- Docente: Gabriella Chiesa
- Credits: 8
- SSD: SECS-P/01
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Quantitative Finance (cod. 8409)
Learning outcomes
At the end of the course, student understands deeply the nature and scope of security design and financial institutions in the provision of liquidity and functioning of financial markets; the role of collateral and repo markets; and the policies of central banks in liquidity/financial crises.
Course contents
The goal of this course is to provide the tools for undertanding deeply the evolution and functioning of contemporary financial system, and the challenges it poses to pratictioners as well as regulators/policy makers.
To this end, we will develop the tools for understanding the nature and scope of security design (included asset securitization), the role of financial institutions in maturity transformation, provision of liquidity and functioning of financial markets; the role of “collateral” and “repo markets”; and the policies of central banks in liquidity/financial crises.
Readings/Bibliography
Readings will be detailed in class and made available in AMS Campus together with slides of the classes.
Attendants are strongly invited to get access to the Financial Times website.
Teaching methods
Lectures in class, discussion of financial events
Assessment methods
Written exam
Teaching tools
Slides, PC
Websites of financial press -- Financial Times, Bloomberg, The Economist
Office hours
See the website of Gabriella Chiesa