Jean Monnet Module “Insurance Markets”
Goal and the objectives of the Module: The aim of this course is providing the student with some advanced concepts and techniques in the insurance industry. The program of this course describes insurance as a device of risk management, as a legal contract between an insurance company and the policyholder and as a financial service provided by the insurance market and supervised by the state. A value added to this module will be the inclusion of sustainability issues related to insurance. Insurance companies can embrace sustainability in a variety of ways – from their own buildings and vehicles and other products made available to their own employees, through to their green investments, their green underwriting decisions and sustainable insurance products. Insurance companies play an important role in social, economic, and ecologically friendly sustainability affecting the behavior of all the actors in the economy: the business firms, the households, the supervisory and public authorities. The topics of this module will be enhanced with case studies from the experience of advanced EU countries and every topic will be discussed in the context of EU insurance directives and legislation.
Jean Monnet Module “Financial Business Valuation”
Goal and objectives of the Module: The course program Business Valuation is designed to complete students with scientific and practical knowledge in concepts of valuing businesses. The course provides analysis of the main theoretical and practical aspects of business valuation, analysis of the basic principles of valuation, the importance of business value creation and maximization, and green valuation. The program provides scientific and practical information on strategies and the financial models that can be used for business valuation and EU directives and policies in business valuation. One of the objectives of the course is to enrich the knowledge of students and have direct access to EU policies referring the green financing (green bond), green investment, and their impact in business value creation. A special emphasis is put on the company valuation in special situations as: merging and acquisition, emerging markets, high growth companies and financial institutions. Students’ knowledge will be enriched with EU directives and rules applied for each of special situation. The students will be approached to the motto “Investing money for good than just for profit “- becoming a business that invest in green projects, renewable energy and recycling means that this business will be more attractive to shareholders and creditors looking for long-term sustainable strategy. At the end of this course students will be able to calculate the value of a business and financial institution confronting and explaining the differences in financial value of companies that have invested in green and sustainable businesses and the ones that have not.