Advanced Financial Intermediation

Instructors

Prof. Dr. Andre Guettler

and

Marc Altdörfer, Annika Hanke

 

Overview

Why are financial intermediaries such as banks and mutual funds different from other industries? How did Lehman Brothers’ bankruptcy bring financial systems worldwide to the brink of collapse? What is the “shadow banking system” and how on earth are individual hedge fund managers able to earn more than one billion dollars per year?

These questions are answered by various teaching forms such as classical lectures, talks by industry experts, academic paper presentations, presentations by students covering topical issues, and by solving problem sets and case studies. 

 

Course Outline 

  • Why are financial institutions special?
  • Depository institutions
  • Securities brokerage and investment banks
  • Insurance companies
  • Finance companies
  • Mutual funds and hedge funds
  • Private equity and venture capital
  • Risks of financial institutions
  • Rating agencies
  • Capital adequacy
  • Securitization
  • Deposit Insurance and other liability guarantees

 

Course Schedule

Wednesdays: 12:15 - 1:45pm (N24/226) and Thursdays: 10:15 - 11:45 am (H12). There will be one problem solving session (replacing a lecture) every second week

 

Exam

Final exam (date; time; location): 25th of July, 2016; 4:15-5:45 pm; H13

 

Retake exam (date; time; location): 7th of October, 2016; 10:15-11:45 am; H11

 

Grading

Final exam: 100 percent ("open" form)

 

Course Material

Available to students via Moodle. Required password to download course material will be provided in the first lecture.

 

Textbook

Saunders/Cournett: Financial Institutions Management

Book list
Selected books for the course

 

The course is open for

WiWi [MSc, Dipl.], WiMa [MSc, Dipl.], WiPhy [MSc, Dipl.], Finance [MSc] and others according to study plan

Master of Science (7 credits)

Master of Finance (7 credits)