FINANCIAL INTERMEDIATION



B.WIWI-BWL.0097




Dozierende:

Dr. Paolo Krischak











Zielgruppe:

Masterstudierende der wirtschaftswissenschaftlichen Fakultät




Sprache:

Englisch




Prüfungsanforderungen:


  • Demonstrate a profound knowledge of the functions financial intermediaries provide and the underlying reasons for their existence,

  • document an understanding of viable reasons for the promotion of economic growth through the financial system,

  • demonstrate the ability to explain the different risks faced by financial intermediaries,

  • show a profound understanding of methods and techniques used to identify and mitigate these risks,

  • document an understanding of the different causes that led to the Great Financial Crisis,

  • demonstrate the ability to critically assess the reactions to the Great Financial Crisis and demonstrate an understanding of major change drivers in financial intermediation.






Vorraussetzungen:

Keine Zugangsvoraussetzungen




Qualifikationsziele/Kompetenzen:

After a successful completion of the course students are able to:


  • understand the underlying mechanisms of financial intermediation, the importance of asymmetric information and moral hazard,

  • explain and critically discuss the functions and services financial intermediaries provide and the role they play in the financial system,

  • apply methods to analyze and mitigate the various risks faced and posed by financial intermediaries,

  • understand the interactions between nonfinancial and financial companies, the financial system’s interconnectedness and vulnerabilities,

  • critically assess and explain the different causes that led to the Great Financial Crisis,

  • understand and discuss major change drivers to financial intermediation, such as crypto-currencies and green finance,

  • apply their knowledge to critically take part in related policy discussions






Inahtl der Vorlesung:

Contents:

1. Basic Concepts

2. Theoretical Framework of Financial Intermediation

2.1. Functions of Financial Intermediaries

2.2. The Variety of Financial Intermediaries

2.3. The Financial System

2.4. Fractional Reserve Banking

2.5. Further Properties of Financial Intermediaries

3. Major Banking Risks

3.1. Overview

3.2. Interest Rate Risk

3.3. Liquidity Risk

3.4. Credit Risk

3.5. On Balance Sheet Activities

4. The Great Financial Crisis and the Future of Financial Intermediation

4.1. Securitization

4.2. The Funding of the Bank

4.3. A Brief Historical Overview of Financial Crises

4.4. The 2007 – 2009 Financial Crisis




Inhalt der Übung:

In the accompanying practice sessions students deepen and broaden their knowledge from the lectures. The practice sessions will be integrated into the lecture.












Ansprechpartner



Dr. Paolo Krischak