Error message
User error : Failed to connect to memcache server: druportbe01:11211 in dmemcache_object() (line 415 of /production/drupal/dim_prod/drupal/d7cl4/prod/unich/releases/7/web/sites/all/modules/contrib/memcache/dmemcache.inc ).
Single discipline educational activity
Course Sheet Academic Year of enrolment:
Disciplinary Sector:
Economics of Financial Intermediaries
Professor and Collaborators:
Hours of classroom activity:
Prerequisites:
Preparatory courses are not required. However, knowledge of the basic concepts of financial markets and institutions is recommended.
Objectives
Contents The course focuses on how banks can build long-term relationships with large firms, by providing financial services and products with high consultancy value. A summary of the contents is the following:
• Corporate and investment banking: definition and business areas;
• Investment banking during the crisis;
• Strategic Mergers and Acquisitions advice;
• Corporate Restructuring;
• Debt capital markets: restructuring debt, refinancing debt and raising new debt;
• Pool financing;
• Equity capital markets: advising clients on how much capital to raise, from where and when;
• Focus on initial public offerings (IPOs), private equity funds and venture capital funds;
• Mezzanine financing;
• Developments in lending policies;
• Securitisation.
Extended Syllabus • Corporate and investment banking: definition and business areas;
• Investment banking during the crisis;
• Strategic Mergers and Acquisitions advice;
• Corporate Restructuring;
• Debt capital markets: restructuring debt, refinancing debt and raising new debt;
• Pool financing;
• Equity capital markets: advising clients on how much capital to raise, from where and when;
• Focus on initial public offerings (IPOs), private equity funds and venture capital funds;
• Mezzanine financing;
• Developments in lending policies;
• Securitisation.
Recommended Bibliography G. Forestieri (2020), Corporate & Investment Banking, Egea, Milano (capp. 1, 2, 3, 5, 6, 7, 8, 9, 10, 12, 14, 15, 17).
Reference book: Joshua Rosenbaum, Joshua Pearl (2013), Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions, Wiley.
Methods of Provision
Teaching Methods Lessons will be carried out on the basis of the following teaching methods:
- Frontal lectures
- Newspaper reading
- Case studies
- Seminars held by bank operators
- Banking game.
The attendance is highly recommended.
Evaluation methods Verification of learning:
The evaluation of the level of student learning will be carried out by an oral exam (vote in thirtieths). It aims at evaluating on one hand the communicative skills, the technical language and the expository clarity, on the other the knowledge and competences covered by the formative objectives to be assessed.
At the request of the students, one written exam can be carried out at the end of the course according to “L’Ascolto” model. In this case, the exam will consist of 30 questions (multiple choice), including some exercises, aimed at verifying the understanding of the theoretical and application topics covered in the course. If the test will be passed (with a score of at least 18/30), students can also take the oral exam to improve her/his grade.
Finally, at the request of students, it will be possible to organize working groups that, at the end of the course, will present a case study drawn from the banking/financial landscape. Following the assessment of the ability to learn, a maximum score of 2/30 can be assigned.
Contacts/More Information All the students can consult the teaching material on the e-learning platform.