Financial Markets and Institutions (Market Regulation)

ECONOMICS Financial Markets and Institutions (Market Regulation)

0222200041
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
EQF7
ECONOMICS
2017/2018

YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2016
PRIMO SEMESTRE
CFUHOURSACTIVITY
1060LESSONS
Objectives
THOROUGH UNDERSTANDING OF FINANCIAL MARKETS AND INSTITUTIONS WITH FOCUS ON REGULATION

DUBLIN DESCRIPTORS
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KNOWLEDGE AND UNDERSTANDING

BASIC UNDERSTANDING OF FINANCIAL MARKETS, THEIR INSTITUTIONS AND BOTH REGULATIONS AND QUANTITATIVE MODELS GOVERNING THEM.

APPLYING KNOWLEDGE AND UNDERSTANDING

ASSESSING THE RISK-RETURN PROFILE OF MARKET INSTRUMENTS AND UNDERSTANDING THE MICROSTRUCTURE AND THE FEATURES OF MARKET CENTRES.
APPLYING THEORETICAL MODELS TO SPECIFIC MARKETS AND INSTRUMENTS.

MAKING JUDGEMENTS

ASSESSING STRENGTH AND WEAKNESS OF FINANCIAL INSTRUMENTS, AND MARKET ARBITRAGE OPPORTUNITIES ENGENDERED BY REGULATION OR MICROSTRUCTURE.

COMMUNICATION SKILLS

STUDENTS WILL BE ABLE TO COMMUNICATE MARKET AND CONTRACT FEATURES TO BOTH PROFESSIONAL AND NON-PROFESSIONAL AUDIENCES. THEY WILL BE ABLE TO PRESENT MODEL FEATURES TO A PROFESSIONAL AUDIENCE.

LEARNING SKILLS

ABILITY TO APPROACH REAL INSTRUMENTS AND MARKETS, PROPOSING INVESTMENT SOLUTIONS AND SELECTING AMONG ALTERNATIVE RISK MANAGEMENT MODELS.

Prerequisites
INTERMEDIATE STATISTICS AND CALCULUS
Contents
FINANCIAL SYSTEM AND REGULATION
FINANCIAL MARKETS
FINANCIAL INSTITUTIONS
FINANCIAL INSTRUMENTS
ASSET PRICING MODELS
DERIVATIVE INSTRUMENTS
PORTFOLIO OPTIMIZATION
FINANCIAL MODELLING WITH R
Teaching Methods
LECTURES + LABS
Verification of learning
EXAMINATIONS CONSIST IN A WRITTEN TEST. THE TIME FOR COMPLETING THE TEST IS ONE HOUR. THE TEST CONSISTS OF MULTIPLE-CHOICE QUESTIONS, WHICH ALSO INVOLVE READING COMPREHENSION OF SHORT PASSAGES PROVIDED BY THE INSTRUCTOR.

TEST OUTCOMES ARE DISCUSSED WITH THE INSTRUCTOR THE SAME DAY, IF TIME ALLOWS. EACH ANSWER IS ATTRIBUTED A SCORE. THE TOTAL SCORE IS MAPPED INTO A FINAL STUDENT GRADE. THE MAPPING PROCEDURE TAKES INTO ACCOUNT THE SCORE QUANTILE AND POSSIBLE PARTICIPATION TO CLASS PROJECTS. STUDENTS MIGHT PICK QUESTIONS FROM A SET VARYING FROM FROM 10 TO 20.

THE MAPPING METHODOLOGY IS ILLUSTRATED THE FIRST DAY OF THE SECOND COURSE WEEK AND IT IS ALSO AVAILABLE IN DETAILS ON COURSE WEBISTE.

Texts
FOR TEXTBOOKS AND OTHER LEARNING MATERIALS REFER TO:
HTTP://ANTONIOFASANO.WORDPRESS.COM/COURSES/

REFERENCE TEXTBOOKS
SAUNDERS, CORNETT - FINANCIAL INSTITUTIONS MANAGEMENT: A RISK MANAGEMENT APPROACH - MCGRAW-HILL.

BERLINGER ET AL. - INTRODUCTION TO R FOR QUANTITATIVE FINANCE - PACKT PUBLISHING
More Information
YOU ARE REQUIRED TO CONSULT THE COURSE WEB PAGE AVAILABLE HERE:
HTTP://ANTONIOFASANO.WORDPRESS.COM/COURSES/
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