Master of Science in Finance and Banking

Updated A.Y. 2017-2018

PROGRAMME

This course aims to provide an overview of important topics in empirical banking.
Students will be introduced to the relevant literature and presented with empirical applications.
Students are helped to read, understand and assess the scientific contribution of papers in empirical banking.
Moreover, students will manage with real banking data.

Review of basic concepts on financial markets and banking intermediaries
Market-based vs bank-based economies
The role of banking intermediaries
Finance and growth
The industrial organization approach to banking
M&As in the banking sector
The lender-borrower relationship
Managing credit risk – the scoring models
Individual bank run and systemic risk

TEXTBOOK REFERENCES

Microeconometrics of Banking – Methods, Applications, and Results. H. Degryse, M. Kim, S. Ongena, Oxford University Press, 2009.
Modern Banking. S. Heffernan, John Wiley & sons, 2005.
Microeconomics of Banking. X. Freixas and J-C. Rochet, II Edition, The MIT Press, II Edition, 2008.

OTHER MATERIALS

Slides, notes and do-files.
Papers (they will be available during the course).
These further materials could be downloaded from the web-site of the course by enrolled students.