In a globalized banking industry, the banks around the world must provide high-quality and homogeneous across countries financial information, fulfilling the needs of their users, regulators and supervisors. The International Financial Reporting Standards, due to their large international acceptance, represent the language able to meet this purpose.
A Complete & in-depth IFRS Program for Banking Accountancy
The course will enable students to critically examine the effects of IFRS reporting on economic decision making, and the broader impact on the Banks and society.
The students will analyze empirical accounting questions related to the Banking industry to stimulate critical enquiry into the theory behind the standards, the effects and the degree to which the standards achieve their aims. It will develop students' critical and analytical abilities.
The program is developed through the completion of case studies that simulate aspects of the real-world application of the IFRS knowledge. The students will acquire the accounting knowledge of complex transactions realized by Banks.
The objective of the first part of the course is to study the major decision-making areas of managerial finance and some selected topics in financial theory of special relevance in the Banking sector. These include company valuation, mergers and acquisitions, corporate reorganizations, pricing of selected financial instruments, syndicated loans, etc.
This subject will introduce relevant concepts, such as financial, current account, sovereign debt and banking crisis as well as economic bubbles. The context is the recent historical experiences. Additionally we explore the inter-connection between the real economy and the financial part of the economy, emphasizing the role of monetary policy.
The globalization has far-reaching consequences on the economy, management and society. It presents an abundance of ethical challenges at all levels of business and work: at the systemic (macro-), organizational (meso-), and personal (micro-) level. Therefore, it needs fair and effective rules, customs, and institutions, but also professional ethics and integrity of individuals and organizations.
This subject will provide participants with a comprehensive overview of the foundations of banking regulation. The program covers the main areas of macro and micro prudential regulation. It provides several case studies that allow for a more practical approach to different aspects of banking regulation. Students will be able to acquire a sound knowledge of banking regulation.
Master internships will provide students an opportunity to utilize the knowledge gained through the Master in Banking and Financial Regulation coursework. The internship will account for 27 ECTSs toward degree completion.