services offered to customers, considering the growing importance that such services have taken on in banking in recent years. LEARNING OUTCOMES At the end of the course the students will be able to: - identify the main issues emerging from the evolution of the financial system (knowledge and understanding); - apply the essential analysis tools to give an expert account (knowledge and skills) of understanding applied); - develop an autonomous speech on the theme of the structural and functional dimension of the financial system and of the conduct of the main actors (autonomy of judgment); - leverage the different transversal skills developed, to activate knowledge acquired in professional contexts and for different purposes (communication skills and of different nature).