The purpose of this course is to provide you with a basic understanding of the connections between money, the financial system, and the broader macroeconomy. We will examine the economics of modern financial institutions (e.g. banks), including how they are organized, the products and financial services they offer, the risks they take, why and how they are regulated, and how this has changed over time. We will develop a conceptual framework that will allow us to assess how recent financial regulations as well as innovations in finance (e.g., securitization, fintech, cryptocurrencies) may influence the macroeconomic, financial, and business environment.
Offered By
Banking and Financial Institutions
University of Illinois at Urbana-ChampaignAbout this Course
Offered by
University of Illinois at Urbana-Champaign
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
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Syllabus - What you will learn from this course
Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
Module 1: Money and Finance
This module will provide a broad overview of money, the financial system, and how this all connects with real economic activity.
Module 2: Modern Banking
In this module, we are going to zoom in on the business model of modern banks.
Module 3: Risk and Return
In this module, we are going to focus on the sources of profit at modern banks and the various risks surrounding these profits.
Module 4: Regulation
In this Module we are going to study why the government regulates banks, and what this regulation looks like in practice.
Reviews
- 5 stars82.25%
- 4 stars12.90%
- 3 stars4.83%
TOP REVIEWS FROM BANKING AND FINANCIAL INSTITUTIONS
Very informative useful and interesting course overall
Prof. Irani is a very interesting and competent lecturer who presents complex issues in an understandable way. Thank you, Professor!
I truly Appreciate Professor Rustom Irani and thanks to him for such a wonderfully teaching the course
Thank you sir.
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