ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING-1
- Academic year
- 2024/2025 Syllabus of previous years
- Official course title
- ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING-1
- Course code
- EM1504 (AF:506511 AR:293708)
- Modality
- On campus classes
- ECTS credits
- 6 out of 12 of ADVANCED INSTRUMENTS FOR SUSTAINABLE FINANCE AND IMPACT FINANCING
- Degree level
- Master's Degree Programme (DM270)
- Educational sector code
- SECS-S/06
- Period
- 3rd Term
- Course year
- 1
- Where
- VENEZIA
- Moodle
- Go to Moodle page
Contribution of the course to the overall degree programme goals
In particular, the first part of this course covers an overview of financial instruments and investment strategies. The second part focuses on Social, Impact, Green, Transition, and Sustainable financial instruments and existing methods to incorporate sustainability into investment and financial decision-making.
Expected learning outcomes
Pre-requirements
Contents
2. Fixed-income markets and types of fixed-income securities.
3. ESG-driven investment
4. Climate-driven investment (decarbonization of a portfolio; green financial assets)
5. Portfolio performance evaluation (traditional and sustainability-corrected measures)
6. Green bonds and sustainability-linked loans.
7. Impact Financing.
Referral texts
Chapters: 1,(2),(3),(4),5,(7),(10),(11),(12),13,(15),(19)
2. Staub-Bisang, M.: Sustainable Investing for Institutional Investors: Risks, Regulations and Strategies, John Wiley & Sons, 2012, Chapters:1,2,(4),5,8
3. Discussion material made available in Moodle and used in class
*( ) only partially covered
Further readings: (optional)
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)
Assessment methods
A final mark of at least 18/30 is needed to pass the exam.
With regard to the grading scale (criteria for assigning grades), regardless of attendance:
A. Scores in the range of 18-22 will be assigned in the presence of:
-Sufficient knowledge and ability to understand applied with reference to the program;
-Limited ability to gather and/or interpret data, formulating independent judgments;
-Sufficient communication skills, especially concerning the use of specific language related to the topics covered in the program;
B. Scores in the range of 23-26 will be assigned in the presence of:
-Fair knowledge and ability to understand applied with reference to the program;
-Fair ability to gather and/or interpret data, formulating independent judgments;
-Fair communication skills, especially concerning the use of specific language related to the topics covered in the program;
C. Scores in the range of 27-30 will be assigned in the presence of:
-Good or excellent knowledge and ability to understand applied with reference to the program;
-Good or excellent ability to gather and/or interpret data, formulating independent judgments;
-Fully appropriate communication skills, especially concerning the use of specific language related to the topics covered in the program;
D. Honors will be awarded for excellent knowledge and ability to understand applied to the program, excellent judgment skills, and excellent communication abilities.
Further details and a Mock exam are available on the Moodle webpage of the course.
Teaching methods
Teaching language
Further information
Additional information, updates, and further material on the course will be provided on the web page of the course in moodle.
Type of exam
2030 Agenda for Sustainable Development Goals
This subject deals with topics related to the macro-area "Human capital, health, education" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development