There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.
This course facilitates an in-depth exploration of current issues in European banking in the aftermath of the global financial crisis of 2007–08 and is centered around Jean Dermine’s book on bank valuation and value-based management. We will explore current challenges by analyzing the financial crisis of 2007–08, including a detailed case study on the near failure and rescue of HRE, and the ensuing tightening in bank regulation.
A general framework for bank valuation provides the background for a discussion of value-based bank management, covering topics including the drivers of bank value and a detailed examination of deposit and loan pricing. The course concludes with an introduction to risk management in banking. Starting with a short introduction to financial systems and banking, covering the financial crisis, the Euro crisis, and the emergence of regulatory reforms through the Basel Framework, each session will focus on a distinct topic to allow for a comprehensive, yet focused and digestible discussion of the subject matter from both a micro and macro perspective.
The course consists of lectures, class discussions, group assignments and case studies. Source materials will include a combination of authentic case studies, relevant chapters from the leading textbooks in the field, recent academic and industry research, publications from relevant institutions and pertinent news articles from the business press. Prior exposure to the banking sector is helpful but not a requirement. A high level of preparedness and participation, however, is essential to ensure that the course is a rewarding experience for all participants.
This course is offered in the part-time Master in Finance program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.
Upon completion of this course, you will be able to:
- Understand the peculiarities of valuing a bank, factors shaping the banking industry (e.g., regulation), and how this bears on value-based bank management
- Apply key concepts of value-based bank management like deposit and loan pricing
- Understand key concepts of risk management in banking
- Bank regulation
- Fundamental bank valuation model
- Bank value drivers
- Deposit pricing
- Loan pricing
- Bank risk management
Dr. Peter Neu is a senior financial services executive and Managing Director at TechQuartier in Frankfurt. Until June 2020 he has held the position as Head of Strategy, Corporate Development and Controlling at DZ BANK AG, Partner for Risk Management at BCG and Senior Risk Manager at Dresdner Bank AG. He was a member of the supervisory board of Equens SE, Deutsche Wertpapierservice Bank and VR Equity. He is currently advising a research institution in strategy and startups in business development issues.
After graduating in Heidelberg in theoretical Physics (Diploma and Doctorate, both summa cum laude), an International Diploma at Imperial College in London and a Post-Doc as Feodor Lynen-Fellow of the Humboldt Foundation at MIT (Cambridge, MA), Peter Neu began his career in the risk controlling department at Dresdner Bank – initially, market risk management for securities and derivative products, then enterprise-wide risk management and treasury.
Course materials will be provided in electronic form.
Campus Westend of Goethe University Frankfurt.
A GBS certificate of participation is awarded upon completion of the course.
€ 950 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 400.
|Sat., Jun 01, 2024||11:30-13:30, 14:30-16:30|
|Sat., June 15, 2024||09:00-11:00, 11:30-13:30|
|Sat., June 29, 2024||09:00-11:00, 11:30-13:30|