Undergraduate

The Department of Banking and Financial Management was created in 1989 and is the only one in the field of Finance in Greece.

The curriculum is comparable with the respective curricula of the foreign Universities, is adjusted to the Greek reality and aims at covering the educational needs of the financial sector of the country. In particular, apart from extended emphasis in Economic Analysis Quantitative Methods and Social Sciences, studies in the Department of Banking and Financial Management offer basic knowledge in the operation of enterprises, credit institutions and money and capital markets.

Special emphasis is given in the following aspects:

  1. the role of the financial manager of a modern corporation in achieving business targets, in financial planning and reporting and in rasing and using funds,
  2. the structure and functions of banking institutions,
  3. money and capital markets, particularly the functions of Stock Exchanges, portfolio management using options, futures, hedging and swaps,
  4. the structure and functions of investment banking firms with special emphasis in their activities concerning mergers, takeovers and divestitures,
  5. international banking and international banking institutions,
  6. the use of microcomputers and related applications for analysing and presenting data for solving financial problems.

The curriculum accommodates the professional needs of students who wish to become executives in private and state enterprises, banks and other profit-making and non-for-profit institutions.

With this curriculum, the Department deals with the present and future needs of the country in specialised administrative and business executives in all sectors of Department of Banking and Financial Management.

BSc in Banking and Financial Management, offered by the Department of Banking and Financial Management, School of Finance and Statistics, University of Piraeus

 

The curriculum presented below is currently (as of academic year 2019-2020) applicable for up to third year students, and will become fully applicable from academic year 2020-2021 for fourth year students as well. In the current academic year, fourth year students follow a marginally modified version of this curriculum, in which there exist two core courses in the eight semester (Portfolio Management and Business Policy and Strategy) instead of one.

Moreover, according to a recent decision of the Departmental General Assembly, foreign language courses no longer count towards the successful completion of the BSc Program. This modification becomes fully applicable for students expected to graduate in the academic year 2022-2023; however, language courses are still mandatory for students expected to graduate before that date.

Study in the BSc program takes a total of four years, developed over eight semesters, for a total of 240 ECTS credits (60 per year) corresponding to 32 different courses (4 courses per semester). Each of the two semesters (winter and spring) involves compulsory teaching over 13 weeks (this Semester duration is mandated by Greek law for all public Universities), so each module is taught over 13 weeks*4 hours per week in each Semester.

Foreign language courses are organised at the University level and cover the following languages: English, or French, or German. They are mandatory for students expected to graduate until year 2021-2022 (entry into the BSc Program in year 2018-2019) but have become non-mandatory for students having entered the BSc Program in year 2019-2020, so expected to graduate in year 2022-2023.

 

Courses taught in each Semester

 

First Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Microeconomics ΙC47.5
Statistics ΙC47.5
Mathematics ΙC47.5
Regulation of Financial MarketsC47.5

 

 

Second Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Macroeconomics ΙC47.5
Statistics ΙΙC47.5
Principles of Financial AccountingC47.5
Mathematics ΙΙC47.5

 

 

Third Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Introduction to Computer Science and ProgrammingC47.5
Commercial LawC47.5
Financial ManagementC47.5
Financial Statement AnalysisC47.5

 

 

Fourth Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Money and BankingC47.5
Fixed Income SecuritiesC47.5
EconometricsC47.5
Corporate FinanceC47.5

 

 

Fifth Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
International MacrofinanceC47.5
Financial Derivatives and Hedging StrategiesC47.5
Elective courseC47.5
Elective courseC47.5

 

Sixth Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Financial TheoryC47.5
BankingC47.5
Elective courseΕ47.5
Elective courseΕ47.5

 

Seventh Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Risk Management for Financial InstitutionsC47.5
International Financial MarketsC47.5
Elective courseΕ47.5
Elective courseΕ47.5

 

 

Eighth Semester
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Portfolio ManagementC47.5
Elective courseC47.5
Elective courseΕ47.5
Elective courseΕ47.5

 

 

 

 

 

 

Winter Semester Electives – study years 3 and 4
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Computational FinanceΕ47.5
Selected Topics in IFRS AccountingΕ47.5
Financial EconometricsΕ47.5
Theory of Decision Making Ε47.5
Tax AccountingΕ47.5
Credit Risk ManagementΕ47.5
Microeconomics of BankingΕ47.5
Neuro FinanceΕ47.5
Introduction to InsuranceΕ47.5
Management AccountingΕ47.5
Market Microstructure TheoryΕ47.5
The Financing of Global CorporationsΕ47.5
Mutual Funds and Alternative InvestmentsΕ47.5

 

 

Spring Semester Electives – study years 3 and 4
Course nameCore course/Elective (C/E) Weekly teaching hoursECTS Credits
Game TheoryΕ47.5
Business Policy and StrategyΕ47.5
Environmental FinanceΕ47.5
Asset PricingΕ47.5
Mergers and AcquisitionsΕ47.5
Applied Global MacrofinanceΕ47.5
Stochastic Methods in FinanceΕ47.5
Applied EconometricsΕ47.5
Bank AccountingΕ47.5
Internship in Banking and Financial ManagementΕ47.5
Economics of InformationΕ47.5
Organizational BehaviorΕ47.5
Special Topics in Risk ManagementΕ47.5
Advanced Portfolio TheoryΕ47.5
Special Topics in Risk ManagementΕ47.5
Stochastic AnalysisΕ47.5

 

 

 

Prerequisite Modules
Name of course for which a prerequisite course existsSemesterName of prerequisite courseSemester
Statistics ΙΙ2Statistics Ι1
Mathematics ΙΙ2Mathematics Ι1
International Macrofinance5Macroeconomics Ι2
Financial Statement Analysis3Principles of Financial Accounting2
Econometrics4Statistics ΙΙ2
Financial Derivatives and Hedging Strategies5Fixed Income Securities4
Corporate Finance4Financial Management3