Nessuno

 Programma: Il corso si propone di esaminare le scelte di singoli investimenti da parte di un investitore, i relativi criteri di valutazione e le tecniche operative. L'analisi viene sviluppata sia per il comparto dei titoli obbligazionari, sia per i titoli azionari, sia per gli strumenti derivati inoltre si pone l'obiettivo di esaminare i principi che devono governare le scelte di composizione e di gestione di portafogli finanziari e la misurazione della performance di un portafoglio e la valutazione degli asset managers.

Risultati attesi: acquisire le conoscenze per una corretta analisi degli strumenti finanziari e per l'interpretazione del funzionamento del mercato mobiliare

Lezioni frontali, Esercitazioni, Gruppi di ricerca, Discussioni in aula

Compito scritto a risposta multipla integrabile con esame orale

Lo studente che è disabile, e/o DSA, che intende avvalersi di un intervento individualizzato per lo svolgimento dell'esame, deve contattare l'Ufficio per l'integrazione delle disabilità dell'Università del Salento all'indirizzo paola.martino@unisalento.it

Fabrizi P.L. a cura di, L’economia del mercato mobiliare, Egea, 2016

Economia degli intermediari finanziari - Economia e gestione della banca - Economia del mercato mobiliare

1. Understand the meaning of risk. 2. Understand the role and purpose of risk management. 3. Understand the core elements of the risk management process. 4. Understand the different categories of risk. 5. Understand current trends in risk management. 6. Understand the position of insurance within risk management. 7. Understand the key risk management lessons learnt from major loss events.

Lectures, Research groupworks, Class discussions, Management game. 

Oral exam

The student who is disabled, and or DSA, which intends to make use of an individualized intervention for the conduct of the examination should contact the Disability Integration Office of University of Salento at paola.martino@unisalento.it

1. Understand the meaning of risk

1.1 Explain the difference between risk and uncertainty

1.2 Explain the basics of probability theory

1.3 Discuss risk perception

1.4 Explain the difference between pure and speculative risk

2. Understand the role and purpose of risk management

2.1 Explain the evolution of the discipline of risk management

2.2 Outline the benefits of risk management

3. Understand the different categories of risk

3.1 Define and categorise risk (e.g. various financial, operational, insurance risks, strategic and reputation)

3.2 Discuss difficulties to categorise risks

4.3 Examine the link between cause, events and effects

4. Understand risk management techniques in financial institutions

4.1 Define and categorise risk in financial institutions

4.2 Explain risk management techniques for liquidity risk

4.3 Explain risk management techniques for solvency risk

4.4 Explain risk management techniques for market risk

4.5 Explain risk management techniques for operational risk

5. Understand the position of insurance within risk management

5.1 Explain the role of insurance as a risk transfer mechanism

5.2 Explain the role of an insurance intermediary in supporting risk management

5.3 Discuss alternatives to insurance (captives, alternative risk transfer, self-insurance)

6. Understand the key risk management lessons learnt from major loss events

6.1 Explain why risk management systems can fail

6.2 Explain the consequences of the failure of risk management systems

6.3 Discuss examples of relevant loss events

(Attendants) 

The Economics of Money, Banking, and the Financial Market Part IV

Commercial Banking Risk Management Regulation in the Wake of the Financial Crisis Articles at page 3,35 and 169

The picture of ART Full

(Not attendants)

Financial Institutions Management, a risk management approach. A. Saunders, M. M. Cornett, Sixth edition, Mc Graw Hill.

Nessuno

1. Understand the meaning of risk. 2. Understand the role and purpose of risk management. 3. Understand the core elements of the risk management process. 4. Understand the different categories of risk. 5. Understand current trends in risk management. 6. Understand the position of insurance within risk management. 7. Understand the key risk management lessons learnt from major loss events.

Lectures, Research groupworks, Class discussions, Management game. 

Oral exam

The student who is disabled, and or DSA, which intends to make use of an individualized intervention for the conduct of the examination should contact the Disability Integration Office of University of Salento at paola.martino@unisalento.it

1. Understand the meaning of risk

1.1 Explain the difference between risk and uncertainty

1.2 Explain the basics of probability theory

1.3 Discuss risk perception

1.4 Explain the difference between pure and speculative risk

2. Understand the role and purpose of risk management

2.1 Explain the evolution of the discipline of risk management

2.2 Outline the benefits of risk management

3. Understand the different categories of risk

3.1 Define and categorise risk (e.g. various financial, operational, insurance risks, strategic and reputation)

3.2 Discuss difficulties to categorise risks

4.3 Examine the link between cause, events and effects

4. Understand risk management techniques in financial institutions

4.1 Define and categorise risk in financial institutions

4.2 Explain risk management techniques for liquidity risk

4.3 Explain risk management techniques for solvency risk

4.4 Explain risk management techniques for market risk

4.5 Explain risk management techniques for operational risk

5. Understand the position of insurance within risk management

5.1 Explain the role of insurance as a risk transfer mechanism

5.2 Explain the role of an insurance intermediary in supporting risk management

5.3 Discuss alternatives to insurance (captives, alternative risk transfer, self-insurance)

6. Understand the key risk management lessons learnt from major loss events

6.1 Explain why risk management systems can fail

6.2 Explain the consequences of the failure of risk management systems

6.3 Discuss examples of relevant loss events

(Attendants) 

The Economics of Money, Banking, and the Financial Market Part IV

Commercial Banking Risk Management Regulation in the Wake of the Financial Crisis Articles at page 3,35 and 169

The picture of ART Full

(Not attendants)

Financial Institutions Management, a risk management approach. A. Saunders, M. M. Cornett, Sixth edition, Mc Graw Hill.

Nessuno

 Programma: Il corso si propone di esaminare le scelte di singoli investimenti da parte di un investitore, i relativi criteri di valutazione e le tecniche operative. L'analisi viene sviluppata sia per il comparto dei titoli obbligazionari, sia per i titoli azionari, sia per gli strumenti derivati inoltre si pone l'obiettivo di esaminare i principi che devono governare le scelte di composizione e di gestione di portafogli finanziari e la misurazione della performance di un portafoglio e la valutazione degli asset managers.

Risultati attesi: acquisire le conoscenze per una corretta analisi degli strumenti finanziari e per l'interpretazione del funzionamento del mercato mobiliare

Lezioni frontali, Esercitazioni, Gruppi di ricerca, Discussioni in aula

Compito scritto a risposta multipla integrabile con esame orale

Fabrizi P.L. a cura di, L’economia del mercato mobiliare, Egea, 2016