Learning objectives
At the end of the course students will acquire:
1.the knowledge necessary to understand the principles of bank management, its risks, the conditions of the economic and financial equilibrium of a bank, the evolution of the Italian banking system and the complex impact of fintech on banking;
2.the ability to apply knowledge in order to solve bank management problems;
3.the ability to define the aims of a bank and to undertake the decisions to reach them;
4.team working and the ability to communicate.
Prerequisites
Students are suggested to pass Financial Markets and Institutions before attending this course
Course unit content
The course illustrates the conditions of the economic and financial equilibrium of Italian banks, analyzing their strategic positioning, managerial policies and competitive strategies. The second part of the course deals with the FinTech challenge.
Full programme
1) Banking regulation and supervision. 2) Organizational Structure of banks. 3) The Financial Services Distribution Channel Model. 4) The bank balance sheet. 5) Risk Management in Banking. 6) Conflicts of Interest in the Financial Services Industry. 7) Credit Securitization. 8) Financial crisis. 9) Future of FinTech and Banking. 10) E-Money and virtual currencies. 11) The Evolution of online banking. 11) Crowdfunding. 12) Social lending. 13) Comparators and robo advisors.
Bibliography
The reading material will be indicated during the course.
Teaching methods
Lectures and seminars.
Knowledge and understanding: traditional lessons and seminars
Applying knowledge and understanding: seminars.
Making judgments: students will be induced to judge strength and weakness of the Fintech Era.
Learning skills: every topic will be discussed beginning from the illustration of the problem and then analyzing the given solution.
Communication skills: the meaning of each term used by the financial community will be explained
Assessment methods and criteria
Written examination.
The knowledge of the topics of the course will be find out by 5 open questions, each evaluated up to 6 marks.
The written exam could be replaced with in itinere tests (partial written exams) during the course.
Other information
Additional seminars on topics covered in the course may be held according to the availability of external specialists.
See the professor’s webpage (Elly) for supplementary material, including material for the preparation of the exam.
