FINANCIAL INTERMEDIATION
Prüfung:Klausur: 60 Min. (6 CP)
Empfohlene Vorkenntnisse:
Introduction to Finance, Capital Markets and Valuation
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.
- Critically assess the different causes that led to the Great Financial Crisis.
- Demonstrate an understanding of major change drivers in financial intermediation.
Qualifikationsziele/Kompetenzen:
After successful completion of the course, students will be able to:
- Understand the underlying mechanisms of financial intermediation and 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 and 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 take part in related policy discussions critically.
Inhalte der Vorlesung:
1. Basic Concepts
2. Theoretical Framework of Financial Intermediation
3. Major Banking Risks
4. Financial Crisis and the Future of Financial Intermediation