Course 2009-2010 a.y.

Course Objectives

This course has three main objectives:

• analyze the institutional and economic setting of the international financial markets where major banks operate
• examine the management problems faced by banks operating in the international financial markets
• analyze the technical features of the financial instruments negotiated in international financial markets and the characteristics of the markets in which these instruments are issued.

Course Content Summary

The course includes four main sections:

• the historical evolution of the international monetary system and its implications for the international financial markets
• the main segments of the international financial markets: the foreign exchange market, the euromarkets, syndicated loans, eurobonds and international bond and equity markets
• the management policies of international banks: risk management, securitization processes, capital management, funding policies
• the main problems posed by international financial activities to banking regulation.

Detailed Description of Assessment Methods

The exam is written. Participants can split the exam into two parts, a partial examination and a final examination, or simply have one general exam at the end of the course or during following official exam dates. All exams are closed books and include theory-related questions and exercises.

Textbooks

The textbook are indicated at the beginning of the course.