ID:
ECO0147
Durata (ore):
40
CFU:
6
SSD:
ECONOMIA DEGLI INTERMEDIARI FINANZIARI
Anno:
2024
Dati Generali
Periodo di attività
Primo Semestre (30/09/2024 - 21/12/2024)
Syllabus
Obiettivi Formativi
The course analyzes major topics related to corporate financing (financial markets and intermediaries).
The topics are analyzed using both the firms’ perspective and the banks/lenders one.
Learning Outcomes:
At the end of the course students will be able to know and understand the main economic and financial variables used to evaluate different type of funding and their impact on firms’ capital structure.
Moreover, they should be able to make a judgment related to the acceptability of financing decisions and their impact on firm’s value and its risk exposure.
The topics are analyzed using both the firms’ perspective and the banks/lenders one.
Learning Outcomes:
At the end of the course students will be able to know and understand the main economic and financial variables used to evaluate different type of funding and their impact on firms’ capital structure.
Moreover, they should be able to make a judgment related to the acceptability of financing decisions and their impact on firm’s value and its risk exposure.
Prerequisiti
There are no explicit prerequisites.
Metodi didattici
Teaching lessons and exercises. The total amount of hours delivered in class is equal to 40.
The lessons and exercises will be conducted in person. Teaching will alternate between lessons and exercises, covering both theoretical concepts and practical applications through case studies and examples.
The lessons and exercises will be conducted in person. Teaching will alternate between lessons and exercises, covering both theoretical concepts and practical applications through case studies and examples.
Verifica Apprendimento
Attending students:
A group work/assignment to be presented in class is mandatory. Further details will be available on e-learning platform at the beginning of the course.
The final evaluation is a weighted average of assignment’s score (30%) and a “short” written test’s score (70%). The test is composed of 1 question (up to 4 points, weight equal to 20% of the score), 2 exercises (up to 10 points, 50%) and 4 multiple choice questions (up to 6 points, 30%). The “short” written test takes one hour.
Not attending students:
The final evaluation will be based on a “regular” written test, which takes an hour and a half, with 3 questions (up to 9 points, weight is about 25% of the score), 3 exercises (up to 15 points, 40%) and 8 multiple-choice questions (up to 12 points, 35%).
All scores will be rebased on 30 points.
For passing the exam is necessary to achieve a score of at least 18 points over 30. If the student got the maximum score (30 over 30 points), he/she will be awarded a final score of 30 over 30 cum laude.
Mid-term exams are not scheduled.
A group work/assignment to be presented in class is mandatory. Further details will be available on e-learning platform at the beginning of the course.
The final evaluation is a weighted average of assignment’s score (30%) and a “short” written test’s score (70%). The test is composed of 1 question (up to 4 points, weight equal to 20% of the score), 2 exercises (up to 10 points, 50%) and 4 multiple choice questions (up to 6 points, 30%). The “short” written test takes one hour.
Not attending students:
The final evaluation will be based on a “regular” written test, which takes an hour and a half, with 3 questions (up to 9 points, weight is about 25% of the score), 3 exercises (up to 15 points, 40%) and 8 multiple-choice questions (up to 12 points, 35%).
All scores will be rebased on 30 points.
For passing the exam is necessary to achieve a score of at least 18 points over 30. If the student got the maximum score (30 over 30 points), he/she will be awarded a final score of 30 over 30 cum laude.
Mid-term exams are not scheduled.
Contenuti
A) FINANCIAL INSTRUMENTS, INTERMEDIARIES AND MARKETS (about 26 hours)
Introduction and overview of corporate financing (about 2 hours)
The role of financial intermediaries and markets (about 2 hours)
Interest rates and securities valuation (about 8 hours)
How financial intermediaries and markets evaluate firms (about 6 hours)
Securities markets: Money and bond markets; Equity markets (about 2 hours)
Derivative securities markets (about 2 hours)
Financial risk management (4 hours)
B) CORPORATE BANKING AND CORPORATE FINANCE (about 8 hours)
Investments’ valuation (about 4 hours)
The estimation of cash-flows (about 2 hours)
Firms’ financial structure and the impact on firms’ valuation (about 2 hours)
C) GROUP’ ASSIGNMENTS (about 6 hours)
The assignment will be based on main topics covered in class.
Introduction and overview of corporate financing (about 2 hours)
The role of financial intermediaries and markets (about 2 hours)
Interest rates and securities valuation (about 8 hours)
How financial intermediaries and markets evaluate firms (about 6 hours)
Securities markets: Money and bond markets; Equity markets (about 2 hours)
Derivative securities markets (about 2 hours)
Financial risk management (4 hours)
B) CORPORATE BANKING AND CORPORATE FINANCE (about 8 hours)
Investments’ valuation (about 4 hours)
The estimation of cash-flows (about 2 hours)
Firms’ financial structure and the impact on firms’ valuation (about 2 hours)
C) GROUP’ ASSIGNMENTS (about 6 hours)
The assignment will be based on main topics covered in class.
Lingua Insegnamento
English
Altre informazioni
Office Hours: Room #P1.045, first floor, Department of Economics, Via Monte Generoso, 71 – Varese.
Office hours are available both in person and remotely via Microsoft Teams. For the most up-to-date schedule, please visit the teacher’s webpage at (https://uninsubria.unifind.cineca.it/get/person/000580). Please note that reservation is always required.
Office hours are available both in person and remotely via Microsoft Teams. For the most up-to-date schedule, please visit the teacher’s webpage at (https://uninsubria.unifind.cineca.it/get/person/000580). Please note that reservation is always required.
Corsi
Corsi
GLOBAL ENTREPRENEURSHIP ECONOMICS AND MANAGEMENT (GEEM)
Laurea Magistrale
2 anni
No Results Found
Persone
Persone (2)
No Results Found