Bank Management

The first purpose of the course is to discuss Asset & Liability Management, the set of modern financial techniques needed to create long-term value and control banking risks. A second objective is to analyse and draw strategic implications from the major structural changes occurring in international banking markets such as FinTech and Basel regulations. The course is addressed primarily to participants with a strong interest in strategic planning, control, and risk management in banking.

Financial Markets and Valuation

The purpose of this introductory finance course is to acquire an overall understanding of corporate financial management. The course is structured in four main parts: Valuation of Bonds and Shares, Capital Budgeting, Pricing of Risks, and Financial Structure.

The Banking course covers the banking literature as it relates to theory, empirical studies and regulations. The first part discusses the microeconomic foundations of the banking firm. The second part is devoted to deposit insurance, capital regulations, and interest rate risk. The third part presents recent work in Industrial Organization and Banking. The fourth part introduces to risk management.

Jean Dermine is director of the INSEAD Strategic Management in Banking and Risk Management in Banking programmes, and of several Company Specific Programmes. He teaches modules on Asset & Liability Management.