Finance for International Organisations

A.Y. 2019/2020
Overall hours
Learning objectives
International Financial Institutions (IFIs) play a major role in social and economic development programs in transitional or developing economics. For strategical infrastructural projects regional development banks also play an important role in developed countries. This role includes advertising on project, funding them and assisting in their implementation. The aim of this course is twofold. Firstly to present the system of IFIs, their goals and objectives, functioning principles and experiences. Secondly to analyse the project cycle, investment valuation criteria and the main financial instruments for investment financing.
Expected learning outcomes
Course syllabus and organization

Single session

Lesson period
Third trimester
Course syllabus
Companies and their books
Finance: an overview
financial assets and their markets
the job of a CFO
financial intermediaries
The birth of International Organizations: the historical context
International Organizations in today's world: World economic system and the SDGs
Overview of International Organizations
Macroeconomic stabilization: the International Monetary Fund
Economic Development: the Multilateral Development Banks
MDBs: gathering financial resources
Rates of interest and discounting, basic financial fomulas
MDBs: using financial resources
the analysis of investment projects
choosing among projects
The performance of MDBs
Other MDB issues: governance, efficiency, etc.
Focus on a few MDBs
Prerequisites for admission
Basic knowledge of economics
Fluency in English
Teaching methods
Lectures in classroom or through teleconferences: 20 lectures of 2h each
Teaching Resources
Testo di Finanza Aziendale, Berk & DeMarzo, 4ª edizione (required)
Il sistema finanziario: funzioni, mercati e intermediari, Andrea Ferrari et al. (recommended)
Multilateral Development Banks: Governance and Finance, Ihsa Ugur Delikani et al (recommended)
Assessment methods and Criteria
Written examination with multiple choice and other questions
SECS-P/09 - CORPORATE FINANCE - University credits: 6
Lessons: 40 hours
Professor: Molajoni Pierluigi
Thursdays from 9:30 to 11:30