Program Overview

ECONOMIA DEGLI INTERMEDIARI FINANZIARI CLEA

Program Details

• Code: 66704
• Academic Year: 2025/2026
• CFU: 9 cfu (second year)
• Scientific Disciplinary Sector: SECS-P/11
• Language: Italian
• Location: Genova
• Period: Second semester
• Fractionation: This course is divided into two fractions: A and B

Prerequisites

To take this course, it is mandatory to have passed the exams in "Economia Aziendale" and "Matematica Finanziaria".

Teaching Methods

The teaching activity uses various methodologies, including:

• Frontal lessons
• Case analysis
• Testimonies from companies
• In-depth studies carried out individually or in groups by attending students
• Self-assessment tests and instant polls as a tool for participatory teaching Support methods are provided for students with DSA or disabilities, according to the University's procedures. Attendance is not mandatory.

Program/Content

The course is divided into four parts:

1. Financial Structure of the Economy and Theory of Financial Intermediation
   • The financial system
   • Alternative technologies for fund transfer: banks and markets
   • Overview of financial instruments and markets
   • Concept of financial system
   • The objective function of the investor and the borrower
   • Economic functions performed by financial intermediaries
2. Financial Instruments
   • Debt securities
   • Equity securities
   • Derivative instruments
   • Insurance and pension instruments
   • Payment instruments
3. Financial Markets
   • Organizational forms of markets
   • Structure and operation of regulated Italian markets
4. Financial Intermediaries
   • Banks
   • Securities brokerage companies
   • Insurance companies
   • Asset management companies

Texts/Bibliography

• Loris Nadotti, Claudio Porzio, and Daniele Previati, "Economia degli intermediari finanziari", McGraw-Hill, third edition, 2017

Teachers and Commissions

• Teacher: Laura Nieri
• Office Hours: Indicated on the Aulaweb page of the course and on Teams (code gk5smtd)
• Examination Commission:
  • Laura Nieri (President)
  • Barbara Alemanni
  • Marco Di Antonio
  • Francesca Querci

Lessons

• Start of Lessons: Second semester. The detailed calendar is available on the DIEC website
• Lesson Schedule: Available on the course's Aulaweb page

Exams

• Exam Method: Written exam, which can be taken in the scheduled exam sessions
• Assessment Method: The exam includes multiple-choice questions, true/false questions, open-ended questions, and exercises similar to those done during lessons and contained in the reference manual
• Exam Calendar:
  • Date: 15/01/2026, 29/01/2026, 12/02/2026, 28/05/2026, 11/06/2026, 09/07/2026, 09/09/2026
  • Time: 10:00
  • Location: Genova
  • Type: Written

Other Information

• There are no limitations on the number of exam sessions that can be taken in each session
• However, if the score obtained in an exam session is less than 16/30, due to the serious gaps that have emerged, it will not be possible to retake the exam in the next session unless it is in another exam session

Agenda 2030

• Quality Education
• Gender Equality
• Decent Work and Economic Growth
• Industry, Innovation, and Infrastructure