Course 2011-2012 a.y.

30148 - MANAGEMENT OF FINANCIAL INSTITUTIONS


CLEAM - CLES-BESS - BIEMF
Department of Finance

Course taught in English


Go to class group/s: 31 - 32

CLEAM (6 credits - I sem. - OP  |  SECS-P/11) - CLES-BESS (6 credits - I sem. - OP  |  SECS-P/11) - BIEMF (6 credits - I sem. - OBCUR  |  SECS-P/11)
Course Director:
BRUNELLA BRUNO

Classes: 31 (I sem.) - 32 (I sem.)
Instructors:
Class 31: BRUNELLA BRUNO, Class 32: BRUNELLA BRUNO


Course Objectives

The course aims at analyzing the main issues of financial institutions management, with a major focus on banking and insurance. Namely, the analysis is carried out along the following streams.

  • The banking industry today: players, strategies, and regulation.
  • Liabilities management and credit policy in banking: financial instruments and business practices.
  • Banking business and financial risks.
  • The fundamentals of risk management in modern banking.
  • Financial statement analysis and performance measures in banking.
  • The insurance industry today: players, strategies and regulation.
  • Insurance process and insurance premiums.
  • Risk and capital management for insurers.
  • Financial statement analysis and performance measures in insurance.

Course Content Summary

Part I. Banking

  • Liabilities management and funding strategies: deposits, certificates of deposits, bonds and notes.
  • Loan characteristics and credit policy: screening, monitoring, and loan portfolio management.
  • Cash management and liquidity planning.
  • The role of securitization in credit, liquidity, and funding management.
  • Capital and risk management.
  • Financial statement analysis and performance measurement.

Part II. Insurance

  • Insurance process and insurance premiums.
  • Insurance reserves.
  • Risk and capital management for insurers.
  • Financial statement analysis and performance measurement.

Detailed Description of Assessment Methods

Exams are written, in-class, closed book and closed notes and cover all the topics discussed during the course. Students have the possibility to do a (written) partial exam.


Textbooks

T.W. KOCH, S.S. MACDONALD, Bank Management, South-Western 2010 (VII Edition)

A selection of compulsory readings is also available at the course web page.


Prerequisites

Students attending this course should be familiar with the concepts learnt in the following courses: Financial markets and institutions, Financial mathematics, Statistics.

Last change 03/05/2011 14:41