Financial Institutions/Markets

Catalog description

*Formerly Money and Banking. This course is designed to help students understand the operations of financial institutions and financial markets and the crucial role they play in modern economies. This course focuses on four broad areas that include: the importance of studying money and banking and an overview of the financial system including a detailed understanding of the banking sector, banking regulations, and the impact of banking functions on the local and national economy; understanding interest rates and its importance in market economies and the financial sector; the importance of money and monetary policy and the role of the Federal Reserve System; and issues related to financial institutions. In addition, students learn about banking services, financial fraud, and the critical role of ethics in the financial sector. *Note: Students admitted under the 2021 catalog will follow the 2022 catalog for FINC 310 and the course content taught.