Learning objectives
THE EDUCATIONAL GOAL OF THE COURSE IS TO CONVEY THE MEANING AND THE FUNCTIONS OF THE CHARACTERISTICS OF FINANCIAL, CREDIT, PAYMENT AND INSURANCE INSTRUMENTS. THE FUNDAMENTAL AIM IS NOT TO PRESENT A DETAILED DESCRIPTION OF THE MOST WIDESPREAD INSTRUMENTS USED IN ITALY BUT TO DEVELOP THE CAPACITY OF THE STUDENTS TO UNDERSTAND THE REASONS WHY THEY WERE DEVISED AND LAUNCHED ON THE MARKET, AND HENCE TO UNDERSTAND THE NEEDS THEY FULFIL, THE ELEMENTS THAT DIFFERENTIATE THEM, THE CAUSES OF SUCH DIFFERENTIATIONS, AND THE LOGICAL MODELS TO BE USED FOR EVALUATING THEM IN TERMS OF FINANCIAL ADVANTAGE. AT THE END OF THE COURSE, THE STUDENTS SHOULD HAVE ACQUIRED A METHOD FOR ORIENTING THEMSELVES AS REGARDS THE INTERPRETATION AND EVALUATION (FROM THE LOGICAL POINT OF VIEW) OF FINANCIAL, BANKING, PAYMENT AND INSURANCE INSTRUMENTS (NOT ONLY THOSE ALREADY EXISTING, BUT ALSO ANY INNOVATIONS THEY MIGHT COME ACROSS WHILE CARRYING OUT THEIR PROFESSIONAL ACTIVITIES) IN ORDER TO BE ABLE TO USE THEM TO FULFIL THEIR OWN FINANCIAL NEEDS AND REQUIREMENTS AND THOSE OF THE ENTERPRISES IN WHICH THEY WILL BE CALLED UPON TO OPERATE.
Prerequisites
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Course unit content
THE NEEDS AND INSTRUMENTS OF PAYMENT CURRENCY AND NEEDS OF PAYMENT THE INSTRUMENTS OF PAYMENT THE INSTRUMENTS OF PAYMENT IN INTERNATIONAL COMMERCE THE NEEDS AND INSTRUMENTS OF INVESTMENT/FINANCING THE NEEDS OF INVESTMENT AND THE OBJECTIVES OF UNITS IN FINANCIAL SURPLUS THE NEEDS OF FINANCING AND CORPORATE DEMAND FOR FINANCIAL INSTRUMENTS BANK AND POSTAL DEPOSITS GOVERNMENT BONDS COMMON FUNDS AND SICAV FUNDS STOCKS AND SHARES THE INSTRUMENTS OF SHORT-TERM CORPORATE FINANCING FACTORING ENDORSEMENT CREDITS AND DIRECT SHORT-TERM SELF-FINANCING INSTRUMENTS FOR COMPANIES MEDIUM-TO-LONG TERM CORPORATE FINANCING INSTRUMENTS. RISK MANAGEMENT NEEDS AND INSTRUMENTS SPECULATIVE RISKS AND RELATIVE COVER PROBLEMS DERIVATIVE INSTRUMENTS PURE RISKS AND INSURANCE INSTRUMENTS
Full programme
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Bibliography
TEXT BOOK L.MUNARI (CURA DI), GLI STRUMENTI FINANZIARI E CREDITIZI: DAI BISOGNI ALLE SOLUZIONI, MCGRAW-HILL, 2006.
Teaching methods
<br />The course includes traditional lectures, practical activities and discussions in the classroom with the students.<br />The learning progress of the students is assessed through a written examination with open answers (the student may also request to take the examination in oral form).
Assessment methods and criteria
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Other information
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