01645 - Financial Institutions Management

Course Unit Page

  • Teacher Stefano Cenni

  • Credits 8

  • SSD SECS-P/11

  • Teaching Mode Traditional lectures

  • Language Italian

  • Course Timetable from Sep 19, 2018 to Dec 05, 2018

Academic Year 2018/2019

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.


A. Ferrari ed al., Il sistema finanziario: funzioni, mercati e intermediari, Torino, Giappichelli, sesta edizione, 2018.

A. Ferrari ed al., Strumenti e prodotti finanziari: bisogni di investimento, finanziamento, pagamento e gestione dei rischi, Torino, Giappichelli, seconda edizione, 2017.

Teaching methods


Assessment methods

The exam consists of a written test (in Italian), which is divided into questions, exercises 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 other courses in financial institutions taught in English.

Teaching tools

Slides and other readings on the course web page.

Office hours

See the website of Stefano Cenni