Financial Intermediation

Instructors

Prof. Dr. Andre Guettler

Carlos A. De las Salas

Talks by industry experts: Dr. Rainer Lauterbach (LAUTICA) & Horst Bertram (Baader Bank)

 

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. 

 

Contents

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

Exchanges / Clearinghouses / OTC markets

New virtual currencies

 

 

Course Schedule 

Tuesday: 14:15 - 15:45 and Thursday: 10:15 - 11:45

Room: H12

 

Grading

Final exam: 100 percent ("open" form)

Date: August 5, 2014; Time: 14:00-16:00; Room: H3 

Retake exam:

Date: October 7, 2014; Time:14:00-16:00; Room: H3

Course Material

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

 

The course is open for

Bachelor of Science Wirtschaftswissenschaften (6 credits)

Master of Finance (6 credits)