Ateneo - UPO

1. Knowledge and understanding: The course aims to provide the basic knowledge required to understand the essential technical and economic characteristics of the main types of financial instruments in the banking, insurance and pension sectors.
2. Ability to apply knowledge and understanding: the ability to apply the knowledge acquired to assess the characteristics of financial instruments.
3. Independent judgement: the critical ability to choose the most suitable instrument to meet a specific financial need and to assess its risks.
4. Communication skills: the ability to use appropriate technical language.
5. Learning skills: the ability to adequately assess the characteristics and risks of financial instruments in the face of specific future personal or professional financial needs, and to read and interpret the
constantly evolving economic and financial context.

Teaching material provided by the lecturer.

The course awards 6 cfu and comprises 45 hours split equally between lectures and assignments.
1.Knowledge and understanding: the basic knowledge necessary to understand structure and goals of the financial system 2. Applying knowledge and understanding: the ability to understand the technical and contractual features of financial products and services. 3. Making judgements: the ability of choosing the right instruments to satisfy.financial needs and to judge its risks. 4. Communication skills: the ability to use an appropriate technical language. 5. Learning skills: the ability of analyzing characteristics and risks of financial instruments and services for personal or professional financial needs and recognize changes in the financial systems.

None

1. knowledge and understanding: face-to-face lectures 2. applying knowledge and understanding: assignments 3. making judgements: through assignments 4. communication skills:through assignments 5. learning skills: with a final project (for the students attending classes) or a written exam (for the other students).

The teaching material is available in the Course page at https://eco.dir.uniupo.it/. Students with physical disabilities, Learning Disabilities or Special Education Needs can request specific services and tools via the Staff Sviluppo e Coordinamento Carriere e Servizi alle Studentesse e agli Studenti, consulting the University webpage: https://www.uniupo.it/en/services/services-students-physical-or-learning-disabilities Students with disabilities, learning disabilities or special education needs, once they have contacted the University Staff, can refer to the tutor in charge of the course to define the examination modalities, concerning academic aspects.

A final project (for the students attending classes) a written exam with open questions and multiple-choice questions (for the other students).
1. Knowledge and understanding: assessed through open-ended and closed-ended questions.
2. Applying knowledge and understanding: assessed through exercises.
3. Making judgements: assessed through open-ended questions.
4. Communication skills: assessed through open-ended questions.
5. Learning skills: assessed through quizzes during the course and midterm exams.
A pass (18/30) is awarded when students demonstrate a basic understanding of the main pillars of the financial system and correctly apply fundamental concepts to the evaluation of financial instruments. Grades in the 18–20 range reflect a sufficient level of preparation with some applied uncertainty; 21–23 reflects a fair preparation with good command of basic concepts; 24–26 reflects satisfactory knowledge and good applied competence; 27–29 reflects in-depth knowledge and good independent judgement; a grade of 30 or 30 cum laude is reserved for students who demonstrate full command of all course topics, draw autonomous connections across the different modules, and argue critically and originally about the selection and evaluation of financial instruments.

- Teaching goals, contents, teaching methods - The financial system: pillars, actors, and functions - The financial instruments: technical and contractual features; risk-return profiles - Checking accounts, repurchase agreements and other bank liability contracts - Payment instruments: from banking currency to virtual currency - Short and medium-long term lending facilities. - Government and corporate bonds: valuation, yield and rating - Mutual funds and principles of asset management strategies - insurance policies and pension funds The course addresses the issue of the gender gap in financial knowledge and behaviours.

KNOWLEDGE To be aware of the major pillars of the financial system (regulation, financial instruments, intermediaries and markets), their functions and operations COMPETENCES - To be able to select the financial tools best suited to meet a given financial need. - To be able to identify the financial institution or segment of capital markets to get access to achieve a given financial goal TRANSVERSAL SKILLS - To know the technical terminology used by practitioners in the financial sector - To be able to read, comprehend and comment technical material from books, financial journals or other source.
Minimum sufficiency level: students know the fundamental categories of financial instruments and intermediaries and can apply acquired knowledge in a basic way to the evaluation of straightforward instruments.
Advanced level: students can autonomously analyse complex financial situations, construct comparative arguments across instruments and intermediaries, and interpret developments in the financial system.