FIN/366 - Financial Institutions
Course Description
This course develops a conceptual framework for understanding how recent and current events affect the financial environment. Financial markets are examined with a focus on their utilization by financial institutions, the pricing of financial assets, the impact of the Federal Reserve, the internationalization of financial markets, and the impact of recent events. Financial institutions such as insurance companies, commercial banks, and investment banks are covered. The institutions are described with a focus on regulatory aspects and management use of financial markets and performance.
This undergraduate course is 5 weeks.
This course has a prerequisite. Please see details in the Prerequisite section below.
PLEASE NOTE:
Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
Course Objectives
Financial Institutions and Markets
- Describe the major types of financial institutions.
- Describe how interest rates are determined.
- Explain how interest rates are structured.
Federal Reserve
- Explain the primary functions of the Federal Reserve.
- Describe the impact of Federal Reserve policies on interest rates and the U.S. economy.
- Evaluate how Federal Reserve policies impact financial markets and institutions.
Debt Markets
- Describe how the money market operates.
- Describe types of risks associated with bonds.
- Describe how mortgages are created and managed.
Equity and Derivative Markets
- Explain how stocks are managed and used.
- Describe how the financial futures market operates.
- Explain how the roles and functions of bond markets differ from those of money markets.
Banking
- Identify reasons for growth of U.S. banking operations overseas.
- Explain how commercial banks manage risk.
- Describe in detail the framework for valuing a commercial bank.
Prerequisites
None
Disclaimers
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with an Enrollment Representative.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.