FIN-420 / 4 credits

Teacher: Fuster Andreas

Language: English


Summary

This course provides a theoretical and practical overview of what financial institutions do, how they manage their risks, and how they are regulated. The course also discusses the causes and effects of financial crises, and how financial intermediation is affected by technological innovation.

Content

Keywords

Banking, Risk Management, Regulation, Fintech

Learning Prerequisites

Required courses

Introduction to finance

Recommended courses

Macrofinance, Econometrics

Learning Outcomes

By the end of the course, the student must be able to:

  • Describe the different types of institutions active in financial intermediation.
  • Recall the main types of risks banks face.
  • Synthesize ways in which bank risks can be managed.
  • Characterize different types of regulatory interventions and their justifications.
  • Contextualise the main challenges to banks' business model due to the macro environment and financial innovation.
  • Interpret market-based indicators to assess the outlook for bank profitability and risks.
  • Differentiate drivers of financial crises and their effects
  • Assess / Evaluate different tools used by central banks to affect market interest rates

Transversal skills

  • Use a work methodology appropriate to the task.
  • Demonstrate the capacity for critical thinking
  • Access and evaluate appropriate sources of information.
  • Summarize an article or a technical report.

Teaching methods

Lectures, homework, case studies, expert talks

Assessment methods

30% Projects/case studies

70% Final exam

Supervision

Office hours No
Assistants Yes
Forum Yes

Resources

Virtual desktop infrastructure (VDI)

No

Bibliography

Greenbaum, S., Thakor, A. and Boot, A. (2019), "Contemporary Financial Intermediation", 4th edition, Academic Press

Mishkin, F. (2021), "The Economics of Money, Banking, and Financial Markets", 13th edition (Global Edition), Pearson

Saunders, A., Cornett, M. and Erhemjamts, O. (2020), "Financial Institutions Management: A Risk Management Approach", 10th Edition (International Student Edition), McGraw-Hill Education

Ressources en bibliothèque

Moodle Link

In the programs

  • Semester: Spring
  • Exam form: During the semester (summer session)
  • Subject examined: Financial intermediation
  • Lecture: 3 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: During the semester (summer session)
  • Subject examined: Financial intermediation
  • Lecture: 3 Hour(s) per week x 14 weeks
  • Semester: Spring
  • Exam form: During the semester (summer session)
  • Subject examined: Financial intermediation
  • Lecture: 3 Hour(s) per week x 14 weeks

Reference week

 MoTuWeThFr
8-9     
9-10     
10-11     
11-12     
12-13     
13-14     
14-15     
15-16   EXTRANEF126 
16-17    
17-18    
18-19     
19-20     
20-21     
21-22     

Thursday, 15h - 18h: Lecture EXTRANEF126