Course 2025-2026 a.y.

Treasury management

Financial risk management 

Capital structure & corporate value  

Principles, tools, operating processes of bank lending and credit risk management

Internal ratings assignment processes and rating validation

The role of financial markets

Regulatory profiles. Impacts on banks and borrowers

At the end of the course student will be able to support the corporate finance department, the credit and risk management functions of financial institutions, the financial practices of consulting companies and the main liberal professions.

• The first part of the course provides the skills related to three thematic areas
  • Treasury management
  • Financial risk management.
  • Company Valuation.
• The second part of the course provides the skills related to financial markets and institutions, including:
  • Credit analysis, rating assignment and credit risk management.
  • Management of bank lending in compliance with banks’ regulations
  • Structuring  corporate financial strategy, financial markets functions  and financial institutions policies and strategies setting.

At the end of the course student will be able to

- use theoretical frameworks and operational tools of financial management and risk management,

- optimize financial corporate decisions and banking operations,

- interpret financial markets dynamic,

- comply with regulations while exploiting the business opportunities.

• Lectures
• Guest speaker's talks (in class or in distance)
• Practical Exercises
• Collaborative Works / Assignments

Lectures are generally based on guided discussion format. It allows a continuous interaction with students aimed at searching for appropriate solutions to proposed (macroeconomic, regulatory, managerial, product-specific) issues. Case studies, incidents and exercises also are important in class dynamic as a way to apply tools and concepts developed during the course to various critical aspects of financial management in corporate firms, and of risk management in banks and financial markets. By doing so, students will combine knowledge with problem solving and how-to-do capabilities. Finally, guest speaker's talks give students the opportunity to connect with professionals and create meaningful learning connections.

The written exam with open and closed-ended questions is aimed at testing the knowledge and abilities learned during the course and in particular:

• Ability to summarize the interaction between business strategy and financial strategy

• Ability to assess the value of corporate strategic decisions

• Ability to apply the tools of modern finance to raise money and drive shareholder value

• Ability to summarize and communicate concisely investment decisions for a non-financial company

• Ability to identify the main alternatives offered by financial institutions and markets to support corporate clients while taking care of banking regulations constraints

• Ability to describe how financial institutions manage credit risk and capital and what are the implications for corporate clients

• Ability to apply the above concepts in hands-on exercises similar to junior corporate tasks

The 8 multiple-choice questions assess the capability of being analytical when studying regulations, concepts, and tools. The 4 open questions are aimed at assessing the capability to frame comprehensively the abilities indicated above. Final marks are expressed in thirties. Each multiple-choice question correctly answered is valued 0.875/30. Each open question is valued up to 6/30. Laude is assigned by instructors' judgment among those who have got at least 30/30.

A half-course exam, related to the first part of the course, can be taken. It consists of 4 multiple-choice questions and 2 open questions. Students who have taken and passed the half-course exam, can take the second half-course exam in any of the first two exam sessions at the end of the course. Applying for sitting in any of these first two exam sessions at the end of the course implies that the mark earned in the first half-course exam will not be available for any further exam session.

- R. Anconetani F. Colantoni O. Pettinato, Selected Readings of Corporte Finance, Egea, 2025

- G. De Laurentis and V. Farina, “Corporate Financing. Credit Risk, Rating, Pricing and Regulation”, Bancaria Editrice, 2025