DA_FIM Financial Institutions and Management

University of Finance and Administration
Winter 2024
Extent and Intensity
1/1/0. 10 credit(s). Type of Completion: DZk (doctoral examination).
Guaranteed by
doc. PhDr. Ing. et Ing. Petr Jakubík, Ph.D. et Ph.D.
Department of Finance – Departments – University of Finance and Administration
Contact Person: Dita Egertová
Prerequisites
There are no prerequisites for this course.
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives
Seminar work
Learning outcomes
Seminar work
Syllabus
  • The aim of the course is to discuss the development and current state of scientific knowledge in the area of management and regulation of financial institutions in conditions of advanced market economy. The course focuses on the position and importance of financial institutions in the current market system and on the specifics of management, regulation and supervision of financial institutions in conditions in the EU and Czech Republic. Furthermore, criteria, methods and decision-making techniques are discussed, both from the point of view of the institutions themselves and their regulation and supervision. The course also focuses on mastering academic writing and working with literature. Syllabus of the course: 1. Definition of the category "financial institution". Classification of financial institutions. Typology of financial institutions. 2. The position and importance of financial institutions in the current market system. 3. Theory and management of financial institutions, specifics of large and small institutions. 4. New challenges of contemporary development, globalization, financial innovation, increase in market uncertainty and volatility, planning the level of held capital, risk management. 5. Regulation and legal adjustment of financial institution management. 6. New trends, contemporary regulatory issues, transposition of EC directives. National, regional and international initiatives, current discussions, new proposals. 7. Micro and macro-prudential analysis, strategies and behaviour of financial institutions. 8. Differences between micro and macro prudential approach, the importance of systematic risks, the impact of an economic crisis on risk management. 9. Procyclicality of the financial system. Definitions, current discussions in international forums, proposals and tools to mitigate it. 10. Impact of a deteriorated economic environment on banks, which - in order to maintain the required solvency - reduce lending in the economy, thus further affecting the economic performance and retroactively facing its consequences, for example in the form of a further increase in non-performing loans. 11. Research studies on management and regulation of financial institutions. 12. Discussion of topics of final seminar papers.
Literature
    required literature
  • Basel Committee on Banking Supervision. Progress report on Basel III implementation, BIS, 2012
  • Bliss R. and George G. Kaufman. Financial Institutions and Markets, Palgrave Macmillan US, 2008
  • Kohn, M.: Financial Institutions and Markets. New York: Oxford University Press, 2004.
  • Czech National Bank. Banking Sector Stability Report - current materials
  • European Systemic Risk Board: Report and Research - current materials
    recommended literature
  • Lo Duca, M., Peltonen, T.: Assessing systemic risks and predicting systemic events, Journal of Banking and Finance, 2012.
  • Borio, C., Shim, I.: What can (macro-) prudential policy do to support monetary policy?, Working Papers No 242, 2007
  • Schmieder, Ch., C. Puhr and M. Hasan: Next Generation Balance Sheet Stress Testing, IMF Working Paper No 11/83, 2011.
Teaching methods
Personal consultations with students of combined study, e-mail communication.
Assessment methods
oral exam
Language of instruction
English
Further comments (probably available only in Czech)
The course can also be completed outside the examination period.
Information on the extent and intensity of the course: 12 hodin KS/semestr.
The course is also listed under the following terms Winter 2019, Winter 2020, Winter 2021, Winter 2022, Winter 2023.
  • Enrolment Statistics (recent)
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