Financial Intermediation I
People
Course director
Assistant
Description
The course describes the structure of financial intermediaries, in particular banks. Definition of the various types of financial intermediaries, their typical balance sheet and risks they face. Study of models to quantify the amount of interest rate and liquidity risk that is typically faced by banks. The course covers the first half of Financial Intermediation and will end on April 2, 2026.
Objectives
The course aims to describe the structure of financial intermediaries, with a focus on banks.
Teaching mode
In presence
Learning methods
Lectures and exercise sessions.
Please refrain from using laptops or any portable device for web surfing, chatting, etc.
Active participation in class discussion is highly encouraged.
Examination information
Grading is based on an in-class final exam (80%) and a group case assignment (20%). That is, Course grade = 80% × final grade + 20% × assignment grade
Bibliography
- Mishkin, F., Eakins, S.. Financial Markets and Institutions. Pearson Ed., 2018.
- Saunders, Anthony, Cornett, Marcia Millon, Erhemjamts, Otgo. Financial institutions management: a risk management approach. Eleventh edition, international student edition. New York, NY: McGraw-Hill, 2024.
Education
- Master of Science in Economics in Economia e Politiche Internazionali, Lecture, F, 1st year
- Master of Science in Economics in Economia e Politiche Internazionali, Lecture, Area sviluppo sostenibile, 1st year
- Master of Science in Economics in Finance, Lecture, 1st year