Teaching Methodologies
Classes are theoretical and practical in nature. Firstly, an expository method is used to provide an appropriate theoretical framework for the
subjects.
Secondly, an essentially practical teaching method is favoured, based on the analysis and discussion of a series of real cases illustrating
the subjects under study.
Learning Results
The aim of this course is for students to:
1) Learn about the entities that form the Portuguese financial system, their evolution and the activities they are allowed to carry out, with
particular emphasis on the case of credit institutions;
2) Identify the various segments of the financial market, as well as their respective purposes and modes of operation;
3) Discuss the determinants of recent financial crises, as well as the ways in which they spread and the possibilities for prevention;
4) Recognise the interconnection between financial practices and investment decisions and sustainability
Program
I. FINANCIAL SYSTEM
1. The Portuguese financial system: evolution and trends
2. Entities that form the Portuguese financial system
3. Supervisory model
4. Banking Union
II. CREDIT INSTITUTIONS
1. The banking business: from the traditional model to the digital model
2. Credit institutions’ main asset and liability operations
3. Kinds of banking risk analysis and management
III. FINANCIAL MARKETS
1. Securities Market
1.1. Primary market
1.2. Secondary market
2. Indirect securities market
2.1. Money market
2.2. Capital market
3. Foreign Exchange Market
4. Derivatives market
5. Initial Public Offers and Short-Selling Operations
6. Characteristics and operation of the secondary securities market
IV. FINANCIAL CRISES
1. Recent financial crises
2. Contagion effect and transmission channels
3. Determinants of financial crises
4. Bail-ins and bailouts
V. GREEN FINANCE
1. The Principles of Responsible Investment (PRI)
2. The new financial ratios
Internship(s)
NAO
Bibliography
ABREU, M., AFONSO, A., ESCÁRIA, V. & FERREIRA, C. (2018). Economia Monetária e Financeira, Escolar Editora
CAIADO, A. C. e CAIADO, J. (2018), Gestão de Instituições Financeiras, 3.ª Edição, Edições Sílabo.
RODRIGUES, A.A. (2022), Regime Geral das Instituições de Crédito e Sociedades Financeiras, 2.ª Edição, AAFDL Editores.
SAUNDERS, A., CORNETT, M. e ERHEMJAMTS (2019), Financial Institutions Management – A Risk Management Approach, Tenth
Edition, McGraw-Hill Education.
QUELHAS, A. P. (2023). Sustentabilidade e investimento uma visão crítica sobre o caso das green bonds. Boletim de Ciências
Económicas.
QUELHAS, J. M. (2012). Sobre as crises financeiras, o risco sistémico e a incerteza sistemática. Coimbra: Almedina.
Banco de Portugal – Eurosistema, Regime Geral das Instituições de Crédito e Sociedades Financeiras, Decreto-Lei n.º 298/92 (Diploma
consolidado).
InforBanca – REVISTA DO INSTITUTO DE FORMAÇÃO BANCÁRIA (vários números), IFB/APB, Lisboa.