ECTS - University of Pisa
Scheda programma d'esame
SECURITY MARKET ECONOMICS
MARIA CRISTINA QUIRICI
Academic year2016/17
CourseBANKING FINANCE AND FINANCIAL MARKETS
Code021PP
Credits9
PeriodSemester 2
LanguageItalian

ModulesAreaTypeHoursTeacher(s)
ECONOMIA DEL MERCATO MOBILIARESECS-P/11LEZIONI63
MARIA CRISTINA QUIRICI unimap
Programma non disponibile nella lingua selezionata
Learning outcomes
Knowledge
The student who successfully completes the course will be able to demonstrate a solid knowledge of structural and functional aspects of the Italian Security Markets, considering the deep evolutions in the regulation and in the rules of the financial contest in these last decades. So students are expected to acquire knowledge of: - the principle financial intermediaries that characterize the Stock Markets working (SIM, Banks, SGR, SICAV, fiduciaries societies and others); - all their necessary qualifications to act in the Stock Market; - the characteristics of the principle securities activities (such as negotiation and placing of securities); - the characteritics of the principle securities (State bonds, corporate bonds, shares, derivatives) and the differences among them for a saver/investitur considering their own investment risk; - the regulation and forms of control in our Security Markets and their evolution in the European contest after the recent deep financial crisis.
Assessment criteria of knowledge
In the written exam (45 minutes, having both multiple choice questions and some open questions), the student must be able to demonstrate his/her knowledge of the different subjecs in the course material,organising an effective and correctly written reply. The student must be able to demonstrate his/her propriety of expression dealing with the course material too.

Methods:

  • Final oral exam
  • Final written exam

Further information:
The final written exam has the 100% of the evaluation, with a double weight to open questions respect to the multiple choice questions.( In certain particular cases, it's possible to have a final oral exam too, according to a specific evaluation by lecturer, and in this case the oral exam has the 100% of evaluation).

Teaching methods

Delivery: face to face

Learning activities:

  • attending lectures
  • participation in seminar
  • participation in discussions
  • individual study

Attendance: Advised

Teaching methods:

  • Lectures
  • Seminar
  • Task-based learning/problem-based learning/inquiry-based learning
Syllabus
The course covers the evolution in the rules and in the ways of regulation of our Security Market, from its beginning to the current years, drawing what is characterizing its working. Particular attention is paid: - to the different financial intermediaries and to their qualifications necessary to active in the Stock Markets; - to the ways to regulate and control these intermediaries in the European contest;, considering the effects of the recent deep financial international crisis; - to the ways to carry on their activities; - to the different securities (State bonds, corporate bonds, shares, derivatives), analysed in their functional and fiscal characteristics, to consent a choose among them in order to their investment risk.
Bibliography
M.C. QUIRICI, Il mercato mobiliare italiano. L'evoluzione strutturale e normativa, FrancoAngeli, Milano, 2010, (Chapters 1, 2, 3, 4, 6,7 and 8, limited to the parts described in the current program). R. CAPARVI (a cura di), Il mercato mobiliare. Strategie e tecniche di negoziazione dei prodotti finanziari, FrancoAngeli, Milano, 2010 (limited to Chapter 1:Gli strumenti finanziari). Further bibliography for consultation will be indicated.
Work placement
There is the opportunity for the students to choose a period of stage within a financial structure (SIM, SGR, banks or others fimancial intermediaries) in order to have a real contact with the problems/circumtances discussed during the course. This period of stage can attribute 6 CFU that can be ascribe to free choice CFU of the degree.
Updated: 14/11/2016 17:27