- Docente: Stefano Cenni
- Credits: 8
- SSD: SECS-P/11
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: First cycle degree programme (L) in Business Administration (cod. 8871)
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from Sep 15, 2025 to Dec 12, 2025
Learning outcomes
This course will help you understand the role that financial institutions and markets play in the business environment and the connection between financial markets, financial institutions and the economy.
Course contents
Overview of financial institutions and markets.
Determinants of interest rates and security valuation.
Monetary policy in the Euro area.
Money markets, bond markets, mortgage markets, stock markets, derivative securites markets.
Commercial bank management and regulation.
Other financial institutions: insurance companies, securities firms, mutual funds, pension funds.
Readings/Bibliography
Ferrari Andrea ed al., Il sistema finanziario: funzioni, mercati e intermediari, VIII ed., Giappichelli, Torino, 2024, ISBN 9791221109207 (midterm)
Ferrari Andrea ed al., Strumenti, prodotti e servizi finanziari. Bisogni di investimento, finanziamento, pagamento e gestione dei rischi, III ed., Giappichelli, Torino, 2021, ISBN 9788892141346 (final exam)
Teaching methods
Lectures.
Assessment methods
The exam consists of a written test (in Italian), which is divided into questions, exercises with a business calculator or Excel and tests on the various topics of the course.
Hint: if you don't have a good command of the Italian language please do not pick this course, there are others taught in English.
Teaching tools
Slides and other readings on the course web page.
Office hours
See the website of Stefano Cenni
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.