FINANCIAL REGULATIONS AND COMPLIANCE

Code Cours
2324-IÉSEG-MBK1S2-FIN-MBKCI03UE
Language of instruction
English
Teaching content
FINANCE
This course occurs in the following program(s)
Training officer(s)
A.GIRARD
Stakeholder(s)
Alexandre Girard, PhD
Level
MSc in Investment Banking and Capital Markets
Program year
Period

Présentation

Prerequisite
This course requires a deep understanding of the structure of the banking industry and the role of banks in the economy. Students should know the structure of banks balance sheet. No other specific prerequisites are required but students should remain informed on key issues relevant to the financial sector
Goal
- Understand the importance and the role of financial institutions as financial intermediaries in the economy
- Understand the influence of information asymmetries and transaction costs on the architecture of the financial sector
- Understanding how financial regulation affect the operation of financial institutions (AACSB Learning Goal)
- Understand what are the main risks embedded in financial activities
- Analyze advantages and disadvantages of financial regulation
- Develop a critical thinking about regulation design
- Get familiar with ethical concepts and their influence on the day-to-day work in finance
Presentation
The course is made of four general chapters:
- Chapter 1: General Introduction, why do banks exist?
- Chapter 2: Causes and consequences of financial crises
- Chapter 3: Guiding principles of regulation
- Chapter 4: Banking regulation in Europe
- Chapter 5: Current issues regarding banking regulation
- Chapter 6: Ethics, code of conducts and everyday work

Modalités

Organization
Type Amount of time Comment
Présentiel
Cours magistral 20,00
Travail personnel
Group Project 30,00
Overall student workload 50,00
Evaluation
The assessment is based on 3 pillars:
(1) one oral presentation of a specific regulation,
(2) a report that highlight the deep understanding of the purpose of financial regulation and
(3) a case study that tests students' ability
3a. to assess the values of the organization in which they work,
3b. solve professional dilemmas using concepts of CSR and Ethics
3c. organize change management processes.
3d. appraise the performance of a team
Control type Duration Amount Weighting
Autres
Projet Collectif 18,00 1 50,00
exposé
exposé 0,50 1 50,00
TOTAL 100,00

Ressources

Bibliography
Risk Management and Financial Institutions 4th, John C. Hull, Wiley Finance -
Financial Markets and Institutions, Frederic S. Mishkin, Stanley G. Eakins, Pearson -
Code of Ethics and Standards of Professional Conduct, CFA Institute -
Standards of Practice Handbook, CFA Institute -