ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING-1

Anno accademico
2022/2023 Programmi anni precedenti
Titolo corso in inglese
ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING-1
Codice insegnamento
EM1504 (AF:399117 AR:215014)
Modalità
In presenza
Crediti formativi universitari
6 su 12 di ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING
Livello laurea
Laurea magistrale (DM270)
Settore scientifico disciplinare
SECS-S/06
Periodo
3° Periodo
Anno corso
1
Sede
VENEZIA
Spazio Moodle
Link allo spazio del corso
This course is a compulsory 12-ECTS course that describes and analyzes the main financial instruments for sustainable finance and impact investing.
In particular, the first part of this course covers an overview of financial instruments and investment strategies. The second part of the course focuses on Social, Impact, Green, Transition, and Sustainable financial instruments and existing methods to incorporate sustainability into investment and financial decision-making.
The instructional goal of the 12-ECTS course is to acquire the knowledge and competencies to understand, manage and evaluate traditional financial instruments as well as provide an introduction to sustainable financing and investing and the quantitative models that allow for evaluation of them.
Students are expected to know the basic elements of Financial Mathematics, Calculus, and Statistics with a Bachelor's degree in Economics level.
1. Introduction to derivatives and markets in which they are traded: Forwards, futures, options, and swaps.
2. Fixed-income markets and types of fixed-income securities.
3. Equity markets and instruments.
4. ESG-driven investment
5. Climate-driven investment (decarbonization of a portfolio; green financial assets)
6. Portfolio performance evaluation (traditional and sustainability-corrected measures)
8. Green bonds and sustainability-linked loans.
9. Impact Financing.
1. Hull, J.: Options, Futures, and Other Derivatives, Pearson-Prentice Hall, 11e (global ed.) Chapters: 1,2,4,5,10,11,12,13,15,19

2. Staub-Bisang, M.: Sustainable Investing for Institutional Investors: Risks, Regulations and Strategies, John Wiley & Sons, 2012

3. Zvi Bodie, Alex Kane, Alan Marcus, Investments, 11th Edition, McGraw-Hill (selected chapters)

Further readings:
Schoenmaker, D., & Schramade, W. (2018). Principles of sustainable finance. Oxford University Press.
Fisher, P. (Ed.). (2020), Making the Financial System Sustainable. Cambridge: Cambridge University Press.
Impact Investing: Killing Two Birds with One Stone? Financial Analysts Journal, 76(4), 40 -52 (2020)
The exam is a written, closed-book exam, which consists of a combination of exercises, true/false questions, and multiple-choice questions on the material covered in class. The exam takes place at the end of the course and aims at assessing the analytical skills developed during the course. A mock exam will be posted on the course webpage in Moodle.

Project works will be assigned for intermediate evaluation.
Lectures supported by applied examples of discussed models.
Inglese
Students are required to register for the related course web page of the university e-learning platform moodle.unive.it.
Additional information, updates, and further material on the course will be provided on the web page of the course in moodle.
scritto

Questo insegnamento tratta argomenti connessi alla macroarea "Cambiamento climatico e energia" e concorre alla realizzazione dei relativi obiettivi ONU dell'Agenda 2030 per lo Sviluppo Sostenibile

Obiettivo 7: energia pulita e accessibile
Obiettivo 13: agire per il clima
Programma definitivo.
Data ultima modifica programma: 04/05/2023