FINANCIAL ANALYSIS
(objectives)
THE COURSE HAS BEEN DESIGNED IN ORDER TO PROVIDE STUDENTS WITH A THOROUGH EDUCATION AND TRAINING IN THE CONCEPTUAL FRAMEWORK AND ANALYTICAL TOOLS OF FINANCIAL ANALYSIS OF FIRMS AND SECTORS IN MANUFACTURING AND TERTIARY INDUSTRY. STUDENTS WILL DEVELOP A KNOWLEDGE AND UNDERSTANDING OF: 1. FINANCIAL PERFORMANCE OF FIRMS AND STRATEGIES 2. BUSINESS AND FINANCIAL RISK 3. FIRM’S FINANCIAL NEEDS AND FLOWS OF FUNDS ANALYSIS 4. CREDIT RISK AND RATING 5. WORKING CAPITAL MANAGEMENT (TRADE CREDIT-INVENTORY-LIQUIDITY).
STUDENTS HAVE THE OPPORTUNITY TO DEVELOP THE FOLLOWING SKILLS DURING THE COURSE: • ANALYTICAL AND RESEARCH SKILLS: SKILLS OF PROBLEM DEFINITIONS; PROBLEM-SOLVING; DATA SEARCH, COLLECTION AND ANALYSIS FOR BUSINESS PURPOSES • QUANTITATIVE SKILLS: THE ABILITY TO MANIPULATE AND INTERROGATE QUANTITATIVE DATA IN BUSINESS CONTEXTS • QUALITATIVE SKILLS: THE EXERCISE OF CRITICAL INTERPRETATION AND JUDGMENT, THE WEIGHING OF EVIDENCE, AND THE DEVELOPMENT OF REASONED ARGUMENT, GROUP WORKING AND PRESENTATIONAL SKILLS.
TEACHING/LEARNING METHODS AND STRATEGIES USED TO ENABLE STUDENTS TO GAIN THE ABOVE SKILLS ARE: • LECTURES: A CAREFULLY ORGANIZED PROGRAMME OF HIGHLY INTERACTIVE LECTURES COVERING CORE MATERIAL • PROBLEM SETS, REAL-LIFE CASE STUDIES, REAL DATA ILLUSTRATION AND ANALYSIS: TO ENCOURAGE STUDENTS TO ACQUIRE QUANTITATIVE SKILLS AND TO PROVIDE PRACTICAL EXAMPLES AND TO ALLOW STUDENTS TO APPLY THEORY INTO PRACTICE IN AN AUTHENTIC CONTEXT • SEMINARS OF FINANCIAL ANALYSTS FROM US-MEDIOBANCA AND CERVED-CENTRALE DEI BILANCI: TO PROVIDE INFORMATION ABOUT SOME OF THE MOST WIDESPREAD FINANCIAL DATABASES • INDIVIDUAL CONSULTATIONS WITH FACULTY: TO COMPLEMENT THE LECTURES AND ALLOW STUDENTS TO EXTEND THEIR UNDERSTANDING.
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