Tu sei qui
N91466 - Financial Engineering
Anno Accademico 2020/2021
LINDA MADDALENA PONTA (Tit.)
CRISTINA MARIA SOPPELSA
- Primo Ciclo Semestrale
- Modalità d'Erogazione
- Lingua Insegnamento
|[LM31B] Ingegneria Gestionale - classe LM-31||[PDS0-2019 - Ord. 2019] comune||10||88|
The aim of the course is to provide students techniques and tools to understand ordinary and extraordinary financial issues within companies, to extract information from financial data and to analyze investing financial decision regarding portfolio of financial assets. After completing the course the student will be able to evaluate the financial equilibrium of a company, to plan its financial needs by considering the sustainability of the financial structure and to identify the company’s market value by using financial providers data and building basic evaluations model on Excel sheets. The student will be able to derive key information from the company financial reports and thus will be able to analyze and provide practical guidance to Senior Management relying on his/her own analysis. Ultimately the student will be able to communicate with the financial staff in the company using the proper language and concepts. Moreover, the student will be able to analyze financial time series to investigate the main statistical properties and gather information to build and manage financial portfolios though the classical financial theory. Finally, the student will acquire skills on some derivatives instruments.
Students should have an understanding of the fundamentals of Accounting (financial prospects and its components).
In a rigorous analytical framework, the course provides several real applications and favors a hands-on approach. Main topics are the following:
• Financial market: intermediaries and tools
• The company: financial equilibrium and dynamic financial analysis
• Financial planning
• Debt financing: tools, characteristics, players
• Equity financing: tools, characteristics, players
• Capital structure, cost of capital and risk
• Company’s evaluation: different approaches
• Bonds and shares pricing
• Financial markets statistics
• Financial portfolios and returns
• Strategical asset allocation
• Derivatives - Futures and options
The course uses blended learning which combine classroom lectures (some students in the class and some at distance on streaming) and online learning. Contents will be synchronous, provided in class, and asynchronous or available before lecture for a self-paced learning according to the complexity of the topic covered. Learning is supported by business cases and applications to allow students to apply the concepts illustrated during classes. Quick quizzes will be provided to periodically assess students’ learning as well as group assignments to develop analysis capabilities. Students are expected to regularly monitor the course site on “ecorsi.liuc.it”, where they can find notices, overheads, articles or list of references.
At the end of each topic an evaluation will be done through exercises and / or open and multiple choice questions and / or written assignments with oral presentation. The final grade will be the weighted sum of the marks received in each evaluation.
The test about the prof. Soppelsa and prof. Ponta parts can be taken during the winter session, i.e. the 18-01-2021 or the 08-02-2021.
Only students that have already taken prof. Gagliardi, Focardi tests and Scalas assignment can take prof. Ponta and Soppelsa test on Jan 18 and Feb 08 alternatively.
Students that didn't take the mid-term tests or did not reach a sufficient evaluation (calculated as weighted sum of the all evaluations), or students that prefer to try to increase their score must enrol for the total programme exam on Jan 18 and Feb 08
In the other sessions it is possible to take the financial engineering exam as a test about all the parts of the program done.
The rules are based on mutual respect between teachers and students. Punctuality and willingness to provide clarifications on the part of the teachers are reciprocated by the students with attentive listening skills and active participation in lessons.