Microloan Practicum

Catalog description

This course is an experiential learning opportunity that engages students directly with a participating lending institution. Students manage a real-money loan portfolio, making individual loans to women and minority-owned businesses. Students participate in every aspect of the loan process including marketing and outreach efforts, assessment of loan applications, formulation of lending decisions, funding of loans, and monitoring loan repayments. Course is repeatable. A maximum of 3 credit hours of practicum from FIN 383 and 385 will apply as an upper level elective in the major area per degree for students pursuing the Bachelor of Science degree in Accounting or the Bachelor of Science degree in Business Administration. Additional hours will count as free electives. Prerequisite: Grade of C- or better in FIN 361 or permission of instructor.