Banking and asset management

Readings and class discussions on banking, banking techniques, interest rate and derivatives management, credit selection, financial instruments and markets (traditional and new), competition issues and prudential regulation of Banks in Europe; Case studies on bank management, trade finance international loan syndication.

To expose students to the principles and techniques of banking and bank management issues, financial markets, and the role of banks in financial markets. A particular emphasis is given to the central importance of interest rates, actualisation techniques and derivatives in banking services. The course will also expose students to the main trends influencing the international and the European financial services industry, and aims at prepare them to work for banks/investment banks, as well as to give well the background needed to deal with banks from a corporate client's point of view.

Class teaching, Readings, class discussions, Case studies.

References, bibliography, and recommended reading

Spufford, Power and Profit, the Merchant in Medieval Europe. Fabozzi, Modigliani, Jones, Ferri, Foundations of Financial Markets and Institutions (FFMI), Prentice Hall, 3rd edition, 2001. Dewatripont, Rochet and Tirole, Balancing the Banks, Princeton, 2010. Bessis, Risk Management in Banking (RMB), John Wiley & Sons, 1998. Meir Kohn, Financial Institutions and Markets, Oxford University Press, 2nd edition, 2004. Hull, Options, Futures, and Other Derivatives, 4th editions, Prentice Hall. Tuckman Bruce, Fixed Income Securities, 2nd edition, Wiley Finance, 2002. Jarrow R. and S. Turnbull, "Derivative Securities", second edition (2000), South-Western College Publishing. Various readings are provided on website.

Method(s) of evaluation

• Other

Other

written + oral exam, + appreciation of class participation and case studies discussions

Mark calculation method (including weighting of intermediary marks)

class participation, particularly during case discussions can influence positively the grades

Language(s) of evaluation

• english