•GUIDA ECONOMIA 07-08 - Università degli studi di Udine

•GUIDA ECONOMIA 07-08 - Università degli studi di Udine •GUIDA ECONOMIA 07-08 - Università degli studi di Udine

22.10.2014 Views

200 prospectus udine 5. Workshops. Part 2 1. Measuring performance. Meaning of measurement and performance. Unidimensional and multidimensional performance measuring models. Focus on financial performance measuring models. 2. Various kinds of income statements, balance sheets and financial statements. Some possible configurations for income statements, balance sheets and financial statements. 3. Financial ratios. System of ratios capable of recording corporate financial position: income, development, financial equilibrium and soundness. Economic equilibrium and financial equilibrium. 4. Accounting measures and market measures. Financial ratios, accounting measures and market measures. 5. Workshop. Pre-requisites Business Economics. Bibliography References to books, papers, reviews and specific web sites will be recommended at the beginning and during the course. Some materials are available on the web at http: //www.eugeniocomuzzi.it Exam A written examination and possibly an oral test. A pre-test may be set during the course. FINANCIAL AND BANKING HISTORY Prof. Paolo Pecorari Aims The course outlines the evolution of financial markets and banking systems with regard to modern economies and as an answer to the demand for credit. In particular, the contemporary models adopted by the various financial intermediaries will be considered, underlining the role of institutional factors. Contents International financial banking markets (England, France, Germany, Russia, the USA, Japan) in the XIX and XX centuries. The Italian banking system from 1861 to the end of the XX century, focusing on the credit function of the real economy, on its role in development processes and on institutional changes. In particular, the focus of analysis will be on the characteristics and peculiarities of the national banking system in the first thirty years after unification, the birth of the mixed bank, the growth of the central bank, transformation during the republican age and the passage from state ownership to privatization. Bibliography Class notes and recommended readings. FINANCIAL INSTRUMENTS (CdL BE, EBA) Prof. Maurizio Polato (CdL BF, EC, SCSBM) Prof. Gian Nereo Mazzocco Aims The course focuses on the technical and economic features of open market financial tools; in particular it aims to provide the basic skills required for financial instrument evaluation. Contents Evaluating financial instruments: - technical features; - economic issues.

prospectus udine 201 Bonds. Risk and return for: - zero coupon bonds; - Fixed rate bonds; - Floating rate bonds. Bond markets Shares: - types; - warrants; - operations on stock capital. Convertible bonds. Features and evaluation. Share markets. Derivative instruments. Economic features and evaluation of: - futures; - forward rate agreement; - options; - swaps. Derivative markets. Structured bonds. Pre-requisites ‘Business economics’ is a preparatory course. Bibliography Recommended reading - G.N. MAZZOCCO (ed.), Gli strumenti finanziari di mercato aperto, second edition, Giappichelli, Torino, 2004. Further reading - A. FERRARI, E. GUALANDRI, A. LANDI, P. VEZZANI, Strumenti Mercati Intermediari finanziari, Giappichelli, Torino, 2001. - P.L. FABRIZI, G. FORESTIERI, P. MOTTURA (eds.), Gli strumenti e i servizi finanziari, Egea, Milano, 2003. - A. BANFI (ed.), I mercati e gli strumenti finanziari, Utet, Torino, 1998. FINANCIAL INTERMEDIARIES Prof. Gian Nereo Mazzocco Aims The course aims to provide basic skills required for the comprehension of the relationships between the monetary (and financial) economy and the real economy. Intermediation between economic units will be analysed, as well as the organization and functions of financial markets and financial intermediaries. Contents The financial system. Financial balance and intermediation channels. Money, the payment system and monetary policy. Financial system regulation. Financial markets. Financial intermediaries. Pre-requisites ‘Financial instruments’ and ‘Corporate finance’ are preparatory courses. Bibliography Recommended reading - A. FERRARI, E. GUALANDRI, A. LANDI, P. VEZZANI, Il sistema finanziario: funzioni, mercati e intermediari, Giappichelli, Torino, 2004. Further reading - P. BIFFIS, L’industria del credito, Giappichelli, Torino, 2001. - R. CORIGLIANO, L’intermediazione finanziaria, Bonomia University Press, Bologna, 2002. - G. FORESTIERI, P. MOTTURA, Il sistema finanziario, third edition, Egea, Milano, 2002. - M. ONADO, Mercati e intermediari finanziari, Il Mulino, Bologna, 2000. FINANCIAL INTERMEDIARIES ADVANCED COURSE Prof. Stefano Miani Aims The course aims to provide students with a basic knowledge of financial statements and supervision on financial intermedi-

200 prospectus u<strong>di</strong>ne<br />

5. Workshops.<br />

Part 2<br />

1. Measuring performance.<br />

Meaning of measurement and performance.<br />

Uni<strong>di</strong>mensional and multi<strong>di</strong>mensional<br />

performance measuring models.<br />

Focus on financial performance measuring<br />

models.<br />

2. Various kinds of income statements, balance<br />

sheets and financial statements.<br />

Some possible configurations for income<br />

statements, balance sheets and financial<br />

statements.<br />

3. Financial ratios.<br />

System of ratios capable of recor<strong>di</strong>ng corporate<br />

financial position: income, development,<br />

financial equilibrium and<br />

soundness. Economic equilibrium and<br />

financial equilibrium.<br />

4. Accounting measures and market measures.<br />

Financial ratios, accounting measures<br />

and market measures.<br />

5. Workshop.<br />

Pre-requisites<br />

Business Economics.<br />

Bibliography<br />

References to books, papers, reviews and<br />

specific web sites will be recommended at<br />

the beginning and during the course.<br />

Some materials are available on the web<br />

at http: //www.eugeniocomuzzi.it<br />

Exam<br />

A written examination and possibly an<br />

oral test. A pre-test may be set during the<br />

course.<br />

FINANCIAL AND<br />

BANKING HISTORY<br />

Prof. Paolo Pecorari<br />

Aims<br />

The course outlines the evolution of<br />

financial markets and banking systems<br />

with regard to modern economies and as<br />

an answer to the demand for cre<strong>di</strong>t. In<br />

particular, the contemporary models<br />

adopted by the various financial interme<strong>di</strong>aries<br />

will be considered, underlining<br />

the role of institutional factors.<br />

Contents<br />

International financial banking markets<br />

(England, France, Germany, Russia, the<br />

USA, Japan) in the XIX and XX centuries.<br />

The Italian banking system from 1861 to<br />

the end of the XX century, focusing on<br />

the cre<strong>di</strong>t function of the real economy,<br />

on its role in development processes and<br />

on institutional changes. In particular,<br />

the focus of analysis will be on the characteristics<br />

and peculiarities of the national<br />

banking system in the first thirty years<br />

after unification, the birth of the mixed<br />

bank, the growth of the central bank,<br />

transformation during the republican age<br />

and the passage from state ownership to<br />

privatization.<br />

Bibliography<br />

Class notes and recommended rea<strong>di</strong>ngs.<br />

FINANCIAL<br />

INSTRUMENTS<br />

(CdL BE, EBA)<br />

Prof. Maurizio Polato<br />

(CdL BF, EC, SCSBM)<br />

Prof. Gian Nereo Mazzocco<br />

Aims<br />

The course focuses on the technical and<br />

economic features of open market financial<br />

tools; in particular it aims to provide<br />

the basic skills required for financial<br />

instrument evaluation.<br />

Contents<br />

Evaluating financial instruments:<br />

- technical features;<br />

- economic issues.

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