Learning Outcomes
Upon successful completion of the course the student is able
a) to understand the contribution and risks of the banking sector in the European environment
b) to calculate and predict the value, performance and sensitivity of Money, Capital and Exchange Market instruments
c) to understand and manage bank firm opportunities and risks both at technical and practical level
d) to confer on the trustworthiness of banks and their compliance to the rules of Basel III
e) to understand the goals of monetary policy and to form projections on prices and interest rates
Course Content (Syllabus)
Purpose
The course aims to give students a complete picture of the banking sector's contribution to finance the real economy, to supply money and other means of payments, and the transmission of monetary policy from the Central Bank toward the economy.
Object
The object of the course is the functioning of the banking sector and its contribution to the real economy. In particular, are analyzed the structure of the financial system, financial intermediation and the involvement of banks in financing the economy, the creation of money and making payments and transfers. Are also presentef the valuation and balance relations on the money market (bills, interest rates), the capital market (bonds), the foreign exchange market (deferred spread). Moreover are discussed the structure of the Eurosystem and the functioning of the European Central Bank and the objectives and instruments of monetary policy in the Eurozone. Finally are addressed the issue of credit risk and banking supervision, measurement and management of banking risk and provisions of the Basel agreements I, II
Course Bibliography (Eudoxus)
Casu,B., Girardone, C., Molyneux, Ph., Εισαγωγή στην Τραπεζική, (ελληνική μετάφραση 2ης έκδοσης) εκδόσεις Τζιόλα2018