30148 - MANAGEMENT OF FINANCIAL INSTITUTIONS
CLEAM - BESS-CLES - BIEMF
Department of Finance
Course taught in English
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.
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The banking industry today: players, strategies, and regulation.
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Liabilities management and credit policy in banking: financial instruments and business practices.
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The fundamentals of risk management in modern banking.
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Financial statement analysis and performance measures in banking.
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The insurance industry today: players, strategies and regulation.
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Insurance process and insurance premiums.
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Risk and capital management for insurers.
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Financial statement analysis and performance measures in insurance.
Course Content Summary
Part on Banking
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Liabilities management and funding strategies: deposits, certificates of deposits, bonds and notes.
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Loan characteristics and credit policy: screening, monitoring, and loan portfolio management.
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Cash management and liquidity planning.
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The role of securitization in credit, liquidity, and funding management.
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Capital and risk management.
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Financial statement analysis and performance measurement.
Part on Insurance
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Insurance process and insurance premiums.
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Insurance reserves.
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Risk and capital management for insurers.
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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
Management of Financial Institutions (chapters from T.W. Koch, S. MacDonald, Bank Management, VII Edition), available at Egea bookshop.
A selection of compulsory readings are 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.