The course aims to deepen the understanding of the criteria and methodologies for the analysis of financial balance and solvency. Students will acquire skills and abilities to identify problems and make appropriate choices in the financial management of enterprises. The theme is contextualized within the institutional framework of the Basel Accords which altered bank-firm relationships and implied incentives to raise the quality of credit relations.
At the end of the course students will have acquired
1) the knowledge required to understand and describe in detail the concept of financial equilibrium as a condition for firm competitiveness on capital markets;
2) knowledge of methodologies for the analysis and monitoring of financial management;
3) knowledge of working methods for the analysis of the financial profile of company management and how to critically evaluate, with independent judgment, the degree of potential stability of firms in relation to adverse dynamics of the economic cycle and market conditions and the resulting degree of creditworthiness;
4) the ability to plan and monitor growth paths and critically assessing financial sustainability using independent judgment;
5) knowledge of financial theory guidelines for the optimization of choice in the use of capital and the ability to apply methodologies for the analysis of performance in terms of value creation;
6) communication skills with company and bank management in the analysis of financial statements and business plans for the evaluation of creditworthiness.