Finance and insurance

Part I - THE ANALYSIS OF INTERNATIONAL FINANCIAL SYSTEMS • Approaches to the analysis of financial systems • Taxonomy of financial systems • Analysis tools • Main data sources at the international level Part II - INTERNATIONAL FINANCIAL INTERMEDIARIES AND MARKETS: BUSINESS MODELS AND DEVELOPMENT STRATEGIES IN DIFFERENT CONTEXTS • The Security Exchange industry • The insurance sector • The banking sector • Other intermediaries (guarantee schemes, sovereign funds, investment funds, etc.) • The role of technological innovation in the areas of financial sector Part III - SUPERVISION AND REGULATION • Regulatory approaches • Supervisory models • The costs related to regulation and supervision activities Part IV - ANALYSIS OF SOME INTERNATIONAL FINANCIAL SYSTEMS • Islamic Financial System • Chinese financial system • US financial system • EU financial systems

To approach the study of this course is necessary to have the basic knowledge related to the Economics of Financial System (bachelor degree level). In the event that an examination of this kind has not been attended during previous, it is necessary to fill in the gaps with a text concerning these topics. It is advisable to ask the Professor for more detailed indications.

All teaching materials are provided on Sapienza’s e-learning platform (Moodle 2). Throughout the semester, the platform is updated on an ongoing basis with precise cross-references between the topics covered in class and the study materials. Access to the course site requires an enrolment code, communicated during lectures; non-attending students may request it from the instructor by e-mail at any time.

Attendance is not compulsory but strongly recommended

The assessment for the award of credits consists of an oral examination designed to verify the student’s acquisition of the following competences in relation to the topics covered in the course: • Knowledge and understanding: through questions aimed at ascertaining the understanding of the phenomena analysed during the course; • Applying knowledge and understanding: through the resolution and discussion of concrete cases; • Learning skills: through metacognitive questions requiring, for example, the student to outline the steps needed to approach the study of a foreign financial system; • Making judgements: through questions aimed at evaluating the quality of argumentation and the critical use of the knowledge acquired.

- Traditional lectures - Testimonials and seminars - Study groups preparing written assignments and/or research projects on international financial systems