This course is the first of two that are offered in collaboration with AIAF (Italian Association of Financial Analysts).

The course aims to integrate the knowledge accumulated during the post-graduate degree in Administration, Finance and Control. It aims to specifically prepare the students who look to take the exam to become a Certified International Investment Analyst (CIIA). 

  • Aims and content
    • LEARNING OUTCOMES
      The course aims to integrate the content of curriculum courses in the study plan carried out in collaboration with AIAF (Italian Association of Analysts and Financial Advisers). The course will focus on Corporate Finance, focusing on some aspects of corporate evaluation, mergers and acquisitions and international corporate finance; Portfolio management focusing on the issue of market efficiency, ALM models and risk indicators; Fixed income by deepening the basic concepts of interest rate structure, characteristics of the main types of fixed income securities, fixed income portfolio management techniques.
      AIMS AND LEARNING OUTCOMES

      At the end of the course, the student will be able to:

      • Understand and elaborate on basic concepts of present value, interest rates and the risk-return trade-off.
      • Appreciate and solve main problems regarding the decision among alternative investments in the corporate sector;
      • Comprehend and analyse the different types of fixed income financial instruments (bonds) and their functioning.
      • Comprehend and analyse the different types of equity instruments (shares)
      • Discuss with general notions the main issue of the portfolio investment.
      • Solve and discuss real-world case studies of financial instruments evaluation and alternative investment decision.
      SYLLABUS/CONTENT

      The course is offered during 12 face-to-face lectures of 2 hours, according the following schedule:

      Lecture

      Topic

      1

      Introduction to the course
      CIIA exam and course objectives
      The role of the financial analyst and her/his professional activity
      Rules and professional ethics

      2

      Time value of money - Interest rates
      Annuity and perpetuity

      3

      Risk and return
      CAPM and WACC

      4

      Corporate Finance: capital budgeting
      NPV and IIR for investment decision

      5

      Fixed income Valuation and analysis:
      Debt instruments

      Types and hybrid forms

      6

      Quantitative analysis of bonds part 1

      Examples and practices

      7

      Quantitative analysis of bonds part 2

      Examples and practices

      8

      Examples and case studies on Fixed income valuation

      9

      Equity valuation and Analysis:
      Evaluation methods

      10

      Case study/practices on Equity valuation

      11

      Intro to portfolio management

      12

      Bloomberg basic

       

      RECOMMENDED READING/BIBLIOGRAPHY

      The learning materials for the lectures and the exam preparation are made available on Aulaweb or provided in class by the lecturer.

      Students are advised to register to the course on Aulaweb and to verify they are granted access to the University Library online system and are able to download articles and journals.

      URL Aula web
      FINANCIAL ANALYSTS 1
      https://2018.aulaweb.unige.it/course/view.php?id=1219
      URL timetable
      FINANCIAL ANALYSTS 1
      http://diec.unige.it/orario-lezioni
  • Who
  • How
    • TEACHING METHODS

      Face-to-face lectures, case study discussions in student groups, practices and exam questions simulation.

      EXAM DESCRIPTION

      Written exam:

      In the written exam, the student is required to demonstrate her/his knowledge of the subject. The exam is a mix of multiple choice questions and open-ended questions, covering both theoretical or practical aspects.

      The exam can be repeated.
       

  • Where and when
    • URL Aula web
      FINANCIAL ANALYSTS 1
      https://2018.aulaweb.unige.it/course/view.php?id=1219
      URL timetable
      FINANCIAL ANALYSTS 1
      http://diec.unige.it/orario-lezioni
      LESSONS START

      2nd Semester

      OFFICE HOURS FOR STUDENTS
      Giulia Leoni

      Tuesday 10am - 12pm

      or by requesting an appointment via email.

      Sessions
      Date Time Type Place Notes
      15 gennaio 2019 14:30 Scritto Genova
      6 febbraio 2019 14:30 Scritto Genova
      5 giugno 2019 14:30 Scritto Genova
      19 giugno 2019 14:30 Scritto Genova
      8 luglio 2019 14:30 Scritto Genova
      10 settembre 2019 14:30 Scritto Genova
  • Contacts