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The course will provide a hands-on dive into how banks steer their balance sheets and interest income using financial market instruments. If you think about career in finance, CFO, trading, treasury, asset management, this is the course for you! The focus will be mainly on liquidity and interest rate (IR) positioning and steering. Students will understand how the IR position influences bank’s interest income and the value of its equity over time. How to position a bank to profit if rates are expected to increase/decrease/rotate? Alternatives to steering the balance sheet via internal pricing of liquidity (FTP) and externally, via operations with bonds and interest rate derivatives, will be explained and practiced. Real life banks' balance sheets and situations on financial markets will be used during the course as both lectors are employed as ALM professionals by a leading financial institutions. To make it more fun, students will form several groups (banks) which will get their own balance sheets as a basis for hands-on (mainly group) homework.
Course contact email: ilovealm2017@gmail.com Poslední úprava: Kotlán Viktor, Ing., Ph.D. (04.02.2025)
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Please switch to the english version. Poslední úprava: Kotlán Viktor, Ing., Ph.D. (25.01.2023)
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GRADING - midterm exam 25% - SVB case presentations 5% - ALCO report 15% - final test 50% - activity bonus 5%
Poslední úprava: Kotlán Viktor, Ing., Ph.D. (04.02.2024)
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Selected chapters from books below and articles distributed throughout the course Mejstřík, Milan; Pečená Magda; Teplý Petr: Banking in theory and practice (Bankovnictví v teorii a praxi), Karolinum, 2015. Choudhry, Moorad: Bank Asset and Liability Management: Strategy, Trading, Analysis, John Wiley & Sons, Inc., 2011. Farahvash, Pooya: Asset-Liability and Liquidity Management, John Wiley & Sons, Inc., 2020. Bessis, J.: Risk Management in Banking, New Jersey: Wiley, 2015.
Poslední úprava: Kotlán Viktor, Ing., Ph.D. (18.01.2024)
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Poslední úprava: Kotlán Viktor, Ing., Ph.D. (04.02.2025)
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Please switch to the english version. Poslední úprava: Kotlán Viktor, Ing., Ph.D. (25.01.2023)
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