Banking and Financial Institutions

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.

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Syllabus

Syllabus - What you will learn from this course
Week 1
Course Orientation
Module 1: Money and Finance
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.
Week 2
Module 2: Modern Banking
This module will provide a broad overview of money, the financial system, and how this all connects with real economic activity.
Week 3
Module 3: Risk and Return
In this module, we are going to zoom in on the business model of modern banks.
Week 4
Module 4: Regulation
In this module, we are going to focus on the sources of profit at modern banks and the various risks surrounding these profits.

FAQ

When will I have access to the lectures and assignments?

Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:

The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.

The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

What will I get if I purchase the Certificate?

When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

Is financial aid available?

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Reviews

Very informative useful and interesting course overall

The course carries a significant merit to enhance the banking field based on its key concepts and case studies.

I truly Appreciate Professor Rustom Irani and thanks to him for such a wonderfully teaching the course

Thank you sir.

Prof. Irani is a very interesting and competent lecturer who presents complex issues in an understandable way. Thank you, Professor!