The
course adresses students in the International Business and Finance
program who are excempt from studying abroad (or participate in a
4-semester double degree program).
Learning from a history of financial
crises - and refering to the cases from our Financial Market Decisions
Class in the first term -, students understand the need for financial
supervision and regulation on a global scale. They are able to
critically reflect the shortcomings of former regulatory approaches
(“lessons learned” from the past). Students acquire a thorough picture
of today’s national and supranational supervisory authorities and
institutions involved in the process of financial supervisory and
regulatory standard-setting. Students understand the different pillars of
today’s regulatory and supervisory framework ("Basel III") and are able to develop
recommendations for further improvement. They understand the need for market regulation and are able to describe
the major elements of MAR (Market Abuse Regulation).
By
deeply researching and analyzing the financial situation of a major global
bank, students understand the effect of the regulations which were developed
and refined over the last 20 years. They
learn to interpret published financial statements and understand the
limitations of interpreting financial statements following different accounting
standards.
The grade will comprise of
- A written exam
- Up to 30% bonus points from the semester project
- Up to 10% bonus points from Datacamp assignments
- Dozent/in: Michael Feucht