- Docente: Simona Cosma
- Credits: 6
- SSD: SECS-P/11
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Applied Economics and Markets (cod. 5969)
Learning outcomes
At the end of the course the student has a sound knowledge of the financial products traded in the market, the differences among them, and the reasons why they were introduced in the market. The products range from standard bonds and stocks, to derivatives and structured finance products. The student has knowledge of the main agents trading in the market, as fund raisers or investors, as well as financial intermediaries.
Course contents
Financial instruments and Institutions
Risk measurement and assessment:
Interest risk
Liquidity risk
Market risk
Credit risk
Operational risk
Non traditional risk
Derivatives: Futures, Swaps, Options, CDS
Readings/Bibliography
Hull J., 2023, Options, Futures, and Other Derivatives, Pearson.
Resti A, Sironi A., 2007, Risk Management and Shareholders' Value in Banking: From Risk Measurement Models to Capital Allocation Policies
Teaching methods
Lectures, exercises, cases and reading with discussion
Assessment methods
The exam consists of a written test, where you will be asked to show that you can apply what was developed in the lessons.
In detail, the written exam is divided into three parts lasting up to 60 minutes: a first composed of multiple choice questions (mix of theoretical questions and simple exercises), a second part of one exercise and a third part with an open question.
The final grade is obtained as sum of the results of the three parts: 33 is max grade (30 e lode)
Teaching tools
Excel, wooclap, internet, case
Office hours
See the website of Simona Cosma
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.