2023/2024
Bank Management
Type:
Mago-Lego
Delivered by:
Department of Finance
When:
4 module
Open to:
students of one campus
Instructors:
Giuseppe Orlando
Language:
English
ECTS credits:
3
Contact hours:
32
Course Syllabus
Abstract
This is an intermediate banking course for the BAc Finance and Economics programme students. The course is also included in the University of London International Programme. The course is taught in English and is mandatory. The course aims to provide insights into financial economics, economics of banking, its role in the economy, and practical risk management issues. This course introduces the main models and surveys the basic literature on financial economics and financial intermediation. Utilising the tools of general microeconomic theory for problems of financial theory demonstrates the convergence of the two disciplines. The course underlines the distinctions between models based on symmetric information and competitive market and models that use the assumption of asymmetric information and contractual relationships. Under symmetric information assumption there is no need for financial intermediation and banks are unable to earn non-zero profit. Prices are determined by the competitive market and each agent decide on assets allocation to maximize expected utility. In this framework the models of asset pricing are considered. If information is asymmetric the market allocation is no longer optimal. Financial intermediaries that enable loan and deposit contracts can provide better opportunities in that case. The role of banks in the economy is described and emphasised with the services provided by banks to investors and firms, namely liquidity insurance and delegated monitoring. The unit structure includes themes about most important issues on bank management, bank regulation, and development of financial markets.
Learning Objectives
- After mastering this course, the students will gain substantial knowledge about the management of banks and financial institutions and will be able to apply the models in solving real life problems in banking and finance.
Expected Learning Outcomes
- Describe the principles of banking management and its methodology
- Identify and apply the modern tools of financial institutions management
- Recognize and implement the correct tools of financial management for complex financial problems from the side of a financial institution
- Formulate and design financial institutions management strategies
- Assess, justify and evaluate the validity of banking management strategies
Course Contents
- Lecture 1: Introduction to Financial Markets
- Lecture 2:The Financial Institutions
- Lecture 3: Central Bank, Monetary Policy and International Finance
- Lecture 4: Risk Management of Banks and Financial Institutions I
- Lecture 5: Risk Management of Banks and Financial Institutions II
Interim Assessment
- 2023/2024 4th module0.2 * Case Study + 0.1 * Class Participation + 0.4 * Final Examination + 0.3 * Homework
Bibliography
Recommended Core Bibliography
- Mishkin, F. S. . V. (DE-588)123920108, (DE-627)085524662, (DE-576)162252730, aut. (2019). The economics of money, banking, and financial markets Frederic S. Mishkin. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.1067357963
Recommended Additional Bibliography
- Beck, T., Demirguc-Kunt, A., & Levine, R. (2009). Financial institutions and markets across countries and over time - data and analysis. Policy Research Working Paper Series. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.p.wbk.wbrwps.4943