课程介绍

本课程全英文讲授，面向在华外国留学生、国际交换生和国内金融专业的本科生，获“上海高校外国留学生英语授课示范性课程”称号。本课程通过理论结合实际的教学方法，融入哈佛商学院倡导的“以参与者为中心”教学理念。学生在完成本课程的学习后，不仅能够了解金融市场和金融机构在经济中的举足轻重不可取代的作用以及中国银行业在不断变化的国际经济环境中面临的挑战和风险，而且能够掌握并运用多种方法和手段来度量和管理现代商业银行面临的信用风险，利率风险，市场风险，流动性风险等各种风险，并灵活运用金融学和经济学的基本原理分析和解决实际问题。

课程大纲

学习目标

Course Objectives:
This course builds on basic financial theory and the principles courses in economics. It addresses topics that are important for managing financial institutions in a rapidly changing international environment. Upon successful completion of the course, student should be able to understand the role of financial institutions in the economy; explain why banks are unique, and therefore merit special attention; to understand the analytical foundation underlying financial institutions management, and be able to use them to analyze important financial issues, including financial crisis; be familiar with risk management techniques to deal with the various risks banks and other financial institutions face.

学习要求

Warning:  
•    Plagiarism is taken very seriously.  Students caught plagiarizing in-class assignments, term paper, and/or exams in this course have been severely penalized. Any student caught cheating in the final exam will be failed in this course and reported to the school for further penalty.

Class Assignment:
There will be 3-4 class assignments. Students are encouraged to discuss assignments, but each student should finish the assignment on her or his own and hand in separate answers.  

Term Paper and Class Presentation:
Students are advised to form a working group of no more than five students. Each group should write a term paper and present it in the class. Each group can choose to write a paper on a case study from the list given in the syllabus or a topic related to bank risk management. However, the topic chosen by each group is subject to the approval of the lecturer.

Note: I expect each group to apply the methods/theory learned in the class to analyze the case or topic of your choice. A simple review of the case or literature review of a topic will result in a low score.

The following questions should be addressed in your term paper if a case study is chosen,
a.    What has happened, and how did it happen?
b.    In your opinion, what are the specific risks involved? You need to present arguments based on data or facts to support your opinion.
c.    As a bank manager, what lesson can we learn from this case?

The following questions should be addressed in your term paper if self-selected topic is chosen,
a.    What is the question or problem?  
b.    Why is this question important or interesting?
c.    How do you address this question, i.e., empirical analysis or theoretical analysis?

Each group should prepare to present the term paper in 20 minutes, with 3-5 minutes for Q&A. The presentation slides should be submitted before the presentation.

The term paper should be no more than 20 pages with double spaces and fonts no smaller than 10pt. The data source and references should be clearly and completely documented.

Timeline for term paper and presentation(subject to change)
1.    Week 3-5: Form a group and decide on term paper topic
2.    Week 7: Bid for the case study and allocation of the topic.
3.    Week 9-16: Presentation of term paper
4.    On the day of Final Exam: Due date for the term paper.

A "Best Presentation" prize will be awarded to the group who does the best job in the presentation. Each group needs to evaluate the performance of other groups, and the Best Presentation prize will be awarded to the group with the highest average score from group evaluation and lecture evaluation.

.
List of the Case Study and Research Topics:
•    AIG, Allied Irish Bank, Bankers Trust, Barings Bank, China Aviation Oil, Continental Illinois, Daiwa Bank, Lehman Brothers, LTCM, Société Générale, Washington Mutual Fund, Norther Rock, UBS Rogue Trader (2011), Citibank in 2008
•    Online Banking, Mobile Payment, Micro Finance, Bitcoin, FinTech, etc.

Class Participation:
Students are encouraged to participate in the class discussion actively. Such activities include good comments, questions, articles, and even pointing out flaws and typos in class material.

A "Best Question" prize will be awarded to the student who raises interesting questions and/or makes good comments in the class or on the forum

考核标准

Weight of Assessment:
•    Final Exam                             :      40%
•    Class Assignments                 :      30%
•    Presentation and Term Paper :      20%
•    Class Participation                  :      10%

教材教参

Textbooks and References:
Textbook:
•    Saunders and Cornett, Financial Institutions Management: A Risk Management Approach, 8th edition/International Edition, McGraw Hill, 2014 (FIM)
•    Peter S. Rose and Sylvia C. Hudgins, Bank Management and Financial Services, 9th Edition, International Edition, McGraw-Hill, 2013 (BMFS)
-    Peter S. Rose and Sylvia C. Hudgins, Bank Management and Financial Services, 9th Edition（英文缩减影印版）, 中国人民大学出版社
-    Peter S. Rose and Sylvia C. Hudgins, Bank Management and Financial Services (中文版), 9th Edition, 机械工业出版社, 2016
Reference book：
•    John C. Hull, Risk Management and Financial Institutions, Second Edition, Pearson, 2010
Suggested Periodicals:
•    Asiamoney www.asiamoney.com
•    The Asian Wall Street Journal www.awsj.com
•    The Banker www.thebanker.com/
•    The Business Times business-times.asia1.com.sg
•    The Economist www.economist.com
•    Euromoney www.euromoney.com
•    The Financial Times www.ft.com
•    The Financial Times Chinese www.ftchinese.com
•    The Wall Street Journal www.wsj.com

Useful Links:
•    Federal Reserve
•    Federal Deposit Insurance Corporation
-    FDIC Quarterly Banking Profile
-    FDIC Quarterly Report
•    China Banking and Insurance Regulatory Commission(中国银行保险监督管理委员会)
-    Statistics (统计数据)
•    China Banking and Insurance Regulatory Commission (English)
-    Statistics
•    The People's Bank of China
•    The People's Bank of China (English)
•    Monetary Authority of Singapore
•    China Security Regulatory Commission
•    China Security Regulatory Commission(English)