FINANCIAL INTERMEDIATION
Empfohlene Vorkenntnisse:
Finanzwirtschaft des Unternehmens, Finanzmärkte und Bewertung
Prüfungssanforderungen:
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, critically assess the different causes that led to the Great Financial Crisis, and demonstrate an understanding of major change drivers in financial intermediation.
Qualifikationsziele/Kompetenzen:
After successful completion of the course students will be able to:
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 financial innovation and green finance, apply their knowledge to critically take part in related policy discussions.
Inhalte der Vorlesung:
0. Basic Concepts
1. Theoretical Framework of Financial Intermediation
2. Major Banking Risks
3. Financial Crisis and the Future of Financial Intermediation